Hospitals and ACO's
Hospitals are under pressure to reduce their 30-day readmissions rates especially for same DRG. Telehealth can help reduce DRG losses and improve bed utilization for higher revenue opportunities. The improved quality of care and follow-up builds a stronger reputation in the local area. Carematix having served Medicare, Medicaid and SNP's, has programs even for your uninsured and Medicaid populations.
According to the Patient Protection and Affordable Care Act, an Accountable Care Organization (ACO) “must define processes to promote evidence-based medicine and patient engagement, report on quality and cost measures, and coordinate care, such as through the use of Telehealth, remote patient monitoring, and other such enabling technologies.” Carematix can build a customized, cost effective solution to improve follow-up of low and high risk populations using Automated Calls and Telehealth devices.
Carematix wireless devices are placed in patients' homes to take their vital signs every day for review by their nurses from any computer anywhere. Patients transmit their blood pressure, oximetry levels, pulse rate, weight readings daily with equipment installed in their home. If any reading is outside the parameters set by their nurse, a notification is sent to the nurse. This real-time feedback helps healthcare professionals detect and address even the slightest abnormalities before they become serious, preventing emergency room visits and re-hospitalizations.
Medicare estimates that hospital readmissions cost $26 Billion annually, of which up to $17 Billion is preventable. Our health system customers have seen measureable reductions in hospital readmission rates since implementing the Carematix remote monitoring solution. By alerting Clinical Staff to patients out-of-parameter readings, care teams take proactive actions to either adjust medications or direct patients back to PCP's, resulting in significant cost savings.
The results have been encouraging with higher levels of patient engagement in their care and hospital readmissions cut by 40 percent.
- Dr. Richard Milani, M.D., Chief Clinical Transformation Officer, Ochsner Health System