Benefits - Diversified Healthcare Partners

Benefits

Remote patient monitoring allows physicians and hospitals to monitor patients outside of the conventional clinical setting where the technology can provide 24/7 data between patients and physicians. Over 88 percent of hospitals and health systems are investing in remote patient monitoring technologies to better connect hospitals with patients.

DHP provides a very simplified yet effective solution to remote patient monitoring with real time dashboards to track outcomes of each patient. Each physician practice, home health agency, and payer can realize improved patient outcomes with greatly reduced hospitalizations. The customers also benefit from improved revenues utilizing the appropriate billing codes allowable by CMS for this service.

Reduce hospital readmission rates

As many providers who work in hospital-system know, there is a constant drive to keep readmission levels down — or bear the penalty. Beyond the possible financial cost, it is clear that when the needless readmission rates are high, patient care is not handled effectively.
Telemedicine provides a means of holding down certain readmission rates. One study by the New York Home Care Association analyzed telehealth measures in five health care facilities in patients with heart failure, COPD, and pneumonia, which resulted in average readmission reductions ranging from 7% to 26%.
Since telemedicine solutions made it simpler for patients to follow-up with questions and red flags, they improve the ability to identify and prevent a problem before it becomes lengthy and avoidable hospital stay.

Extend access to specialty care

Keeping a fully staffed hospital running with access to all the specialties can be expensive. Now, many telemedicine firms are allowing hospitals to hire remote specialists to extend their specialty care programs. Even a basic telehealth solution will help give patients access to the experts in a different specialty at one place. Without recruiting additional FTE’s, organizations can expand their healthcare programs.

Improves care outcomes

Implementing telemedicine leads to an expanded treatment system. If patients have a simple, interactive way of communicating with their doctors, asking questions, and avoiding visits to hospitals, they are more likely to have good outcomes. These good outcomes can also be measured and often are used as quality metrics utilized in pay for performance programs.