Market
|
Problems
|
VRI Solution
|
Managed Care Organizations |
- Increasing healthcare costs without the ability to raise the end user’s rates.
- Industry heading towards pay for performance reimbursement method
|
- Real time data enabling Care Managers to react quicker to incidents.
- Ability to improve case management efficiency
- Ability to help lower claims costs
- Ability to decrease re-hospitalizations of persons managing chronic diseases
|
| Assisted and Independent Living Facilities |
- Inability to manage chronic disease patients which leads to low occupancy rates
- Shortened length of stays
|
- Low cost way of scaling nursing capabilities allowing more patients to age in place
- Ability to market service as a value-added benefit for choosing their facility
|
| Hospitals |
- Need to reduce rapid re-hospitalizations
- Decreased reimbursement from government and private insurers for rapid re-hospitalizations
|
- Real proven results to reduce readmissions.
- Ability to scale staff
- Improve relationships with insurers/government
|
| Care Givers |
- Need a better solution to track and monitor loved ones illness
- Need data to better communicate with doctor’s
- Unable to be there 24 hours a day 7 days a week in case of emergency
- Need to decrease re-hospitalization
|
- Online access to loved ones data including graphs to share with doctors.
- 24 hour, 7 day a week Care Center monitoring for exceptions to readings and getting help when needed.
- Proven decrease in re-admission rates
|
