Readmissions Impact Wellbeing — As Well As Finances
Between 2018-2019, over 2,500 hospitals will be facing severe reimbursement penalties under the Hospital Readmissions Reduction Program, according to the CMS. These penalties will sum withholdings of up to 3% of hospitals’ regular reimbursements.
The need for ACOs and IPAs to save funds has led us to provide innovative solutions to improve patient care, while at the same time protecting these institutions from regulatory forfeitures.
Solving Readmissions Through Personalized Patient Engagement
Our eDoc service has been carefully designed around solving a real and specific problem: Drastically reducing hospital readmissions through Remote Patient Monitoring and Tele-Health care coordination.
- We rely on a highly-trained team of qualified physicians on staff, providing remote patient care.
- Our advanced technology capabilities allow us to integrate with hospitals and other healthcare facilities, seamlessly sharing data both ways.
- Our advanced Telehealth capabilities allow us to adapt quickly under changing patient circumstances, offering better patient care, and allowing hospitals, ACOs and IPAs to focus on what they do best.
eDoc’s Advantages to Reduce Readmissions
eDoc brings forth a unique set of staff and technological support mechanisms to take on patient monitoring and tele-health care coordination from the moment they are discharged.
At the core of our purpose, eDoc supports hospitals, ACOs and IPAs to generate more revenue through improved beneficiary outcomes and reduced instances of avoidable care issues, which in turn increase quality scores and reduce penalties due to patient readmissions.
Historically, hospitals have been receiving severe financial penalties if their observed readmissions exceeded a set national standard. Our eDoc service is both a proactive and remedial method to ensure hospitals, ACOs and IPAs can protect their precious reimbursement funds.