The Forest and the Trees
STEPHEN KEELER | VP, Payer & Provider Sales]
Have you ever realized that you missed something big? It’s an awful, pit-in-the-stomach feeling. You make a sure bet, only to see too late that it was wrong, or at best nowhere near right. When I first graduated, the computer engineers who got jobs at places like Digital Equip. Corp. and Wang were thought to have made the best choice for a lifetime. Who knew?
Some did. A much loved and prescient professor was directing his best and brightest out west, to the pacific northwest of all places, and work with some dropout named Gates.
So what can a healthcare organization do to make sure it won’t be obsolete in just a few years, or worse, gone, over, it’s done, complete with the pain of layoffs and fire sales at auction? Where does one go to get that kind of training? I’ve not heard of great demand – or any supply for that matter – for educational courses on “Best Practices on your Path to Obsolescence.” Not a lot of CE credits for that one.
And who’s to say that planned obsolescence isn’t always a bad thing anyway? Better than involuntary obsolescence perhaps. And here’s the funny thing – we all know change is coming, right? At every conference, in every seminar, we all tell ourselves that “healthcare is transforming”, and “healthcare has to transform”! But will that be a good thing for me, for my organization, for my community? What will make it “good”?
Also, what if transformation is not a little thing taking years to happen, nibbling away at the margin, bothering you at worst like a fly on your nose when you sleep? Rather, am I prepared if transformation is that monster under the bed that will swallow me whole?
What, for example, does it mean if by 2020 50% of all healthcare will be delivered in the home? Not likely, you say. Well, what percentage would you consider likely enough to significantly change decisions you’ve made?
That is what healthcare transformation could look like, a huge shift in a short amount of time thanks to a perfect storm, that convergence of technology, data liquidity, operational capability and legal frameworks that in just a few years finds sure winners out of business and new start ups larger than ever.
What’s your average cost per encounter or incident? Is a large part of that cost driven by face-to-face interactions? By 2020 outcomes will be significantly improved and up to 2/3 of transactions will be virtual, saving time and money.
What’s your equivalent of the Pacific Northwest? Start taking advantage of these savings today.
Medocity, headquartered in Parsippany, New Jersey, is a recognized leader in comprehensive virtual care products and services including chronic condition management, televisits, and remote patient monitoring. Our unique, innovative technology combines multiple telehealth capabilities onto a single, integrated care coordination and management platform, along with robust clinical intelligence including rules-based algorithms, alerts and decision support tools to help drive earlier detection and proactive interventions.
The Medocity platform is specifically designed to enable and improve patient-centered care delivered outside the hospital setting, particularly for patients at home who have chronic conditions responsible for more than 80% of the nation’s annual healthcare spend. By promoting patient-clinician engagement through shared connectivity and virtual technology, we enable rich, real-time interactions between patients, clinicians, care professionals and support teams. Virtual care. Real outcomes.™