Innovator Health is working with one rural Arkansas hospital, the Great River Medical Center, to increase revenue (by $1.6 million/year) and deliver better care to patients.
Telemedicine and telehealth technology are already having an impact on health care, but many providers struggle to see the benefits.
Often it is a cultural struggle – leadership doesn’t provide enough support to the initiative or physicians are reluctant to change even if it is a benefit to patients.
Other times, it may be a problem with the technology. Not all telemedicine systems are created equal, and without the right technology the solution may become an impediment, rather than building the relationship between the patient and doctor.
Hospital to hospital transfers are a significant source of growth and revenue for many health systems.
It is estimated that an average of 3.5% of all hospital inpatient admissions come from interhospital transfers, with larger facilities having a significantly higher proportion of transfers accounting for their total admissions.
However, the interfacility transfer is still a fragmented process that can lead to medical errors and even death. Finding safer ways to receive transfers from other hospitals can improve patient care, decrease costs and increase patient and physician satisfaction.