The Only IoT Healthcare Business in the U.S.

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The Affordable Care Act (ACA) changes how Physicians and Providers Practice Medicine

The Affordable Care Act (ACA) has expanded the pool of patients for medical practices across the U.S. The majority of the additional patient population is due to state Medicaid expansion. In addition, Medicare has reduced reimbursement for patient care. Currently, Medicare reimburses hospitals and doctors, on average 71 and 81 per cent, respectively, of private rates. Medicaid reimburses doctors even less, on average 56 per cent of private rates.

Passage of the Affordable Care Act (ACA) expanded the number of patient with health insurance who demanded greater access to care providers and services. Increasing patient populations along with the ever‐growing physician shortage has created a situation where providers are required to do more even with increasing regulataions, lower reimbursements, and increased risks.

The physician shortage is changing who providers of care within practices. Although the physician is still the core provider of medical care for patients, there is an increasing number of care providers engaging patients in the U.S. healthcare system, e.g. Nurse Practitioner (NP), Physician Assistant (PA), Medical Assistant (MA), Nurse (RN), etc.

Extending the number of care providers has occurred for two basic reasons:

  1. Physician shortage
  2. Management of cost

HCS creates a new value proposition for physicians and providers

There has been a huge surge in the use of new and emerging technologies in health. Historically, new advancements in healthcare have increased cost. The promise of many of these new and emerging technologies is to finally reduce costs in healthcare. The health market is now pushing to adopt these new technologies.

HCS understands and appreciates the burden of implementing new technologies. Our team will assist in the all importance task of integrating these technologies into healthcare staff workflows, reducing workloads while improving patient care and quality outcomes.

HCS Provider Services balances the task vs technology of delivering healthcare with a practice by:

  • Leverage the investments made in technology and workforce assets to design and deploy an Integrated Technology Program to include legacy systems, EHR/EMR, communication tools, and care technologies
  • Establishing standardized models for broadband wireless configurations to support current and future technologies, workflows, and care paths to provide the ability to adapt to changing regulations and emerging technologies
  • Establishing a foundation for addressing future regulatory changes directed at penalizing physicians, e.g. PQRS, and new and changing reimbursements in their service areas to maximize reimbursement

HCS introduces innovations in patient care that will far exceed current practice models in the healthcare industry, changing the physician patient relationship in a significant way, and will include:

  • Integrating TV technologies for the first time into the care path to empower patients with reminders, notifications and education assisting them in self‐care
  • Providing data analysis via analytics that combines clinical care and behavioral health
  • Application of Artificial Intelligence (AI) to practice and patient management

Value Based Outcomes

  • Efficient workforce and a staff that gets to what it does best: Caring For Patients
  • Enhances innovator reputation
  • Improves patient experience
  • Improves performance
  • Provides a platform for future innovation
  • Increases service lines
  • Maximizes reimbursements
  • Reduces risk

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