New Wireless Strategies Set to Drive Down Health Care Costs
The face of medical care in the United States is rapidly changing, and, for health care providers, achieving profitability now depends on managing costs - as opposed to the insurance-driven cost pass through model of days past. Policy changes penalizing health care providers who do not manage costs have been implemented. As a result, health care organizations are seeking ways to reduce physical hospital visits made by patients. A reduction in non-emergent, non-critical hospital visits would result in less costs being borne by the health care provider – costs that are steadily eroding their profitability. Reducing the cost of patient care by keeping patients that can be cared for remotely out of hospitals is a very attractive idea, and ConnectedHealth, a provider of health monitoring connectivity solutions, believes that wireless monitoring holds great potential as a patient care solution that will help to drive down costs and improve profit margins for health care providers.