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Market
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Problems
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VRI Solution
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Managed Care Organizations
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- Increasing healthcare costs without the ability to raise the end user’s rates.
- Industry heading towards pay for performance reimbursement method
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- Real time data enabling Care Managers to react quicker to incidents.
- Ability to improve case management efficiency
- Ability to help lower claims costs
- Ability to decrease re-hospitalizations of persons managing chronic diseases
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Assisted and Independent Living Facilities
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- Inability to manage chronic disease patients which leads to low occupancy rates
- Shortened length of stays
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- Low cost way of scaling nursing capabilities allowing more patients to age in place
- Ability to market service as a value-added benefit for choosing their facility
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Hospitals
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- Need to reduce rapid
re-hospitalizations
- Decreased
reimbursement from government and private insurers for rapid
re-hospitalizations
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- Real proven results to
reduce readmissions.
- Ability to scale staff
- Improve relationships
with insurers/government
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Care Givers
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- Need a better solution
to track and monitor loved ones illness
- Need data to better communicate
with doctor’s
- Unable to be there 24
hours a day 7 days a week in case of emergency
- Need to decrease
re-hospitalization
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- Online access to loved
ones data including graphs to share with doctors.
- 24 hour, 7 day a week
Care Center monitoring for exceptions to readings and getting help when
needed.
- Proven decrease in
re-admission rates
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