HOSPITALS

Hospitals optimize capacity by telemonitoring Heart Failure patients in an outpatient setting which opens-up beds for higher DRG patients. Hospitals can use telehealth to focus on reducing unnecessary 30-day HF readmissions which may impact your reimbursement.

Cardiocom’s hospital based clients range from a 47-site national hospital chain with $4+ billion in revenues and 10,000 physicians to smaller single sites with less than 350 beds. Cardiocom is the clear leader in hospital based telehealth services. The Cardiocom System is used by many of the top 100 Cardiovascular Hospital groups because it is the most comprehensive, yet cost effective telehealth solution available today.

Hospitals nationwide have seen significant reductions in unreimbursed medical costs with the use of the Cardiocom System. Even in small HF patient populations, dramatic savings have been shown after using the System. For example, in the year before using the Cardiocom System at St. John’s Hospital, 34 of the Hospital’s HF patients incurred a total of $883,592 in medical bills. In the year since using the System, the patients’ medical bills dropped to $355,390, a decrease of more than 50% which helped reduce variable, unreimbursed expenses

Cardiocom can:

• Decrease readmission rates and associated reimbursement
• Improve quality of care
• Reduce DRG losses and open-up ICU/CCU beds for higher DRG
  revenue opportunities
• Reduce prepaid or capitated Managed Care Organization admissions
• Optimize nursing resources