Leveraging telemedicine to profitable practice helps in enhancing patient retention, increasing revenue, and delighting your office staff. The advantages can be quickly gained through the option of telemedicine. 

Powerful financial incentives for the providers and intense consumer requirements for the service are the two critical things that drive the sharp spike in the field of telemedicine technology. 

Both private payers and legislatures are allowing the arise of telemedicine by representing parity laws and policies in telehealth. They identify the requirements to expand access to care while leveraging healthcare resources effectively.

How do make use of telemedicine to improve profitability?

There are many reasons to list why influencing telemedicine can bring more profit to you. In this blog, let's check out a few steps that can be used for influencing telemedicine into a more profitable practice.

Hold your current patients and amuse them:

There are numerous healthcare options available than before for the patients to choose from. There are a different number of urgent care facilities, retail-based walk-in clinics, and thousands of online opportunities. These variations to in-office care are prominent with patients, especially for regular issues like flu, skin conditions, other ailments, colds, UTIs, and more as they are inexpensive, quick, and convenient. The practices which provide video visits provide the patient with the essential benefits of seeing their routine provider, with the added convenience that telemedicine brings. 

Decrease No-Shows and Cancellations: 

Practice profitability is hard when any of the appointments are missed. They are also bad when considering the outcomes of patient health. A good number of the reasons why people cancel or show up at the last minute are withdrawn by telemedicine. Patients need not consider taking time off work, transportation, or arranging for childcare. 

Grab good patient outcomes: 

It's easy for patients to follow up on the next visit through the recommendation process in telemedicine. They are an accurate tool for lifestyle coaching, post-hospitalization care, and medication management. Compliance and increased patient management system lead to smaller unnecessary complications as well as help in better case management. 

Make a profit with telephone calls:

Most of the payers do not compensate for the provider's telephone but rather only follow-up calls. Few conversations like medication checks and reviewing test results will not be paid if it's done over the phone. Most of the exchanges become counterpoised by adding videos. Making use of the video also makes these relevant encounters and make them understandable to the patients. 

See More patients: 

In-office care is not much effective when compared with online visits using telemedicine. Practices that influence video will see several patients every day with identical providers. Most countries and states need insurers to compensate providers for visiting telehealth at an equal rate similar to in-office care. It's also recognized that most of the insurers follow this set of rules in the states that do not need it. It indicates that most of the visits are performed every day or week, and this can have a substantial impact on the profit and revenue along with the added cost. 

Enjoy an excellent Life Balance/Work:

May practices that provide visits through video find that the reliability it offers has a full impact on well being of the provider. Few of them prefer to move some appointments to the weekend or work from home for a few hours. The providers are provided a chance of enjoyment to take care of their tasks during the workweek, and the patients also appreciate the prospect to get attention outside of regular hours in the business. There is no extra office expense if there are hours extended or else the visit can happen from anywhere. 

Boost employee satisfaction:

Video visits are mostly preferred by medical office workers as they make the office run flexibly and smoothly. They also alleviate a few administrative works by making every patient come to their office. The waiting rooms are quieted and less crowded with fewer patients in the office, and there is not much risk of grabbing the illness from the already present patients. This extra time provides extra office staff to work on the practices and strategies at work. The team also gets an advantage when the practice is growing or gaining more profit. 

Video technology can be the best game-changer in the coming years, which implementing an efficient program. Office workers, providers, and patients all win when the practice of telemedicine is thoughtfully applied with the right education and technology.

For More Information Visit MocDoc Digital Healthcare Solutions.

 COVID-19 Update:

Message to our MocDoc Community,

Like you, we are also following the updates about COVID-19 with the concern of the national well-being, Our thoughts are with those who have been impacted by the virus and we wish them a full and speedy recovery.

As concerns on the recent outbreak of COVID-19, we're reaching out with a brief update to let you know how MocDoc is planning and preparing to provide uninterrupted support and service to our clients during this time.

Thank you for your understanding and for supporting us during this period. Stay safe and look out for those around you.

We are in this together, we will overcome it together!

On behalf of everyone at MocDoc,

Senthil
Founder & CEO,
MocDoc, a product of Yro Systems Pvt Ltd.

As new technologies and innovations arise, technological strides in the medical and healthcare industry increase in pace as well. The emergence of digital healthcare solutions has enabled hospitals, clinics, and other healthcare facilities to greatly enhance the delivery of medical services and products to their patients.

From aiding medical professionals in detecting serious diseases at its earliest stage to reducing medical errors to collaborating on a medical case, digital healthcare software solutions have allowed for these and more. Looking from a business perspective, digital healthcare systems help users improve their profitability exponentially, thus driving their business growth.

If those are not valid reasons for your company to go digital, then the following points will definitely convince you.

7 Reasons Your Company Should Use Digital Healthcare Solution

1. Centralize Information for Better Management, Storage, and Access

2. Create and Implement Personalized Journeys for Patients

3. Share Patient Information Easily across Multiple  Platforms

4. Facilitate Continuity of Patient Care

5. Simplify and Increase Patient Bookings

6. Fuel Medical Research and Development

7. Empower Patients to Live a Healthier Lifestyle

1. Centralize Patient Information For Better Management, Storage, and Access

One of the most obvious benefits that stem from deploying a digital medical healthcare software is the centralization of patient information. Patient records, medical bulletins, patient medical histories, doctors’ instructions, progress reports - all the information contained in these documents are critical to the success of a patient’s medical treatment and outcome.

Manual entry of patient information takes time and can be prone to errors which some of the common small business problems. The storage of paper-based files requires resources and takes up physical space. Traditionally, accessing a patient’s files in the old days means browsing through file cabinets and checking each folder individually, which also takes time. 

A digital healthcare solution streamlines the process of logging and categorizing of patient information while significantly reducing errors. It makes information access seamless and smooth. This is now an imperative as all medical professionals tasked to care for a patient requires immediate and reliable access to the patient’s data, be it doctors, nurses, therapists, dietitians.

Digital healthcare software ensures that they can access patient information in real-time using their desktop online or their mobile device. Access can be configured for added security, granting access to only those who are directly involved in patient care.

2. Create and Implement Personalized Journeys for Patients

As digital healthcare software solutions make it easy for medical professionals to centralize and access a patient’s data, the pains that often come with creating and executing personalized care plans are significantly reduced.

A study on the systematic delivery of healthcare services revealed that the utilization of standardized consultation templates is among the leading effective digital healthcare trends in creating personalized medical care plans for patients. Separate research on the full implementation of digital technology in healthcare cited numerous benefits, including the use of AI and robotics to support the patient in rehabilitation and recovery.

Access to prescriptions, allergies, medical history, and more are essential in helping medical professionals understand the needs of their patients and devise a personalized journey that guarantees the best experience possible and the desired results almost predictable.

3. Share Patient Information Easily Across Multiple Platforms

Digital healthcare software helps accelerate the sharing of patient information with other doctors and other healthcare professionals. This is crucial in a number of scenarios, such as handling critical cases that require insights and expert medical opinions from external parties or when an EMS or ambulance crew needs to provide ER teams with sufficient information prior to receiving the patient.

Sharing patient information no longer requires handling and receiving of actual patient files. A digital healthcare solution lets users share and receive files online via desktops, laptops, and mobile devices. Transmission of files is a breeze and can be done in a few clicks, saving users valuable time.

4. Facilitate Continuity of Patient Care

Electronic health records (EHR) play a crucial role in the continuity of patient care. Having all the patient’s information in a single, accessible page makes it easy for healthcare providers to keep themselves updated with the patient’s status.

Being able to retrieve and review files, scans, prescriptions, diet plans, and notes from other professionals allow users to make the necessary changes to the patient’s care plan if and when necessary. Direct coordination with laboratories, therapists, and other healthcare workers becomes more seamless and productive, resulting in the best medical journey possible for patients.

5. Simplify and Increase Patient Bookings

More patients mean more income coming into your hospital or clinic, which is crucial in a growing business. Doctors who run a private practice need patients to remain significant, competitive, and, most importantly, operational. Patients coming in for appointments represent a huge slice of your revenue pie.

With digital healthcare software, you can make the booking process convenient for your patients. Most healthcare systems come with customizable scheduling tools that help you create client-facing scheduling applications.

You can show your patients your work calendar with preferred time slots for the week or the month. The availability of your time slots is updated in real-time whenever someone has successfully booked an appointment. This ensures your patients pick a schedule that is both convenient for them and you. This feature prevents instances of double booking and decreases no shows.

6. Fuel Medical Research and Development

A patient's data, no matter how insignificant it may seem, can be instrumental in the future. The advances made in the medical field, some of them very recent, are fueled with data gathered from all over the world.

A study on linking healthcare and clinical research in 2018 enumerated several benefits of modern digital healthcare systems in terms of improving the research process and the output. The study, published by The International Journal of Medical Informatics, pointed out that medical data collected from healthcare solutions are better in terms of quality and accuracy. It also takes redundant data documentation out of the picture.

With digital healthcare systems, along with other technologies, patient information is now easily collected, collated, verified, and utilized for research and development of new drugs and treatments to further improve human health and well-being.

Hopefully, with all the patient information gathered from different sources, the medical world can discover effective medicine to combat and end serious illnesses that plague mankind. And ultimately, prevent large-scale epidemics like the Black Death and the Yemen Cholera Outbreak from happening ever again.

7. Empower Patients To Live A Healthier Lifestyle

For most patients, if not all, waiting for their diagnosis and test results can be a confusing aggravating, and frustrating experience. Baroness Blackwood of North Oxford highlighted in her speech in an AI technology festival that the deployment and utilization of digital technology, particularly AI, in the healthcare industry, can help provide better outcomes for patients by not only speeding up their diagnosis but also giving them more accurate results.

Digital healthcare software facilitates smooth and frictionless communication between healthcare professionals/providers and their patients. This feature enables doctors, therapists, and other healthcare workers to work closely with their patients and give them insights into their health on a very personal level. Being able to do so, you can empower your patients to make the right choices and plan for a long life that they can enjoy to the fullest.

The Future Of Healthcare Is Anchored On Digital Technology

According to a September 2018 report on digital systems in healthcare by the United Kingdom’s National Health Service (NHS), hospitals, clinics, and other digital healthcare companies are continuously looking for ways to digitize their processes, and that absolute digitalization can be achieved by the majority of NHS organizations by 2023.

The deployment of digital technology in the medical and healthcare industry is not just limited to the United Kingdom. It is happening all over the world. Many hospitals, clinics, pharmaceuticals, and other healthcare establishments are making the transition to a totally digital model of operation and business.

It is no longer a question of “when” will the future arrive. The future is here already. And your company will be left in the dust of your competition if you’re not making the move to adapt to the changing times. 

The healthcare industry has started to see considerable changes in the past few years. From cancer and chronic diseases to risk assessment and radiology, there are multiple opportunities to influence technology. It is used to implement more effective, impactful, and precise interferences at the right moment in taking care of the patients.

Artificial Intelligence acts as the central aspect, which drives enhancement across patient care. AI provides many advantages over other clinical decision-making techniques and traditional analytics. Getting to know algorithms can become more accurate and precise. It is because they allow humans to gain insights into diagnostics, and interact with training data, treatment variability, care processes, and patient outcomes.

8 Ways AI Impacts Healthcare:

Proceed below to find out some practical ways in which AI changes the healthcare industry.

1. Integrating Machine and Mind using Brain-Computer medium:

Utilizing systems to collaborate is not a unique idea. However making direct communication between humans and technology without any requirements for monitors, mice, and keyboards is considered to be an essential area of research with a significant application for several patients.

Trauma and Neurological diseases to the nervous system may take away the abilities of patients like moving, interacting, and speaking meaningfully with the surroundings of people. BCIs (Brain-Computer mediums backed by AI can restore the primary experiences.

It's easy to decode the activities of the neural system affiliated with the purposive moment of one by utilizing AI and BCI. We can enable the person to collaborate the same way as different people work four to five times across the morning course. The communications are processed with the phone, computer, tablet, or using other universal communication technology. The medium of Brain-Computer helps to increase the quality of patient life with locked-in syndrome, strokes, ALS, spinal cord injuries, and more.

2. Producing the next generation of tools in Radiology:

The images of Radiology acquired by X-rays, CT scanners, and MRI machines provide non-intrusive reflectivity into the human body's inner workings. But many processes in diagnosing depend on the biopsies' physical tissue samples, which carry a risk that includes the infection potential.

According to experts, AI helps the next generation of tools in Radiology that are detailed and accurate to rebuild the requirements for tissue samples. Providers also can target the treatments and define the cancer aggressiveness appropriately. AI helps to make use of virtual biopsies and progress the intuitive field of radiomics that deal with utilizing image-based algorithms to represent the tumors' genetic properties and phenotypes.

3. Extending access to care in developing or underserved regions:

The lack of professional healthcare providers like radiologists and ultrasound technicians can constrain access to critical care in developing nations across the globe. AI enables mitigating the cause of a severe deficit of professional clinical staff by handling different duties that are provided to humans.

4. Decreasing the problems of using Electronic Health Records:

Electronic Health Record has a significant role in the industry of healthcare journey into digital recording. However, the switch comes with numerous issues affiliated with user burnout, endless documentation, and cognitive overload. The developers of Electronic Medical Records are now making use of Artificial Intelligence to develop more new interfaces. It also automates several processes in a routine which consumes the user's time.

All users spend their time on three crucial processes, namely sorting through the right thing, order entry, and clinical documentation. Dictation and voice recognition help to enhance the process of clinical documents, but NLP (Natural Language Processing) tools are not suitable for it. AI also helps to take care of routine requests like result notifications, and medication refills from the inbox. It also enables to make use of the tasks that severely need the attention of the client.

5. Comprising the Antibiotic Resistance risks:

Antibiotic Resistance is a threat that grows huge across the globe due to the overuse of drugs. Multi-drug resistance organisms can make a massive change in the hospital setting and also claim various numbers of lives every year.

Electronic Health Record information can help in highlighting the patient's problems and identifying the patterns in infection before they develop to show symptoms. Influencing AI and machine learning tools to drive all these analytics can create more accurate, faster alerts, and also improve their accuracy for healthcare providers.

6. Make accurate analytics for Pathology images:

According to Jeffrey Golden, Professor of Pathology at HMS and MD, Chair of the Pathology Department at BWH and Pathologist acts as the crucial diagnostic data source for providers across the care delivery spectrum.

70% of all healthcare decisions depend on the pathology results. AI also enhances productivity by finding out the features of interest in slides. AI is capable of screening through the slides and then directed to the right path to look, so it's easy to assess what is significant. It helps to enhance the effectiveness of the pathologist's use and improve the time value they spend on every case.

7. Admitting Intelligence to Machines and Medical Devices:

Smart devices provide everything from the refrigerator to real-time video to cars, which can detect when the driver gets distracted. Smart devices are essential for taking care of the patients in the ICU.

Artificial Intelligence helps to improve the ability to suggest Sepsis, identify degradation, and sense the complication development. The reason is that it can enhance the outcome significantly. It also decreases the cost related to penalties in clinic-obtained conditions. Making use of intelligent algorithms in smart devices can reduce problems for physicians and doctors while making sure that patients receive care at the right time possible.

8. Progress Immunotherapy usage for the treatment of cancer:

Immunotherapy is considered to be the critical avenue for cancer treatment. The therapy makes use of the immune system in the body to attack malice. In this case, patients can beat difficult tumors. The fact is that fewer patients get the advantage of immunotherapy. Oncologists do not have a reliable and precise method for recognizing which patient can gain with this immunotherapy. The algorithms of Machine learning and their ability to utilize different datasets illuminate unique options for exploiting therapies for a single genetic makeup.

Bottom Line:

Apart from the above impacts, there are several factors like

· Utilizing EHR as a precision risk predictor,

· Taking care of the patient's health through personal devices and wearable,

· Turning smartphone selfies into a robust and useful diagnostic tool,

· Making clinical decisions using AI is one of them that can change the healthcare industry.