Controversial and divisive, our healthcare system currently churns through momentous change.  In spite of the evolving governmental measures, I draw your attention to the shift towards wellness-based medicine. Instead of a system that measures value by cold hard figures, an emphasis arises on quality of care and patient experience. The key result of this overturn is the renewed importance of patient data. Beyond blood pressure and prescription dosage, wellness based medicine strives to capture the patient’s voice and provides a holistic profile to fully inform everyone charged with the patient’s case. Such a structure goes part and parcel with the thoughts of Time magazine journalist Steven Brill who “illustrated…[that] it would certainly be nice if care were better coordinated across functional specialties[1].”

In the midst of a universal refresh of a broken system, I turn to the doctors, administrators and pharmaceutical providers to etch out the challenges that need urgent care.  While all parties agree that on a cleaner user experience, doctors and administrators and pharmaceutical providers respectively identify key pain points that slather their workflow in red tape.

Doctors

Advance Patient KnowledgeAs doctors can care for up to 80 patients per day, they cannot ascertain the needs of the patient if they must rifle through chart notes or patient registration forms.

Administrators

Streamlined & Efficient Onboarding – A jumble of patient intake and registration forms slow access to patient care. Patients may not have all requisite information on hand in urgent situations. Additional errors and delays arise from difficult handwriting.

Crippling Administrative Costs – An updated analysis from the New England Journal of Medicine “found that administration constituted some 30 % of U.S. health-care costs.[2]

Risk Management for Pharmaceutical Industry– The suppliers of life-saving medicines face exceptional liability when trailing new drugs on volunteers. It only takes one mishandled paper noting a specific allergy that spells potential legal action.

The solution for all these frustrations is already in motion. Electronic records and cloud-based digital transaction management (DTM) steadily appear in doctors’ offices nationwide. As DTM is accessible over mobile platforms, healthcare becomes wholly accessible for all parties as no one need stay in front of one computer to coordinate care. It’s the cleanest and most accessible platform that caters to the entire healthcare industry.

Substantial Reduction in Administrative Costs – DTM offers a 5% reduction, which is a major impact overall.

Increased ROI – Consider the cost of paperwork errors, such as a wrong prescription. The paper and associated labor may cost around $5, but errors inflate the cost to $120 due to wasted time and resources.

Ironclad Risk Management – Cloud-based workflows provide transparent and infallible workflow that can be accessed anywhere, anytime. Pharmaceutical researchers can continue innovating medicine without fear of legal ramifications from clinical trials or mishandled drug patents.

Better Informed Doctors– With DTM, patients can quickly jot down their needs on a tablet or smartphone and instantly transmit those notes to the doctor into the situation before they set foot in the clinic.

We’re at an exciting crossroads of possibility as we leverage digital transaction technologies to streamline our antiquated processes. This is measured improvement directly from your overwhelming demand for change.

Your voice powers the reforms and I invite you to join me at Momentum to learn how DTM drives success. In the meantime, dive into the ongoing conversations from these key thought leaders to enrich your own perspectives.

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[1] http://www.businessweek.com/articles/2013-04-10/the-reason-health-care-is-so-expensive-insurance-companies

[2] http://www.businessweek.com/articles/2013-04-10/the-reason-health-care-is-so-expensive-insurance-companies

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