4 Tips for Physicians and Patients to Make Healthcare Better
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The following are four suggestions to address some of the obstacles in the medical field for both physicians and patients.
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Telehealth is Expected to Save over $6B in Annual Healthcare Costs
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Online doctor visits are going to skyrocket in the coming year according to a recent survey by the National Business Group on Health (NBGH). NBGH surveyed 140 large employers, 48% of them made telehealth options available to employees last year and 74% of them will offer it next year. According to consultant Towers Watson, telehealth is expected to save U.S. companies more than $6 billion a year in healthcare costs.
Read MoreTelehealth Will Become the New Healthcare
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When will the ongoing and burdensome conversation of health care cost reduction end? Well, that we don’t know. But, technology seems to have found us a pretty good band-aid for the status quo.
Read MoreWith ICD-10 Confidence still Low, Some Doctors are Thinking Retirement
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According to a recently conducted survey from the Texas Medical Association (TMA) of 936 respondents, ICD-10 preparation levels is currently quite dismal. If ICD-10 proves to be as financially disastrous as anticipated, physicians will be driven to retire earlier. Approximately 46% of physicians aged 61 or older are more likely to retire early in response to claims being denied due to ICD-10. While 34% of physicians aged 40 and younger are more likely to terminate or renegotiate plan contracts following ICD-10.
Read More5 Key Insights about Healthcare Data
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Complete and accurate healthcare data can lead to improved diagnoses and treatment. Unfortunately, nearly 80% of healthcare data remains locked in unstructured format, providing little to no value. Kyle Silvestro, CEO of SyTrue and recognized thought leader in data-driven healthcare, discussed significant insights about healthcare data.
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