Study Underway at Three Facilities to Determine Impact on Reducing Avoidable Hospitalizations.
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WHAT WE ARE EXCITED ABOUT
TripleCare Selected for CMS Telemedicine Study at Three Skilled Nursing Facilities
TripleCare has been selected to participate in a CMS study evaluating the cost effectiveness of telemedicine at skilled nursing facilities (SNFs).
The one-year study, currently underway at three Florida SNFs, will assess the benefits of [TripleCare’s] telemedicine-based virtual physician services in preventing both avoidable nursing-home-to-hospital admissions and readmissions as well as evaluate the economic impact on Medicare, Medicaid and the participating facilities.
The study is led and managed by The TRECS Institute, a non-profit organization dedicated to improving care for seniors while decreasing healthcare costs.
It is interesting to note that in a recent separate TRECS study during which TripleCare provided virtual physician services, both a dramatic improvement in the quality of patient care delivered as well as a significant financial benefit were reported: 91 instances of hospital admissions/readmissions were averted, resulting in more than $1.3 million in savings for Medicare. Additionally, results revealed positive increases in net revenue for the study facility, which significantly exceeded the cost of TripleCare’s services, thereby improving both top- and bottom-line financial performance for the SNF.
To learn more about TripleCare's telemedicine solution, please visit our website here.
Mary Jo Gorman, MD, MBA
Interim Chief Executive Officer
Curavi Health 2100 Wharton Street Suite 510 Pittsburgh Pennsylvania 15203 United States
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