How Remote Care Is the Future Face of Healthcare

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Early indicators with our model of fee for service changing, we know that the only way to deliver care efficiently is to do so remotely with a limited number of providers so that we can make them as efficient as possible, centralize their services and even deploy lower cost providers into those home settings where possible.

We are not dramatically changing the approach to acute care, but what we're doing is reducing the need for unnecessary acute-care and as a result, quality actually goes up, the patient is happier at home, we know that there are risks when you get back into the hospital from an infection perspective among other things, you could literally when statistic start to come out from and you know the true emergence of remote care or virtual care, I'm pretty confident we are going to see quality indicators going up across the board.

From the perspective of remote care on the antropedic technologies that we are in place within those environments, now we can dramatically change this so that patients can actually take a kit home themselves, it can be shipped to them, no one needs to go in to the home instead of that again, ever again.

We are the first to bring that to market. So they take home a little suitcase, they flip the switch and turn it on, the tab is on, it's all wireless from that point forward. In this health care market, the most complex thing to accomplish is to have all providers communicating together, communicating in a way that is meaningful, and that's the reason I think we're seeing a dramatic shift of the sigh load healthcare of EMRs into now, how do we all look together, how do we have coordinated care, we're all communicating towards the same goal of a patient-centered life and care.

When you're dealing with complex technologies and the flow of data, you need to ensure that the patient is aware of those issues but also quite simply giving a mechanism which they can sign in securely and ensure that the data is not floating freely across communication, it's encrypted, never stored on a device when it is stored somewhere, it's behind a significant firewall, and it's also encrypted inside of a database which is centrally stored.

Consumer electronics are a great way to apply new technologies to lower costs and created in a way so that anybody of any age can use them, and so that's a piece of it, on the back end it's cloud based services. So now you have tools that can be accessible from anywhere in the cloud, virtualize your care delivery model, so you can have clinical resources that could be in a physical setting or dispersed across a virtual type of call center model.

What's happening is in miniaturization of technologies, and you can take things like the lab and ultimately you are going to see the prick your finger at home and lab is processed in through your smartphone, and well you've already seen some of the radiology components as well, the sonograms and so forth that are capable from a consumer electronic type device.