A recent Fast Company article, Why We Need Health-Care Business Innovation More Than Ever, lambasted the current flow of information in the current healthcare system paradigm and expressed a call to action for “transparent business models and processes need to be established to enable collaboration.”
Some disturbing facts from this article:
- Three out of every 10 tests are reordered because results cannot be found.
- Patient charts cannot be found on 30% of visits.
- One-fifth of medical errors are due to the lack of immediate access to patient information.
- Thirty to forty percent of the money we spend on health care–more than half a trillion dollars a year–is spent on costs associated with “overuse, underuse, misuse, duplication, system failures, unnecessary repetition, poor communication and inefficiency.”
MedVoy was designed to address precisely these issues with transparency and collaboration. By improving the referral workflow, doctors have immediate access to patient records – eliminating the duplication of procedures, improving efficiency and improving the continuum of care.