Tag Archives: Medvoy

The Need for Evidence Based Referrals

Evidence based referrals, part of the growing transparency trend in healthcare, provides data on clinical outcomes for procedures before a referral has been made in order to pair the patient with the best possible physician, based on the data for that procedure. Research shows that for many procedures, high volume hospitals tend to have better outcomes due to the enhanced skills through repetition of procedures, essentially a “practice makes perfect effect, while also having the system wide support through, capable clinical teams, adherence to best practices, sophisticated equipment, and the enhanced abilities of auxiliary medical personnel. These factors combined produce positive resulting in order for patients to expect the safest possible surgery at hospitals with low mortality rates and high rates of adherence to clinical practices known to improve surgical outcomes.

Evidence shows that if patients seeking specific high-risk surgeries or treatments would chose high-volume hospitals for their care, this could save more than 4,000 lives annually. However, due to the lack of data currently available today and interoperability issues in EHRs, evidence based referrals are not widespread.

MedVoy’s evidence based referral workflow has the ability to incorporate any evidence based metrics into its referral process thus making sure that the patients are referred to the right facility with the better processes, and positive outcomes.

hospital volume and outcomes

source http://www.academyhealth.org/Training/content.cfm?ItemNumber=1691

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Healthcare Transparency – Call to Action

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.


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MedVoy – one among the top three finalist of the Healthcare Unbound Conference Startup of the Year Award


MedVoy has been chosen as one of the top three  finalists of the Healthcare Unbound Conference Startup of the Year Award. Medvoy will have the opportunity to  present for about 7 minutes at the conference on day one July 11th from 4:15 to 6:00 pm. The judges and the audience will have the opportunity to ask questions of the finalists. Feel free to come see us presenting at the Tenth Annual Healthcare Unbound Conference and Exhibition

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MedVoy Launch Video at Health2.0

See MedVoy’s recent launch of their referral management software at the Health 2.0 Conference.  The Health 2.0 Conference selected MedVoy RajJoseph-210x145because of how it is transforming the current referral paradigm from an onerous paper shuffling process to an interactive patient portal that can integrate with existing EHR systems and that facilities continuum of care. 


Watch the video of the launch at the Health 2.0 Conference!

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Medvoy Live at Health 2.0

MedVoy is selected one among the few in the nation to launch the platform as part of the famous Launch! session in the upcoming Health2.0 conference.

Launch! is a series of rapid-fire, back-to-back, 3.5 minute demos from new, buzz-worthy companies making their debut at Health 2.0. At the end, the audience will vote on a winner who will be invited to demo on the 2014 main-stage in San Francisco. Since it’s inception in 2008, Launch! has introduced over 45 new companies and products, including Unity Medical, Remedy Ventures, TheCarrot, and the WSJ’s 2010 top (and not just in health!) start-up company, Castlight Health.

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Health 2.0 Conference Trends

Health 2.0 Conference Trends

Last week, MedVoy was one of a handful of companies selected to launch at the Health 2.0 Conference in the Silicon Valley.  The Health 2.0 Conference focuses on showcasing cutting-edge innovation that’s transforming health and health care, which is why MedVoy referral management platform was selected – as it transforms the referral process from being an onerous paper shuffling process to an interactive patient portal that can integrate with existing EHR systems.

Some emerging trends from the Health 2.0 Conference:

Technology empowers patients

Using patient self assessment tools, consumer can now utilize technology to take health care into their own hands, such Smartphone apps and devices to track such things as, exercise levels, monitor blood samples, medication adherence, biometric devices, and yes, even breathing.  These types of transformative technology can be utilized to bring about long term behavior changes to improve overall health

Healthcare Reform Guidelines

The Affordable Care Act has some crucial stipulations, such as the transformation to Electronic Health Records (EHR) and the convoluted “meaningful use guidelines.”  MedVoy helps with meaningful use by offering a lightweight patient portal that is using with the existing EHR.  Another topic was the paradigm shift from the existing reactionary patient-doctor model to a proactive model with improvements to preventive care and early detection of health problems which is helping to drive a cornucopia of consumer devices.

Big Data is bigger than ever!

Big Data continues to dominate the discussions at the conference, with the increased use of technology, consumer devices, EHR, biometrics, human genome mapping, information exchanges, pricing transparency, etc, – there is now, more than ever data that ever which is an exciting time for data scientists and analysts.  The key will be to integrate the data and leverage the right tools in order to bring about the transformative change that is possible with this data and to improve long term healthcare outcomes.   Talk to one of our experts today if you need help with making sense of your big data.

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Chat with MedVoy

The MedVoy website now has chat functionality enabled. Patients can now chat in real time with an expert which allows patients’ questions to be answered immediately and to deliver high quality customer service.

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How to make money investing in the medical travel industry

By now, you’ve heard all the hype about the potential growth of the medical travel industry and how US patients are fleeing the country to get affordable care. Unfortunately, the experts agree, that there are few reliable statistics about the size and growth of the market, there are no common definitions of a medical traveler, comparisons of revenues and costs are hard to make, and there remain persistent, nagging barriers to widespread adoption by patients, payers and physicians.

That said, investors are still clinging to the promise of big returns fueled by patients losing their health benefits because of high unemployment, the aging population requiring more units of care and exploding costs of healthcare. If you think the medical travel industry is set to explode, there are some areas of investment to consider:

Foreign Healthcare infrastructure

  • Hospitals and systems
    Ambulatory surgery centers
    Clinical labs and imaging centers
    Disease specific treatment facilities like cancer centers, stem cell centers, etc
  • Foreign Travel and hospitality infrastructure

  • Hotels and Surgical Hotels
    Airport development

  • Tools and support companies

  • Players in global healthcare information exchange
    Data analytics and business intelligence
    Quality, price and value determinations
    Companies offering alternative pricing mechanisms

  • Supporting global healthcare insurance and travel products

  • Trip cancellation
    Follow up care
    Emergency evacuation
    Professional liability
    Infectious disease management
    Geopolitical risk insurance
  • Firms in the medical travel supply chain

  • Travel medicine clinics
    Medical travel facilitators and specialty travel agents
    Medical concierge ground operators
    Currency exchange risk managers

  • Expatriate retirement health cities and communities

    Like other industry sectors, gold, for example, you can invest in the product itself, the people who create the product, or investments that pools risks, like mutual funds or exchange traded funds.

    Look for companies in markets where the supply of care does not meet the demands of a growing middle class, that provide products and services delivering low, cost high volume care, and that provide platforms and infrastructure designed to reduce transaction costs for billing and collecting and value-based information.

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    SURGICAL HOTELS: An Emerging Opportunity

    With more and more patients seeking care away from home, there is an opportunity for the hotel and hospitality industry to offer customized services to patients recovering from surgery and treatments and their companions. Neither a hospital nor a hotel, a surgical hotel is a place designed to provide a level of care below that required in a hospital, but yet accommodates the healing needs of patients in a comfortable environment.

    So, what does a surgical hotel offer?

    How does a hotel providing services to a postoperative patients and their companions provide value and differentiate themselves?

    A surgical hotel, part hospital-part hotel, would offer the following:

    1. location convenient to healthcare facilities
    2. transportation to facilities/airport/other
    3. availability of emergency medical care
    4. amenities
    5. sensitivity to the needs of specific postop patients; connected rooms.
    6. things to do for companions
    7. information and communication technology links with providers
    8. alternative/complementary services for postop patient
    9. security
    10. privacy/confidentiality in check in and exits
    11. disability accommodations in architecture, transportation vehicles
    12. medical concierge
    13. accommodate in-room stay by nurse or companion
    14. availability of equipment to take vital signs by medical professional
    15. availability of wound management supplies
    16. online medical education and postop care resources
    17. nutrition counselor, special dietary restrictions
    18. evacuation preferences
    19. brand awareness and snob appeal
    20. new design for bedding and furniture?
    21. allergy free environment
    22. medication reminder system (part of automatic wake-up call system?)
    23. mini-kitchen facilities
    24. real time patient feedback and request system
    25. panic button
    26. prevention of nosocomial (need a new word for hotel acquired) infections
    27. modified housekeeping schedule
    28. separate parking a minimal distance to room
    29. wheelchair management
    30. quiet
    31. bathroom amenities (antibacterial soap, hand lotion, etc)
    32. antibacterial surfaces on furniture
    33. billing and collecting interface with medical insurance ?
    34. disposable cell phones for companions
    35. pet accommodations?

    The global medical travel industry in rapidly growing and expected to reach $1B by 2012. Developers and the hospitality industry have an opportunity to participate and profit by offering differentiated, value added services to patients and their family members and companions that accompany them for care away from home.

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    Smile Makeover

    Smile Makeovers

    You may have heard the term “smile makeover” or “smile design” recently, but what exactly does that mean?
    A smile makeover uses a variety of cosmetic dentistry techniques to achieve that elusive perfect smile that we see on the likes of celebrity and models. The techniques would vary depending on what you need – be it missing teeth, broken or deformed teeth, tooth discoloration and more. Some of the following techniques could include:
    Dental Implants

    Dental implants replace any missing teeth. The implant base is fused into the jaw and then a natural looking crown is fitted on top. Crowns and bridges are often placed on top of dental implants.

    Teeth Whitening

    Age, illness and lifestyle choices (such a drinking coffee/ tea / red wine) can stain your teeth over time. Teeth whitening will lighten your teeth to your desired color

    Porcelain Veneers

    Porcelain veneers are paper-thin, custom made porcelain shells that are bonded onto the front and side surfaces of your tooth

    Inlays and Onlays
    Usually made of porcelain, inlays and onlays are matched to your tooth color to provide a durable and stain resistant surface

    Cosmetic Re-contouring

    Cosmetic re-contouring reshapes the gumline and may lengthen or improve the look of teeth that appear smaller due to gum tissue overgrowth.

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