Tag Archives: physician to physician referral

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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Age old referral process

doctor referralThe rate at which physicians refer patients to another physician has doubled over a period of 1999 to 2009. This increasing rate is steady across all groups and is growing even when majority of the physicians who had ownership stakes are moving more into an employee role with hospital systems. However still the referral process has been stuck with age old processes such as paper, fax without the ability to gain or track any intelligence out of it. Even today, many companies are focused on sending referrals over an glorified fax over email mechanism versus taking a harder closer look at the process. Some technology organizations tend to do the back end analysis however that doesn’t work especially  majority of the physicians refer outside the system as the referral processes are complex and cumbersome to operate within an EMR or practice management system. Without simplifying the referral process with clinical integrations, no data that you mine will be of good. You will never know which one of these contributing factors are increasing your referrals outside the system and lead to referral leakages. Also in order to have a satisfied patient, all physicians who are involved in the referral chain needs to be constantly updated and have access to patient’s clinical data to provide a comprehensive care. If you want to know, how MedVoy is solving the age old referral process challenges, contact us now.


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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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Why EMRs and Health Exchanges doesnt solve physician to physician referral process ?

Healthcare Referral

Referral process

EMR is designed for point of care delivery and not to track care across providers and for referral management. Today there are many vendors supporting different processes at the facility level with lack of integration between different systems. So the referral process is still very disintegrated even when a referral is made out of an EMR system as the receiving end may not use the same EMR. This poses a big challenge in terms of having one view of the patients across the continuum and assess the financial , clinical and operational outcome of a referral. Also the health care exchanges doesn’t address the process issue and this poses another layer of complexity. Because of this, today we have different versions, softwares and exchanges for post care, ambulatory care, acute care etc and healthcare entities spend a ton of money to add these integrations. This is why MedVoy provides a centralized secure referral management process which not only connects to the back end clinical system but more importantly makes the referral process integrated so as to get a one shot view of the patient across the continuum and assess the outcomes associated with each referrals by the use of sophisticated business intelligence and analytics.


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Why you Need a Referral Management System with your EHR

medical-advice-lApproximately 60 percent of ambulatory providers are unsatisfied with their electronic health records (EHR), according to a new IDC Health Insights report.  The key complaints are usability and workflow; the paramount concern being lost productivity – 85 percent surveyed said that they were spending more time on documentation and 66 percent cited that they were seeing fewer patients.

Using a referral system, such as MedVoy can integrate with your existing EHR to help fill these gaps

Enhances Provider Communication

Healthcare relies on effective communication amongst the providers, specialist and staff.  MedVoy enables the ability to track and manage referrals – even across disparate EHRs and patient management systems.  A specialist can understand their cases before they see the patients – allowing them to use their limited patient time most efficiently.

Improved Documentation

MedVoy’s secure, HIPPA compliant platform has a very lightweight workflow and then uses push/pulls to other EHRs to allow access to all documentation in one place and to help avoid the duplication in procedures – eliminating the onerous data entry and documentation concerns.

Feedback Loops Aids with Continuum of Care

A current constraint with referrals is that they often fall into a “black hole”, where the referring providers do not know what happened with the patient.  Using MedVoy, the referring providers can easily look at the referral status, follow up notes, appointments and ongoing patient care.

 


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Referral Leakage – Increasing Issue Impacting Profits

referral leakage

Referral Leakage is lost revenue or volumes from patients being referred outside of your provider network – causing you to lose the referral dollars that you were expecting. Only 35-45% of referrals  for adult inpatient care, measured by revenue, go to a partner hospital and this issue is expounding due to lack of preferred tracking mechanisms, lack of cross-EMR integrations,  use of inefficient technologies, such as paper and fax, along with overall industry trends.

Referral leakage is a growing issue because the competition for referrals is increasing.  In the past 15 years, the number of specialist has nearly doubled, and  the advent of urgent cares and pharmacies has further diluted patient referrals.  Hospitals are also buying up private practices in droves and refer within their own network, which hurts the remaining private practice specialist.  Lastly, traditional networking, such as conferences and rounding as hospitals are waning so physicians are seeking new ways of networking.  Compounding these overall trends is the reliance on antiquated and inefficient technologies, such as phone and fax which can stymie the referral management process and has no tracking and limited patient data.

MedVoy’s referral management software provides the solution to track referral leakage.

  • Provides a lightweight patient portal to track and manages referrals and to schedule appointments online
  • Refer directly to providers in disparate networks, including physician-to-physician referrals
  • Provides a sophisticated business intelligence layer that tracks ROI and your best referral sources
  • Offers a new way to network and assists the marketing department in physician outreach

Contact us today to be part of our limited launch!

 

 


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Healthcare Referral Problem

Physician referrals play a large role in healthcare in the United states, but in the past the healthcare industry has had no way to track referrals in a standardized way. A study by Michael L. Barnett studied 845,243 patient visits from the National Ambulatory Medical Care Survey and National Hospital Ambulatory Medical Care from 1999 to 2009 and found the probability that an ambulatory visit to a physician resulted in a referral to another physician increased from 4.8% to 9.3%, a 94% increase. The absolute number of visits resulting in a physician referral increased 159% nationally during this time, from 41 million to 105 million. There are an estimated 811,552 physicians, 191,168 dentists, 5,008 hospitals, 5,211 imaging centers, 15,622 nursing centers, 209,499 laboratories in the United States and most of which are all exchanging referrals with paper forms resulting in misplaced patient information, unable to track referrals, no proper backup or reporting system.


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MedVoy 2.0 Limited Launch!

MedVoy 2.0 is now available for select group of providers for a limited launch!  MedVoy has been redesigned as a simple, secure healthcare referral management platform that enables healthcare entities to generate referrals, to track, to manage and to promote continuum of care.
In the current referral paradigm, 70 percent of referrals go unscheduled and 25 percent of scheduled appointments are missed.  MedVoy flips this dynamics and stops the endless paper shuffling – putting providers in control of their referrals.
Here is a sneak preview of some new features for MedVoy
•    Tracks and manages the referral workflow
•    Provides a lightweight HIPAA-compliant user portal
•    Garner Business Intelligence (BI) insights using our BI reporting platformfree
•    Schedule appointments immediately online
Sign up today to get started!


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Medvoy referral management product launch

Today MedVoy launched their product as part of the health2.0 launch session. Here is our CEO presenting as part of the launch. MedVoy enables patients to search, find and compare doctors plus schedule appointments directly via online and mobile devices. Also it enables providers to make physician to physician referrals, generate, manage and track referrals all in one secure centralized repository with business intelligence reporting and analytics to identify ROI on referrals sources, identify referral leakages and optimize physician alignment programs.

Please send your feedback on Medvoy.com to improve both patient and provider experience

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