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MedVoy Launch Video at Health2.0

admin — Thu, 21 Feb 2013 18:38:37 +0000

See MedVoy’s recent launch of their referral management software at the Health 2.0 Conference. The Health 2.0 Conference selected MedVoy because 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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Health 2.0 Conference Trends

admin — Fri, 08 Feb 2013 23:34:40 +0000

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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South Korean Hospitals – World Class Physicians and Modern Technology at Great Value

admin — Sat, 27 Feb 2010 22:57:21 +0000

Arriving at the pristine airport and being efficiently whisked through customs gives visitors the first inkling why medical tourism in South Korea has achieved so much in such a short period of time – receiving over 60,000 patients in 2009, 40 percent of which are from the US. Global healthcare being a key economic driver led to the establishment of The Korean Health Industry Development Institute (KHIDI) to oversee this sector and to support international patients. KHIDI ensures that participating hospitals are registered, medical outcomes are reported and there is even a multilingual medical call center specifically to help foreign patients, if needed.
South Korea does not stray from its reputation as a technological leader with “slip-less hospitals” that are paperless, chartless and filmless, using rather, RFID chips, completely electronic medical records (EMR) and telemedicine. When hospitals commonly utilize the third generation of da Vinci Surgical System, fourth generation of CyberKnife and where 64 slice CT scans are de rigueur, surgeons pride themselves on using a laparoscopic solution first. Even Dr. Kim of St. Mary’s Hospital was a pioneer in this arena and published his initial findings about minimally invasive options for colorectal cancer seven years before this method received the nod from The New England Journal of Medicine.
Significant inroads have been made in living donor organ transplantations for not only the liver, but also kidney, pancreas and bone marrow transplants since it is important in Confucian culture to preserve the body whole. Highly specialized developments have also been made for cancer treatments and outcomes for stomach, liver and cervical cancers are higher than those in the US. Other areas of specialization include spinal treatment, joint/rheumatism treatment, health screenings, dental care, infertility treatments and integrated traditional Korean medicine.

Cancer 5 Year Survival Rates
Site	Korea Percentage (2003-07)	USA Percentage (1999-2005)
Stomach	61.2	25.7
Liver	21.7	13.1
Cervix	80.5	70.6
Colon and rectum	68.7	65.2
Thyroid	98.8	96.9
Breast	89.5	89.1
Lung	16.7	15.6
Pancreas	7.6	5.5

(Source KHIDI/ December 2010)

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Global Healthcare Is Not Just About The Cost

admin — Tue, 23 Feb 2010 09:37:03 +0000

3 Million people spent $76B on care away from home in 2010.
A recent Frost and Sullivan research report on the medical travel business predicts that medical tourism will come a $100 B business by the end of 2012 and that hot spots to watch will be: the Middle East, Asia and Germany.
While most believe that cost is the main driver this is not true across the board. A McKinsey and Company 2008 report emphasizes that 40 per cent of medical travelers seek advanced technology, 32 per cent seek better healthcare, 15 per cent seek faster medical services and only 9 percent of travelers seek lower costs as their primary consideration. Click to view the full report.

As reimbursements for Medicaid and Medicare continue to decrease and increasing numbers of US doctors indicate they will cut back seeing patients insured by these government insurance plans, or stop seeing them altogether. This will fuel access, rather than cost, to the forefront of medical travel.
Inbound tourism is the flip side of the same coin – as US healthcare continues to get more expensive and more difficult to access, hospitals are looking for ways to fill the beds. Foreign patients are attractive market and also pay in cash.
As I””ve pointed out before, these market eruptions present entrepreneurs with big opportunities. Healthcare reform might change the rules, but I don””t think significantly, given the big picture patient demographic and manpower supply and demand challenges.
Global referral communications, coordination and care is a growth industry begging for talent and $100B is likely to get a lot of attention. It certainly got mine.

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