VisualMED Clinical Solutions Corp. and Intelaform Expand Partnership to Address Hospital Readmission Reduction Transition Care Programs in National Capital Region
Published: Dec 12, 2012
RENO, NV--(Marketwire - December 12, 2012) -
MacReport Media Publishing
VisualMED Clinical Solutions
As of August 2012, none of the organizations participating in the Centers for Medicare and Medicaid System ("CMS") Community-based Care Transition Care Programs ("CCTPs") were involved in the District of Columbia and Virginia regions. The Community-based Care Transition Program (CCTP), created by Section 3026 of the Affordable Care Act, and administered by CMS does test models for improving care transitions from the hospital to other settings and for reducing readmissions for high-risk Medicare beneficiaries. Up to $500 million in total funding is available from 2011 through 2105.
There are no such CCTP programs to date in the National Capital Region to assist hospitals in reducing readmission rates for the three most common disease categories. VisualMED and Intelaform have created the NCR Consortium in order to leverage their expertise to fill the need. The leaders of the NCR Consortium, VisualMED and Intelaform will combine their expertise in medical workflow processes, strong knowledge of public health issues, and their relationships in the region, in order to help District of Columbia and Virginia hospitals meet public policy objectives.
VisualMED and Intelaform believe their product offerings are "Best of Breed" and can be leveraged into the deployment of a comprehensive care transition solution that incorporates community-based organizations (CBOs) and acute care healthcare facilities as partners. VisualMED and Intelaform products and their working knowledge of multiple care settings, will allow the implementation of a cost effective continuity of care program to reduce hospital readmission. We also have relationships with suppliers of intelligent home monitoring devices.
Reducing hospital readmission is not just an opportunity in the United States. Intelaform is also actively helping VisualMED in submitting a $20M Transitional Care program to the newly elected government of the Province of Quebec, and to the Canadian Federal Government. There are currently no transitional care programs to prevent costly readmissions anywhere in Canada at this time. The new provincial governing team has a long history of innovation in improving healthcare delivery and patient outcomes.
Reducing hospital readmission is a huge opportunity. One in five Medicare patients returns to the hospital within a month of discharge. Nearly 6 million patients are readmitted within 30 days of release each year, costing Americans some $47.5 billion in additional hospital bills. This national average has remained steady at around 19 percent for several years.
Intelaform, Inc. is a global leader in emergency preparedness and response planning and deployment, medical and bio-surveillance and a premier source for healthcare product monitoring and surveillance. Intelaform is a Delaware C-Corporation founded in 2007 as a spin out business of Health Pathways, Inc. with intellectual property from a series of global government agencies and private sector emergency preparedness and response projects and healthcare asset management and monitoring programs. Intelaform global headquarters are in Rockville, Maryland, USA. For more information, visit www.intelaform.com (or) Contact: L. Samuel Westney, Director of Business Partnerships, at (240)email@example.com
VisualMED markets advanced Clinical Information Systems (CIS) and Computerized Physician Order Entry that meet the new regulatory environment ushered in by the American Recovery and Reinvestment Act of 2009 and the Health Reform Act of 2010. VisualMED offers a powerful technology platform both scalable and interoperable, developed at a cost of some $40 million and tested over many years in tertiary care and ambulatory environments. It's also a main driver of mobile solutions to provide better home care alternatives for patients and seniors. VisualMED solutions help health care agencies reduce mortality and morbidity due to medical errors, increase provider efficiency, and bring down operating costs. The key clinical components are a core solution in the new agenda to promote greater patient safety and reduce risks due to medication errors. The Company's Suites of Medical Solutions operate on state of the art proprietary software platforms with advanced analytical capabilities provided by Visual Healthcare Corp. (PINKSHEETS: VSHC). Detailed information on our company and its products is available on our web site at www.visualmedsolutions.com
Except for historical information provided herein, this press release may contain information and statements of a forward-looking nature concerning the future performance of the Company. These statements are based on suppositions and uncertainties as well as on management's best possible evaluation of future events. Such factors may include, without excluding other considerations, fluctuations in quarterly results, evolution in customer demand for the Company's products and services, the impact of price pressures exerted by competitors, and general market trends or economic changes. As a result, readers are advised that actual results may differ from expected results.
Chairman & CEO
L. Samuel Westney
Director of Business Partnerships