MOUNTAIN VIEW, CA--(Marketwire - March 15, 2011) - Based on its recent analysis of the E-Health Services market, Frost & Sullivan has awarded Stat Health Services, providers of the Stat Doctors™ program, with the 2011 North American Frost & Sullivan Award for Company of the Year in North American E-Health Services for its demonstrated excellence in innovation with its products and technologies, leadership in customer value and market penetration, and growth strategy and implementation.
Overall the number of emergency room (ER) visits is on the rise and thus, costs are increasing. However, a number of ER visits end up not being emergencies, yet they still approach the ER department for a number of reasons. Therefore, the idea of providing a remote service for these visits gains importance. Stat Health Services addresses this need for more effective emergency room (ER) utilization management.
"Managing hospital visitations in a more cost-efficient manner stands to save healthcare systems a significant amount of time and money," said Frost & Sullivan Sr. Industry Analyst Zachary Bujnoch. "In the past, such a solution was unfeasible due to technology constraints. But advances in today's communication networks make Stat Doctors™ an attractive, convenient and more affordable alternative."
"While most home monitoring services attempt to refit conventional hospital services for remote use, Stat Health designed an innovative system from the ground up around a specific and critical clinical service and workflow needs," said Frost & Sullivan Sr. Industry Analyst Zachary Bujnoch. "With Stat Doctors™, the company has taken into account the specific needs that remote services impose on a product or system while retaining the advantages of new and innovative technologies like the connectivity and availability of webcams."
Creating a successful operational service involved the challenge of establishing a functioning physicians' network. This was a core skill exhibited by Stat Doctors™.
Stat Doctors™ estimates 15 percent to 20 percent of ER visits can be handled with its remote visitation system. Proper targeting for an e-health service is also very important for success.
"Stat Doctors™ is targeting areas like respiratory infections or urinary tract infections, leveraging the strengths of its e-health service," said Bujnoch. "Even if this service is deflecting even the smallest fraction of hospital visits, hospital systems or healthcare providers stand to save significant amounts of money."
In Arizona, initial results utilizing Stat Doctors' impressive physician network and targeted condition approach have shown great promise. Stat Doctors™ has experienced success utilizing only the most basic of visitation needs.
Frost & Sullivan Best Practices Awards recognize companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis and extensive secondary research in order to identify best practices in the industry.
About Stat Health Services Inc.
Stat Health Services Inc. is an eHealth services company. Its STAT DOCTORS™ service provides members convenient and affordable online access to emergency medicine physicians for the diagnosis and treatment of urgent common minor medical conditions. STAT DOCTORS™ brings patients, a modern day virtual house call. By providing such features as a secure single sign-on, a virtual waiting room, online medical consultations (eVisits), electronic health records (EHRs), and electronic prescribing (ePrescribing), STAT DOCTORS™ delivers a personalized, secure and superior health care experience. Stat Health's network of emergency medicine physicians includes top board certified physicians who share a passion for delivering high quality health care, efficiently and effectively, by using the Internet and advanced technologies to treat today's connected patients. Stat Health is headquartered in Scottsdale, Arizona. For more information, visit www.STATDOCTORS.com.
About Frost & Sullivan
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