Over 40 million have 3 or more chronic conditions and cost the 'system' on average $40,000 per year through ER visits, readmissions.
Five key factors to reduce such utilization are: A Care plan based approach, Improved patient provider communication, Patient education & engagement, Vitals measurement and tracking, Care coordination.
>Current Solutions fail
Current solutions are one offs and not holistic. Self management apps are not effective because lack of Payer and Provider participation.
Kannact approach is an enterprise solution.
Patient receives tablet and bluetooth medical devices. Tablet alerts provider if vitals are out of desired range. Tablet allows for instant video communication with Provider. Patient education content to engage. Gladstone comes with EMR integration.
SAAS, Cloud, Mobile.
Per patient per month lease. Kannact negotiates performance based payment model with Payer to incentivize providers.