Health Systems The hospital industry has the largest exposure to the negative financial impact of re-admissions. However, the majority of health systems lack a well-articulated vision statement that focuses on improving patient care, and describes how technology can help achieve this objective. As a result, there is very limited use of mobile devices which only includes communication and patient locations.
Health Plans Medicare Advantage health plans have the second largest financial exposure relative to readmissions but nonetheless, the use of smart phones and mobility devices for healthcare initiatives is almost non-existent in the health insurance industry.
Accountable Care Organizations (ACOs) that participate in Medicare Shared Saving Program (MSSP) These ACOs have tremendous exposure to the financial impact of readmissions.
Self-Funded Employers Employee Health benefit is the second highest cost expenditure for US businesses. Escalating healthcare costs directly affect the competitiveness and financial health of all segments of US industries.