SlideShare a Scribd company logo
1 of 40
Download to read offline
Making the Right
Technology Investments
for Your Practice
January 2010
Agenda

• Panel Introductions
• Housekeeping Rules
• Talk Introduction
• Rob Gilpin/Webley MD: Using Automated Messaging
  to Enhance the Patient Experience
• Greg Marcus/Patient Results Network: Best Practices
  for Results Reporting
• Q&A
Housekeeping Rules

• Length: 60 minutes
• Type your questions at any time
• Q & A and gift card drawing will be held after our
  panelists’ presentations
• Copies of presentations will be sent to participants
Introductions

• Moderator: Dr. Susan Linton
• Panelists:
   • Rob Gilpin, National Sales Director, Webley MD
   • Greg Marcus, President, Patient Results Network
Communications Technology & the Bottom Line

• In 2008, Cisco Internet Business Solutions Group
  (IBSG) estimated that $3.4 billion, or $500,000 in
  nursing productivity per hospital, is lost annually due
  to “communication delays”
   • 85% of this loss can be avoided by using communication
     technologies




                                                              5
How Do You Communicate with Your Patients?


           Real Time           Non-Real Time

      • Phone calls         • E-mail
        • Landline          • SMS
        • Mobile            • Voicemail
        • Voice over IP     • Blogs
      • Instant messaging   • Discussion boards
      • Conferencing
        • Audio
        • Web




                                                  6
Automating Patient-Practice Communications

                          Patients call PRN
                          for test results &
                               Receive
                            appointment
                           reminders from
                             Webley MD
• Lab results available                        • Voice, E-mail
24 hours a day                                 automated
• Eliminates phone                             reminders
tag                                            • Lowers no show
• Access from                                  rate by 30%
Internet or phone                              • Better tracking of
• Free trial                Practices call     cancellations,
• No contract term                             confirmations
                           PRN to record
                           test results &
                                Send
                          appointments to
                            Webley MD


                                                                      8
Using Automated Messaging
                                To Enhance The Patient
                                Experience




Simplifying and Unifying Communications Through Technology
Webley Corporate Overview


          • Founded In 1997
          • Industry Pioneer in Advanced Speech Applications:
               • Virtual PBX & IVR
               • Unified Communications
               • After Hours Messaging
               • Broadcast Messaging (Voice, Text & E-Mail)
          • 5 International Patents in Advanced Speech
          • Support 50,000 + Active Customers
          • Delivering Over 180,000,000 Transactions Per Year
          • Dependable, Financially Secure & Growing
          • Numerous Awards For Technology Product of the Year



Simplifying & Unifying Communications Through Technology
What the Experts are Saying


  Of 2,000 + Practices Surveyed                  Physicians want to…

  • 25% report rise in patient no shows          •   Concentrate on patient care
  • 33% report decline in revenue.               •   Increase patient satisfaction
  • 35% currently have hiring freezes            •   Market their practices better
                                                 •   Generate additional visits
      44% of practices reported a no-            •   Shorten their revenue cycle
     show percentage ranging from 5%             •   Increase office efficiencies
             to 10% per day




         In Today’s Struggling Economy…Practices Are Being Challenged To Do
                               More With Less Resources

Simplifying & Unifying Communications Through Technology
Definition of Insanity:




       “Doing The Same Thing(s) Over and Over Again, But Expecting
                           Different Results”



Simplifying & Unifying Communications Through Technology
The Full Service to Self Service Paradigm




Simplifying & Unifying Communications Through Technology
Examples of Self Service Applications in Medicine

      •   Virtual Visits via E-Mail
      •   Tele-Medicine
      •   The Internet (WebMD, Google, CDC, etc.)
      •   Automated Payment Options (e-Pay)
      •   Practice Websites:
           •    Basic Practice Information
           •    Directions / Office Hours
           •    Services Offered
           •    Pre-Registration Forms
           •    Prescription Requests
           •    FAQ’s

      • Lab Results Reporting
      • Scheduling & Reminders

Simplifying & Unifying Communications Through Technology
Self Service Advantages

      •   Reduce In & Outbound Phone Calls (Phone Tag)
      •   Increase Office Efficiency
      •   Reduce Operating Costs
      •   Faster Response Times
      •   24 by 7 by 365 Day Service
      •   Generate Revenue By Seeing More Patients
      •   Improved Patient Satisfaction & Experiences
      •   Redirect Efforts To Those With More Critical Needs
      •   Harness Available Technologies
      •   Technology Empowers The Patient To Do More
      •   Competitive Advantage

Simplifying & Unifying Communications Through Technology
MGMA Practice Demands Survey Results

      Do you currently have a practice website:               81% Yes
      Do you see the internet as an effective tool:           93% Yes

      Assuming security is not an issue, do you see the Internet
         as an effective communications medium for:

                     Pre-Registration               89% Yes
                    Appointment Requests            79% Yes
                    Prescription Requests           74% Yes
                    Lab Results Reporting           79% Yes
                    On Line Bill Payment            73% Yes




Simplifying & Unifying Communications Through Technology
MGMA Patient Demands Survey Results
             81% of All Patients Have Internet Access
             3.7 M Patients Communicate With Physicians On line
             Patients Are Better Educated & Demand More Choices
             Patients Want To Engage In Shared Decisions

      Patients Want the Ability To:

          77%      Ask Questions Without A Visit
          71%      Automatically Set Appointments
          71%      Order Prescriptions On Line
          69%      Receive Automatic Test Results

    55% Indicated The Ability To Better Communicate With Their Doctors
                 Would Influence Their Choice of Providers




Simplifying & Unifying Communications Through Technology
Lost Revenue Examples




                        Manual        Automated        Savings     Qty/Month


      Phone Calls        $0.55           $0.15             $0.40       ?
       Postcards         $0.50           $0.15             $0.35       ?
         Letters         $1.00           $0.15             $0.85       ?

        Manual Calls: 25 PPD @ 21 days = $210 / month plus 10 hours labor




Simplifying & Unifying Communications Through Technology
The Power of Broadcast Messaging


         Message Types                Multimedia Reach               Benefits

   •   Appointment Reminders      •   Landline Phones      • Immediate Deployment
   •   No Show Follow ups         •   Cell Phones          • Low Cost
                                                           • Interactive
   •   Lab Results Ready          •   E-mail
                                                           • Fully Automated
   •   Account Balances           •   SMS Text             • Language Options
   •   Emergency Notifications                             • Delivery Confirmations
   •   Preventive Health                                   • Preference Based Marketing
       Reminders:                                          • Messages are Fully
   •   Flu Campaigns                                         Customizable
   •   Immunizations                                       • Opt In / Opt Out
                                                           • Easy to Deploy
   •   Annual Check Ups
                                                           • 25%+ No Show Reduction
   •   MAM’s, PAP’s, PSA’s etc.
                                                           • Immediate ROI
                                                           • Money Back Guarantee




Simplifying & Unifying Communications Through Technology
Standard Appointment Reminder



     Hello, this is East Bay Medical. We’re calling to remind <Patient
       First / Last Name> of your appointment with us on <Day>
       <Month> <Date> at <Time>. If you are unable to keep this
    appointment for any reason, please call us as soon as possible at
    503-456-7890 to cancel or reschedule. This will allow us to offer
    that appointment time to another patient. Again, that number is
                               503-456-7890.
                       We look forward to seeing you!




Simplifying & Unifying Communications Through Technology
Sample Patient Response Options



                                 • To confirm this appointment, press 1 now.

                                 • To cancel this appointment, press 2 now.

                                 • To hear this message in Spanish, press 3 now.

                                 • To repeat this message, press 4 now.

                                 • For directions to our office, press 5 now.

                                 • To speak with our receptionist, press 6 now.




Simplifying & Unifying Communications Through Technology
Dr. Baum’s “No Shows Equal No Dollars”
   Investigate:                                                Webley MD ROI Analysis:
       • Determine How Many No Shows & Why                        # of Patients
       • Identify Any Obstacles                                   % of No Shows
                                                                  $ of Lost Appt
   Define High Risk Offenders:                                    Current Methods
       • First Time Patients Booked In Advance
       • Repeat Offenders
       • Long Wait Times Prior To Date Of Appointment
       • Long Wait Times In Office Prior To Time Of Appointment
       • Medicaid / Self Pay Patients

   Solutions
       • Send Automated Appointment Reminders
       • Reserve Daily Time Slots in a.m. & p.m. for Urgencies & Emergencies
       • Reserve Daily Time Slots Just For New Patients
       • Instigate A Three Strike Rule
       • Always Book Repeat Offenders In Late Afternoon
       • Charge for Missed Appointments                       Source: Dr. Neil Baum
       • See Patients On Time                                 Neurologist / New Orleans, LA

Simplifying & Unifying Communications Through Technology
Example of a Typical ROI for 3 Physician Practice


            Appointments Per Day:                          75
            Cost of Lost Appointment:                      $75
            Average No Show Rate:                          5%
            Total Monthly Revenue Generated:               $118,125
            Revenue Lost Based On 5% No Show:              $5,906
            Webley Recoverable Revenue @ 30%:              $ 1,772 / Month
            Cost of Webley @ $99/Provider:                 $297 / Month

                     Net Profit / Month:         $1,475

                     Net Profit / Year:          $17,699

              Save Time, Money, Improve Office Efficiency & Patient
                                  Satisfaction!




Simplifying & Unifying Communications Through Technology
Webley MD Summary

                                Patient Benefits

                  • Increased access to caregivers
                  • Enhanced patient experience
                  • Shorter wait times

                                Practice Benefits

                  • Saves time & money
                  • Improves cash flow
                  • See more patients in less time
                  • Reduce print & postage costs
                  • Creates competitive advantage
                  • More time to focus on pressing matters
                  • Accommodates practices of any size
                  • SAAS model, no equipment to purchase or administrate
                  • Immediate ROI
                  • Money Back Guarantee


Simplifying & Unifying Communications Through Technology
Communications Technology & Patient Care



    “The demand on physicians to see more patients in less
     time with less compensation requires more efficient
    operating strategies. By streamlining communications
     between doctors and patients, technology can help
      physicians more effectively manage patient care.”
                       - Modern Physician, 1999




              From Outbound to Inbound Initiatives….


                                                             7
Webley Pricing Examples




                        Please contact your local Webley MD
                       Sales Representative for information on
                             pricing or call 866-220-9754.




Simplifying & Unifying Communications Through Technology
Best Practices for Results
Reporting
January 2010
Patient Results Network Corporate Overview

    • Founded in 1994
    • Innovator of automated lab results
      reporting service
    • Complete subscriber based model
    • Nationwide customer base
         • Many have been using PRN for over 10 years
    • Delivers thousands of results 24 hours a day




Simplifying & Unifying Communications Through Technology
Automating Test Results Reporting

    Benefits of Automated Test Results Reporting
         • Saves time versus making manual phone calls
         • Reduces inbound call volume
         • Cuts down on phone tag
         • Lets patients interact with the practice at their
           convenience (24/7 availability) without staff
           intervention
         • Delivers results securely, over the phone or
           online, while respecting patient privacy




Simplifying & Unifying Communications Through Technology
Costs of Not Automating Test Results Reporting

    Manual Test Results Reporting
         • “Improper communication of test results can increase risk of
           malpractice liability” -
         • No reliable means of tracking calls
         • Patient inquiries plagued by time consuming, inefficient process
             •   Receptionist answers call
             •   Provider needs to be found (interrupting workflow)
             •   Charts need to be located
             •   Phone tag is common
             •   Patients ask questions unrelated to the test
             •   Process repeated multiple times every day
         • Mailing results is expensive and time consuming
             •   Need to type letter, address, seal, stamp
             •   Costs at least $1 to mail letter
             •   Delay in getting result to patient
             •   Unclear if patient received results


Simplifying & Unifying Communications Through Technology
No News Is Good News?

    “A survey of 262 physicians found that only 41% were satisfied
    with how they managed test results. Most did not have explicit
    rules for notifying patients of results and many used the
    dangerous practice of telling patients that “no news is good
    news.”
    – Agency for Healthcare Research and Quality
    No news can lead to heightened patient anxiety
    Patients might not be getting important test results
         •   Answering machine broken/full/off
         •   Patients out of town
         •   Kids rarely relay messages
         •   Want to hear that everything is fine


Simplifying & Unifying Communications Through Technology
PRN Automated Results Reporting

         • Results can be recorded on a telephone or from the Internet 24
           hours a day
         • Charts can be filed as soon as results are recorded
         • Patients can be called when results are available
         • Reports show the status of messages
         • Patients appreciate the convenience and improved
           communication of test results

      “An automated test results management system can
      improve patient satisfaction with communication of test
      results by their primary care provider.”
      - Archives of Internal Medicine – 11/12/07



Simplifying & Unifying Communications Through Technology
Sample Patient Instruction Card

                                                  ®
                      Patient Results Network Instructions

     1) Dial 1- 800 - 448 - 8520 ——— 1 week after your test
        (results will be available on the system for 2 weeks thereafter)

     2) Enter provider code 1008 followed by the # key.

     3) After Dr. Smith is verified TOUCH 1

     4) Enter medical record number 123456 followed by the # key.
                   You can cal l 24 hours a day, 7 days a week.

                       ~FAMILY PRACTICE CENTER~


Simplifying & Unifying Communications Through Technology
Everyone is Comfortable with PRN

   • Voice prompts in English or Spanish provide step by step
     instructions
   • Volume can be increased
   • Messages can be listened to numerous times




Simplifying & Unifying Communications Through Technology
Sample Report



                                                           • Patient ID = ID number entered for
                                                           patient
                                                           • Date = actual date message was
                                                           recorded
                                                           • Time = actual time message was
                                                           recorded
                                                           • Duration = actual recording time in
                                                           seconds
                                                           • Days on System = days since originally
                                                           recorded
                                                           • Lib Number = R-0 means a personal
                                                           message was recorded for the patient, C
                                                           means a pre-recorded library message was
                                                           used




Simplifying & Unifying Communications Through Technology
Retrieval Data From PRN Clients




Simplifying & Unifying Communications Through Technology
How PRN Works




    Practice gives PRN     Tests are sent to
                                               Practice records
     card to patients         the lab for                           Patients can call or
                                               results by calling
     with lab results      processing. Lab                            go online to get
                                                 PRN or going
      retrieval date       sends results to                          their results 24/7
                                                    online.
    during office visit.       practice.

   4 Simple Steps




Simplifying & Unifying Communications Through Technology
ROI for a Typical 3 Physician Practice




                                                                   Manual Calls         PRN

                  Time spent on 30 results/day                     90 mins              15 mins
                  Time to report one result                        3 mins               30 secs
                  Labor cost per day                               $37.50               $6.50

                 * 10 results a day/MD = 30 results/day, a typical nurse earns $25/hr




Simplifying & Unifying Communications Through Technology
The Bottom Line

    Under a typical scenario for a 3 physician practice:
         •   20 working days a month
         •   Labor cost of nurse calling patients: $750/month
         •   Labor cost of nurse using PRN: $130/month
         •   Monthly cost of PRN: $300/month
         •   Monthly Savings with PRN: $320/month net

                            BOTTOM LINE: PRN Costs You Nothing




Simplifying & Unifying Communications Through Technology
Summary

    •   Available 24 hours a day
    •   Eliminates phone tag
    •   Access from Internet or phone
    •   No special hardware or software required
    •   Free trial
    •   No contract term
    •   At $100 a month per provider how can
        you go wrong?




Simplifying & Unifying Communications Through Technology
Webley
                Rob Gilpin / National Sales Director
                866-220-9754
                rgilpin@webley.com
                www.webley.com

                Patient Results Network
                Greg Marcus / President
                800-613-9050 ext. 24
                greg@patientresult.com
                www.patientresult.com




Simplifying & Unifying Communications Through Technology

More Related Content

Similar to Making the Right Technology Investments for Your Practice

How Telemedicine is Transforming Orthopedics
How Telemedicine is Transforming OrthopedicsHow Telemedicine is Transforming Orthopedics
How Telemedicine is Transforming OrthopedicsGlen McCracken MD,MBA
 
1Call HIMSS 2010 - Hospital Call Center, Attendant Console for Operator Servi...
1Call HIMSS 2010 - Hospital Call Center, Attendant Console for Operator Servi...1Call HIMSS 2010 - Hospital Call Center, Attendant Console for Operator Servi...
1Call HIMSS 2010 - Hospital Call Center, Attendant Console for Operator Servi...AMTELCO
 
Improving Physician Communications in Healthcare
Improving Physician Communications in HealthcareImproving Physician Communications in Healthcare
Improving Physician Communications in HealthcareTelmediq
 
How To Reduce Costs And Improve Financial Performance using NextGen Practice ...
How To Reduce Costs And Improve Financial Performance using NextGen Practice ...How To Reduce Costs And Improve Financial Performance using NextGen Practice ...
How To Reduce Costs And Improve Financial Performance using NextGen Practice ...James Muir
 
Webley MD Reminders patient notification service brief overview 2011
Webley MD Reminders patient notification service brief overview 2011Webley MD Reminders patient notification service brief overview 2011
Webley MD Reminders patient notification service brief overview 2011Webley MD
 
Most Affordable Healthcare for College Students
Most Affordable Healthcare for College StudentsMost Affordable Healthcare for College Students
Most Affordable Healthcare for College StudentsSheldon Lee
 
America's Most Affordable Healthcare Plan
America's Most Affordable Healthcare PlanAmerica's Most Affordable Healthcare Plan
America's Most Affordable Healthcare PlanSheldon Lee
 
Tips for Collecting Account Balances from Your Patients
Tips for Collecting Account Balances from Your PatientsTips for Collecting Account Balances from Your Patients
Tips for Collecting Account Balances from Your PatientsWebley MD
 
Managing Fraud and Compliance in Healthcare
Managing Fraud and Compliance in HealthcareManaging Fraud and Compliance in Healthcare
Managing Fraud and Compliance in HealthcareMike Wons
 
Managing Compliance in Healthcare
Managing Compliance in HealthcareManaging Compliance in Healthcare
Managing Compliance in HealthcareMike Wons
 
Here is How Americans Can Still Afford Healthcare
Here is How Americans Can Still Afford HealthcareHere is How Americans Can Still Afford Healthcare
Here is How Americans Can Still Afford HealthcareBill Sizoo
 
Dr Arvind Madan Hurley Group & NHS England Primary Care
Dr Arvind Madan Hurley Group & NHS England Primary CareDr Arvind Madan Hurley Group & NHS England Primary Care
Dr Arvind Madan Hurley Group & NHS England Primary Care3GDR
 
Connecting healthcare providers and public health departments
Connecting healthcare providers and public health departmentsConnecting healthcare providers and public health departments
Connecting healthcare providers and public health departmentsCureMD
 
Adding Visuals to Voice Panel - SpeechTEK 2017
Adding Visuals to Voice Panel - SpeechTEK 2017Adding Visuals to Voice Panel - SpeechTEK 2017
Adding Visuals to Voice Panel - SpeechTEK 2017Crispin Reedy
 
NHS 5YFV Vanguards-Rob Vickers presentation
NHS 5YFV Vanguards-Rob Vickers presentationNHS 5YFV Vanguards-Rob Vickers presentation
NHS 5YFV Vanguards-Rob Vickers presentationmckenln
 
Telerx cbi presentation - connect the dots
Telerx   cbi presentation - connect the dotsTelerx   cbi presentation - connect the dots
Telerx cbi presentation - connect the dotsTelerx
 

Similar to Making the Right Technology Investments for Your Practice (20)

How Telemedicine is Transforming Orthopedics
How Telemedicine is Transforming OrthopedicsHow Telemedicine is Transforming Orthopedics
How Telemedicine is Transforming Orthopedics
 
Recasting patient access
Recasting patient accessRecasting patient access
Recasting patient access
 
Heathcare Communicators Oregon Presentation
Heathcare Communicators Oregon PresentationHeathcare Communicators Oregon Presentation
Heathcare Communicators Oregon Presentation
 
Indian Healthcare Re-Engineered V1
Indian Healthcare Re-Engineered V1Indian Healthcare Re-Engineered V1
Indian Healthcare Re-Engineered V1
 
1Call HIMSS 2010 - Hospital Call Center, Attendant Console for Operator Servi...
1Call HIMSS 2010 - Hospital Call Center, Attendant Console for Operator Servi...1Call HIMSS 2010 - Hospital Call Center, Attendant Console for Operator Servi...
1Call HIMSS 2010 - Hospital Call Center, Attendant Console for Operator Servi...
 
Improving Physician Communications in Healthcare
Improving Physician Communications in HealthcareImproving Physician Communications in Healthcare
Improving Physician Communications in Healthcare
 
How To Reduce Costs And Improve Financial Performance using NextGen Practice ...
How To Reduce Costs And Improve Financial Performance using NextGen Practice ...How To Reduce Costs And Improve Financial Performance using NextGen Practice ...
How To Reduce Costs And Improve Financial Performance using NextGen Practice ...
 
Webley MD Reminders patient notification service brief overview 2011
Webley MD Reminders patient notification service brief overview 2011Webley MD Reminders patient notification service brief overview 2011
Webley MD Reminders patient notification service brief overview 2011
 
Most Affordable Healthcare for College Students
Most Affordable Healthcare for College StudentsMost Affordable Healthcare for College Students
Most Affordable Healthcare for College Students
 
America's Most Affordable Healthcare Plan
America's Most Affordable Healthcare PlanAmerica's Most Affordable Healthcare Plan
America's Most Affordable Healthcare Plan
 
Create the Ultimate Patient Experience
Create the Ultimate Patient ExperienceCreate the Ultimate Patient Experience
Create the Ultimate Patient Experience
 
Tips for Collecting Account Balances from Your Patients
Tips for Collecting Account Balances from Your PatientsTips for Collecting Account Balances from Your Patients
Tips for Collecting Account Balances from Your Patients
 
Managing Fraud and Compliance in Healthcare
Managing Fraud and Compliance in HealthcareManaging Fraud and Compliance in Healthcare
Managing Fraud and Compliance in Healthcare
 
Managing Compliance in Healthcare
Managing Compliance in HealthcareManaging Compliance in Healthcare
Managing Compliance in Healthcare
 
Here is How Americans Can Still Afford Healthcare
Here is How Americans Can Still Afford HealthcareHere is How Americans Can Still Afford Healthcare
Here is How Americans Can Still Afford Healthcare
 
Dr Arvind Madan Hurley Group & NHS England Primary Care
Dr Arvind Madan Hurley Group & NHS England Primary CareDr Arvind Madan Hurley Group & NHS England Primary Care
Dr Arvind Madan Hurley Group & NHS England Primary Care
 
Connecting healthcare providers and public health departments
Connecting healthcare providers and public health departmentsConnecting healthcare providers and public health departments
Connecting healthcare providers and public health departments
 
Adding Visuals to Voice Panel - SpeechTEK 2017
Adding Visuals to Voice Panel - SpeechTEK 2017Adding Visuals to Voice Panel - SpeechTEK 2017
Adding Visuals to Voice Panel - SpeechTEK 2017
 
NHS 5YFV Vanguards-Rob Vickers presentation
NHS 5YFV Vanguards-Rob Vickers presentationNHS 5YFV Vanguards-Rob Vickers presentation
NHS 5YFV Vanguards-Rob Vickers presentation
 
Telerx cbi presentation - connect the dots
Telerx   cbi presentation - connect the dotsTelerx   cbi presentation - connect the dots
Telerx cbi presentation - connect the dots
 

Recently uploaded

Bridging Between CAD & GIS: 6 Ways to Automate Your Data Integration
Bridging Between CAD & GIS:  6 Ways to Automate Your Data IntegrationBridging Between CAD & GIS:  6 Ways to Automate Your Data Integration
Bridging Between CAD & GIS: 6 Ways to Automate Your Data Integrationmarketing932765
 
UiPath Community: Communication Mining from Zero to Hero
UiPath Community: Communication Mining from Zero to HeroUiPath Community: Communication Mining from Zero to Hero
UiPath Community: Communication Mining from Zero to HeroUiPathCommunity
 
Zeshan Sattar- Assessing the skill requirements and industry expectations for...
Zeshan Sattar- Assessing the skill requirements and industry expectations for...Zeshan Sattar- Assessing the skill requirements and industry expectations for...
Zeshan Sattar- Assessing the skill requirements and industry expectations for...itnewsafrica
 
Unleashing Real-time Insights with ClickHouse_ Navigating the Landscape in 20...
Unleashing Real-time Insights with ClickHouse_ Navigating the Landscape in 20...Unleashing Real-time Insights with ClickHouse_ Navigating the Landscape in 20...
Unleashing Real-time Insights with ClickHouse_ Navigating the Landscape in 20...Alkin Tezuysal
 
A Framework for Development in the AI Age
A Framework for Development in the AI AgeA Framework for Development in the AI Age
A Framework for Development in the AI AgeCprime
 
QCon London: Mastering long-running processes in modern architectures
QCon London: Mastering long-running processes in modern architecturesQCon London: Mastering long-running processes in modern architectures
QCon London: Mastering long-running processes in modern architecturesBernd Ruecker
 
The Future Roadmap for the Composable Data Stack - Wes McKinney - Data Counci...
The Future Roadmap for the Composable Data Stack - Wes McKinney - Data Counci...The Future Roadmap for the Composable Data Stack - Wes McKinney - Data Counci...
The Future Roadmap for the Composable Data Stack - Wes McKinney - Data Counci...Wes McKinney
 
How AI, OpenAI, and ChatGPT impact business and software.
How AI, OpenAI, and ChatGPT impact business and software.How AI, OpenAI, and ChatGPT impact business and software.
How AI, OpenAI, and ChatGPT impact business and software.Curtis Poe
 
Generative AI - Gitex v1Generative AI - Gitex v1.pptx
Generative AI - Gitex v1Generative AI - Gitex v1.pptxGenerative AI - Gitex v1Generative AI - Gitex v1.pptx
Generative AI - Gitex v1Generative AI - Gitex v1.pptxfnnc6jmgwh
 
Time Series Foundation Models - current state and future directions
Time Series Foundation Models - current state and future directionsTime Series Foundation Models - current state and future directions
Time Series Foundation Models - current state and future directionsNathaniel Shimoni
 
Use of FIDO in the Payments and Identity Landscape: FIDO Paris Seminar.pptx
Use of FIDO in the Payments and Identity Landscape: FIDO Paris Seminar.pptxUse of FIDO in the Payments and Identity Landscape: FIDO Paris Seminar.pptx
Use of FIDO in the Payments and Identity Landscape: FIDO Paris Seminar.pptxLoriGlavin3
 
Glenn Lazarus- Why Your Observability Strategy Needs Security Observability
Glenn Lazarus- Why Your Observability Strategy Needs Security ObservabilityGlenn Lazarus- Why Your Observability Strategy Needs Security Observability
Glenn Lazarus- Why Your Observability Strategy Needs Security Observabilityitnewsafrica
 
TrustArc Webinar - How to Build Consumer Trust Through Data Privacy
TrustArc Webinar - How to Build Consumer Trust Through Data PrivacyTrustArc Webinar - How to Build Consumer Trust Through Data Privacy
TrustArc Webinar - How to Build Consumer Trust Through Data PrivacyTrustArc
 
Scale your database traffic with Read & Write split using MySQL Router
Scale your database traffic with Read & Write split using MySQL RouterScale your database traffic with Read & Write split using MySQL Router
Scale your database traffic with Read & Write split using MySQL RouterMydbops
 
Data governance with Unity Catalog Presentation
Data governance with Unity Catalog PresentationData governance with Unity Catalog Presentation
Data governance with Unity Catalog PresentationKnoldus Inc.
 
MuleSoft Online Meetup Group - B2B Crash Course: Release SparkNotes
MuleSoft Online Meetup Group - B2B Crash Course: Release SparkNotesMuleSoft Online Meetup Group - B2B Crash Course: Release SparkNotes
MuleSoft Online Meetup Group - B2B Crash Course: Release SparkNotesManik S Magar
 
Moving Beyond Passwords: FIDO Paris Seminar.pdf
Moving Beyond Passwords: FIDO Paris Seminar.pdfMoving Beyond Passwords: FIDO Paris Seminar.pdf
Moving Beyond Passwords: FIDO Paris Seminar.pdfLoriGlavin3
 
The Fit for Passkeys for Employee and Consumer Sign-ins: FIDO Paris Seminar.pptx
The Fit for Passkeys for Employee and Consumer Sign-ins: FIDO Paris Seminar.pptxThe Fit for Passkeys for Employee and Consumer Sign-ins: FIDO Paris Seminar.pptx
The Fit for Passkeys for Employee and Consumer Sign-ins: FIDO Paris Seminar.pptxLoriGlavin3
 
Emixa Mendix Meetup 11 April 2024 about Mendix Native development
Emixa Mendix Meetup 11 April 2024 about Mendix Native developmentEmixa Mendix Meetup 11 April 2024 about Mendix Native development
Emixa Mendix Meetup 11 April 2024 about Mendix Native developmentPim van der Noll
 
A Deep Dive on Passkeys: FIDO Paris Seminar.pptx
A Deep Dive on Passkeys: FIDO Paris Seminar.pptxA Deep Dive on Passkeys: FIDO Paris Seminar.pptx
A Deep Dive on Passkeys: FIDO Paris Seminar.pptxLoriGlavin3
 

Recently uploaded (20)

Bridging Between CAD & GIS: 6 Ways to Automate Your Data Integration
Bridging Between CAD & GIS:  6 Ways to Automate Your Data IntegrationBridging Between CAD & GIS:  6 Ways to Automate Your Data Integration
Bridging Between CAD & GIS: 6 Ways to Automate Your Data Integration
 
UiPath Community: Communication Mining from Zero to Hero
UiPath Community: Communication Mining from Zero to HeroUiPath Community: Communication Mining from Zero to Hero
UiPath Community: Communication Mining from Zero to Hero
 
Zeshan Sattar- Assessing the skill requirements and industry expectations for...
Zeshan Sattar- Assessing the skill requirements and industry expectations for...Zeshan Sattar- Assessing the skill requirements and industry expectations for...
Zeshan Sattar- Assessing the skill requirements and industry expectations for...
 
Unleashing Real-time Insights with ClickHouse_ Navigating the Landscape in 20...
Unleashing Real-time Insights with ClickHouse_ Navigating the Landscape in 20...Unleashing Real-time Insights with ClickHouse_ Navigating the Landscape in 20...
Unleashing Real-time Insights with ClickHouse_ Navigating the Landscape in 20...
 
A Framework for Development in the AI Age
A Framework for Development in the AI AgeA Framework for Development in the AI Age
A Framework for Development in the AI Age
 
QCon London: Mastering long-running processes in modern architectures
QCon London: Mastering long-running processes in modern architecturesQCon London: Mastering long-running processes in modern architectures
QCon London: Mastering long-running processes in modern architectures
 
The Future Roadmap for the Composable Data Stack - Wes McKinney - Data Counci...
The Future Roadmap for the Composable Data Stack - Wes McKinney - Data Counci...The Future Roadmap for the Composable Data Stack - Wes McKinney - Data Counci...
The Future Roadmap for the Composable Data Stack - Wes McKinney - Data Counci...
 
How AI, OpenAI, and ChatGPT impact business and software.
How AI, OpenAI, and ChatGPT impact business and software.How AI, OpenAI, and ChatGPT impact business and software.
How AI, OpenAI, and ChatGPT impact business and software.
 
Generative AI - Gitex v1Generative AI - Gitex v1.pptx
Generative AI - Gitex v1Generative AI - Gitex v1.pptxGenerative AI - Gitex v1Generative AI - Gitex v1.pptx
Generative AI - Gitex v1Generative AI - Gitex v1.pptx
 
Time Series Foundation Models - current state and future directions
Time Series Foundation Models - current state and future directionsTime Series Foundation Models - current state and future directions
Time Series Foundation Models - current state and future directions
 
Use of FIDO in the Payments and Identity Landscape: FIDO Paris Seminar.pptx
Use of FIDO in the Payments and Identity Landscape: FIDO Paris Seminar.pptxUse of FIDO in the Payments and Identity Landscape: FIDO Paris Seminar.pptx
Use of FIDO in the Payments and Identity Landscape: FIDO Paris Seminar.pptx
 
Glenn Lazarus- Why Your Observability Strategy Needs Security Observability
Glenn Lazarus- Why Your Observability Strategy Needs Security ObservabilityGlenn Lazarus- Why Your Observability Strategy Needs Security Observability
Glenn Lazarus- Why Your Observability Strategy Needs Security Observability
 
TrustArc Webinar - How to Build Consumer Trust Through Data Privacy
TrustArc Webinar - How to Build Consumer Trust Through Data PrivacyTrustArc Webinar - How to Build Consumer Trust Through Data Privacy
TrustArc Webinar - How to Build Consumer Trust Through Data Privacy
 
Scale your database traffic with Read & Write split using MySQL Router
Scale your database traffic with Read & Write split using MySQL RouterScale your database traffic with Read & Write split using MySQL Router
Scale your database traffic with Read & Write split using MySQL Router
 
Data governance with Unity Catalog Presentation
Data governance with Unity Catalog PresentationData governance with Unity Catalog Presentation
Data governance with Unity Catalog Presentation
 
MuleSoft Online Meetup Group - B2B Crash Course: Release SparkNotes
MuleSoft Online Meetup Group - B2B Crash Course: Release SparkNotesMuleSoft Online Meetup Group - B2B Crash Course: Release SparkNotes
MuleSoft Online Meetup Group - B2B Crash Course: Release SparkNotes
 
Moving Beyond Passwords: FIDO Paris Seminar.pdf
Moving Beyond Passwords: FIDO Paris Seminar.pdfMoving Beyond Passwords: FIDO Paris Seminar.pdf
Moving Beyond Passwords: FIDO Paris Seminar.pdf
 
The Fit for Passkeys for Employee and Consumer Sign-ins: FIDO Paris Seminar.pptx
The Fit for Passkeys for Employee and Consumer Sign-ins: FIDO Paris Seminar.pptxThe Fit for Passkeys for Employee and Consumer Sign-ins: FIDO Paris Seminar.pptx
The Fit for Passkeys for Employee and Consumer Sign-ins: FIDO Paris Seminar.pptx
 
Emixa Mendix Meetup 11 April 2024 about Mendix Native development
Emixa Mendix Meetup 11 April 2024 about Mendix Native developmentEmixa Mendix Meetup 11 April 2024 about Mendix Native development
Emixa Mendix Meetup 11 April 2024 about Mendix Native development
 
A Deep Dive on Passkeys: FIDO Paris Seminar.pptx
A Deep Dive on Passkeys: FIDO Paris Seminar.pptxA Deep Dive on Passkeys: FIDO Paris Seminar.pptx
A Deep Dive on Passkeys: FIDO Paris Seminar.pptx
 

Making the Right Technology Investments for Your Practice

  • 1. Making the Right Technology Investments for Your Practice January 2010
  • 2. Agenda • Panel Introductions • Housekeeping Rules • Talk Introduction • Rob Gilpin/Webley MD: Using Automated Messaging to Enhance the Patient Experience • Greg Marcus/Patient Results Network: Best Practices for Results Reporting • Q&A
  • 3. Housekeeping Rules • Length: 60 minutes • Type your questions at any time • Q & A and gift card drawing will be held after our panelists’ presentations • Copies of presentations will be sent to participants
  • 4. Introductions • Moderator: Dr. Susan Linton • Panelists: • Rob Gilpin, National Sales Director, Webley MD • Greg Marcus, President, Patient Results Network
  • 5. Communications Technology & the Bottom Line • In 2008, Cisco Internet Business Solutions Group (IBSG) estimated that $3.4 billion, or $500,000 in nursing productivity per hospital, is lost annually due to “communication delays” • 85% of this loss can be avoided by using communication technologies 5
  • 6. How Do You Communicate with Your Patients? Real Time Non-Real Time • Phone calls • E-mail • Landline • SMS • Mobile • Voicemail • Voice over IP • Blogs • Instant messaging • Discussion boards • Conferencing • Audio • Web 6
  • 7. Automating Patient-Practice Communications Patients call PRN for test results & Receive appointment reminders from Webley MD • Lab results available • Voice, E-mail 24 hours a day automated • Eliminates phone reminders tag • Lowers no show • Access from rate by 30% Internet or phone • Better tracking of • Free trial Practices call cancellations, • No contract term confirmations PRN to record test results & Send appointments to Webley MD 8
  • 8. Using Automated Messaging To Enhance The Patient Experience Simplifying and Unifying Communications Through Technology
  • 9. Webley Corporate Overview • Founded In 1997 • Industry Pioneer in Advanced Speech Applications: • Virtual PBX & IVR • Unified Communications • After Hours Messaging • Broadcast Messaging (Voice, Text & E-Mail) • 5 International Patents in Advanced Speech • Support 50,000 + Active Customers • Delivering Over 180,000,000 Transactions Per Year • Dependable, Financially Secure & Growing • Numerous Awards For Technology Product of the Year Simplifying & Unifying Communications Through Technology
  • 10. What the Experts are Saying Of 2,000 + Practices Surveyed Physicians want to… • 25% report rise in patient no shows • Concentrate on patient care • 33% report decline in revenue. • Increase patient satisfaction • 35% currently have hiring freezes • Market their practices better • Generate additional visits 44% of practices reported a no- • Shorten their revenue cycle show percentage ranging from 5% • Increase office efficiencies to 10% per day In Today’s Struggling Economy…Practices Are Being Challenged To Do More With Less Resources Simplifying & Unifying Communications Through Technology
  • 11. Definition of Insanity: “Doing The Same Thing(s) Over and Over Again, But Expecting Different Results” Simplifying & Unifying Communications Through Technology
  • 12. The Full Service to Self Service Paradigm Simplifying & Unifying Communications Through Technology
  • 13. Examples of Self Service Applications in Medicine • Virtual Visits via E-Mail • Tele-Medicine • The Internet (WebMD, Google, CDC, etc.) • Automated Payment Options (e-Pay) • Practice Websites: • Basic Practice Information • Directions / Office Hours • Services Offered • Pre-Registration Forms • Prescription Requests • FAQ’s • Lab Results Reporting • Scheduling & Reminders Simplifying & Unifying Communications Through Technology
  • 14. Self Service Advantages • Reduce In & Outbound Phone Calls (Phone Tag) • Increase Office Efficiency • Reduce Operating Costs • Faster Response Times • 24 by 7 by 365 Day Service • Generate Revenue By Seeing More Patients • Improved Patient Satisfaction & Experiences • Redirect Efforts To Those With More Critical Needs • Harness Available Technologies • Technology Empowers The Patient To Do More • Competitive Advantage Simplifying & Unifying Communications Through Technology
  • 15. MGMA Practice Demands Survey Results Do you currently have a practice website: 81% Yes Do you see the internet as an effective tool: 93% Yes Assuming security is not an issue, do you see the Internet as an effective communications medium for: Pre-Registration 89% Yes Appointment Requests 79% Yes Prescription Requests 74% Yes Lab Results Reporting 79% Yes On Line Bill Payment 73% Yes Simplifying & Unifying Communications Through Technology
  • 16. MGMA Patient Demands Survey Results  81% of All Patients Have Internet Access  3.7 M Patients Communicate With Physicians On line  Patients Are Better Educated & Demand More Choices  Patients Want To Engage In Shared Decisions Patients Want the Ability To: 77% Ask Questions Without A Visit 71% Automatically Set Appointments 71% Order Prescriptions On Line 69% Receive Automatic Test Results 55% Indicated The Ability To Better Communicate With Their Doctors Would Influence Their Choice of Providers Simplifying & Unifying Communications Through Technology
  • 17. Lost Revenue Examples Manual Automated Savings Qty/Month Phone Calls $0.55 $0.15 $0.40 ? Postcards $0.50 $0.15 $0.35 ? Letters $1.00 $0.15 $0.85 ? Manual Calls: 25 PPD @ 21 days = $210 / month plus 10 hours labor Simplifying & Unifying Communications Through Technology
  • 18. The Power of Broadcast Messaging Message Types Multimedia Reach Benefits • Appointment Reminders • Landline Phones • Immediate Deployment • No Show Follow ups • Cell Phones • Low Cost • Interactive • Lab Results Ready • E-mail • Fully Automated • Account Balances • SMS Text • Language Options • Emergency Notifications • Delivery Confirmations • Preventive Health • Preference Based Marketing Reminders: • Messages are Fully • Flu Campaigns Customizable • Immunizations • Opt In / Opt Out • Easy to Deploy • Annual Check Ups • 25%+ No Show Reduction • MAM’s, PAP’s, PSA’s etc. • Immediate ROI • Money Back Guarantee Simplifying & Unifying Communications Through Technology
  • 19. Standard Appointment Reminder Hello, this is East Bay Medical. We’re calling to remind <Patient First / Last Name> of your appointment with us on <Day> <Month> <Date> at <Time>. If you are unable to keep this appointment for any reason, please call us as soon as possible at 503-456-7890 to cancel or reschedule. This will allow us to offer that appointment time to another patient. Again, that number is 503-456-7890. We look forward to seeing you! Simplifying & Unifying Communications Through Technology
  • 20. Sample Patient Response Options • To confirm this appointment, press 1 now. • To cancel this appointment, press 2 now. • To hear this message in Spanish, press 3 now. • To repeat this message, press 4 now. • For directions to our office, press 5 now. • To speak with our receptionist, press 6 now. Simplifying & Unifying Communications Through Technology
  • 21. Dr. Baum’s “No Shows Equal No Dollars” Investigate: Webley MD ROI Analysis: • Determine How Many No Shows & Why # of Patients • Identify Any Obstacles % of No Shows $ of Lost Appt Define High Risk Offenders: Current Methods • First Time Patients Booked In Advance • Repeat Offenders • Long Wait Times Prior To Date Of Appointment • Long Wait Times In Office Prior To Time Of Appointment • Medicaid / Self Pay Patients Solutions • Send Automated Appointment Reminders • Reserve Daily Time Slots in a.m. & p.m. for Urgencies & Emergencies • Reserve Daily Time Slots Just For New Patients • Instigate A Three Strike Rule • Always Book Repeat Offenders In Late Afternoon • Charge for Missed Appointments Source: Dr. Neil Baum • See Patients On Time Neurologist / New Orleans, LA Simplifying & Unifying Communications Through Technology
  • 22. Example of a Typical ROI for 3 Physician Practice Appointments Per Day: 75 Cost of Lost Appointment: $75 Average No Show Rate: 5% Total Monthly Revenue Generated: $118,125 Revenue Lost Based On 5% No Show: $5,906 Webley Recoverable Revenue @ 30%: $ 1,772 / Month Cost of Webley @ $99/Provider: $297 / Month Net Profit / Month: $1,475 Net Profit / Year: $17,699 Save Time, Money, Improve Office Efficiency & Patient Satisfaction! Simplifying & Unifying Communications Through Technology
  • 23. Webley MD Summary Patient Benefits • Increased access to caregivers • Enhanced patient experience • Shorter wait times Practice Benefits • Saves time & money • Improves cash flow • See more patients in less time • Reduce print & postage costs • Creates competitive advantage • More time to focus on pressing matters • Accommodates practices of any size • SAAS model, no equipment to purchase or administrate • Immediate ROI • Money Back Guarantee Simplifying & Unifying Communications Through Technology
  • 24. Communications Technology & Patient Care “The demand on physicians to see more patients in less time with less compensation requires more efficient operating strategies. By streamlining communications between doctors and patients, technology can help physicians more effectively manage patient care.” - Modern Physician, 1999 From Outbound to Inbound Initiatives…. 7
  • 25. Webley Pricing Examples Please contact your local Webley MD Sales Representative for information on pricing or call 866-220-9754. Simplifying & Unifying Communications Through Technology
  • 26. Best Practices for Results Reporting January 2010
  • 27. Patient Results Network Corporate Overview • Founded in 1994 • Innovator of automated lab results reporting service • Complete subscriber based model • Nationwide customer base • Many have been using PRN for over 10 years • Delivers thousands of results 24 hours a day Simplifying & Unifying Communications Through Technology
  • 28. Automating Test Results Reporting Benefits of Automated Test Results Reporting • Saves time versus making manual phone calls • Reduces inbound call volume • Cuts down on phone tag • Lets patients interact with the practice at their convenience (24/7 availability) without staff intervention • Delivers results securely, over the phone or online, while respecting patient privacy Simplifying & Unifying Communications Through Technology
  • 29. Costs of Not Automating Test Results Reporting Manual Test Results Reporting • “Improper communication of test results can increase risk of malpractice liability” - • No reliable means of tracking calls • Patient inquiries plagued by time consuming, inefficient process • Receptionist answers call • Provider needs to be found (interrupting workflow) • Charts need to be located • Phone tag is common • Patients ask questions unrelated to the test • Process repeated multiple times every day • Mailing results is expensive and time consuming • Need to type letter, address, seal, stamp • Costs at least $1 to mail letter • Delay in getting result to patient • Unclear if patient received results Simplifying & Unifying Communications Through Technology
  • 30. No News Is Good News? “A survey of 262 physicians found that only 41% were satisfied with how they managed test results. Most did not have explicit rules for notifying patients of results and many used the dangerous practice of telling patients that “no news is good news.” – Agency for Healthcare Research and Quality No news can lead to heightened patient anxiety Patients might not be getting important test results • Answering machine broken/full/off • Patients out of town • Kids rarely relay messages • Want to hear that everything is fine Simplifying & Unifying Communications Through Technology
  • 31. PRN Automated Results Reporting • Results can be recorded on a telephone or from the Internet 24 hours a day • Charts can be filed as soon as results are recorded • Patients can be called when results are available • Reports show the status of messages • Patients appreciate the convenience and improved communication of test results “An automated test results management system can improve patient satisfaction with communication of test results by their primary care provider.” - Archives of Internal Medicine – 11/12/07 Simplifying & Unifying Communications Through Technology
  • 32. Sample Patient Instruction Card ® Patient Results Network Instructions 1) Dial 1- 800 - 448 - 8520 ——— 1 week after your test (results will be available on the system for 2 weeks thereafter) 2) Enter provider code 1008 followed by the # key. 3) After Dr. Smith is verified TOUCH 1 4) Enter medical record number 123456 followed by the # key. You can cal l 24 hours a day, 7 days a week. ~FAMILY PRACTICE CENTER~ Simplifying & Unifying Communications Through Technology
  • 33. Everyone is Comfortable with PRN • Voice prompts in English or Spanish provide step by step instructions • Volume can be increased • Messages can be listened to numerous times Simplifying & Unifying Communications Through Technology
  • 34. Sample Report • Patient ID = ID number entered for patient • Date = actual date message was recorded • Time = actual time message was recorded • Duration = actual recording time in seconds • Days on System = days since originally recorded • Lib Number = R-0 means a personal message was recorded for the patient, C means a pre-recorded library message was used Simplifying & Unifying Communications Through Technology
  • 35. Retrieval Data From PRN Clients Simplifying & Unifying Communications Through Technology
  • 36. How PRN Works Practice gives PRN Tests are sent to Practice records card to patients the lab for Patients can call or results by calling with lab results processing. Lab go online to get PRN or going retrieval date sends results to their results 24/7 online. during office visit. practice. 4 Simple Steps Simplifying & Unifying Communications Through Technology
  • 37. ROI for a Typical 3 Physician Practice Manual Calls PRN Time spent on 30 results/day 90 mins 15 mins Time to report one result 3 mins 30 secs Labor cost per day $37.50 $6.50 * 10 results a day/MD = 30 results/day, a typical nurse earns $25/hr Simplifying & Unifying Communications Through Technology
  • 38. The Bottom Line Under a typical scenario for a 3 physician practice: • 20 working days a month • Labor cost of nurse calling patients: $750/month • Labor cost of nurse using PRN: $130/month • Monthly cost of PRN: $300/month • Monthly Savings with PRN: $320/month net BOTTOM LINE: PRN Costs You Nothing Simplifying & Unifying Communications Through Technology
  • 39. Summary • Available 24 hours a day • Eliminates phone tag • Access from Internet or phone • No special hardware or software required • Free trial • No contract term • At $100 a month per provider how can you go wrong? Simplifying & Unifying Communications Through Technology
  • 40. Webley Rob Gilpin / National Sales Director 866-220-9754 rgilpin@webley.com www.webley.com Patient Results Network Greg Marcus / President 800-613-9050 ext. 24 greg@patientresult.com www.patientresult.com Simplifying & Unifying Communications Through Technology