According to the Centers for Medicare and Medicaid Services, in 2005, the 297 million individuals living in the U.S. each incurred an average of $6,697 in healthcare expenditures — expenditures that are paid for by both private and public programs. Public programs are financed by many different public entities, including the VHA and CMS. The VHA operates the largest integrated healthcare system in the U.S., with 155 hospitals, nearly 900 outpatient clinics and 135 nursing homes and more than 5.4 million veterans treated annually. CMS has the largest share in public healthcare programs. In 2005, CMS financed $661 billion in healthcare services, accounting for one-third of the total U.S. healthcare bill.

Many ask what is causing these expenditure increases and what can be done to fix, or even diminish, the problem. The Institute of Medicine’s (IOM) report, Crossing the Quality Chasm, highlighted the large gaps in care that our current medical system has in adequately supporting individuals with chronic conditions. With tighter budgets and a rapidly growing aging population, both the VHA and CMS are challenged to comply with and operationalize federal mandates to provide healthcare services to older adults, indigents and veterans — some would argue our riskiest populations.

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Pharos is now nationally contracted with the VHA under the General Services Administration.

Contact us at Pharos@pharosinnovations.com or your VISN lead for more information about how to get started increasing your Veteran population’s access to telehealth today.

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Partnering with our Government for Clinical and Financial Performance Improvement

Government healthcare entities such as the Veterans Health Administration (VHA) and Centers for Medicare and Medicaid Services (CMS) are not immune from the challenges faced by the private sector.Tighter Budgets, Rapidly growing aging populations, care accessibility issues and high costs impact the ability of CMS and VHA to meet federal mandates for providing healthcare services. In fact, due to the populations served, our government may be facing even tougher challenges.

The Pharos Solution

Through thoughtful implementation of our enabling technology platform that improves care coordination, processes, efficiencies and access to care, we help our government clients improve financial performance, care quality and the impact of all telehealth initiatives. Pharos is currently participating in two of the 10 CMS Physician Group Practice Demonstrations for chronic care treatment improvement and is working with VHA VISN offices to implement Tel-Assurance in their Veteran populations.

There is no other remote monitoring solution like the Pharos Solution. Our difference includes:

Device-free, technology-based, enabling platform

Tel-Assurance is a cost-effective, technology-based platform solution that does not use special equipment. Participants use any available telephone (land line, cell phone or payphone) or internet connection and basic health measurement tools, such as a generic bathroom scale or glucometer, to gather and report basic symptom information. This means that system access remains high, the cost remains low and your care managers do not have to deploy or retrieve any equipment, worry about equipment infection control issues or worry about special equipment to accommodate language, vision or literacy impairment challenges.

A recent article in eweek.com reported that remote monitoring can save money (an estimated $4 billion/year in heart failure expenses alone) and lives, but that the equipment that most remote monitoring companies use is hard-to-operate and too expensive at an estimated $150 per month.

Seamless integration

Tel-Assurance can flexibly integrate with your other care coordination/health management documentation systems. This means that there is no need for duplicative documentation or charting.

Tel-Enrollment turn-key enrollment and retention (optional program)

Unlike other remote monitoring companies, Pharos partners with you to maximize the success of your program through a Pharos-managed enrollment and retention campaign to encourage maximum program participation.

Proven

Our solution is the most proven solution available. Some of our third-party validated results include:

  • $5 million savings to Medicaid, equaling $13,500 savings per participant per year, in the Iowa Medicaid Congestive Heart Failure Population Disease Management Demonstration
  • 2.5 point reduction of HbA1c levels within six months in a statewide study of a diabetic population at a large regional healthcare entity
  • Virtually eliminated 30-day readmissions in a heart failure pilot with a statewide Medicaid Population
  • Adding Tel-Assurance to existing case management at a renowned cardiology institute reduced the average length of stay and eliminated 30-, 60- and 90-day readmissions
  • Results of a study of 226 heat failure patients in five centers in a rural state showed:
    • 4.83 out of 5 patient rating that participation was beneficial in improving quality of life
    • Three- to five-fold increase in workload capacity (from 75 to 375 patients per case manager)

Learn More
Collaborative Forum

Visit Pharos' new blog on the issues that will get us closer to transforming our healthcare delivery system.

Virtual Pharos

Chicago Business Today Features Pharos Innovations on Healthcare Reform View video news clip of Lisa Leiter's interview with Pharos' CEO on shaping healthcare delivery system reform.

Pharos Findings

South Jersey Healthcare Seeks to Reduce Readmissions, Improve Quality - Preliminary results show an 83% reduction in avoidable admissions and .5 day decrease in average length of stay per admission.

Henry Ford Health System Reduces Costly, Avoidable Admissions - Results show 36% admissions reduction in HF program participants and return of 2.3:1 vs. program costs.

Inova Mount Vernon Hospital Reduces Hospital Admissions - Admissions reduced in HF program participants by 75%; includes preliminary results using Tel-Assurance®

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