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Health plans provide their clients with multifaceted value propositions to help them better manage healthcare costs. As costs continue to rise, access, continuity and quality decrease, making this increasingly challenging.

Solutions that increase care access, care quality and patient health literacy and provide immediate financial performance improvement and return on investment are needed.

Through thoughtful implementation of an enabling technology platform that improves care coordination, processes, efficiencies and access to care, Pharos helps our health plan clients improve financial performance through decreased medical expenses and full time employee utilization and improve member satisfaction.

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)