Now more than ever, hospitals and physician practices have to focus on the business aspects of healthcare. Simply put, healthcare organizations of all sizes are challenged to drive additional revenue while keeping expenses in check. In modern healthcare, people have choices about their healthcare providers, but many times are not aware of available providers or facilities. Oftentimes, the selection of hospital and provider is based on word-of-mouth, physical proximity or another unpredictable variable.
PREMEDEX helps hospitals and physician practices alike drive revenue through ongoing patient conversations from post-discharge follow-up and other patient engagement services. Patient acquisition is very important in an increasingly competitive healthcare marketplaces. And for hospitals that participate in 340b programs, there is an essential requirement to meet certain thresholds for 340b funding that can often be a material part of the hospital’s financial plan.