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How Telemedicine Software can Save Time, Money, and Lives for Providers

How Telemedicine Software can Save Time, Money, and Lives for Providers

You always hear how telemedicine software can save patients. Even our healthcare industry can also save
money and time significantly. How about the care providers then? Can telemedicine software prove to be a
smart step to take care of your practice’s health? The quick answer is yes. After all, time is money.


Wondering how telehealth be the future of healthcare for providers by making the practice cost-effective?
Here it is. The article discusses how telehealth can help you save not only time and money for providers but
also lives as well.


For Providers


Saves Time


Not only patients but physicians also consume a lot of time to reach their respective clinics. Hence, they
might miss the appointments or change their schedule. With telehealth, physicians can retain the existing
patients and increase the inflow of new patients by providing immediate timely care.


In case of missed appointments, the physicians have the option to reschedule with a telehealth solution at
their own convenience. They can even leave their practice a few hours earlier and proceed with
consultation from the comfort of their homes.


Thus, physicians can make use of their time effectively while reducing no-shows by offering telemedicine
services.


Saves Money


Did you know? Missed appointments cost more than $150 billion per year. Thus, physicians lose money
whenever their patients miss appointments.


Time is money for physicians. With telemedicine software in place, they can handle more virtual
consultations than direct consultations in a given time. Furthermore, return on investment (ROI) will be
more for offering telehealth services since they can avoid transportation costs.


In case the staff is paid hourly, physicians can shorten their practice hours by working from home which will
ideally put a little money in their pockets. They can save on utilities and other expenses associated with
their clinic maintenance.


Above all, physicians can now get reimbursed by the CMS (Centers for Medicare and Medicaid Services)
for offering telehealth services. Less investment, more profit!


Saves Lives

 

As physicians experience burnout issues due to stress, long working hours, and extensive paperwork, they
were unable to spend quality time with their patients. They have to focus more on their organization’s
profitability where they lose enthusiasm for work. As a result, there was an increase in the possibility of
medical errors along with a reduction in overall patient satisfaction scores.


With telehealth software, providers get an opportunity to save the lives of more patients by offering timely
care. As they can efficiently manage their consultations, there will be an improvement in patient
satisfaction scores followed by a more retention rate.


Takeaway


When it is evident that telemedicine is going to be the future of healthcare, shouldn’t you think about
implementing it? Opt for telemedicine software development if not done before.


HealthSoul, the right partner for telemedicine software development, offers a personalized secure
telemedicine platform for high-quality video consultation without any need for downloads. Furthermore,
this telemedicine software adapts easily according to any device.


As a result, providers can consult more patients in a given duration and boost their practice revenue. Your
patients’ satisfaction scores will also get improved. Ultimately, there will be a lesser burden on the overall
U.S. healthcare system by offering coordinated care via telehealth. Isn’t it a win-win situation for both
patients and physicians? So, reach out to Health Soul right away and get telemedicine software
implemented as per your requirements.


References


https://www.healthcarefinancenews.com/blog/insight-tackling-healthcares-costly-problem-missed-
appointments

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