Summary
How TytoCare is Empowering Value-Based Care Models through Virtual Care
Introduction:
In this episode, Elizabeth Hyatt, Director of Payer Solutions at TytoCare, discusses the success of introducing Tytocare and what it means for their partners. TytoCare is a remote medical examination platform that enables patients to be examined at home and consult with a doctor remotely.
The Role of Virtual Care in Value-Based Care Models:
In the podcast, Elizabeth Hyatt emphasizes that virtual care is crucial to empower value-based care models. Virtual care generates the data and insights needed to succeed in these models, improves access to care, and serves as an additional care delivery layer within a larger technology stack. TytoCare specifically enables value-based care models by delivering remote high-quality care visits with its home smart clinic, providing AI-backed clinical decision support, and offering patient engagement tools.
Tremendous Success of TytoCare:
Elizabeth discussed the tremendous success of TytoCare in value-based care programs. The platform has seen a 98% visit resolution rate, a 7-15% drop in total cost of care, and high NPS scores between 73-85. Utilization rates for virtual care are 3x-10x higher than industry standard. TytoCare’s goal is to empower members to make the most appropriate healthcare decisions by providing them with custom member journeys.
Conclusion:
TytoCare is revolutionizing value-based care models by providing a remote medical examination platform that enables patients to be examined at home and consult with a doctor remotely. With the tremendous success rates of their platform, TytoCare is empowering both patients and healthcare providers to make the most appropriate healthcare decisions.
Note: This is an AI generated transcript, not edited by a staff writer and is solely intended for educational purposes. If you have any questions/concerns, reach out to podcasts@beckershealthcare.com
This episode aired on 03/06/2023 and can be listened here.
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