The Hippo Virtual Care platform makes it easier for providers to see more patients in the same amount of time while also expanding and upskilling the workforce by decreasing the cost of training. Hippo also helps unlock the full potential of specialists, the most expensive and scarce resource in healthcare. Here are five ways in which we are transforming the healthcare experience.
Nephrology, like many other medical specialties, is facing a critical shortage of providers. The ongoing COVID-19 pandemic has only increased this burden as kidney injury from COVID-19 occurs in as many as 43% of patients in some hospitals, and is associated with significant morbidity and mortality rates. The resulting demand increase for dialysis has pushed providers and staff to their limits, in a medical specialty that already experiences high turnover rates.
Over the past decade, the focus of healthcare has slowly begun to shift from treating diseases to preventing their occurrence and maintaining good health. In order to achieve this, providers need a deeper understanding than what lab tests and physical examinations alone can provide.
Virtual care has helped physicians and specialists break down barriers to delivery of care by bringing the care to the patients, no matter their location, instead of bringing the patient to the care center. Hippo Technologies is on a mission to bring access to high-quality care to everyone, everywhere.
The US healthcare system is facing significant caregiver capacity challenges. Over the years, the growing healthcare provider shortages have created an unsustainable burden on caregivers. Nationwide, the US is short of 110,000 physicians and 140,000 nurses.
The use of virtual care has skyrocketed over the past year. A survey by McKinsey and Company found that while virtual care utilization is beginning to level out, it remains 38 times higher than before the COVID-19 pandemic.
The COVID-19 pandemic led to drastic decreases in health spending over the last year as patients and providers were forced to delay routine care – leaving many hospital systems with significant revenue deficits. The Kaiser Family Foundation estimates that many hospitals will continue to face declining revenue amidst the lingering economic crisis. In these uncertain times, Hippo Virtual Care can help decrease hospitals’ overall costs, while simultaneously increasing revenue potential.
It comes as no surprise that the COVID-19 pandemic will have lasting impacts on healthcare systems worldwide. Seemingly overnight, healthcare delivery changed from in-person to digital, transforming the norm. Providers who had previously been slow to adopt virtual care models had to quickly scale up programs to reach patients and ensure the continuation of their clinics during a time of unprecedented change.
Virtual care is building a fifth wave of digital innovation in healthcare, enabling patients and providers more control over their data and care. Seattle-based Hippo Technologies, Inc. is revolutionizing virtual care and medical education with next-generation wearable technologies that transcend conventional boundaries, helping serve patients across the globe.
The way healthcare is delivered has gone through dramatic changes over the past few years, and these changes have been accelerated and cemented during the pandemic. With the increasing integration of technology and healthcare, data security is a growing concern for patients and providers alike.