The Future of Health is: Home Care.
We are nearing the end of 2018 and what have we learned? Our population is rapidly aging, in fact faster than at any time in history. Advances in medicine and education have resulted in better health management resulting in an extended lifespan.
The average life expectancy for a Canadian male is 80 and a female is 84. Although we are living longer, our ability to perform key health functions, defined as functional health, markedly declines around age 77. This decline places enormous pressures on an already strained health care ecosystem.
Older individuals are less mobile, they drive less, they are less self-sufficient, they are less socially active and they consume most of our health care dollars and pay less tax. The burden placed on those entering the workforce and those still in the workforce, increases to the point of unsustainability. Solutions must be found to reduce cost, increase care delivery, and improve quality of life for both patients and caregivers.
A poll by the Canadian Medical Association showed that 80% of those surveyed were of the belief that the quality of healthcare would decrease due to the increased demands from the baby boomer generation. They also showed that over 70% of respondents worried that they wouldn’t have the money to maintain their health as they aged.
A published report on Healthcare costs in Ontario revealed that caring for a patient at home saved 95% of costs when compared to hospital care. Even further, caring for terminally ill patients in an acute-care hospital is estimated to cost over 40% more than providing care in a hospital-based palliative-care unit, more than double the cost of providing care in a hospice bed, and over 10 times more than providing at-home care.
The short answer is: Stay at home. Technology has been around sufficiently long and has advanced to the point where even grandparents are comfortable using tablets. Home health devices measuring blood pressure, heart rate, SpO2, glucose, temperature, mobility and even medication adherence are commonly available. Telemedicine is on the rise in almost every developed nation and almost everything a physician needs to monitor and diagnose remotely, is available today.
Look at the RxPense and its fantastic feature set. An automated, multilingual, IoT connected pill dispenser, with Bluetooth sensors, WiFi, HD touch display and voice biometrics. It has all the components of, and is at its core, a home health hub, specifically designed for seniors. Physicians, patients, caregivers and administrators are all connected via the cloud and more importantly, notified as required of any event or anomaly. Placing an RxPense in a senior’s home is results in a huge cost saving for our healthcare system, provides quick, immediate care for those in need, increases medication adherence (keeping patients out of hospital longer) and results in a better quality of life.
Seniors with, or without, caregivers are more comfortable at home, do not need transport, and consume 90% fewer healthcare resources than visiting a hospital. Let’s do the math, we can treat 9 more patients at home, in less time and cost than our current standard.
Dr. Topol wrote a fantastic guide, “The Patient will See you Now”. At Medipense, we believe the location should be qualified, “at home”!