*Sponsored Feature* Local Company On the Forefront of Telehealth Services
Feb 21, 2016 04:28PM
● By MED Magazine
If you, your practice, or healthcare system are considering adding telehealth to your current offerings, have begun evaluating software solutions, or are utilizing telemedicine but looking at new or better solutions, then you need not look further than your own backyard for the industry’s up and coming telehealth company – Qvidity.
Qvidity, formed in 2014 by Dr. Jeremy Storm (a local infectious disease physician and telemedicine specialist) and Brian Brua (owner, Fused Interactive) is a telemedicine software and consulting company based in Sioux Falls, SD. Qvidity licenses its proprietary telehealth platform, Qvidity Direct, to doctors, medical practices, hospitals, and other healthcare organizations to use with their providers and for their patients.
“We believed in 2014 that telemedicine would not only be rapidly adopted, but would go mobile. As it turns out, we were right.”
Features of Qvidity include HIPAA compliant video, secure messaging, secure photo, scheduling, and payment processing. Qvidity is browser neutral, device neutral, practice neutral, and EMR neutral. “We built a truly universal solution, that any healthcare provider can use for any conceivable visit type.” Qvidity can be utilized not only on mobile devices, such as tablets and smartphones, but also fixed equipment including Polycom cameras and other hard-wired devices. “Because of its versatility, we get calls from potential clients and industry leaders nearly every day,” Dr. Storm says.
Prices range from $30-$70/month per using provider. Qvidity’s branded (white label) subscription platform starts at $50/month. For new clients, Qvidity charges either a one-time branding/launch fee or a free launch option with a per visit fee. “Our prices are what we believe a physician would reasonably want to pay to have a telemedicine solution.” Dr. Storm states that with even minimal use, providers can profit from Qvidity. “Other solutions are priced so high that they are a loss leader. Our business model is different. We want our clients to profit from using telemedicine in their practices.”
Dr. Storm states that 2015 saw the approval of over 200 bills related to telehealth. Studies show that not only are patients and providers ready to adopt telemedicine, but that telemedicine will save the U.S. economy billions of dollars annually. CMS, Medicare, the VA, and private insurers are rapidly loosening regulations and improving reimbursement. “Up until now, telehealth was too costly, poorly reimbursed, and had serious technology limitations. The tide has now turned, with improved reimbursement, ready technology, and patient demand.”
Telemedicine utilization is expected to increase dramatically over the next 5-10 years, with most doctor visits occurring remotely via connected devices. “You will no longer have to sit and wait at the doctor’s office. You will see your doctor from the convenience of work or home.” Telemedicine is also seen as having the potential to revolutionize healthcare in remote and underserved areas, including developing countries. “We provide telehealth functionality not only to regional and national clients, but are expanding into the international market as well.” Qvidity does this thru the use of language translation technology, which is a standard offering of its “Executive” subscription platform.
Qvidity’s clients include providers from multiple specialties including internal medicine, family
medicine, urgent care, infectious disease, general surgery, dermatology, plastic surgery, pediatrics, gastroenterology, ob-gyn, and psychiatry to name a few. While hospitals and healthcare systems have adopted telemedicine at a faster rate than small to medium sized practices, Dr. Storm states adoption is expected to double year over year throughout the industry and into all segments. “ACO’s and large healthcare systems were early adopters, but we are seeing a growing demand among small to medium sized hospitals and medical practices.” Dr. Storm says that the use of Qvidity’s technology could even expand into non-healthcare related businesses, such as banking, law, and other types of sales and consulting. “If a company has a need for secure messaging, secure video, scheduling, and payment processing, we can service them,” Dr. Storm says.
In addition, Qvidity provides professional consulting related to telehealth. “We assist our clients with understanding state and national law, scope of practice, and how to grow a robust and profitable telemedicine service line.” Qvidity is also partnering with regional and national sales groups, consulting companies, medical associations, and the pharmaceutical industry. “Our timing couldn’t be better, and we are excited to be a part of the growing healthcare revolution.”
If you or your healthcare organization is interested in telehealth, telemedicine, and mobile health, then consider Qvidity –the premier telemedicine software and consulting company right here in your own backyard.