Nearly 14% of Medicare patients discharged to a skilled
nursing facility (SNF) after a hospital stay are readmitted to the hospital for
conditions that could have been avoided with better care, according to MedPAC
analysis. A collaborative effort between the Partnership for Patients and the
Center for Medicare and Medicaid Services (CMS) aims to reduce hospital
readmissions by 20% and save the healthcare system tens of billions of dollars
in upcoming years. MIT Holding has a complementary approach: a single source of
high-quality, low cost need-fulfillment for patients provided during their
at-home recovery.
Research shows that sufficient homecare recovery after a
hospital stay can drastically reduce mental and physical stresses on the
patient, minimize the length of recovery and associated costs, and reduce the
risk of hospital re-admission and hospital acquired conditions.
MIT Holding has built its business model around this
concept, and works through its growing network of accredited agents,
facilitators and contractual obligations to operate as a single-source provider
of professional outpatient medical care including pharmaceuticals, intravenous
infusions, medical management services, and in-home or ambulatory center
therapies, in addition to home medical equipment for sale or for rent.
The company also provides expert legal, accounting, advisory
and educational services to physicians, medical centers, hospitals, small and
large businesses regarding the Affordable Care Act; offers travel and
transportation services of medically challenged patients for medical needs and
personal travel; and through its contracts is approved to, conduct and
administer FDA clinical trials.
Furthermore, as an accredited healthcare provider, MIT is in
full compliance with major U.S. health insurance requirements and is therefore
able to direct bill and receive payments from carriers on behalf of the patient
its agents and its facilitators.
In June, 2014, MIT achieved its first profitable quarter in
six years, and each company subsidiary is now operating with objectives of a
32% net profit. This profitability validates MIT’s approach to the evolving
Affordable Health Care Act as well as the company’s impact on patient recovery
and the broader healthcare industry.
MIT recently completed successful beta testing of its
concept in Georgia and now plans to expand its first-of-its-kind approach
nationwide via one acquisition per each quarter of 2015. The company’s broader
business model is focused on building shareholder value, revenues and corporate
expansion while providing viable solutions to the changing care sector.
For more information, visit www.mitholdinginc.com
About
QualityStocks
QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. We offer several ways for investors to find, evaluate, and learn more about investing in these companies.
QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. We offer several ways for investors to find, evaluate, and learn more about investing in these companies.
Sign up for “The QualityStocks Daily Newsletter” at www.QualityStocks.net
The Quality Stocks Daily Blog http://blog.qualitystocks.net
The Quality Stocks Daily Videos http://videocharts.qualitystocks.net
The Quality Stocks “Ones to Watch” http://gotstocks.qualitystocks.net
Please see disclaimer on the QualityStocks website: http://disclaimer.qualitystocks.net
No comments:
Post a Comment