MedCity News: An Innovative Return on Investment Methodology that is Honest and Reliable Summus March 20, 2023

MedCity News: An Innovative Return on Investment Methodology that is Honest and Reliable

Mary Mulcare, MD, Summus Chief Medical Officer, is featured in MedCity News, sharing insights on the need for replicable, high-integrity ROI methodologies that accurately capture the true cost and harness the complexity of specialty care to support more cost-effective health outcomes.

Today, specialty care drives the majority of cost and complexity in healthcare. The focus on return on investment (ROI) of medical solution investments will be fundamental to benefits selection moving forward, yet many healthcare platforms use outdated, trend-based methods to calculate ROI. It is apparent that a new ROI methodology—rigorous, robust, and resilient to scrutiny is needed.

Virtual specialty care affords people the opportunity to receive personalized clinical guidance that helps them make well-informed decisions about their health. Readied with education and information can alter the trajectory of a person’s health journey through a change in diagnosis or procedure—or in avoiding unnecessary in person visits to specialists, emergency departments, and urgent care centers, which also has an impact on productivity. These adjustments can drive significant medical cost savings, both in the short- and long-term, and can improve health outcomes and quality of life for patients.

Read the full article here.

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