Digitization of Health Records from a consumer perspective
Digitization of Health Records from a consumer perspective
Digitizing health records from a consumer perspective to empower them and health care providers for high-quality care, using open, scalable, and cloud-based EHR solutions with easy access at a lower cost.
17 yrs in Health Tech, US Corporation, Handling more than 4 Million Patient Records, ONC Stage 2 Certified US based Platform
HC Connect Patient Centric Portal offers an online Personal Health Records service to patients and providers, We take the responsibility of manageing the technology routines that will enable the automatic transfer of patients’ health records from providers’ EHR systems to our portal and vice versa.. Our Portal typically seeks participation from both providers and consumers. A provider participates by uploading its patients’ records to HC Connect. Once records are on our portal, the consumer can gain electronic access to her records. Having HC Connect account reduces the cost a patient incurs when transferring health records to a new provider. All the patient needs to do is to either grant appropriate access rights to the new provider (if that provider is on the HC Connect) or download the records and submit them either electronically or physically (if that provider is not on HC Connect).
In the health care provider market, if a patient has established a provider-patient relationship that involves a complete medical history stored by that provider, and thus faces "switching costs" when changing providers. These costs can include re-establishing a medical history through requesting copies of records from the previous provider and delivering them to the new provider, filling out forms at the new provider’s office, as well as repeating certain tests in case previous test results are missing, incomplete, or simply deemed uninformative or unacceptable by the new provider. Pre exiting condition patients who consider receiving care from a new provider weigh the utility gain from switching to a preferred provider on the one hand and the associated cost of the process on the other. In subscribing to Health Connect its simply enabled at negligible costs.
The key driving force Patient Centric Electronic Health Data Portal lies in Prisoner's dilemma characterization of EHR adoption which is that consumers' (Patients) choices across competing providers depend on prices, switching costs and the perceived difference in values, adoption of EHR by one provider translates into equal but opposite sign changes in operating income for the two providers, and that provides a potential incentive to adoptas HC Connect based EHR implementation costs are not too high. It also provides an incentive for the second provider to adopt if one provider has already adopted EHR. When both providers adopt EHR, providers' relative competitive position is unchanged, their price elasticity of demand is unchanged, and thus equilibrium prices are the same as before. However, given positive implementation costs to generate the benefits of EHR, it follows that profits for each provider are lower when both adopt EHR.