NetworkNewsBreaks – ORHub, Inc. (ORHB) Driving H
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Posted On: 06/30/2017 6:29:35 PM
NetworkNewsBreaks – ORHub, Inc. (ORHB) Driving Health Care Cost Reduction of Up to 40% with Value-Based Software
Health care software-as-a-service company ORHub, Inc. (OTC: ORHB) was featured in a recent case study evaluating the value of its innovative platform at the Hoag Orthopedic Institute (HOI). Among the highlights from the study, researchers found that, by leveraging Microsoft Azure intelligence and analytics, ORHub is capable of helping medical providers achieve cost efficiencies of as much as 40 percent while simultaneously driving closure of reimbursement gaps. The significance of these potential savings is reinforced when studying current health care expenditures in the U.S., which exceed $3 trillion annually and account for roughly 17 percent of GDP. ORHub’s research indicates that about 50 percent of that spending can be attributed to surgical procedures. “If we can achieve that with the cost of surgeries across the U.S. health system, that equates to USD $250-$350 billion saved every year. That’s greater than the gross domestic product of Finland,” Chief Technology Officer Wesley Mitchell noted in a recent news release.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Health care software-as-a-service company ORHub, Inc. (OTC: ORHB) was featured in a recent case study evaluating the value of its innovative platform at the Hoag Orthopedic Institute (HOI). Among the highlights from the study, researchers found that, by leveraging Microsoft Azure intelligence and analytics, ORHub is capable of helping medical providers achieve cost efficiencies of as much as 40 percent while simultaneously driving closure of reimbursement gaps. The significance of these potential savings is reinforced when studying current health care expenditures in the U.S., which exceed $3 trillion annually and account for roughly 17 percent of GDP. ORHub’s research indicates that about 50 percent of that spending can be attributed to surgical procedures. “If we can achieve that with the cost of surgeries across the U.S. health system, that equates to USD $250-$350 billion saved every year. That’s greater than the gross domestic product of Finland,” Chief Technology Officer Wesley Mitchell noted in a recent news release.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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