Type:
Preconference Forum
Session ID:
VIR-5
Title:
Evaluating the Return on Investment with Virtual Care
Cost:
This session is part of the Virtual Care Forum agenda, and requires additional registration.
Description:
In this session, our expert panel will offer a detailed, step-by-step framework designed to demystify the return on investment associated with integrating virtual care technologies. We'll delve into the nuances of measuring both the direct and indirect benefits, balancing these against the incurred costs. We will cover a broad spectrum of virtual care tools, including video consultations, remote patient monitoring, patient engagement platforms, and asynchronous communication technologies.
Additionally, we will critically examine real-world case studies. These analyses will highlight key factors that influence the return on investment (ROI) in different healthcare settings. By combining theoretical knowledge with practical examples, this session aims to equip healthcare professionals, administrators, and technology enthusiasts with the necessary tools to make informed decisions about investing in virtual care technologies.
This session will analyze the impact of virtual care on healthcare costs, explore the evolving reimbursement laws, and reveal strategies for creating new revenue streams. Understand the timeline for telemedicine ROI and discover patient education strategies for seamless adoption. Join us to gain comprehensive insights into the economic implications of virtual healthcare without missing this transformative opportunity.
Learning Objective #1:
Analyze the impact of virtual care on healthcare costs, the evolving reimbursement laws, and strategies for generating new revenue streams
Learning Objective #2:
Interpret various case studies of virtual care implementation, identifying key factors that contribute to successful ROI and recognizing common pitfalls to avoid
Learning Objective #3:
Apply theoretical knowledge in practical settings, enabling participants to effectively assess the ROI of virtual care tools in their own healthcare environments, considering both financial and patient-centric outcomes
Learning Objective #4:
Understand the step-by-step methodology for evaluating both the direct and indirect financial impacts of virtual care technologies, including cost-saving mechanisms and revenue-generating potential