In this blog post: Discover how hospitals are using remote EEG services for seizure management to increase revenue, reduce costs, and improve patient care. Here are six proven strategies for maximizing ROI with telemedicine EEG.
With five years in telemedicine and remote EEG reading, I’ve seen clear benefits for hospitals that use remote EEG services. Of course, there is also a benefit for their patients. However, there are reduced costs and increased revenue for hospitals.
- To start, hospitals will reduce costs of hiring epileptologists or epilepsy trained neurologists and instead have telemedicine EEG, or remote EEG readers.
- Remote EEG interpretation is paid a flat fee while hospitals retain the technical component of EEG billing, which is in most instances much higher than the reading fee.
- In addition, hospitals can also retain EEG insurance reimbursement, providing additional revenue.
- Having remote EEG services in place attracts more neurology cases to that hospital. In fact, I have witnessed other hospitals without remote EEG transferring their patients to the hospitals with EEG.
- The real bonus is that there are fewer patient transfers. I have seen hospitals without an EEG where they had to transfer patients out to tertiary centers. Studies site savings of over $39,000 in transportation costs alone for a cohort of patients.
- In addition, there are shorter ICU and hospital stays, further reducing costs for hospitals, when seizures are identified and managed promptly and appropriately using remote EEG.
Conclusion:
Therefore, in summary, 6 ways remote EEG services benefit hospital are by reducing staffing costs, increased reimbursement for EEG services, increasing revenue by avoiding hospital transfer costs , shortening hospital stay/ICU cost reduction, and service expansion from attracting neurology referrals.
