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PWeR, Inc.®, a Portfolio Company of OXIO Health®, Announces Early Release of its Telemedicine Module in the PWeR EHR Platform
Greenacres, Florida, USA (October 26, 2020) – OXIO Health, Inc.® (“OXIO”) announces today that its Portfolio Company, PWeR, Inc.®, has completed final Alpha testing of its’ new telemedicine module. PWeR® is a patented (patent pending), award winning, patient-centered Electronic Health Record (EHR). This new feature has been introduced to live testing and has received excellent reviews. PWeR will be undergoing further enhancement and upgrade during preparation for recertification in 2021. Noel J. Guillama, President of OXIO commented, “COVID-19 has crystalized the demand for Remote Patient Care. This demand has brought […]
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The 21st Century Renaissance: A New Healthcare in the United States (Part 9)
The 21st Century Renaissance: A New Healthcare in the United States (Part 9) How Will Physicians Recover Post-COVID 19? In our previous blog, we closed it with the warning, “Doctors will only survive if, and when, they realize that the outdated business model of the 20th century will not work. We have ‘crossed the Rubicon’ and we cannot return to a pre-Covid healthcare system.” It has been six (6) months since many parts of the United States started to lock-down and self-quarantine. In the U.S., the death rate has dropped […]
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The 21st Century Renaissance: A New Healthcare in the United States (Part 8)
Can Physicians Recover Post-COVID 19? Today, it seems that most of the headlines in healthcare are extremely bleak; overall, the financial health of most physicians show they are in bad shape and getting worse. In previous blogs, we noted the primary reason is the dependence on an outdated, 20th Century model, of both patient care (we will call it analog based) and payment built around a Fee-for-Service (FFS), or encounter-based, practice of medicine. In this model, the more often a doctor sees a patient effectively determines what can be billed; […]
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The 21st Century Renaissance: A New Healthcare in the United States (Part 7)
Can Physicians Recover Post-COVID 19? In the early 1990s, we witnessed the emergence of the Physician Practice Management (PPM) industry. In 1990, there was just one (1) public company and by 1999, there were 36. Most failed due to largely flawed business models and the result of not understanding the core business and physicians (topic for another day). Only a few of these early companies survived into the early 2010s. There were two (2) categories of companies that survived: (1) highly specialized physicians, some were pediatric (and associated specialist), and […]
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The 21st Century Renaissance: A New Healthcare in the United States (Part 6)
In Rebuilding the U.S. Healthcare Delivery System, Can Physicians Recover Post-COVID 19? According to the Primary Care Collaborative (PCC), an industry association, physicians, in general, and primary care physicians in particular, are in extreme distress. According to the US government statistics, the largest distribution of the Payroll Protection Program (PPP) loans went to a broad spectrum of healthcare and social services employers. Approximately 13% of the funds were distributed to healthcare and healthcare-related organizations. Of those, 23,000 medical groups received loans of more than US$150,000 each. We can find very […]
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The 21st Century Renaissance: A New Healthcare in the United States (Part 5)
Rebuilding the U.S. Healthcare Delivery System Last week, we discussed our expectation that the 40 to 50 year old, encounter-based payment model or as we have called it today the “Fee For Service” (FFS) payment model, may not be dead; however, it is certainly on its last gasp. We also noted how providers can be compensated for patient care, even when they don’t see them. In case you missed last week’s discussion, be sure to give it a read: The 21st Century Renaissance: A New Healthcare in the United States (Part 4) […]
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The 21st Century Renaissance: A New Healthcare in the United States (Part 4)
How does a COVID-19 United States Healthcare System Rebuild? With each passing week, we are continuously seeing the United States national healthcare system being knocked to its knees. We have never seen an impact bring the entire healthcare industry in the United States to its knees before in the last 75 years; not regional wars, not recession or even economic crisis. In very few areas, we have witnessed hospitals above capacity, yet still losing money. Even though the United States government guaranteed that all hospitals and providers would be […]
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The 21st Century Renaissance: A New Healthcare in the United States (Part 3)
How does a COVID-19 United States Healthcare System Rebuild? Thank you for the great responses to and continued support of Parts 1 and 2 of this series. We are pleased by the support of our post-COVID framing of the issues within healthcare. Our last couple of blogs have been a little depressing; however, maybe that is what healthcare really needs. As I walk throughout my neighborhood in a community called a “forest” (mainly because of it’s amazing number and variety of trees), I’ve noticed that my community is not producing […]
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