24-Hour Patient Vigilance System Now Available to Nearly 30 Percent of
HONOLULU, Sept. 10 /PRNewswire/ -- In a move unparalleled in modern healthcare, Hoana Medical, Inc. and several Hawai'i unions are taking on patient safety by challenging traditional thinking around what benefits will and won't be covered by insurance companies. Whereas typical healthcare insurers like Blue Cross and Blue Shield, or their franchise in Hawai'i, the Hawai'i Medical Service Association (HMSA), decide what constitutes an eligible insurance benefit, several union health and welfare trust funds have decided that, rather than cut benefits to their members or increase member costs, they will invest in advanced technology that improves patient safety and reduces costs by making the LifeBed(TM) Patient Vigilance System a reimbursable benefit for their members when they enter a hospital.
The State of Hawaii Hawai'i Employer-Union Health Benefits Trust Fund (EUTF), the Health and Welfare Trust Fund of the Teamsters, Hotel and Restaurant Employees Local 5, Carpenters, Laborers, ILWU Hotel Workers, and United Food and Commercial Workers, have chosen to make the LifeBed(TM) Patient Vigilance System (LifeBed) available to their collective member groups statewide. Traditionally, healthcare payors have made these decisions surrounding benefit coverage -- and plan members must live with those decisions with little other choice.
Nearly 40 percent of all unexpected hospital deaths occur on the
med-surg floor, resulting in a surge of interest in early recognition and
patient safety. With healthcare costs at unprecedented levels and rising
each year, the union health and welfare trust funds have taken a major step
toward improving patient safety by directing their third party insurance
payors to reimburse LifeBed costs for their members. Hoana Medical's
LifeBed System identifies patients as they begin to deteriorate and
|SOURCE Hoana Medical, Inc.|
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