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How Tele ICU services can help in saving lives as well as generating revenues

Home » How Tele ICU services can help in saving lives as well as generating revenues
Mar 23 2021
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A Nursing home in a tier 2 city receives a critical case wherein a young man was involved in a motor vehicle accident. He has significant pulmonary contusions and segmental lung collapse, and has a small haemopneumothorax. On scanning the brain, he was found having diffuse axonal injury.

Unfortunately, though the Nursing home had an equipped ICU, but it didn’t have trained nurses and super specialist ICU doctors to use that equipment in handling the case. Since the case needed immediate critical care support, despite the risks involved, he had to be referred to another Hospital in a larger city.

Factor that was on risk: Patient’s Life 

Patient may require 4-5 days in ICU to become stable

Average cost of ICU in India: 25,000-30,000 (based on patient’s criticality)

Loss in Revenue due to patient’s referral: 4*25,000 = 100,000 (per patient)

Patient’ Life: Invaluable

That Nursing Home can play a big role in saving lives by providing timely and expert critical care and avoiding dangerous transports if they opt for Tele ICU service. Generating revenue is just an added benefit.

If Tele ICU were implemented: 

*Revenue can be generated from Tele ICU Beds because there will be no need of patient transfers, patient can be treated in the periphery only by experienced critical care specialists.

*The cost for Tele ICU integration which is CAPEX (one time equipment cost of Tele ICU), can be compensated by additional revenue generated from patients who stay back in the nursing home for treatment.

*One can have best treatment from a team of experienced critical care personnel with affordable cost in the periphery setup only: greater patient satisfaction.

*Estimated revenue generated by 4 patients for a month by opting Tele ICU services can be sufficient to compensate the CAPEX cost of Tele ICU in nursing home: 4*100,000 = 4,00,000

 

*All costs mentioned are in Rupees and are a general estimate only. May vary from place to place.

– Simranjeet Kaur (Author)

Posted inCase studies

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