Delivery of healthcare is changing, and PPH is looking to be at the forefront of this change with its home health division. Buyer motivations are high because of health-related concerns. ISWH sees the future of healthcare to be one in which homecare services are improved. With the increasing number of Baby Boomers in the country, we need to care for and treat the aging community effectively. The home health division of ISWH will take its place in the healthcare industry by incorporating not only quality service to those in need, but also infusing it with new emerging technologies.
In 2020, estimates show that healthcare spending in the United States will rise to $11,172 per capita, a growth of 66% over the course of the last decade alone. However, and despite its growing importance, expenditure on home healthcare makes up less than 5% of that amount.
PHH Paradigm Home Health, ISW Holding’s home health division, is developing a pilot for its on-demand healthcare, providing a platform which will effectively bridge the gap between healthcare providers and patients. Patients will be able to find outpatient clinic services in their vicinity, compare the cost and pick the one suitable for their budget and location. PHH is also developing tools and technology to facilitate the provision of healthcare services outside of specialized facilities. Telehealth services have seen a dramatic increase in relevance in recent years, a phenomenon which has gained in momentum during the Coronavirus pandemic as patients have been obliged to reimagine the ways in which they access healthcare. Our efforts will be dedicated towards homecare facilities, which will help shift the medical burden away from clinics or hospitals.
A crucial component underpinning PHH’s medical offering is Telecare – a revolutionary technology designed to provide home health patients with a simple, one-button wearable device to call their call their visiting nurse, home health provider, or a 24/7 nurse assist hotline anytime they need medical assistance. Combining cutting-edge technology with an extensive training program designed to provide healthcare professionals with the required skillset needed when providing care at a distance, PHH aims to be a crucial partner to patients and healthcare providers within the burgeoning US home healthcare market.