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Company Tries Common Sense Approach To Improving Health Care
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For example, CareMore offers free rides to the doctor's office to avoid missed visits; they clip toenails to make sure patients don't trip on rugs; they've set up a wound center to ensure a small cut doesn't lead to an amputated foot in diabetic patients. These sound like little things, but the company says they've had a major impact.
In fact, CareMore reports overall costs are 18 percent lower than the industry average and hospitalization rates are 24 percent below average. The company also points to hospital stays that are 38 percent below normal and amputation among diabetics are an astounding 60 percent lower than average.
CareMore operates 26 centers across the Southwest, with more than 50,000 Medicare Advantage patients. But its philosophy could be spreading now that the massive health care company, Wellpoint, Inc., bought CareMore for $800-million, with 34-million patients nationwide.
- The Atlantic: The Quiet Health-Care Revolution
- Healthcare Savvy: Share and Compare Your Health Costs
- Here & Now: Wellpoint Hires Supercomputer "Watson" To Help Diagnose Patients
Guest:
- Adrian Slywotzky, co-author of "Demand: Creating What People Love Before They Know They Want It"
This segment aired on October 24, 2011.