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The IDentometric Solutions LLC.
(IDMS)
Confidential Protected Personal Reminder
addresses unsatisfied consumer needs.
There is no product on the market with all
the features and functions that are needed in a single
handheld device. Early market analysis with over 500
anticipated users stated they would buy this device if it
were on the market. Consumers of all ages stated that a
memory device such as this would function as a second brain
but would be more accurate. With populations increasing and
aging, our research noted that everyone has a need for
similar types of services. However, resources are finite
and budgets are under constant pressure at home and work in
these tough economic times. Information exchanges between
patients, children, guardians, insurance companies and
medical services providers leave a lot to be desired,
creating a situation where millions of times over, “We do
not have the time to it right the first time but we always
have the time to it over and over again,” wasting millions
of dollars in time and productivity. IDMS contends that
every day information exchanges cause information gaps to
exist, manual orders being misunderstood and not followed
properly, and countless hours being spent “on-hold”
resolving disputes and fixing mistakes. Some patients even
suffer serious consequences that affect their quality of
life. An essential change ingredient is needed that
provides all consumers with what they need to know to make
informed decisions while protecting the privacy of the
individual. This challenge has become aggravated by thieves
who steal identities using Social Security/Medicare
numbers.
Initial Market Opportunity
Medicare, Medicaid and insurance companies
are concerned about senior citizens losing their Medicare
information and healthcare records, There are currently four
bills before Congress that seek to address this issue.
This is simply only one of the many areas where healthcare
systems fall short of needs and expectations. Although
there has been gradual progress, healthcare tracking and
reporting systems remain a major opportunities. In large
part, these systems are:
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Outdated, incomplete and poorly
integrated
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Missing accurate and critical patient
input
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Fraught with errors and omissions
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Understaffed for the amount of manual
effort that is required
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Costing everyone too much
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Not taking advantage of improving
technologies fast enough
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Held back by turf issues associated with
how best to effect change
What else is needed?
Automatic, cryptographically protected and
ACCURATE information exchanges are needed between care
givers (doctors, dentists, specialists, laboratories,
hospitals, nursing homes, and pharmacies), bill payers
(insurance companies, Medicare) and patients. Regulators
(HIPAA, FDA, states) and medical researchers (CDC, NIH,
pharmaceutical companies, colleges and universities) also
need demographic, aggregated data to aid in planning and
assessing programs and products.
Collecting and disseminating information on
what patents are doing is spotty at best. For example, are
they following through on professional recommendations,
including taking medications that have been prescribed, and
what other over-the-counter medications are being taken
regularly and never properly reported to their care givers,
such as ones that were formerly controlled substances and
vitamins. An obvious challenge is preventing adverse drug
interactions. |
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Our Vision for the Future
IDMS envisions that our automated personal
information exchange systems will deliver and collect
information in native formats from legacy systems, add
patient input, translate and aggregate/consolidate the data
streams, reconcile differences, report unresolved anomalies
and issue reminders to those who can best impact favorable
outcomes. The result will be improved patient care;
efficient, optimal use of resources; cost control; and
aggregated data for medical research and product
quality/efficacy control.
What expectations are realistic?
First, Rome wasn’t built in a day, and it is
unrealistic to expect our current healthcare challenges to
be resolved quickly either. It is also unrealistic for
people to think that the other guy will fix things for us
and that we can each sit back and do nothing. We believe
that every single individual has a role to play. However,
as the populace ages, it will become more and more difficult
for each of us to do what is needed to monitor the services
we receive. For example, who has a good enough memory to
accurately and completely fill out all the details of the
questionnaires handed to us before a physical or emergency
treatment? What are the consequences of missing or
inaccurate details (possibly death)?
IDMS has adopted a continuous
improvement philosophy model
Our objectives, divided into two phases, will
enable higher quality, less costly services for consumers as
it improves accuracy and efficiencies in healthcare
recordkeeping and communications.
1. To
help each and every individual gradually build a Personal
Healthcare History that can be shared with professionals in
time of urgency.
2. To
create accurate communications between consumers and
providers that will eliminate errors and improve accuracy as
discrepancies are automatically reported and resolved with
minimal impact on existing systems. Granular data will be
restricted on a need-to-know basis to protect individual
privacy and confidentiality.
The following diagram
shows the current situation (in black) with two improvements
highlighted. Phase 1 (red) involves short term manual
initiatives, and Phase 2 (green) adds automation and
security.
The Net Result
We believe accurate transfer and receipt of
information will eliminate millions of dollars of rework and
enable the US Healthcare system to deliver higher quality
services faster, more securely. The outcome of this
initiative will increase the productivity of the people and
systems involved, lowering the cost to provide services, and
decreasing the errors and omission within the current
system. This can be accomplished without changing the
systems that are in place today and by moving the
responsibility for monitoring the accuracy of personnel
information to the consumer. Improvements and replacements
will be made based upon the highest priority suggestions
from clients and consumers within our IDMS continuous
improvement model.
IDMS
Investment Opportunity
We would appreciate your consideration of an
investment in IDMS and its
Confidential Protected Personal Reminder.
An initial prototype has been developed and is now being
updated. Funds are needed to finalize designs,
manufacture products and market and sell them to everyone
concerned about their health.
Please look at a brief
PRESENTATION and
ONE PAGE INVESTMENT HIGHLIGHTS.
You will need the Adobe PDF Reader, a free download from
www.Adobe.com.
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