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Medi Bridge Network
Medi Bridge Network tackles the rapidly growing healthcare challenges of unplanned readmission and staff shortages. Partnering with hospitals, Medi Bridge Network provides telehealth services and remote monitoring, directly combatting access and shortage issues and cutting the $15 to $20 billion annual cost of unplanned readmissions while enhancing patient care, improving health outcomes, and effectively reducing healthcare costs.
Revenue sources
Hospitals
Nursing Homes
Territorial Sales
Territorial Royalties
$TBD
Price
TBD%
Royalty
TBD
TOTAL UNITS
Dramatic shortages in physicians, nurses, healthcare educators, and midwives in healthcare facilities across the United States.
A recent study found that each additional patient per nurse is associated with a 12% higher chance of in-hospital mortality.
Physician turnover is attributed to nearly $1 billion in excess healthcare expenditures.
$52.4 billion is spent on caring for patients readmitted to the hospital within 30 days for a previously treated condition.
The Hospital Readmissions Reductions Program (HRRP) punishes general acute-care hospitals when Medicare patients return within 30 days of discharge.
The average penalty for each Medicare patient stay was 0.64%, resulting in an average penalty of $217,000.
The health and economic costs of chronic diseases are around 90% of the nation's annual healthcare expenditures, equating to $4.1 trillion.
More than 90% of nursing homes in the U.S. are not meeting at least one of the proposed CMS requirements for minimum staffing and time spent per patient.
The financial burden from additional staffing required will cost nursing homes approximately $6.8 billion per year.
Within the next few years, the United States is expected to have a shortage of 31,000 psychiatrists.
The healthcare industry faces significant challenges that threaten the quality of patient care and the efficiency of health services. A disconnected healthcare system, characterized by shortages in almost every field, underutilization of technology, isolated data, soaring costs, and deteriorating health outcomes, is a pressing concern. Patients in hospitals, care homes, and those struggling with mental health issues bear the brunt of these inefficiencies. Medi Bridge Network emerges in response to these issues with three pivotal strategies.
Digital Health Solutions That Work for Everyone: At the heart of Medi Bridge Network's mission is the deployment of digital health technologies designed to serve the entire spectrum of health and care professionals, including doctors, nurses, and other healthcare providers. We prioritize accessibility, the seamless flow of health data and interoperability, ensuring that digital health tools are accessible and effective for all stakeholders.
Bridging The Digital Divide: The digital divide poses a formidable barrier to equitable healthcare access, disproportionately affecting underserved communities and areas without high-speed internet and lacking in hospital infrastructure. Medi Bridge Network is committed to bridging this gap by facilitating the integration of broadband services and digital tools into healthcare delivery. By collaborating with broadband providers we bring Telehealth and remote patient monitoring to the forefront, especially in regions marginalized by the digital divide.
Effective Use of Data to Achieve Better Health Outcomes: A fragmented healthcare system, plagued by data silos and isolated information significantly hampers the delivery of coordinated and comprehensive care. Medi Bridge Network addresses these challenges head by offering a multi faceted solution of TeleHealth, Broadband and Networking Infrastructure, interoperability and the seamless exchange of information across and within healthcare organizations. These strategies combined set new standards for how health data can be utilized to enhance patient care, ensuring that healthcare providers can access and share critical patient information effortlessly, leading to better informed decisions, reduced care fragmentation, and ultimately, superior health outcomes for patients.
Providing innovative and comprehensive access to care
Medi Bridge Network was founded in Ohio by Lisa Dials. With over 20 years of experience in the healthcare industry, Lisa has specialized in hospital medicine, particularly in the past 11 years. She earned her MBA in healthcare administration, providing her with a comprehensive understanding of various aspects of healthcare. This extensive background in healthcare has served as the inspiration for starting Medi Bridge Network with the aim of addressing the gaps in healthcare delivery for vulnerable patients experiencing significant barriers to care and to improve access to care with new innovative care models and technology.
The business concept of the company emerged from the Founder initiating in January 2023 Community Health Assessments in underserved Ohio Counties to understand the financial and quality impact of nurse shortages on health care delivery and in developing business relationships with health management and financial consultants to build a business development plan. This business development plan involved the company in conducting, during fiscal year 2023 market research and analysis, developing goals and objectives, and entering strategic alliances and vendor relationships to identify the following five actions to create a virtual health opportunity:
1. Leverage the full value of eHealth investment to work with Government Medicare and Medicaid Health Insurance Programs, Commercial Insurance Programs, Self-Insured Employers, and the uninsured market to expand digital tools and resources in addition, addressing the Social Determinants of Health by providing a comprehensive approach to transition in care management, family medicine, wellness, RN shortage in nursing homes and the current mental health crisis.
2. Collaborate with Broadband Providers to Integrate digital tools into health care delivery with remote patient monitoring.
3. Refine technology strategy to support health data flow and Interoperability
4. Support a health data strategy to investigate care patterns and to improve patient centered care and health outcomes, reduce fragmented care and healthcare data silos.
5. Maintain strategic momentum and sustainability through investment and strategic alliances/partnerships to improve digital access and health outcomes of vulnerable patients and drive value to stakeholders across the healthcare continuum.
The Business Development Plan helped shaped the organization and management of the company that is similar to an Independent Practice Association (IPA) to protect the private practice of individual physicians and creates the risk that patients become subject to the Corporate Practice of Medicine.
In addition, the business development plan helps close the digital divide with virtual care in under-resourced health communities where 1 million and >300,000 household Ohioans and 42,000,000 Americans do not have access to high-speed internet. Medi Bridge Network will build digital and quality management infrastructures to support the panel of physicians and APRN’s to deliver and bill for chronic care management, post discharge for hospitals and skilled nursing facilities, RN virtual, family medicine, wellness, and psychotherapy programs.
- ILOCX Territorial Listing
- Contract Human Resource Company (specializing in healthcare industry) signed
- Executive Administration Contracts signed
- Provider contracts signed for initial startup with benefits such as health insurance
- Sign Lease with Rugby Realty (located 10 minutes from Burke Front Airport in Cleveland
- IT Team contract signed
- Insurance contract with CMS initiated
- Commercial Contracts initiated
- Enter a joint venture with Internal Medicine Practice and Medi Bridge Network to gain access to primary care patients of 7 Urgent Care facilities in rural areas which will increase referrals for primary care practice and chronic disease management.
- Corporate Compliance Program development
- Start hiring of initial support staff (medical, coders, coding specialist (hiring from AAPC experienced in telehealth), RNs, medical assistant, public relations, social workers, grant writer, nutritionist, pharmacist &pharmacy technician etc.)
- Provider credentialing process
- Secure first hospital and nursing home contract
- Nextgen software developed
- NextGen Provider Training Completed
- Chronic Disease, Family Medicine program launched
- Provider credentialing process
- Secure first hospital and nursing home contract
- Nextgen software developed
- NextGen Provider Training Completed
- Chronic Disease, Family Medicine program launched
- Post discharge program with hospital and nursing home launched
PRODUCT NAME
Medi BridgeCompany Name
MEdi Bridge network LLCCOMPANY NUMBER
5177048STATUS
ACTIVEINCORPORATION DATE
20/05/2020COMPANY TYPE
DOMESTIC LIMITED LIABILITY COMPANYJURISDICTION
Ohio (US)REGISTRY PAGE
Ohio secretary of stateRead latest news by the company to get to know more updates
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A record number of large healthcare companies filed for bankruptcy in the US last year, underlining the industry’s struggles with problems ranging from rising costs ...
US' Healthcare Workforce Shortage To Prompt Increased Spending And New Legislation
We anticipate healthcare personnel shortage will be a long-term challenge in the US, posing downside risks to quality and accessibility of care. ...
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Each unit will receive a royalty of TBD% after the license is qualified. The royalty is paid on Medi Bridge Networks sales revenue divided by the total unit holders.
Royalty Percent
TBD
Licenses Issued
TBD
Qualification
TBD
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