Company reduces hospitalizations of Long-Term Care Residents by 50%
February 20, 2020
Real Time Medical Systems (Real Time), the leading healthcare interventional analytics company connecting long-term care facilities, hospitals, ACOs, and payers, today announced a significant company milestone as they reached 1,000 customers! In 2019 Real Time saw continued growth in its customer base by expanding its suite of interventional analytics technology tools. This extraordinary company milestone speaks to significant market opportunity and demand for an interventional analytics solution that can improve clinical outcomes, optimize PDPM, and coordinate care across the continuum delivered by Real Time. Read more.
February 12, 2020
Zimmet Healthcare recently wrote that PDPM is a “monumental improvement.” And, it is. For those of us who have spent hours, days, months, and even years prepping for PDPM, we’re satisfied with this new reimbursement model – even though there are plenty of concerns for the Centers for Medicare & Medicaid Services (CMS) to address. Early reporting suggests that the per patient day ($PPD) revenue has improved, but it is not clear whether the aggregate Medicare reimbursement has improved, stayed the same, or decreased. Length of Stay (LOS), alternative payment models, and hospital referrals must be calculated into PDPM’s overall success, and though early findings suggest most are optimistic, it seems premature to offer a safe conclusion by just about anyone. Read more.
HAPevolve Partners with Real Time Medical Systems to Provide Hospitals with Interventional Analytics to Connect with Post-acute Networks
February 3, 2020
Real Time Medical Systems, a company nationally known for its ability to provide interventional analytics to help hospitals and health systems build an integrated preferred network with their long-term facilities (LTC), has joined HAPevolve, a subsidiary of The Hospital and Healthsystem Association of Pennsylvania (HAP). As an industry partner to HAP members, Real Time delivers clear, data-driven interventional analytical insights to clinical decision-makers and care providers, ensuring quality care improvements and financial gain for both hospitals and LTC facilities. Read more.
September 26, 2019
The 2019 Annual Summit is building momentum and projected to be bigger and better than ever! This year’s summit will feature a variety of engaging educational sessions, from interactive panel discussions on how facilities are applying interventional analytics to improve clinical outcomes, to expanding hospital patient referrals and life after PDPM. These sessions will be led by nationally respected healthcare leaders including Dr. Steven Handler (Curavi Health), Vincent Fedele (Zimmet Healthcare), Eric Heiden (NeuroGym), Chuck Moody (Creative Solutions), and more. All attendees will also receive 4.75 hours of NAB/NCERS Continuing Education Credits for the full-day conference. Read more.
September 13, 2019
Imagine you’re driving to the beach. It’s supposed to be a two-hour drive, but traffic and construction can affect your journey—sometimes by a lot. Ten years ago, you might have used a store-bought map or even directions printed from the internet. That provided plenty of information, but it was static. If there was a wreck causing a bottleneck 20 miles ahead, you wouldn’t know until you got there. Today, though, you use an app that tells you the most efficient way to go. The app updates conditions on the fly, so you find out about that bottleneck when it happens. And you learn how to avoid it. Your drive to the beach is smooth sailing because you have access to real-time data. Interventional Analytics is a lot like that app. Read more.
Will Reduce Medicare Costs in Maryland by at least $35 Million
August 6, 2019
Columbia, MD – LifeSpan Network, the leading post-acute care provider association in Maryland, and Real Time Medical Systems, announce the formation of a skilled nursing facility (SNF) network that, through the use of Real Time Medical Systems’ interventional analytics software, will cater to the needs of health systems, insurers, ACOs and other organizations to improve quality of care and reduce hospitalizations. Read more…
Real Time Medical Systems Announces New Partnership with Texas-based Healthcare Company, Creative Solutions in Healthcare
July 24, 2019
Baltimore, MD – Real Time Medical Systems (Real Time), the leading healthcare interventional analytics company connecting long-term care facilities, hospitals, ACOs, payers, and affiliated providers, expands their coordinated care efforts within the south-west through their recent partnership with Creative Solutions in Healthcare (Creative Solutions). Operating over 70+ facilities throughout the state of Texas, including skilled nursing and assisted living facilities, Creative Solutions is a leading care provider within the senior community. Read more…
Real Time Medical Systems Launches a Suite of Interventional Analytics Tools to Completely Manage PDPM
July 11, 2019
Baltimore, MD – Real Time Medical Systems (Real Time), the leading healthcare interventional analytics software company for skilled nursing facilities (SNFs), post-acute care providers, hospitals, ACOs, and payers, has seen a 150% growth in sales since the beginning of 2018 as demand increases for an intuitive Patient-Driven Payment Model (PDPM) solution amongst SNFs nationwide. Read More…
Western Maryland Health System Selects Real Time Medical Systems as Their Post-Acute Care Analytics Tool
June 3, 2019
Baltimore, MD – Real Time Medical Systems (Real Time), the leading healthcare interventional analytics software company serving post-acute care providers, hospitals, health systems, health plans and ACOs, is excited to announce that Western Maryland Health System (WMHS) will be implementing -Real Time’s analytical platform to help reduce hospital readmissions within their post-acute care communities. Read More…
March 6, 2019
The developer of a software platform that has brought substantial hospital readmission cuts to skilled nursing facilities now has a $10 million cash influx to expand its footprint. Read More…
March 4, 2019
Healthcare interventional analytics company connects hospitals with nursing homes, reducing unnecessary hospital readmissions by up to 60%
Baltimore, MD – Real Time Medical Systems (RTMS), a healthcare interventional analytics company serving health systems, nursing homes, insurers, and ACO’s today announced the completion of a $10M equity funding round. The round was led by SunBridge Capital Management and included other healthcare and technology investors including TCP Venture Capital. Read More…
August 16, 2018
Baltimore-based software company connects hospitals with nursing homes, reducing unnecessary readmissions by more than 40%
Linthicum, MD – Real Time Medical Systems (Real Time), a healthcare interventional analytics company, today announced a major contract with the University of Maryland Medical System (UMMS).
Real Time’s ProACT HS program will allow UMMS hospitals to better collect, analyze, and act on patient data in real time after the patient has been discharged to a nursing home. This real-time data and actionable analytics have shown to drastically improve patient care and reduce the number of unnecessary hospital readmissions. Read More…
Maryland skilled nursing facilities are partnering with a vendor to try and pare back pesky readmissions.
The Columbia-based LifeSpan Network, representing some 330 senior services organizations, announced last week that it is teaming up with Real Time Medical Systems. Member SNFs will receive detailed clinical alerts and recommendations on how to intervene and provide correct care.
Data from the Linthicum Heights, MD, vendor is generated in real time so LifeSpan providers will not have to rely on outdated info from the government. Real Time Clinical, as the product is called, is offered to LifeSpan members at a discounted rate through the partnership. The product gets info from electronic health records, and the company hopes it will enable providers to act quickly before a condition worsens, hopefully preventing unnecessary trips to the hospital.
“This partnership will provide our members and other skilled nursing operators with peace of mind, knowing that their efforts to provide the most effective possible care are based on accurate, real time data,” Kevin Heffner, president and CEO of LifeSpan, said in a press release. “After collaborating with us for many years, Dr. Rifkin has developed this valuable tool, which allows us to access data we were never before able to tap into in this manner. We believe Real Time will make our members and other providers stronger partners in the state’s Total Cost of Care model.”