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Showing posts from December, 2018

MyDoc to digitally deliver health screening results for AIA Vitality Members

Singapore — MyDoc, Asia’s first value-based digital managed care platform has been tapped to digitally deliver health screening results of AIA Vitality members in Singapore, creating the first digitally integrated corporate health screening programme for the global insurer.
As a digital healthcare provider, MyDoc is part of Singapore’s Ministry of Health's (MOH) regulatory sandbox for telemedicine, allowing it to offer digital managed care services in Singapore. MyDoc has shown a reduction in patient healthcare costs by at least 16 percent, according to a study done by a senior economist at the University of Southern California’s Center for Economic and Social Research. MyDoc demonstrated a potential cost saving as high as 28 percent resulting from improvements in chronic diseases management and aversion of accident and emergency (A&E) services.
The AIA Vitality Basic Health Check (BHS) identifies members’ risk for chronic disease by checking their body mass index (BMI), blood p…

USC-BEST senior health economist confirms MyDoc unlocks up to 28% in healthcare savings

Singapore — MyDoc, Asia’s first value-based digital managed care platform, is driving a reduction in healthcare costs by at least 16 percent, according to a recent study done by a senior economist at the University of Southern California, Center for Economic and Social Research. MyDoc’s model showed a potential cost saving as high as 28 percent can be extracted as a result of improvements in chronic diseases management and aversion of A&E services, based on healthcare estimates on a patient sample size reflecting the current state of Singapore's health ecosystem.

“We are seeing a real potential to save US$540 billion for the healthcare industry in Asia,” said Dr. Snehal Patel, CEO and co-founder of MyDoc. 
Mercer Marsh Benefits reported total annual healthcare expenditure in the region reached US$2.7 trillion in 2017 and is forecasted to grow at 8 percent CAGR through 2020 according to OECD2.

By redesigning key touch points along the patient-clinician journey and integrating …