Cost

The third pillar of Value Based Care that MyModal positively impacts is the cost of care delivery. Decades of evidence supports the idea that growth within healthcare systems is unsustainable without controlling the cost of care delivery. MyModal serves to transition cost-intensive internal clinical workflows to lower cost, more efficient and more effective external care delivery models. As an example, population health teams partnered with their patients on the MyModal platform allows for highly efficient, low cost engagement away from the labor intensive clinic workflow within the typical brick and mortar practice.  Additionally, MyModal’s data capture, audit, and analytics algorithms support traditional electronic records quality applications by delivering accurate, precise models of individual and population chronic disease profiles,  barriers to care, and care plan compliance.