Massive increase in healthcare costs in Switzerland and the EU requires innovative solutions such as telemedicine
Posted on May 23, 2023 by QluPod AG
Herisau, Switzerland QluPod AG (www.qlupod.com)
Massive increase in healthcare costs in Switzerland and the EU requires innovative solutions such as telemedicine.
QluPod AG responds to reports from the Swiss Federal Statistical Office (SFSO) that health care costs in Switzerland have risen by 35% over the past ten years. The reasons for the cost increase are manifold. A larger number of elderly residents, higher life expectancy due to medical advances and rising wage costs in the healthcare sector are just some of the factors contributing to this situation.
However, not only Switzerland, but also Germany and many other countries in the European Union (EU) are affected by the massive increase in healthcare costs. In view of these challenges, it is imperative to find innovative solutions to contain the cost increases while ensuring high-quality healthcare.
During the Corona pandemic, it became apparent that many visits to the doctor were unnecessary. Some of the patients treated themselves and even rediscovered old home remedies. Other treatments could be carried out with the help of telemedicine, which quickly proved its worth during Corona. The patients measured their vital signs themselves and reported the values to their doctor. To reduce the number of devices and aids needed, QluPod AG uses a health monitor that replaces six individual devices.
With the QluPod health monitor, users can simultaneously measure and monitor key vital signs such as blood pressure, ECG, blood oxygen, heart rate, blood sugar and body temperature. Thus, the health monitor replaces six devices that patients usually have to buy themselves. “The cost of the six individual devices exceeds the price of the QluPod health monitor many times over,” says the management of QluPod AG. “At the same time, by transmitting the vital data to the attending physician, the device ensures a fast and reliable patient care without much effort”. For this purpose, the device stores the data in an app that is operated with telemedicine software developed by QluPd itself.
The QluPod software solution allows doctors and hospitals to optimally care for their patients at a distance. At the same time, the QluPod device frees up healthcare workers’ time for other patients with more serious health problems. This reduces healthcare costs for health insurers and the state. This is an important point that is also addressed in the study by the Swiss Federal Statistical Office (SFSO). Thus, the health services of the Swiss state have increased by CHF 1.8 billion in just one year due to Corona. For the insured, this means a 4.2% increase in co-payments and insurance costs. In order to alleviate the burden on the insured and to reduce the pace of cost increases, QluPod is working at full speed on the roll-out of the health monitor with enhanced telemedicine software for a variety of applications.
QluPod AG meets the demand for an optimal telemedicine solution and thus consolidates its unique selling point in the healthcare market. A global event such as Corona has shown that telemedicine can cover numerous healthcare services and make doctor visits unnecessary. By using modern communication technology, telemedicine enables expert remote treatment. The patient’s data is transferred directly to the QluPod app. This way, doctor and patient always have full overview and control of vital signs. We are working with our own team of experienced software specialists as well as with external experts to optimise our telemedicine software and bring the QluPod health monitor to market as quickly as possible.
About QluPod AG:
QluPod AG is a start-up company in the field of telemedicine and develops innovative solutions to make patient care efficient and cost-effective. With the QluPod device and associated software, the company aims to shape the future of healthcare. The offer is aimed at hospitals, care facilities, medical professionals as well as private individuals who want to monitor their health on their own responsibility.
For more information about QluPod AG and our products, please visit our website at www.qlupod.com.
Contact: QLUPOD AG
Bahnhofstrasse 23
9100 Herisau AR – Switzerland
Tel.: +41 (0)71 510 05 45
Mail: ir@qlupod.com