Little Rock health-care startup Phyzit has announced an agreement with a subsidiary of Baptist Health to provide transitional care management for 52 affiliated health-care providers at 21 clinics across the state.
Phyzit, which developed the Phyzit TCM app to improve patient care and reduce unnecessary hospital readmissions involved in the TCM process, made the deal with Arkansas Health Group.
Implementing the Phyzit system will support AHG’s effort to participate in the federal Centers for Medicaid and Medicare TCM initiative, according to a news release. The program tracks hospital patients post-discharge to ensure they are getting well, preventing unnecessary readmissions, the release said.
Phyzit’s cloud-based software app tracks the steps involved in the TCM process for doctors’ offices, tracking each patient in the process through a dashboard system, reminding offices of important deadlines and providing billing reports. This past fall, Phyzit President Mike Blanchat told Arkansas Business that the app helped doctors’ offices create an average of $1,400 in new revenue per provider per month and decreased hospital readmissions by 66 percent in expanded beta testing.
“Our Phyzit TCM software simplifies the tedious task of tracking patients through the TCM 30-day discharge window,” he said. “Using it will ease some of the burden on clinical staff, allowing them to focus on providing excellent care without interrupting their workflow.”
Phyzit CEO Keith Moore said providers have used the app to care for more than 3,000 patients across five states. Phyzit previously had served roughly 20 doctors’ office in Arkansas.
Phyzit was co-founded last year by Little Rock pediatric urologist Dr. Stephen Canon. Earlier this year, it brought on Blanchat, the former president for A Briggs Passport & Visa Expeditors.