Ringful solutions for healthcare

In the United States, healthcare spending is expected to reach $2.5 trillion in 2009, accounting for 17.6 percent of the gross domestic product (GDP). By 2018, national health care expenditures are expected to reach $4.4 trillion—more than double 2007 spending. Healthcare expenditures are expected to increase faster than the growth in GDP: between 2008 and 2018, the average increase in national health expenditures is expected to be 6.2 percent per year, while the GDP is expected to increase only 4.1 percent per year.

Any meaningful healthcare reform plans must provide a path to cost reduction in order to be viable in the long term. Ringful believes that we can reduce healthcare cost via

• Preventive care: By using consumer-grade smartphones, as well as voice / SMS technologies, Ringful can build personal healthcare monitoring solutions that reach a large portion of the population. By connecting the monitoring data into backend health record systems, Ringful enables preventive monitoring for patients and reduces expensive emergency room visits.
• Personal responsibility: By giving the patient access to his / her own medical monitoring data right on the handset, Ringful enables patients to make better lifestyle decisions throughout the day, and take better care of themselves.
• Informed consumer choices: A "free market" solution can only work when the consumers can make informed decisions to direct the spending of his / her money. That is NOT case for the current state of US healthcare. Ringful helps to change that by providing better and more timely information about healthcare providers via the user's handsets.

The Ringful platform uses the patient's own smartphone as a dashboard for personal healthcare data. It helps healthcare providers and payers engage patients to provide better and cheaper preventive care. It also helps the patient to keep track of his/her own data, which has proven to lead to a more healthy lifestyle.

The Ringful platform acts as a data conduit to link up patients, healthcare providers, device makers, and other players in the industry. Our solution works on any smartphone platform, interacts with any medical devices, and accesses data across all backend Personal Health Record (PHR) systems.

We believe that the "platform agnostic" nature of our solution puts us in the position to partner with many players in this industry. No matter if you are a medical device maker, a health record service provider, a smartphone maker, or a wireless carrier, we believe that we can partner. Please contact us at info AT ringful DOT com to get started!