TIDMINHC
Induction Healthcare Group PLC
25 October 2021
Induction Healthcare Group PLC
("Induction", the "Company", or the "Group")
Report on Video Consultations in Secondary Care
A wide range of benefits to patients and the NHS seen by
increased use of video consultations
Induction (AIM: INHC), a leading virtual care platform driving
digital transformation of healthcare systems worldwide, welcomes a
report on outpatient video consultations by Edge Health for NHS
England and NHS Improvement.
The report reviews 3 million video consultations on the Attend
Anywhere platform between 1 April 2020 and 31 March 2021 and
concludes that they have delivered a range of benefits to patients
and the NHS. The report highlights the dramatic increase in video
consultations cross 171 NHS hospital trusts in England, increasing
from 5,000 a month in March 2020 to 340,000 a month a year
later.
The report highlighted the following benefits of video
consultations:
-- Savings of 4.64 million hours (530 years) in patient travel
and in-hospital waiting times in total over the year
-- Savings of GBP40 million in patient travel costs and parking charges
-- 3 million lost work hours were avoided saving the overall
economy GBP108m in lost productivity
-- 14,200 tonnes of greenhouse gas emissions avoided due to
fewer hospital journeys 11 million fewer "single-use" PPE items,
such as face masks, were consumed, saving the NHS over GBP1.1
million
-- 1,730 hospital-acquired infections were avoided (not
including COVID-19 infections) due to fewer visits to hospital
sites
The full report can be seen here:
www.edgehealth.co.uk/outpatient-video
Attend Anywhere became part of Induction Healthcare Group PLC in
June 2021, with the enlarged group now providing a comprehensive
virtual care platform for hospitals, doctors and patients, ranging
from pre-treatment patient support (including digital
correspondence, appointment booking and remote triage) to a full
range of in-person, telephone and live-video consultations.
James Balmain, CEO of Induction, commented: "We are delighted
that this report highlights how patients can benefit from video
consultations whilst maintaining and even improving the standard of
patient care across NHS hospitals. The report is a strong service
proof point, providing easy access to data to for new customers and
to drive contract renewals. The adoption of video consultation
across the UK over the 12 months highlighted in this report has
been significant with Attend Anywhere being used to deliver 3
million video consultations in 171 NHS trusts totalling 1.32
million consultation hours. As can be seen, there are many positive
benefits to a wider roll-out of video consultations across
secondary care and we look forward to supporting this across the
NHS."
-ENDS-
ENQUIRIES
Induction Via Walbrook PR Ltd: induction@walbrookpr.com
James Balmain, Chief Executive Officer
Dr Hugo Stephenson, Group Executive
Director
Singer Capital Markets (Nominated
Adviser and Broker) +44 (0) 20 7496 3000
Philip Davies / Kailey Aliyar
Walbrook PR Ltd induction@walbrookpr.com
Paul McManus / Alice Woodings Mob: +44(0)7980 541 893 / +44 (0)7407
804 654
About Induction - www.inductionhealthcare.com
Induction (AIM: INHC) is a leading virtual care platform driving
digital transformation of healthcare systems worldwide. Induction
solutions enhance the investments hospitals have made and lay the
foundation for their future. Our products can enable information
sharing between busy doctors, alleviate operational burdens on
hospitals or put patients in better control of their care, all
while ensuring the highest standards of clinical safety and
information security. We unchain staff and patients from the
limitations of paper-based and desktop systems, creating
substantial time and cost efficiencies.
More than 225,000 hospital doctors across multiple territories,
including the UK, Ireland, Australia and South Africa, as well as a
rapidly growing number of more than 300,000 UK patients, choose
Induction solutions.
Induction Switch is the number one healthcare collaboration app
in the UK, used by the majority of hospital doctors within the NHS.
The app helps to increase productivity and enhance communication by
securely sharing phone numbers and bleeps, bookmarks, documents and
messages in a clinical setting.
Induction Guidance provides medical organisations, including
most hospital trusts within the NHS, with the ability to
collaboratively create, edit, and publish their own local medical
guidelines in a secure and locally administrated environment. This
increases knowledge of, and adherence to, guidance.
Induction Zesty is a market-leading digital platform for
patients visiting hospitals. The platform allows patients to book
and access their appointments, read their clinical letters, store a
copy of their clinical record and provide data to their care teams
remotely. It is not just a compelling patient experience, but also
delivers significant cost benefits to hospitals.
Induction Attend Anywhere is the UK market leader in secondary
care video consultations. It helps hospitals, health systems and
other customers offer video consultations to patients and service
users as a normal part of day-to-day clinical activity. Our vision
is for video consultations to improve lives and help address
social, access, equity and sustainability challenges by allowing
healthcare providers to determine how and when they see a patient
based on each individual case: in-person, via video or on the
telephone.
Induction HealthStream is a proprietary data integration
platform that reads and writes patient demographic, appointment and
clinical record data between a growing number of hospital EHR
systems and the Induction platforms. This connectivity between
stakeholders and legacy IT systems adds substantial value to
pre-existing health IT investment and allows large-scale adoption
of Induction app-based services.
This information is provided by Reach, the non-regulatory press
release distribution service of RNS, part of the London Stock
Exchange. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
Reach is a non-regulatory news service. By using this service an
issuer is confirming that the information contained within this
announcement is of a non-regulatory nature. Reach announcements are
identified with an orange label and the word "Reach" in the source
column of the News Explorer pages of London Stock Exchange's
website so that they are distinguished from the RNS UK regulatory
service. Other vendors subscribing for Reach press releases may use
a different method to distinguish Reach announcements from UK
regulatory news.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
NRAZZMZGKZNGMZM
(END) Dow Jones Newswires
October 25, 2021 02:00 ET (06:00 GMT)
Induction Healthcare (LSE:INHC)
Historical Stock Chart
From Jun 2024 to Jul 2024
Induction Healthcare (LSE:INHC)
Historical Stock Chart
From Jul 2023 to Jul 2024