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Frequently asked questions
General1
General2
NEMO was created during the Covid-19 pandemic, as fee-for-service revenues dwindled, when only emergent and Covid-related services were provided by hospitals. Simultaneously, the healthcare community became suddenly comfortable with telehealth and remote monitoring as vehicles to treat the majority of patients. Meanwhile, insurers collected the same premiums, while spending significantly less on medical care.
In 2020, medical groups which operated global risk (capitated) contracts thrived. Cash flow was maintained through their premium based contracts.
Delivery of care via telemedicine reduced expenses for providers, while delighting patients and doctors.
NEMO was formed to create a SuperMSO environment to drive global risk (prepaid) contracts for medical groups working outside the hospital setting.
The NEMO Care Model was initially designed to improve clinical workflow and optimize communications tools. Subsequently NEMO built tools to provide advanced analytics and to model risk contracts. Then NEMO began to incorporate other components - patient and doctor relationship management (portals), risk curriculum, ‘skinny’ EMR - necessary to provide a full-service platform for global risk management.
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