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Healthcare IT and Biotechnology News Release
Date of Publication: Friday, July 18, 2008

Tx Xchange Launches Web-Based Solution for Physical Therapy and Rehabilitation Providers to Address Demands of Healthcare Consumerism

Innovative software helps physical, occupational, and speech therapists deliver highly effective care and provide patients with a superior rehabilitative healthcare experience.
Boulder, CO (PRWEB) July 16, 2008 -- Physical therapy and rehabilitation have long been tedious and time-consuming experiences that follow an injury or surgery. Patients are given paper and verbal instructions for their home exercises, and most proceed to lose or forget them. It's no wonder 65% of patients today are partially or non-compliant with their prescribed exercises and treatment plans.

According to Mark Barnes DPT, Founder & CEO of Tx Xchange, "The delivery and consumption of rehabilitative care has stagnated over the last 25 years and in today's consumer driven healthcare marketplace, rehab therapists need software solutions to provide better care and a more enjoyable patient experience."

Tx Xchange is a SaaS (software-as-a-service) platform built for rehabilitative healthcare companies and healthcare systems. It includes multi-media content, personalized health & wellness information, messaging, compliance monitoring, patient outreach, and collaborative capabilities. Tx Xchange addresses all of the critical factors that positively impact patient outcomes and provides rehab patients with access to their treatment plan online, in the manner today's healthcare consumer wants.

"Healthcare in the 21st century will be driven increasingly by consumerism, and healthcare professionals will need to adopt IT tools if they are to practice effectively in this new environment," said the Cleveland Clinic's chief information officer C. Martin Harris.

As healthcare costs continue to rise, including high premiums and copays, consumers want the most value for their money. "The pressure to deliver innovative services will come to bear on providers, and it will come from consumers," said Harris. "Providers have to be prepared for the coming wave of consumerism in healthcare." He warned that if the problem was not remedied, providers could lose business.

"With today's launching of Tx Xchange, physical therapy and rehabilitation providers can successfully compete and grow their businesses in today's challenging reimbursement environment," said Barnes.

Tx Xchange (pronounced "treatment exchange") was founded in 2006 in Boulder, CO by Mark Barnes, DPT and Jonathan Epstein. With its web-based rehabilitative care software platform, the company is successfully addressing the significant clinical, business, and service challenges faced by the rehabilitation industry and its consumers.


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Last Updated: 24 November 2007.