2024-11-15T13:52:45-08:00 2023-12-31 222947255 Lear & Pannepacker LLP 791 Alexander Road Princeton NJ 08540 990EZ 2023-01-01 760752190 The TRECS Institute TREC 4845576980 163 Marienstein Road Upper Black Eddy PA 18972 John Whitman Executive Dir. 2024-11-15 true true Dennis R Kilfeather EA MBA ATA P01014910 6094522200 2023 2024-10-15 13:58:12Z X http://www.thetrecsinstitute.org/ X X 135886 X 135886 0 0 0 0 135886 18000 16678 105843 140521 -4635 4899 264 4899 264 4899 264 4899 264 The TRECS Institute is dedicated to serving as a catalyst to bring about positive change in the care of our nation's seniors. Through operational research, TRECS seeks to find ways to improve care for seniors in any location while saving money for our health care system. The TRECS Institute conducted a detailed study on the ability of telehealth services, used in skilled nursing facilities, to reduce the number of unnecessary and avoidable nursing home to hospital admissions by replacing the current industry standard of using phone medicine to diagnose and create treatment plans for nursing facility residents who have a change in their medical condition. Phone medicine is obsolete because it fails to give a physician the level of detail needed to effectively differentiate those residents that truly need to be admitted to the hospital from those that can and should remain and be treated in the nursing facility. In addition, given the high number of law suits that originate in the long term care industry, physicians are appropriately worried about not admitting a resident if they can not, with certainty, rule out the potential for a major medical issue. Using phone medicine, physicians are most often unable to rule out those concerns so they admit their residents to the local hospital. Studies have shown that 40% to 60% of current hospital admissions of nursing facility residents, when viewed in retrospect, had no justifiable medical condition to warrant their admission. Telemedicine allows the physician to make a virtual bedside visit and conduct a detailed evaluation of the resident's condition and in many cases, clearly differentiate those residents that truly require acute care admission from those that can and should remain and be treated in the SNF. Savings available to Medicare by using telemedicine is over a billion dollars per year! 35527 35527 John Whitman Executive Dir. 5.00 0 Linda Whitman PhD Director of Res 18.00 18000 Bob Matlack Secretary 1.00 0 Mary Finn Treasurer 1.00 0 false false false false false false false 0 0 0 false 0 0 false John Whitman 567 Skippack Pike Blue Bell PA 19422 4845576980 false false false false false false false false false false false NONE NONE true X 118537 80464 593026 173411 135886 1101324 0 0 118537 80464 593026 173411 135886 1101324 0 1101324 0 0 0 1101324 1.00000 1.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED Other Expenses.1002 Office Expenses $18500 Other Expenses.1003 Information Technology $16625 Other Expenses.1007 Conferences, Conventions, and Meetings $11500 Other Expenses.1012 Insurance $4666 Other Expenses.1 Grant Fulfillment $32227 Other Expenses.2 Telephone $8400 Other Expenses.3 Project Research $7800 Other Expenses.4 Donations $3300 Other Expenses.5 Professional Meals $1975 Other Expenses.6 Licensing Fees $850