Remote Patient Monitoring

The future of healthcare is at home

Around the world, the prevalence of chronic diseases like diabetes, cancer, and hypertension have increased. Plus, the healthcare system is still being affected by COVID-19 outbreaks and a lack of clinical staff. Luckily, clinicians and staff members may be able extend their services by working remotely thanks to remote monitoring tools. 

Remote patient monitoring (RPM) is the process of evaluating a patient's health using non-invasive equipment that detect or measure typical physiological markers and wirelessly transfer the patient's data to a healthcare professional.

Multiple medical specialists can access device data in real time for consultations and diagnoses, enhancing treatment for patients who have trouble traveling to testing centers. (What an access win!)

In the next five years, 75% of hospitals and clinics anticipate that the adoption of remote patient monitoring will match or even exceed that of inpatient monitoring.

Risk of RPM adoption

While a recent survey showed 88% of providers have invested or are evaluating investments in RPM technologies, some are struggling to establish ROI.

Traditional fee-for-service providers struggle to set up remote care programs due to the inadequate reimbursement system. Thus, providers that are interested in offering RPM services face several obstacles which cause their claims to be denied.

What's more, these types of monitoring tools can oversaturate providers with information, making it difficult for clinicians to sort through mounds of data for insight or support.

Between solving for patient adoption and the infrastructure to move data between multiple devices and platforms, there's plenty of growth to be had in RPM.

By 2030, the market for patient monitoring devices is predicted to be worth USD 92.8 billion and increase at a CAGR of 7.8%

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In the News

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Wearable health sensors woven into t-shirts and face masks

E&T

Keeping Health Equity Top-of-Mind in Remote Patient Monitoring Programs

mHealth Intelligence

How Remote Patient Monitoring Devices Can Provide A Path Back To Community-Based And Rural Healthcare

Forbes

Covid-19 was a public demonstration that when stressed beyond what we believed was the max, our current healthcare system might not be up to the task. These problems are further compounded in rural settings where there's been a growing shortage of medical care professionals and facilities. Treatment solutions that keep capacity open at critical facilities, such as hospitals, are a must. Community healthcare has seen a resurgence in the wake of Covid-19, with centers opening up for vaccinations and other minor checkups. The ideal pairing of hardware and software is the connection point between what's in the hands of patients.

Four ways to improve digital health equity

American Hospital Association

How Boston Medical Center used remote patient monitoring to track vulnerable patients

Chief Healthcare Executive

The next investment priorities for telehealth, RPM and connected health

Healthcare IT News