Remote Patient Monitoring A to Z
With remote patient monitoring (RPM), using technology to track and send health data makes life easier for patients and providers. For patients, it means more convenience, fewer trips to the doctor, and fewer days in the hospital. For healthcare workers, it is easier to track patients and give them the best treatment.
Remote Patient Monitoring Companies
The global telehealth industry is expected to grow by 27% each year, reaching a size of $485 billion dollars by 2030. And it’s easy to see why. Telehealth, and more specifically remote patient monitoring (RPM), helps hospitals qualify for value-based care (VBC) arrangements, participate in Accountable Care Organizations (ACOs), and manage Medicare Advantage confidently. Now more than ever, hospitals need to focus on outcomes and not just volume. RPM improves patient outcomes, reduces hospitalization rates, and helps hospitals get fully reimbursed.
Financial Benefits of Remote Patient Monitoring
Healthcare is unaffordable for an increasing number of people in the United States–but these higher costs aren’t adding up to better outcomes. As a result, there are changes in the reimbursement landscape shifting the risk of outcomes to care providers. The financial benefits of remote patient monitoring (RPM) are only going to become more important for healthcare providers as their reimbursement by insurers depends on patient outcomes, not just a fee for services rendered. We’re here to explain the benefits of RPM so health systems can start adopting this technology now and get ahead of the curve instead of falling behind.
Remote Patient Monitoring Use Cases
In healthcare, when data is not accurately analyzed, it is of little benefit to providers and patients who rely on it for individual wellness plans and treatments. Traditionally, it may take some time between the collection of patient data within a hospital and its processing. Mistakes or delays in data analysis can have a serious negative influence on the health of patients, however. Through the use of remote patient monitoring (RPM) solutions, providers can address problems as they happen instead of only after scheduled visits. Important remote patient monitoring benefits, like tracking patients’ vitals remotely from their homes, provide information that can be used to guide treatment choices. Harmonize Health gives healthcare organizations the ability to provide the best possible care while reducing the need for expensive interventions or hospitalizations.