The recent switch to “digitalizing everything” has brought disruptive changes. Distance education and remote work became our daily routine. COVID-19 pandemic boosted digital transformation for the health industry too. Telehealth solutions help deal with distance treatment and patient management. On a par with telemedicine, remote patient monitoring is gaining traction nowadays. As an MSI International survey has shown, 80% of Americans favor using an RPM.
Technically, RPM applications track patient health conditions at a distance and collect data for precision medicine and scientific research. But why is it so important, and what benefits does remote patient monitoring bring for patients and healthcare providers? Let’s see.
Benefits of remote patient monitoring for patients
People who suffer from chronic diseases have to cope with emotional and physical challenges daily. The disease controls their lives, forcing them to limit themselves in certain activities or pleasures. Moreover, treatment management depends on regular checkups and chronic conditions tracking, which is challenging to perform without regular physician visits. Remote patient monitoring tools address all those concerns.
MSI International asked Americans what remote patient monitoring benefits they valued the most. The results were as follows:
Truly, remote patient monitoring is an innovative technology created to bring outstanding healthcare experience for patients. What else can be achieved with the help of RPM? The following list of benefits explains it in detail.
Easier access to healthcare
People with chronic diseases require frequent checkups to maintain their health. Unfortunately, in some remote areas getting to the physician may be troublesome. Remote patient monitoring applications can collect a patient’s blood pressure, sugar level, body temperature, etc., and send the information directly to the doctor. Another issue that RPM solves is managing patients with mobility issues so they won’t have to make efforts to get to their physician. For the same matter, RPM is highly convenient for the elderly population. Imagine how technology makes their lives easier, considering 80% of older adults suffer at least one chronic condition.
Higher quality of care
Packed with advanced analytic features, RPM provides healthcare givers with valuable data. Remote patient monitoring tools collect patients’ data instantly. Analytical reports help to provide suitable treatment plans with higher accuracy. Moreover, due to instant connection with patients, physicians can assist their patients if some critical situation happens.
Modern RPM applications are designed to increase patient engagement. Such engagement features as gamification and notifications encourage patients to take control over their health. For example, patients get rewards for taking their health indicators five days in a row. More engagement means more data for healthcare providers, hence improved treatment.
Constant professional assistance
Remote patient monitoring isn’t just about data collection. Most RPM solutions have integrated communication tools such as chats, video calls, etc. Patients can receive constant professional help concerning their physical and emotional condition when participating in remote patient monitoring programs.
Benefits of remote patient monitoring for healthcare providers
Healthcare organizations benefit from remote patient monitoring greatly. From decreasing the number of visits to saving costs, RPM promotes remote care at patients’ homes. Remote patient monitoring enables healthcare provides to:
The list of benefits of remote patient monitoring goes on. Here are some of the advantages of high importance you should know.
Lower readmission rates
America’s Health Insurance Plans’ survey reports that 40% of senior citizens enrolled in remote patient monitoring programs reduced hospital readmission, and 76% were less likely to be readmitted to a hospital. Here’s the story of the Trinity Health RPM program. They launched a 30-days program for patients who had episodic Medicare discharges. Patients were encouraged to engage with an automated virtual assistant who instructed them to self-report their health information. By the end of a program, readmission rates dropped from 18% to 8%, proving RPM brings positive results quickly.
Severe condition monitoring
Acute, chronic diseases such as heart failure or Chronic Obstructive Pulmonary Disease (COPD) require special care, which may be costly or even out of reach for some patients. Portable health devices such as a pulse oximeter and smart scales help detect the disease side effects such as low oxygen level and sudden increase in weight which indicate vital health changes for COPD and heart failure.
Convenient processing of medical data
Healthcare givers work with dozens of patient data daily. Manual collection and data analysis require time and human resources. Remote patient monitoring deals with some routine tasks automatically. Questionnaire applications provide quick data collection. Applications for precision medicine structure and analyze anonymous patient data. RPM apps for special disease treatment and IoT devices collect data from patients and deliver it directly to their physicians. The automatic approach for data collection and analysis gives practitioners more free time to provide quality care.
Optimized healthcare costs
Implementing remote patient monitoring is profitable for healthcare facilities. Hospitalization and acute disease care are costly. RPM lowers readmission rates, prevents acute disease severe conditions, and provides substantial cost savings for healthcare providers. Precisely, RPM’s yearly cost savings were estimated at more than USD 6 billion. Diabetes and obesity medical care are the most expensive in the U.S. The Center for Disease Control and Prevention estimates the cost for obesity treatment at USD 147 billion. According to the American Diabetes Association, the annual cost of diabetes treatment comprises USD 327 billion. Remote patient monitoring can significantly reduce these costs by helping practitioners timely address patients’ health issues.
The future of remote patient monitoring
The rapid RPM adoption has just begun. Healthcare providers’ interest to invest in remote patient monitoring is high. The RPM market size comprises USD 1.2 billion in 2021 and is projected to reach more than USD 4 billion by 2028. We’ll observe impetuous market growth since Medicare added RPM programs to Medicare coverage in April of 2021.
As more and more people use mobile devices in their everyday lives, mobile health and miniaturization will lead to RPM development innovations. RMP providers should prepare to deliver compliant and research-driven solutions supported by required patents.
Remote patient monitoring is an efficient tool to provide advanced medical care for people who suffer from chronic diseases. The RPM ecosystem is designed to collect patient vital health information at a distance, increasing the quality of medical care and saving healthcare organizations’ costs. The benefits of remote patient monitoring have been proved by several researchers lately. So, if you’re thinking of creating an RPM application, you’ve chosen the right time.
What is the future of remote patient monitoring?
The RPM market size comprises USD 1.2 billion in 2021 and is projected to reach more than USD 4 billion by 2028. As more and more people use mobile devices in their everyday lives, mobile health and miniaturization will lead to RPM development innovations. RMP providers should prepare to deliver compliant and research-driven solutions supported by required patents.
What problems does RPM solve?
Remote patient monitoring is designed to track patient conditions remotely. It facilitates chronic disease treatment, especially for older adults. It also solves the problem of lack of medical care in remote areas.
What are the benefits of remote patient monitoring?
Remote patient monitoring brings benefits both for patients and healthcare organizations. According to MSI International study, patients define the most valuable benefits as follows:
- Quality improvement. Quality images are crucial for healthcare providers as they simplify the recognition of areas that require attention.
- Control over personal health
- Greater accuracy
- Peace of mind
RPM facilitates data management for healthcare providers, increases healthcare outcomes, reduces readmission rates, helps to cure acute, chronic diseases at a distance, and improves medical care.