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Remote patient monitoring (RPM) is a healthcare delivery that helps patients, clinicians, caregivers, and the healthcare system by utilizing technological advancements to collect patient data outside of typical healthcare settings.
Fremont, CA: Providers gain from remote patient monitoring because it improves their clinical insight into patients' conditions between office visits and gives them tools to inform proactive care delivery. For example, RPM allows practitioners to monitor how a patient's symptoms vary over time, allowing them to see trends and adjust their care plan as needed.
Benefits of Remote Patient Monitoring for Patients, Providers, Payers, and Healthcare Organizations:
Helps Patients Improve Self-management and Care Plan Adherence
Patients with various chronic comorbidities, COVID-19 infection, post-surgical recovery, maternal and child needs, malignant neoplasms, and other conditions benefit from remote patient monitoring because it provides them with readily available, condition-specific, and easy-to-use access tools to manage their condition.
Cost of Care Reduction for Payers and Providers
Remote patient monitoring has shown to have a significant influence on minimizing possibly avoidable ED visits and avoidable hospital admissions and readmissions. It allows for ED diversion and early acute release, resulting in shorter hospital stays and cheaper healthcare costs. In addition, RPM allows for the transfer of appropriate acute and chronic care monitoring levels into the home, lowering inpatient expenses
Boosts Net Patient Revenue
The cost of caring for a patient is substantially less than the accompanying Brick & Mortar costs. When an organization implements RPM, net patient revenue can grow due to improved process efficiencies, increased staff productivity, and lower administrative costs. RPM can also help you be reimbursed and get a competitive advantage.
Reduces Patient’s Expenses and Improves Work Productivity
When a patient receives care via RPM, they can skip the costs of an in-person appointment. Patients save time and money by avoiding the hassles and expenses of travel, parking, childcare, and taking time off work.
Improves Access to Care
Remote patient monitoring overcomes access barriers by delivering care to patients when and when needed. It can be used to reach patients in rural locations and connect them with specialists they would not otherwise be able to see. It's also an excellent strategy to cut down on missed appointments.
Builds Patient Engagement
Remote patient monitoring is an excellent patient engagement method since it gives patients tools to help them understand their health. Patients are more likely to have positive health outcomes when they understand their disease, treatment plan, and their role in improving their health. In addition, their participation is boosted even more by easy access to health education materials.