Ever since its introduction in the healthcare systems, Remote Patient Monitoring (RPM) has undergone significant transformation. It not only improved the way patients and providers communicate outside of a clinical setting but also encouraged patient engagement and improved health outcomes. The adoption of RPM and other healthcare technologies has helped healthcare providers in boosting patient interactions, reimbursements, and growth over the years.
Before you implement an RPM system into your healthcare practice, look at the RPM trends and statistics from recent years:
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ToggleThough remote patient monitoring has gained a worldwide popularity in a short span of time, still many healthcare providers are reluctant to implement an RPM program into their healthcare practice. The reasons concerning most of them are privacy issues and lack of understanding how digital healthcare platforms work.
A HIMSS survey indicated that 57% of healthcare providers feel it’s hard for both patients and providers to implement an RPM system, especially majority of aged patients are not very good at using smartphones and Internet.
Approximately 22% of patients expressed concerns about the privacy of their profiles and vitals data over a cloud healthcare platform.
As per the research conducted by Insider Intelligence, Strategic Market Research, and MarketsandMarkets Research, following are the RPM trends likely to be witnessed in the future:
HealthArc’s all-in-one advanced care management platform helps practices connect to their patients, optimize reimbursement and minimize documentation with increased clinical efficiency. Our HIPAA compliant software ensures you are adhering to the policies and organized for accurate billing.
Our RPM software offers seamless integration with all leading EHRs through HL7 and FHIR capabilities and replaces catch-all documents with editable care plan templates featuring checkboxes, allowing practitioners to quickly choose the most relevant goals, barriers (SDOH), symptoms, allergies, medication, preventive care, self-management goals for each patient. Healthcare providers can conveniently communicate with patients via audio, video calls, SMS.
In addition, providers can make timely interventions, formulate care plans, re-fill prescriptions, review diagnostics and make referrals using HealthArc. Practices can also access staff productivity, billing reports and various other reports.
Schedule a free demo today to find out how our digital platform works and how it can help enhance care and revenue for your practice.
In 2024, 30 million people in the U.S. used RPM, up from 23 million in 2020. The number is likely to grow to 70.6 million by the end of 2025.
The global RPM market is expected to grow at a compound annual growth rate (CAGR) of about 13.5%, reaching nearly $189 billion by 2028.
Research indicates that RPM can enhance patient engagement by as much as 80% and adherence to care plans by more than 70%.
More than 90 percent of respondents claim that they are more satisfied with RPM because of the ability to view the state of their health at home and less inpatient utilization.
The statistics provided by UPMC show that RPM can reduce the length of stay across chronic patients up to 25 percent and decrease the readmission rate by 76 percent.
With proper billing plans, RPM programs are capable of helping the providers to achieve about 1,000 dollars per patient in savings in a year and an extra reimbursement rate of approximately 30%.
RPM is widely used in managing chronic illnesses like diabetes and cardiovascular and pulmonary diseases, where it enables a timely response and enhanced clinical results.
In fact, about 90 percent of medical professionals are putting their money in RPM technology. By 2025, projections indicate that the global population will use more than 440,700,000 wearable RPM devices.
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