Remote patient monitoring (RPM) has been gaining popularity among seniors in recent years as it allows them to receive healthcare from the comfort of their own homes, which can be especially beneficial for those who have difficulty traveling to the doctor’s office. RPM is a set of digital tools and technologies used to collect and transmit patient health data from remote locations to healthcare providers. This data can include vital signs, symptoms, medication adherence, and other health-related information. The goal of RPM is to provide healthcare providers with real-time information about their patients’ health status, allowing for more proactive and personalized care.
According to a report by Grand View Research, the global remote patient monitoring market was valued at USD 3.7 billion in 2020 and is expected to grow at a CAGR of 14.5% from 2021 to 2028. This growth is attributed to the increasing adoption of RPM by elderly population as they are more prone to chronic diseases and have a higher risk of hospitalization.
A study published in the Journal of Medical Internet Research in 2016 found that the use of RPM for patients with heart failure led to a 38% reduction in hospital readmissions and a 39% reduction in emergency department visits. This suggests that RPM can be beneficial for seniors and can help to reduce their risk of hospitalization. Additionally, the use of RPM can improve communication between patients and physicians, this can help in reducing the time and effort needed to relay information and follow-up with patients, which can help in providing more efficient care.
It’s important to note that while the usage of RPM has been increasing in recent years, the exact percentage of seniors currently using RPM is likely to change with time and may vary depending on location, insurance coverage, and other factors. However, with the fast-paced and ever-changing healthcare landscape, it is essential for seniors to have access to the latest technology and tools that can help them manage their health.
RPM can provide seniors with the opportunity to receive care in the comfort of their own homes, which can be especially beneficial for those who have difficulty traveling to the doctor’s office. RPM also allows healthcare providers to monitor their patients’ health status in real-time, which can help to identify potential problems early on and allow for earlier intervention. This can help to reduce the need for hospitalization and emergency department visits, which can not only save money but also improve the overall quality of care for seniors.
However, it’s important to note that the reimbursement and coverage for RPM services may vary depending on the payer and the specific circumstances of the patient’s care. Additionally, there may be specific documentation and reporting requirements that must be met in order to bill for these services. It’s important for seniors and their healthcare providers to stay up-to-date on the latest coding and reimbursement guidelines for RPM, as these codes and regulations can change over time.
In conclusion, Remote patient monitoring (RPM) is a valuable tool that can help seniors to manage their health and receive care from the comfort of their own homes. RPM can reduce the need for hospitalization and emergency department visits, improve communication between patients and physicians, and improve the overall quality of care for seniors. It’s essential for seniors and their healthcare providers to stay up-to-date on the latest coding and reimbursement guidelines for RPM and to check with the payer beforehand to ensure that the services and codes will be covered by the patient’s insurance plan.
SenSights Care Solution
SenSights Care is a Remote Patient Monitoring & Aging Solution which benefits seniors and healthcare facilities working with seniors having chronic conditions like Dementia, Alzheimer’s, High Blood Pressure, Falls and others.
The 3 main components of SenSights Care solution are:
- Touchless Fall Detection
- Contactless Wellness Monitoring
- Convenience for seniors, caregivers, and agency
The solution helps at-risk providers, skilled nursing, long-term living communities, home health providers and other senior care entities to increase their capacity by complementing physical visits with virtual care, avoid wandering and fall episodes and by offering proactive monitoring and risk profiles along with smart alerts through our SenSights Care app. In 2021 our platform was named best in class for patient engagement, remote monitoring and virtual care by Healthcare Tech Outlook.
We are a North American-based startup that provides comprehensive capabilities for home care organizations to manage their senior care services using state-of-art AI and 5G technologies and allow for a greater independence. We are uniquely positioned as we are the only one with a combination of
- Ambient or Touchless Fall Detection
- Deviceless or Contactless Wellness Monitoring
- Comprehensive Mobile, Tablet and Web Solution for Seniors, Caregivers and Agency
- Complete Out-of-box Telehealth and Telemedicine Platform with integration with over 15+ smart devices and several leading EMRs/EHRs like PointClick Care, Cerner and many more in pipeline
- Over 40+ Data Scientists, Engineers and Medical Advisors to help integrate and improve digital transformation journey of our client with services, products and platform focused on senior market
We provide the best in class health platform for patient engagement, remote monitoring and virtual care. Patients are guided on smartphones, tablets and computers from preparation through recovery with the help of reminders, education and activity tracking. Providers can receive alerts, monitor patients and access analytics to deliver better care. Health systems use SenSights Care to improve patient satisfaction while reducing hospital length of stay, readmissions, and costs.
We would like to work with you to help you grow your business with our unique business model of sharing revenue with healthcare providers.
Book a consultation today to see how we can help digitally transform your healthcare organization at https://sensights.ai/contact-us/
Learn more about our SenSights Care Solution on http://sensightscare.com/