7 Remote Patient Monitoring Stats You Need to Know
Telehealth and virtual care have been on the rise during the past few years, and remote patient monitoring (RPM) has become an integral part of this technology. There is more demand for RPM than ever before, which is why a lot of healthcare providers are looking for medical-grade devices and connected medical equipment that can make this happen.
Remote patient monitoring offers a wide variety of benefits, including:
- Giving providers access to more accurate information
- Reducing the number of ER and hospital visits
- Reducing the barriers patients have between them and their providers
There are several important statistics that vividly paint the picture of the impact that remote patient monitoring could have on the future of healthcare.
1. Millions of Patients Are Already Using Remote Patient Monitoring Tools
According to a survey conducted by Insider Intelligence, more than 23 million patients were already using remote patient monitoring tools and services in 2020. Furthermore, this number is expected to rise, with more than 30 million people expected to use these same tools and services by 2024.
This trend indicates that there is a significant amount of demand for remote patient monitoring, and that the growth potential is there.
2. The Vast Majority of Patients Favor Remote Patient Monitoring
According to a survey from MSI International, more than 80% of people in the United States are in favor of remote patient monitoring. Most people want to see it incorporated as a standard service in healthcare. It’s obvious that patients realize the wide variety of benefits this can provide them.
- Reduced trips to the doctor’s office
- Less time taken off from work or school
- Real-time data for doctors and nurses to make better decisions
- Improved health outcomes
For these reasons, it is important for healthcare systems to embrace remote patient monitoring.
3. Patients Are Already Used To Remote Healthcare
Many doctors and hospital systems may not realize that they already have the foundation built for a remote patient monitoring program.
According to another survey published by MSI International, close to 90% of patients stated that they had already had healthcare performed remotely at some point during the past year.
Therefore, patients are already used to remote healthcare, which might make it easier for hospital systems to expand to a comprehensive remote patient monitoring program.
4. Remote Patient Monitoring Systems Increase Patient Satisfaction Scores
A comprehensive remote patient monitoring system is likely to be accepted by patients. The University of Pittsburgh medical system reported that patient satisfaction scores rose to over 90% after they provided patients with equipment and tablets used for remote patient monitoring.
This trend is a sign that patients are very likely to accept medical-grade wearable devices that can collect data in real-time and help their medical providers make better decisions.
5. Remote Monitoring Devices Are Used Across All Generations
Even though hypertension is closely tied to those of advanced age, plenty of younger individuals are already using devices that help them track their blood pressure. This would suggest patients are generally open to the adoption of remote patient monitoring devices, regardless of age.
6. Most Physicians Are Already Investing in Remote Patient Monitoring Devices
Though there is naturally some skepticism, many doctors are already on board with remote patient monitoring devices as well. According to a 2019 survey that was published by Spyglass Consulting Group, close to 90% of healthcare providers surveyed had indicated that they were already investing in remote patient monitoring technologies. A lot of medical practices are already moving in that direction.
7. Insurance Providers Are Willing To Cover the Cost
The financial aspect of the medical industry is also seeing the benefit of remote patient monitoring. According to information published by the Center for Connected Health Policy, more than half of all states have already adopted Medicaid coverage for remote patient monitoring. This number is expected to rise, and private insurance companies should continue to increase their coverage as well.
Trust the BioSuite of Remote Physiologic Monitoring
If you are interested in implementing a remote patient monitoring program in your medical practice or healthcare facility, Joerns is here to help. We have recently partnered with BioIntelliSense™ to deliver medical-grade wearable devices that can help you get the most out of your remote patient monitoring program.
The BioButton® and BioSticker™ can be used to track body position, heart rate, respiratory rate, activity level, skin temperature, and more. Therefore, physicians can have access to the real-time information they need to make more accurate decisions about the care of their patients.
Contact us today for more information on our remote patient monitoring capabilities.