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Wednesday, June 3, 2015

Remote Patient Monitoring

Telemedicine,  remote patient monitoring  go hand in hand in the world of HIT.  Telemedicine although becoming more commonplace faces some serious legal hurdles from the Federal Trade Commission and the Food and Drug Administration as well as established regulatory state medical boards.  However the battle is on and the current focus on cost containment, improving outcomes coupled with reducing hospital admissions will most likely overcome these obstacles.

Remote monitoring has been made possible by advances in wireless technology. Monitoring vital signs from a patient at home reduces the necessity of a hospitalization or a stay in a SNF. It will take some effort to make this sea-change to make it a standard of care.

The  following seminar hopes to address these issues.

The Remote Monitoring, Implementation and Data Integration Summit 2015 Los Angeles California will be held 23-24 June 2015.

"With the US health care system transitioning from a volume to value model, it is a critical time for health care providers to re-evaluate and evolve their services to ensure they meet new model quotas. With new model requirements, health care providers must improve the quality of care, with the goal of dramatically reducing readmission rates, or face penalties.
Of course, one of the key and most revolutionary opportunities for cutting costs and improving the care of the chronically ill to reduce readmission rates is Remote Patient Monitoring (RPM). Set to transform the way patients are cared for in the years ahead, it is forecasted not only to save long term costs within healthcare institutions, but also to save the US government a staggering $700 Billion in health care costs over the next 15-20 years.

As with all disruptive technologies however, there are significant barriers to implementation of RPM which need to be overcome in order to realize the full benefits. US health systems therefore need to know:"

What Are The Top 3 Barriers To Implementation? Cost; trained staff to utilize the home monitoring equipment, data, and communication; patient/ caregiver adherence. Legal, regulatory, equality of care, lack of standardization and security Connectivity on the patient side (need adequate internet to send data)

What Is The Largest Barrier Preventing Insurance Providers From Reimbursing RPM? Reimbursement for RPM is an innovative concept and the biggest barrier is having programs in place to manage populations. Effective RPM can’t be put in place / approved on individuals: it must be looked at for groups of the population to be most effective.

Key Topic Areas Presented By Leading Healthcare Providers Include:

  • MEASURING THE VALUE OF RPM: Examining the correlation between remote patient monitoring and reduced readmission rates to quantify return on investment
  • CONDITION-SPECIFIC CASE STUDIES: Reviewing the latest disease-specific RPM case studies to identify where the most immediate opportunities lie for improving care to the chronically ill
  • REIMBURSEMENT: Investigating the case for and against reimbursement from the insurance perspective to determine payer support for RPM - Private VS Medicare
  • CRITERIA FOR A SUCCESSFUL RPM PROGRAM: Identifying implementation criteria to ensure RPM programs successfully reduce readmission rates while mitigating financial risk
  • PATIENT BUY-IN: Identifying barriers to patient buy-in and devising actionable plans to maximize RPM reach and adoption
  • DATA TRANSMISSION & REPORTING - DEVICES: Scrutinizing RPM data gathering and selection technologies to identify which can deliver the quality of data necessary for a responsive program
  • INTEGRATION OF TECHNOLOGIES: Scrutinizing the integratability of RPM technologies and data gathering devices to determine which can be seamlessly synthesized with existing systems
  • OVERCOMING TECHNICAL BARRIERS TO ADOPTION: Identifying strategies for overcoming home bandwidth limitations and data security risk to drive RPM adoption.     The meeting will bring together key industry players and health professionals

1 comment:

  1. Great post man. These Remote patient monitoring companies are really revolutionizing the way healthcare assistance is provided. Nowadays those not in direct access to healthcare centers can actually take benefit of this and through a video call or sending the reports online to their doctor can develop a much better relationship with their healthcare professional and hence better satisfaction for the patient.