With everything going digital, it was inevitable that healthcare was going to move in the same direction too. Today, we can see it in the form of RPM (remote patient monitoring) and other telehealth services, where health firms offer their services remotely. This is made possible with items like wearable devices and online platforms that connect the doctors to their patients as if they were there in person, albeit with a few limitations.
RPM has been of enormous benefit for many health practices—especially with the current limitations brought about by the COVID-19 pandemic. The fact that health services can be given remotely addresses various problems like missed appointments that can severely affect the patient’s recovery process.
With that being said, in this article, we will list down the reasons RPM has been a huge benefit to the healthcare industry.
1. Enhances revenue
Generally, RPM has helped many healthcare firms to gain more revenue through their services. This is because these systems have allowed a more seamless workflow! Also, thanks to a better collection of patient-generated data, patient care is improved. This leads to the development of the healthcare firm’s reputation, attracting more patients to enjoy their services—which leads to even more revenue.
2. Decrease emergency situations
With better patient care, the likelihood of an emergency arising drops significantly.
This benefits the health practice in many ways. First, with the decrease of the emergency, this means fewer costs to facilitate emergency room visits. Also, the risk of other problems like delayed visits that can prove fatal also drops, meaning that the risk of a serious and dangerous emergency decreases. This is less work for the health firm, which can translate to more focused efforts to support the healing process of patients!
3. Increases education and feedback
Thanks to the connectivity that RPM provides, doctors and patients have better communication. In turn, this allows doctors to quickly give feedback to patients, educating them to improve their recovery and treating process. Because the patient does not have to sit in the office and wait for doctors, they can also far more easily and quickly get the feedback they need, meaning that education happens faster and more efficiently!
4. Better management of chronic conditions
Of all the problems patients face, the majority falls under chronic conditions. In fact, around 90% of all healthcare costs are because of chronic conditions. However, many of these are preventable—and with RPM introduced, such costs can be significantly reduced.
This thanks to the ability to quickly access patient-generated data, as doctors can track their patients’ progress and manage their chronic conditions far better. This ensures that a patient’s recovery goes smoothly, with as few surprise issues and problems as possible.
Conclusion
Remote patient monitoring has benefitted the healthcare industry in so many ways. From better chronic management to decreased emergency situations, it has allowed healthcare practices to provide their patients the care they need in the comforts of their homes.
That said, there are many other benefits to be enjoyed that have not been listed, but the takeaway is this: RPM is a must-have to succeed today. If you have yet to implement RPM into your firm, work with agencies that offer you such a service to support your healthcare practice and secure success.
Medistics Health offers a remote patient monitoring system to help doctors get the data they need from patients at home to ensure quality care for a full recovery. Learn more about how our RPM System can help you today and get started using it for your practice!