The Effects of Technology-Assisted Remote Patient Monitoring on Patient Results
The world recently endured one of the most lethal viruses in history, leading to critical shortages of hospital beds and many tragic losses. While the threat still lingers, we now have remarkable technology to assist outpatients.
Telehealth and remote patient monitoring are gaining traction among patients and medical professionals. These technologies facilitate the management of acute and chronic conditions, reduce infection risk, and lower patient travel costs.
Considering the steady growth rate of 26.7% from 2022 to 2027, the benefits of this technology are evident. The global market for monitoring systems is expected to rise from $53.6 billion in 2022 to $175.2 billion in 2027 (Source: Markets and Markets).
Remote Patient Monitoring System
Remote patient monitoring, also known as physiologic monitoring over the internet, uses digital technologies to track and gather patient health data, which is then electronically transmitted for evaluation by medical professionals. This system provides timely advice and guidance as needed.
Virtual care technology collects health data, including vital signs like blood pressure, weight, heart rate, and blood sugar levels. It can quickly retrieve necessary medical data, regardless of the patient’s location.
Interesting Statistics in Remote Patient Monitoring
- In 2020, over 23.4 million US patients used RPM; by 2024, this number is projected to exceed 30 million.
- About 65-70% of consumers in an MSI International survey expressed interest in RPM programs.
- 80% of Americans support remote patient monitoring programs.
- 37% of respondents felt RPM gave them more control over their health, 43% found it convenient, 39% thought it was effective, and 36% believed it accurately conveyed information.
- 25% of patients are willing to switch to a new healthcare provider for RPM services.
- 88% of healthcare providers prefer the RPM system.
Benefits of Remote Patient Monitoring
Hybrid Healthcare
Remote patient monitoring is transforming healthcare by empowering patients with the knowledge to make informed decisions. It improves access to care and patient outcomes, with diagnostic accuracy expected to match in-center tests eventually. Real-time data collection keeps patients connected to their healthcare providers, even from a distance.
Better Communication and Collaboration
RPM allows continuous monitoring of patients, enhancing communication and collaboration between patients and healthcare providers. Skilled professionals can provide accurate diagnoses using advanced technology, even remotely.
Reduced Hospitalization Costs
RPM enables patients to receive treatment at home, reducing hospital stay costs and outpatient care expenses. Recovering at home minimizes the drawbacks of prolonged hospital care and facilitates faster recovery by staying close to loved ones. Patients can return to work sooner, benefiting both them and their employers.
Improved Data Management
RPM technologies simplify accurate patient data collection, allowing clinicians to monitor patient health more efficiently. Connected devices enable patients to check vital signs like blood pressure, heart rate, and blood glucose levels from home.
Accurate Monitoring
Medical professionals can monitor patient vital signs remotely, whether they are within the hospital or across the globe. Alerts can be sent to security personnel, clients, and medical professionals to prevent crises. Collected data provides better healthcare outcomes.
Enhanced Data Analysis
RPM software allows healthcare professionals to review data and produce reports documenting patient progress. This improves real-time observation, data analysis, and accuracy, leading to better patient outcomes.
Conclusion
Technology is a powerful tool for healthcare professionals, revolutionizing how we live and manage our health. With smartphones and tablets, we can access relevant health data instantly. Remote patient monitoring offers this convenience while allowing patients to stay in the comfort of their homes.