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Early indications show that remote patient monitoring holds promise in advancing value-based care. But healthcare providers and practice managers need to consider several factors before they begin to integrate RPM and wearables into their practices and decision-making processes. U.S. healthcare providers are increasingly turning to wearable devices and remote patient monitoring (RPM) technology to improve patient outcomes and reduce costs. This is spurring healthcare industry newcomers and legacy players alike to rush to develop new wearables and functionality.
Early indications show that RPM holds promise in advancing value-based care. But healthcare providers and practice managers need to consider several factors before they begin to integrate RPM and wearables into their practices and decision-making processes. According to industry projections, RPM technology will become ubiquitous in the coming years. Insider Intelligence estimates 70.6 million patients in the U.S., or 26.2% of the population, will use RPM technology by 2025.
As the industry moves toward a value-based care model, virtual health is playing a role in containing costs, solving inequity in care access, and improving efficiency and quality. RPM technology extends provider reach and offers a continuous stream of real-time patient health data to help inform treatment plans.
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