Healthcare News & Insights

Remote patient monitoring adoption grew 20% last year, report says

As hospitals begin to adopt more health IT in general, there’s one area aside from electronic health records that many providers are seeing value in: remote patient monitoring. 

The market for technology to support remote monitoring grew by 20% from 2011 to 2012, according to a new report from Kalorama Information. In addition, researchers predicted the market will double in size between now and 2016.

That technology includes:

  • Devices that collect patient data remotely
  • Software and equipment that processes data, and
  • Tools that import patient data into electronic health records.

The main reasons more hospitals are turning to remote patient monitoring: They can help providers deliver better care more efficiently, according to the facilities interviewed for the report.

According to hospitals, remote monitoring allows them to see more patients using the same in-house resources, since some in-person visits are unnecessary when data is collected remotely. Also, remote patient monitoring allows providers to catch some issues earlier and prevent them from becoming serious health problems.

Studies show benefits of telehealth

Previous reports have also highlight the benefits of remote patient monitoring and other telehealth tools for hospitals and patients. For example, in one case study, a Pennsylvania hospital achieved a 100% return on its investment in a telehealth system after a just a few months. Most of that return was due to increased revenue because the hospital was able to treat more patients it normally wouldn’t have been able to reach.

And a study at another hospital found that patients who had participated in a telehealth program were 44% less likely to readmitted to the hospital after 30 days. Patients’ case managers also reported good results, with 96% saying the telehealth technologies allowed them to monitor patients more efficiently.

Subscribe Today

Get the latest and greatest healthcare news and insights delivered to your inbox.