Remote Patient Monitoring Can Be a Game-Changer for Healthcare
As the name indicates, remote patient monitoring (RPM) involves the use of technology to monitor patients’ health and vital signs outside clinical settings. It has shown enormous potential to improve accessibility to care and address many inequities. Although the idea behind RPM was conceived over a decade ago, the Covid-19 pandemic pushed many providers as well as patients to re-think their stance on RPM.
Innovations in health information gathering form the cornerstone of remote patient monitoring platforms. Gadgets like Apple’s smartwatches, Fitbits, and other smart wearables capture important vital signs like heart rate, electrocardiogram, blood pressure, body temperature, and so on. Such devices are an excellent way for providers to track a person’s vitals in real-time.
RPM For Preventive Care
As the old saying goes, “Prevention is better than cure.”
Remote patient monitoring services often involve IoT-powered smart gadgets or devices that help monitor patient vitals. This is immensely beneficial for seniors in retirement communities or patients living in assisted living institutions. Such people would have difficulty traveling to clinics for consultations. But with RPM-enabled devices, doctors can collect their health information remotely and assess it to find out any medical risks around the corner.
Healthcare analytics form the backbone of preventive medicine. While remote patient monitoring systems collect health data, advanced algorithms assess the same to detect early signs of disease. Such ability enables doctors to prescribe appropriate medication and recommend changes to lifestyles that would be conducive to wellbeing. Such a preventive approach has led many experts to rethink healthcare and advocate for a more proactive approach, rather than a reactive one that only jumps in during hospitalizations.
Role of RPM in Chronic Care
Almost 50% of Americans suffer from at least one chronic disease. Studies have shown that chronic diseases cost the country about $3.7 trillion in lost productivity. Public health experts have even declared this to be a national health crisis. In light of this, providers using a remote patient monitoring system have hinted at its vast potential for chronic care.
Utilizing Healthcare Analytics to improve better performance in Healthcare Sector
Big data analytics is changing how businesses operate across a wide range of sectors through the Integration of Healthcare Analytics.
Healthcare analytics is the process of analyzing data using statistical and predictive approaches to discover insights and correlations in the data – to gather, manage, analyze, interpret, and transform data into reliable, relevant, and accurate data.
Medical institutions all across the globe are under tremendous pressure to save resources, enhance coordination and performance,...
Healthcare Analytics - Osplabsosplabs.com
OSP creates high-quality healthcare technology solutions that can improve healthcare analytics and population health management....
Introduction to Healthcare Application Development
The smartphone revolution has ushered in the era of mobile applications. From simple calculators and calendars to elaborate apps for gaming, astronomy, and more, the smartphone has led to the creation of one of the world’s largest industries. Healthcare Application Development was quick to bank upon this opportunity to roll out numerous mobile apps that’d benefit doctors and patients. What followed was a torrent of creativity as applications for everything from weight loss to yoga, nutrition,...
Healthcare EDI (Electronic Data Interchange) has been used for decades. Payers use healthcare EDI to determine healthcare coverage and verify benefits. EDI is as important as several other data exchange formats in the healthcare industry. Healthcare EDI has transformed the healthcare industry, manufacturing, and supply chain.
So what is healthcare EDI?
Healthcare EDI is a way for healthcare organizations to exchange data to and from external systems and entities. Instead of preparing such data manually and risking...
American healthcare is extremely complex with many layers of regulation and bureaucracy. From the time a person walks in for a consultation, to the moment when the doctor gets paid for his services, there is an elaborate series of steps that need to be carried out for everything to work out smoothly.
Managing appointments, verifying insurance coverage, documenting the visit, medical coding, and submitting a claim to a payer are the steps of processes that transpire between a scheduled appointment and a doctor getting paid for his services. Needless to say, it is a very long, time-consuming, and laborious process that is also prone to errors. But digitization has alleviated much of the problems that haunt these procedures. Thanks to innovations in healthcare technologies, there are digital solutions from multiple companies for each of the processes mentioned above. However, all of them need to work together seamlessly in order for providers to derive value for their investment in the solutions.
Is Revenue Cycle Management Software A Mandate For Healthcare Providers?
Revenue cycle management is a two-way process offering providers with seamless reimbursements and patients prompt care. It is eminent for any healthcare entity and should be streamlined using the best digital tools of the technical world.
What is revenue cycle management?
The process includes conceptualizing a strategy to manage the healthcare revenue cycle clinical and administrative functions. It conjures several terms such as appointments, invalid deductions, billing systems, remote patient care, patient data, and much more when related to healthcare providers. Starting from a single call for the appointment, the cycle revolves around certain steps and concludes when the payments have been closed for the treatment. The main goal of managing revenue is to identify any loopholes in the entire cycle. When done properly, revenue cycle management can help maximize claims and enhance return on investment.
Remote Patient Monitoring Can Help Contain the Growing Epidemic of Chronic Diseases
It is estimated that more than 40% of Americans suffer from at least one chronic disease. Many of them even suffer from more than one. Furthermore, experts estimate that the cost of chronic diseases, including the healthcare cost and the loss in economic productivity, to be approximately $3.7 trillion each year. Specialists in public health concur that this is a genuine healthcare crisis in the country.