The Complete Guide to Know About Remote Patient Monitoring Services

Remote patient monitoring services, RPM, refers to technology that enables the monitoring, reporting, and analysis of patients and their data, beyond the conventional setup of a physician’s establishment or doctor’s office. In other words, Remote Patient Monitoring allows for the dissemination of care and tracking of patient data remotely, with there being provisions to transmit this data wirelessly via a unified

Common Remote Patient Monitoring Devices

  • Blood pressure cuffs that calculate blood flow and heart rate.
  • Glucometer, which measures a patient’s blood sugar level
  • Pulse oximeter, which is used to record a patient’s pulse and oxygen levels
  • Bluetooth thermometers that enable remote temperature tracking
  • Bluetooth scales that allow the remote tracking of weight changes over time

The State of The  Remote Patient Monitoring market

  • 23.4 million patients used RPM services in 2022
  • $745,700,000 is the estimated value of the worldwide RPM market
  • 26 states have received Medicare coverage for RPM, as per 2021
  • 57% of healthcare practices use RPM around the United States 
  • 88% of survey respondents have received healthcare services remotely within the past year

The Need for  Remote Patient Monitoring

  • 133 million Americans live with at least one chronic condition such as arthritis, heart disease, and hypertension
  • The #1 chronic disease in the world is high blood pressure (hypertension). 47% of the adult population has hypertension
  • 40% of Americans have at least two chronic illness
  • 6.5 million of US adults are at risk of heart failure
  • 90% of healthcare costs in America go toward chronic care management

Top 5 Consumer Benefits of  Remote Patient Monitoring

  • 36% of patients rely on RPM because it gives them peace of mind
  • 39% of patients most value the efficiency RPM affords them 
  • 37% of patients are most impressed by RPM’s ability to give them more control over their personal health
  • 36% of patients most value RPM due to the accuracy it brings to the table
  • 43% of patients primarily use RPM because of the convenience it offers

Facility Benefits of  Remote Patient Monitoring

  • RPM can improve staff satisfaction by up to 64%
  • Patient satisfaction also goes up by on average 73% 
  • The healthcare industry stands to save $700 billion with RPM
  • RPM can free up limited bed space and other finite resources
  • Healthcare facilities that implement RPM can lower admissions by 76%

The Future of  Remote Patient Monitoring Services

  • 50% of patients are very favorable to including RPM in healthcare provision
  • 80% of patients are open and willing to use RPM solutions and services
  • $250 billion could go into virtual care as healthcare spending goes in a new direction
  • $7.4 billion is the estimated market value of the global RPM market by 2029
  • 16.4% is the projected CAGR to enable the above market value by 2029

Benefits of Using Aura Health’s  Remote Patient Monitoring Solutions

  • Up to 48.1% of doctor appointments are missed. Aura Health offers appointment reminders and convenient scheduling features to eliminate scheduling conflicts
  • 40% reduction in the readmission rate, thus improving the quality of care
  • $180 increase in individual patient income monthly due to RPM reimbursements 
  • 90% improvement in patient engagement with our RPM solution, UNICA

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