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Remote Patient Monitoring (RPM)
New Wave of Physician and Caregiver While not a new technology, RPM will enable providers to monitor patients
in a way to slow or prevent disease progression or manage chronic
Entrepreneurs conditions more effectively, with the goal of prevention and slowing of
episodic events. With a CMS ruling passed March 1, 2020, providers can
now get reimbursed for the following RPM:
• Physiologic parameter(s) (e.g., weight, blood pressure, pulse oximetry,
respiratory flow rate), including patient set-up, education, management,
Alternative business models with convenient hours based on consumerism or models
based on subscription services will offer a novel way to build a virtual practice. and interpretation of the data
Like we’ve seen with teleradiology, one physician can serve multiple institutions • Device(s) supply with daily recording(s) or programmed alert(s)
simultaneously, which helps compensate for the shortages in certain specialties. transmission
While we anticipate numerous specialties leveraging telemedicine in the coming
years, Neurology, Behavioral Health, Nephrology, Hospitalists, Intensivists, Emergency Telepharmacy
Medicine, and Neonatology are a few of the specialties that are prime for innovative Pharmacists are in a highly visible and patient-accessible role and
contracting and minimizing their physical presence within hospitals and clinics. should be integrated into telehealth solutions. It is estimated that over
125,000 patients die each year due to medication non-adherence. This
non-adherence – not taking a medication correctly, or simply not taking
it at all – has led to healthcare costs approaching $105 billion. With the 90%
rise in telemedicine, we’ll see pharmacists play a more active role in
the care management team.* Technology has provided the gateway for
telemedicine’s global acceptance and multiple technological avenues for Of patients engaged in telemonitoring
patients and for providers to deliver care. Once a threat to providers’ bottom service had controlled blood pressure
line, there’s no stopping the telemedicine momentum as payers reimburse at six- and 12-month intervals.*
for virtual care and consumerism prevails.
*Source: The American Journal of Managed Care, 2019