15 Fast Facts About Remote Monitoring in 2024
From AI-driven virtual sitters to remote therapeutic monitoring (RTM) pillboxes, innovative solutions are addressing healthcare challenges. RPM is proving effective in reducing hospital stays and readmission rates and supporting better management of chronic conditions. We hope you enjoy these quick, fast facts about remote monitoring.
1.)
Teladoc Health will launch AI capabilities for a virtual sitter solution for hospital settings to watch over patients who need added monitoring attention.
2.)
According to Wissen Research, the RPM market was valued at about $40 billion in 2023 and is projected to grow at a compound annual growth rate of 12% over 10 years.
3.)
iHealth’s Unified Care program reduced stage 2 hypertension patients’ blood pressure by 14.1/8.0 mmHg over 24 months, with the greatest improvements in the first six months. Regular at-home monitoring proved key to success.
4.)
“Remote therapeutic monitoring takes remote care to the next level,” says Chris Frost, MD, of Lifepoint Health. “It combines monitoring with therapeutic guidance from clinical algorithms, offering decision support for clinicians and patients.”
5.)
According to the American Hospital Association, 76% of U.S. hospitals use telehealth technology to communicate with patients remotely.
6.)
CHIME’s 2024 Most Wired survey reveals that 87% of healthcare organizations integrate remote patient monitoring into treatment plans, 93% offer telehealth services, and 97% support virtual patient and family visits.
7.)
The FCC’s Rural Health Care Program supports broadband adoption, but almost 40% of people in rural areas still lack access.
8.)
Safer@Home Care and Los Angeles General Medical Center studied 876 patients with virtual home-acute care and found they spent 4 days fewer in the hospital than 1590 patients with traditional hospital care. There was no difference in 30-day readmission or mortality rates and no out-of-hospital deaths.
9.)
Atrium Health’s Perfect Care Initiative, launched in 2018, reports that remote patient monitoring has reduced postoperative stays, lowered 30-day readmission rates, and boosted patient satisfaction for cardiac surgery patients.
10.)
According to the American Medical Association’s BHI Collaborative, digital tools now serve as the backbone of successful integration strategies.
11.)
The EHealth ESitter system in epilepsy monitoring units improves patient safety by providing 24/7 audiovisual oversight, reducing staff burdens, and supporting clinicians as a “second set of eyes.”
12.)
A&D Medical, a pioneer in health monitoring innovation for nearly 5 decades launched a cellular blood pressure monitor and weight scale in 2024.
13.)
A recent report by Transparency Marketing Research highlighted that the durable medical equipment market is growing with the rise of smart devices.
14.)
RX Keeper estimates there are 12 Million Medicare patients who are remote therapeutic monitoring solution candidates.
15.)
A CMS study on the AHCAH initiative, reported that quality of care provided in AHCAH was on par with or better than that provided in traditional inpatient settings, and that AHCAH hospitals had lower mortality rates than traditional care.
Fast Facts About Remote Monitoring
These facts about remote monitoring in 2024 demonstrate how new remote health technologies are improving patient safety, reducing hospitalizations, and enhancing chronic condition management. The continued adoption and integration of remote monitoring solutions will lead to better outcomes, lower costs, and greater access to care for populations in need. Be sure to visit the Tenovi blog often for more interesting facts about remote patient monitoring statistics and digital health that will help you spark stakeholder conversations around remote health.
