KLAS identifies remote patient monitoring as re-emerging market, poised for growth
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Philips highlighted as a leading vendor in first KLAS remote patient monitoring report
Faced with rising costs, the demands of value-based care, and pressure from growing competition, healthcare organizations today are pursuing strategic initiatives to help improve outcomes at a lower cost, including population health management, patient engagement, and telehealth programs. As many begin to tackle these larger, more complex initiatives, remote patient monitoring (RPM) is re-emerging as a popular option. Enabling clinicians to monitor patients in home by collecting behavioral and biometric data, RPM is a simpler, more tactical way of controlling cost and improving care.
Remote patient monitoring helps improve the patient experience and connect patients with their caregivers.
In its first RPM report, KLAS partnered with the American Telemedicine Association (ATA) to evaluate this shifting RPM landscape – exploring the strategies of 25 healthcare organizations and assessing the potential that RPM vendors have to address the needs of patients and healthcare providers. To do this, KLAS spoke with the customers of seven leading RPM vendor platforms, including Philips and its customers using the eCareCoordinator platform.
Providers are realizing the value of remote patient monitoring platforms to better monitor their patients and help clinicians to make informed, timely care decisions.
Business Leader of Population Health Management at Philips
“Providers are realizing the value of remote patient monitoring platforms to better monitor their patients and help clinicians to make informed, timely care decisions,” said Derek Ross, Business Leader of Population Health Management at Philips. “While the concept of remote patient monitoring isn’t new, vendors are now playing a larger role in not only developing forward-thinking technology platforms, but offering services that build on the platform to help health systems continue to make population health a reality.”
With the eCareCompanion app, patients can log their daily health status with a tablet at home.
Helping improve the patient experience and give remote care a human touch, Philips’ eCareCoordinator platform connects patients with their caregivers. Patients can log their daily health status with the home tablet-based eCareCompanion app, and clinicians in the hospital can track their populations of patients, identifying those most in need of immediate intervention to help prevent a hospitalization.
By offering data-driven business transformation solutions built around data management, data insights, care management, and reporting and submission, Philips’ solutions enable clinicians to focus on effective care management and delivery – ultimately helping them to understand, activate, and navigate their patient populations.