Now it’s finally time to face the “CMS Reaper.” It’s a very simple choice, pay the penalties or get a telehealth system and reap the rewards of lower readmissions, no penalties from CMS, more cost savings and improved health outcomes. You pick!!
By JORDAN RAU
KHN Staff Writer
AUG 13, 2012
More than 2,000 hospitals — including some nationally recognized ones — will be penalized by the government starting in October because many of their patients are readmitted soon after discharge, new records show.
Together, these hospitals will forfeit about $280 million in Medicare funds over…
As reported by Cardiovascular Business, it is quite obvious that this trend of growth is upon us:
Both the telehealth and mobile health (mHealth) markets are expected to increase dramatically over the next few years, according to market researcher GlobalData.
Growing applications and availability led the firm to predict that the industry will grow from a 2011 valuation of $13.2 billion to $32.5 billion by 2018.
According to GlobalData, the key factors driving the industry include the need to increase the reach of quality medical care to remote locations, reduce healthcare expenditure and enable the optimal usage of limited provider resources. The…
Adding to the countless reasons why telehealth growth is going to be GINORMOUS, here’s another incredible result of the telehealth industry:
Published on FierceHealthIT (http://www.fiercehealthit.com)
Emergency room diversion and capacity limitations are driving the market for wireless and other advanced patient monitoring systems, making it one the fastest-growing segments of medical devices in terms of revenue, according to a new report by market research firm Kalorama Information.
The U.S. market for remote monitoring system sales more than doubled, from 2007 ($3.9 billion) to 2011 ($8.9 billion). Some of these systems…
It was inevitable and the members jumping on the bandwagon are obvious. Eventually, every State in the Union will be on the bandwagon and expanding the telehealth coverage definition beyond the simple “video link” office visit. Time will surely tell, but this review gives a nice brief outline of the very beginning of the process:
States Jumping on the Telehealth Bandwagon
Remote Monitoring Reduces Healthcare Utilization and Improves Quality of Care in Heart Failure Patients with Implantable Defibrillators: The EVOLVO (Evolution of Management Strategies of Hearth Failure Patients with Implantable Defibrillators) Study
Another reason for implementing a telehealth program for CHF patients:
- Original Research Article
Background—Heart failure (HF) patients with implantable defibrillators (ICD) or ICD for resynchronization therapy (CRT-D) often visit the hospital for unscheduled examinations, placing a great burden on healthcare providers. We hypothesized that internet-based remote interrogation systems could reduce emergency healthcare utilizations.
Methods and Results—This multicenter randomized trial involving 200 patients compared remote monitoring with standard patient management consisting of scheduled visits and patient response to audible ICD alerts. The primary endpoint was the rate of emergency department or urgent in-office visits for HF, arrhythmias or…
As reported by mHealthWatch, the ATA’s predictions should truly become realities:
January 09, 2012 — By Justin
The CEO of the American Telemedicine Association (ATA), Jonathan Linkous, has published 7 predictions for telemedicine and the greater telehealth…
I found a wonderful summary of what happened in 2011 with thoughts towards 2012:
Since 2014 keeps creeping up on us with the new CMS guidelines aimed at reducing hospital readmissions, the writing on the wall is finally being read:
Tapping into telehealth may be the secret to long-term success for hospitals, according to an intriguing article published recently in Hospitals & Health Networks magazine. The piece opines that telehealth, with its lower cost and wider reach than in-person visits, quickly is becoming a competitive differentiator in some markets around the U.S.
Mark Probst, CIO for…
This shouldn’t come as a shocker, but telehealth monitoring is going to explode in the Asia Pacific region. Considering the huge population in that region of the world, this study, as reported by MobiHealthNews, is no surprise:
By: Chris Gullo | Nov 21, 2011
The Asia Pacific region will generate more than $7 billion in revenues from mHealth services in 2017, according to a new study by the GSM Association (GSMA) and PricewaterhouseCoopers. The majority of that revenue will come from telemonitoring services, which the report estimates will make up about 55 percent of the market, followed…
It was only a matter of time before this headline came out. Now watch this headline contin ue to reappear on a yearly basis. As reported in mobihealthnews:
Remote patient monitoring devices have the fastest growing yearly revenue of any medical device sector, according to market research firm Kalorama Information’s new report, “Remote and Wireless Patient Monitoring Markets.” From 2008 to 2010, the growth rate was an impressive 23 percent, and according to the report, revenue is expected to double in…
We may never truly know the impact that Steve Jobs had and will continue to have on a multitude of industries worldwide, but, the very begining of his impact on healthcare can be seen in the following article from Technology Review (Published by MIT):
Wednesday, September 7, 2011
Apps that connect to medical monitors have been shown to improve the health of people with diabetes and hypertension—and could ease the burden on the health-care system.
By Emily Singer
App stores are exploding with programs designed to help people monitor their health using a smart phone. But the majority of these apps merely make…
Diabetes is probably the most well known chronic condition that can benefit from telehealth services. Here are some comments on a promising study that will be able to put the “proof” in the “pudding,” as reported by FierceMobile Healthcare:
HEALTHeLINK, Western New York’s regional health
information organization (RHIO), and a designated Beacon Community for the
Office of the National Coordinator for Health IT, is testing out telemedicine
for diabetic management in an initiative that could become “a model for the
nation,” Beacon project director Todd Norris told Healthcare IT
It’s a small pilot now,…
I’ve been waiting for an article that not only made the bold statement that telehealth will explode in the coming years, but also gave the proper elements to support that statement. Well, I think I found it here:
The market for technologies that bring healthcare to patients instead of the other way around—mobile healthcare and telehealth—has been growing steadily. And many predict it will take an even bigger jump in the next few years.
That growth will be driven by a number of factors, including government initiatives and a trend toward collaboration between healthcare organizations and vendors.
The global mobile healthcare application market…
FINALLY!!!! As reported in the July/August, 2011 edition of Government Health IT (http://www.govhealthit.com), it appears that the eyes are starting to open up, the ears are begining to perk up and medical professional are begining to talk up:
of Government Health IT.When the Ford Motor Company announced plans in mid-May to partner with at
least three companies to develop healthcare apps for the company’s car-based
platform, telemedicine experts around the country offered a hesitant smile.
Could this be the big break they’ve been waiting for?Could telemedicine finally gain…
I found this wonderful commentary on the HealthyCal site which provides excellent insight into the continued development and growth of the telehealth industry and how it is affecting it’s target demographic:
Posted By Dan On July 10, 2011 @ 9:24 pm In California Health Report
By Matt Perry
Two generations of computer-savvy gamers and networkers have teased their parents and grandparents about a lack of technological skill, but the coming “silver tsunami” of aging Americans may claim ultimate victory by conjuring up the wizards of digital health.
In what is being called “connected independence,” more seniors are staying right where they want…