By Samir Damani, M.D.
Republished from Medical Economics, original date Feb. 27, 2024.
Technology has potential to reduce hospital readmissions, improve patient outcomes
Primary care physicians (PCPs) operating independent practices strive for efficiency, quality, and patient satisfaction. Every day, they are faced with the challenge of managing large patient panels while delivering personalized, effective care. Remote patient monitoring (RPM) can help PCPs meet these demands efficiently at scale, improving care delivery and reshaping patient outcomes.
PCPs are in demand. Some treat up to 3,000 patients per year, but research shows they can only effectively treat a maximum of 983 patients if they do all of the work themselves. PCPs need help, and by incorporating RPM technologies such as data analytics and connected care devices into a comprehensive remote care management plan, PCPs can extend treatment to more patients, especially those with chronic conditions.
For example, in a well-run RPM program, much of the high touch care in between office visits is provided by medical assistants and nurses using algorithms embedded in the platform’s software, enabling physicians to focus on more complicated and urgent matters.
RPM programs empower PCPs to proactively monitor, manage, and intervene in patient care, averting costly interventions and hospitalizations. A recent study released by MD Revolution and Cardiac Solutions underscores the profound impact of RPM on reducing hospital readmissions, particularly in cardiovascular care.
The findings reveal a staggering 50% reduction in 30-day readmission rates among patients enrolled in RPM programs compared to those not enrolled. Decreased hospital readmissions translates into millions in savings for health systems and patients and reflects tangible improvements in patient well-being and care delivery.
At a time when unexpected medical bills and health care services are the number one cost concern among U.S. adults, reducing unexpected and costly hospital readmissions has a meaningful impact on the lives of patients.
For PCPs, incorporating RPM into their practice can attract new patients, increase patient retention, and drive-up revenue. RPM enables PCPs to treat the same number of patients more effectively with the same staff under new billing codes, such as Medicare Chronic Care Management (CCM), Transitional Care Management (TCM), and Annual Wellness Visits (AWS), which reimburse physicians for non-face-to-face care coordination and monitoring services for eligible patients. By meeting new quality measures and benchmarks required under value-based reimbursement models, such as such as the Medicare Shared Savings Program (MSSP) and the Merit-based Incentive Payment System (MIPS), PCPs that demonstrate high-quality and cost-effective care can increase their financial compensation.
RPM enhances patient retention by providing personalized, convenient care that improves patient satisfaction and outcomes. It attracts new patients looking for innovative and accessible health care solutions. And according to an independent study, many patients view RPM as ‘concierge care,’ traditionally thought of as high-end care.
While there are many RPM solutions available to choose from, each physician practice needs to consider the capabilities and benefits that are right for them. Selecting an RPM partner who offers scalable, user-friendly solutions with integrated data capabilities is crucial for maximizing return on investment and achieving sustainable practice growth. Training and support for both patients and staff ensures seamless integration and optimal utilization of RPM technologies.
As we move toward a more patient-centered, value-driven healthcare system, the role of remote patient monitoring cannot be overstated. By harnessing the power of technology, data, and connectivity, primary care physicians have the opportunity to revolutionize care delivery, improve patient outcomes, and drive practice sustainability.
As physicians, we must seize the promise of remote patient monitoring to help usher in a new era of proactive, personalized primary care.
Samir Damani, M.D., is a practicing physician and the co-founder of MD Revolution, a remote care management company. For media inquiries, please contact us.
