The Remote Patient Monitoring Report

How Top US Health Systems, Payers, and Researchers Are Using Remote Monitoring Tech to Improve Patient Outcomes and Slash Care Costs

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About This Report
The spread of the novel coronavirus across the US has driven the evolution of remote patient monitoring (RPM) solutions from nice-to-have to need-to-have. While there’s a rosy path ahead for RPM vendors, a number of roadblocks—like the connectivity divide and laggard doctors—may restrain RPM from reaching its full potential.
Table of Contents

Executive Summary

The coronavirus pandemic catalyzed a greater need for technologies that enable clinicians to monitor and treat patients from afar. With the pandemic accelerating adoption of remote patient monitoring (RPM) tech, the future of the space looks bright—but until major challenges like poor connectivity and security are overcome, RPM solutions will struggle to reach their full potential.

THREE KEY QUESTIONS THIS REPORT WILL ANSWER

  • How are US health systems, payers, and researchers leveraging remote patient monitoring solutions to improve patients’ health outcomes, reduce readmission rates, and lower the cost of providing care in the process?
  • What are the opportunities and challenges impacting vendors in the remote patient monitoring space?
  • What does the future of the remote patient monitoring space look like?

WHAT’S IN THIS REPORT? In this report, Insider Intelligence examines how top US health systems, payers, and researchers are using RPM solutions to improve patient health outcomes, slash care costs, and transform their operations. First, we unpack how US health systems, payers, and researchers are implementing RPM tools to enable early medical interventions, prevent higher spending on members, and propel clinical research endeavors forward. Next, we explore the opportunities presented by trends such as consumers’ growing interest in virtual care, and then examine how challenges like poor connectivity and data privacy concerns could hold RPM tech back from reaching its full potential.

KEY STAT: Patients and caregivers in the US are becoming more willing to use RPM solutions to manage chronic conditions, which bodes well for future adoption of the tech. In fact, 75% of chronic disease patients and caregivers said they’d be willing to use an RPM tool designed to treat their or their loved one’s condition if it was recommended by their doctor, per a Survata survey of 2,005 US individuals managing chronic conditions conducted from May–June 2020, on behalf of Sony’s Wearable Platform Division.

Here’s what’s in the full report

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Table of Contents

  1. Executive Summary
  2. Key Points
  3. Introduction
  1. How US Health Systems, Payers, and Researchers Are Leveraging Remote Patient Monitoring Tools
  2. Opportunities in the RPM Space
  3. What’s Holding RPM Tech Back From Reaching Its Full Potential 
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authors

Dane Finley

Contributors

Brian Lau
Digital Apprentice
Stephanie Taglianetti
Head of Briefings
Zoë LaRock
Research Analyst, Digital Health
Ryan Arnold
Research Editor