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Remote Patient Monitoring Drives $12M ROI at Michigan Medicine
Remote patient monitoring at Ann Arbor-based Michigan Medicine has led to a $12 million return on investment from avoided hospitalizations, a new study found.Hospitalizations fell by 59% among patients in a remote patient monitoring program in the six months following their participation, according to the March research in the journal Telemedicine and E-Health.Most of the 1,700 patients in the study had congestive heart failure, uncontrolled hypertension or COVID-19. The patients were outfitted with devices to gather vitals at home and tablets to collect that data, with the information being sent to a medical team at Michigan Medicine.
Medigy Insights
A study from Michigan Medicine found that remote patient monitoring (RPM) led to a $12 million ROI by reducing hospitalizations by 59% within six months. The program served 1,700 patients with conditions like heart failure, hypertension, and COVID-19. Using home devices and tablets, data was sent to care teams. Researchers hope findings guide best practices for future RPM programs.
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