RPM Market
A fractured RPM ecosystem is hampering widespread adoption and creates a costly burden on all.
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Current Issues with Remote Patient Monitoring
Current Issues with Remote Patient Monitoring
Vertical RPM
Most RPMs in the market only focus on one disease or condition. This makes it barrier to hospitals who require solutions for multiple medical specialtiesVertical RPM
Disease Specific Management
Disease Specific Management
Other RPM tools do not tailor their workflows to specific diseases, the care team, or patients
Communication
Many RPM technology solutions do not allow two-way communication from patient to care team.Communication
Data
Data
Most RPM tools collect data and leave it for the patient to share.
Financial, Clinical and Patient Care Impact
Financial, Clinical and Patient Care Impact
Economic burden in the US
Non-communicable diseases is likely to cause around $47 trillion in output loss within the next two decades.
· Cardiovascular Disease – $229 billion
· Diabetes – 26.9 million people or 8.2% of the population
· Chronic Lower Respiratory Disease – 15.7 million people or 6.4%
· Chronic Pain – $560 to $635 billion
· Cancer – 1.75 million people
· Mental Health Conditions – 52.9 million people – nearly 1 in 5 adults
Excess spending for patients, clinics and payers.
Ongoing Clinic Appointments
Many chronic patient patients average one visit per month
Prescription Drugs
The average chronic pain patient takes 4.1 prescription drugs regularly
Emergency Room Visits
The average chronic pain patient averages 2.2 ER visits annually
Ancillary Services
Chronic pain patients are subject to ongoing testing and imaging
Surgical Procedures
Represents 65% of most hospitals' revenue and 70% of expenseIntangible Costs for Clinics, Care Teams and Patients...Solved!
Intangible Costs for Clinics, Care Teams and Patients...Solved!
Healthcare Problems...
Care Team Burden
Patients Feeling Heard
Staffing Burnout
Hiring and Retention
Time Between Appointments
Travel Distance and Challenges
Missed Appointments
...SOLVED!
THRIVE allows for trending and tracking, while personalized therapies seamlessly guide patients toward better health. Office visits are now less frequent, but more effective, alleviating the burden on physicians and optimizing patient care.
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