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These studies suggest that remote patient monitoring generally reduces hospital costs, particularly for heart failure and cardiac implantable electronic devices, though some studies indicate it may not be financially viable in all scenarios.
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Remote patient monitoring (RPM) is a healthcare practice that involves the use of technology to monitor patients' health conditions remotely. This approach is increasingly being adopted for managing chronic diseases and post-operative care. A key question for healthcare providers and policymakers is whether RPM increases or decreases hospital costs.
Cost Reduction in Hospitalizations:
Cost-Effectiveness and Utility:
Initial and Operational Costs:
Provider and Patient Perspectives:
Challenges and Financial Viability:
Quality of Care and Efficiency:
Overall, remote patient monitoring tends to reduce hospital costs primarily through decreased hospital admissions and shorter lengths of stay. While the initial setup and operational costs can be high, advancements in technology have made RPM more cost-effective over time. However, the financial viability of RPM can vary depending on the healthcare provider's resources and the specific conditions being monitored. RPM also improves patient management and clinical outcomes, contributing to its cost-effectiveness.
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