Remote Monitoring for Private Health Insurance Enrollees
Remote Patient Monitoring: Usage and Costs in 2023
A recent analysis reveals the growing adoption of remote patient monitoring (RPM) technologies within the U.S. healthcare system. In 2023,approximately 300,000 adults with employer-sponsored health coverage had at least one claim submitted for remote monitoring services.
Who is Utilizing remote Monitoring?
The data indicates that RPM is currently most prevalent among specific demographic groups. Adults under 65 with private health insurance, particularly older individuals and women, are demonstrating the highest rates of adoption. This suggests a potential for expanding access and tailoring RPM programs to meet diverse patient needs.
Common Conditions and Service Costs
Currently, remote monitoring is frequently employed for managing chronic conditions such as hypertension and othre circulatory diseases, as well as musculoskeletal issues. The financial commitment for these services varies depending on the type of data being monitored.
Clinician monitoring of objective physical data – like blood pressure – has a median monthly cost of $55, with an out-of-pocket expense of $12 for the patient. monitoring of self-reported data, such as pain levels, averages $78 per month, resulting in a $21 patient out-of-pocket cost.
These costs highlight the potential for RPM to offer a cost-effective approach to chronic disease management, particularly when considering the potential to reduce hospital readmissions and improve patient outcomes.
For a more in-depth understanding of health costs and trends, explore the complete data available on the Peterson-KFF Health System Tracker, a valuable resource for assessing the performance of the U.S.health system.
