Many practices are, the market for remote patient monitoring devices is booming.
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Remote patient monitoring devices have increased in popularity due to many reasons. Some of these reasons include:
- Fear of readmission penalties,
- An increase in chronic health conditions,
- Physician shortages, and
- Technology advancements.
Recent technology has made this form of patient monitoring possible, and the market is expected to grow.If trials continue to indicate successful results, uses and applications will expand.
Patient monitoring technology includes clinical-grade monitors, peripherals, and other software.
Despite the successes, the devices are still being challenged by many who want proof of the effectiveness of the technology.
The monitoring devices reflect the desire to manage elderly and chronic condition patients. It also reflects the current healthcare system trend of a continuous care model.
Proponents for remote patient monitoring believe that this move towards continuous care will help with early detection and responses to preventable crisis events. The technology is a cost-effective solution to monitoring chronic conditions.
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Now is an important time in determining the future of the monitoring technology.
Those involved with its development think that a wider end-user base of patients comfortable with the technology will help clinical grade monitoring to grow exponentially.
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