The global mobile Telehealth market is forecasted to reach $19.5 billion by 2025 up from $6 billion in 2016, according to a report from market intelligence company Transparency Market Research. The growth of the overall market can be attributed to growth in geriatric population, improvements in telecommunication infrastructure, technological advancements, increasing utilization of connected devices for the management of chronic diseases, and need for affordable treatment options due to rising healthcare costs.
Mobile Telehealth allows medical professional and family members to view your vitals live together with historical data of patient's medical device(s) via web portal access. This is done remotely right from the comfort of penitent's home or location should there is an emergency, or a medical vital threshold trigger alert. This allows immediate directive for treatment measures, as needed, where time is crucial without having to go to hospital emergency room if deemed not necessary, saving lives, and reducing health costs. Especially for rural areas where quick access to medical facilities is limited.
Mobile State and federal agencies often differ on how they define telehealth. For example, California law defines telehealth as:
“The mode of delivering health care services and public health via information and communication technologies to facilitate the diagnosis, consultation, treatment, education, care management, and self-management of a patient's health care while the patient is at the originating site and the health care provider is at a distant site. Telehealth facilitates patient self-management and caregiver support for patients and includes synchronous interactions and asynchronous store and forward transfers.”
Meanwhile, the federal Health Resources and Services Administration (HRSA) defines telehealth as:
“The use of electronic information and telecommunications technologies to support long-distance clinical health care, patient and professional health-related education, public health and health administration.”
Remote patient monitoring (RPM): Personal health and medical data collection from an individual in one location via electronic communication technologies, which is transmitted to a provider (sometimes via a data processing service) in a different location for use in care and related support. This type of service allows a provider to continue to track healthcare data for a patient once released to home or a care facility, reducing readmission rates. CCHP’s (Center for Connected Health Policies) micro-documentary series video, Telehealth and Quality of Care, demonstrates how remote patient monitoring can help keep individuals stay healthy in their home and community, without having to physically go to the providers’ office.
The Creating High-Quality Results and Outcomes Necessary to Improve Chronic Care Act of 2017 eliminates barriers in the use of telehealth technologies which will form a more care at home and less institutional type of chronic condition management for patients.
September 28, 2017 by SmartBrief
The Senate unanimously approved the Creating High-Quality Results and Outcomes Necessary to Improve Chronic Care Act of 2017, which would broaden coverage for telehealth under Medicare Advantage Plan B beginning in 2020. The bill would also increase accountable care organizations’ ability to use telemedicine and expand CMS’ home-based primary care teams for patients who have multiple chronic conditions.
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