2. Remote Patient Monitoring - ROI
Many Remote Monitoring Programs are in pilot or research stage –
and are not reimbursable
Question: What value can an RPM program bring when it is
operational?
Flexible ROI tool created for a variety of stakeholders– evaluating
cost inputs and value of outcomes/impact
Tele-health programs differ widely in every implementation, hence
the need to test with several models before being able to
generalize.
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3. Remote Patient Monitoring - ROI
Inputs gathered for ROI include:
Patient enrollment and growth assumptions
Staffing requirements – both fixed and variable
Technology costs – including up-front investments required, per patient
costs, and assumptions relating to type of technology needed
Other operational costs – including inventory management,
refurbishment, other administrative costs
Value of the program measured by change in healthcare
utilization – using actual data as assumptions
Inpatient admissions
Outpatient visits
Home visits
30-day admissions
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4. Who can use the tool?
User profiles:
Explorers: Interested in exploring RPM but have no experience or data
Pilots: Have some pilot data, either as a program or clinical trial
Take to scale: Sites that want to expand pilot projects
Evaluate scale: Evaluate if the current scaling strategy makes sense.
How will they use it?
One time evaluation to ascertain strategy
Evaluate success
Benchmark for quality of outcomes and cost
Analyze sensitivities
Program improvement
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13. ROI Tool in Practice
ROI tool developed in collaboration with five organizations:
RPM program value analysis and optimization
Accurately capturing RPM inputs and outcomes
Meeting readmissions reduction targets (aligned with ACA
provisions)
Effective in influencing management discussions regarding
expansion and sustainability
Achieving Triple Aims – improving care and costs, as well as
patient experience
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14. Beta Testing
Please contact us to be a beta user
Center for Connected Health
kjethwani@partners.org
Center for Technology and Aging
support@techandaging.org
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