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Remote Patient Monitoring (RPM) in Healthcare | News, Analysis, Insights - HIT Consultant

How Will Philips Acquisition of BioTelemetry Impact The Cardiac Monitoring Market?

by Kelly Patrick, Principal Analyst at Signify Research 02/09/2021 Leave a Comment

M&A: Philips Acquires Remote Cardiac Monitoring Platform BioTelemetry for $2.8B

At the end of December 2020, Philips announced the planned acquisition of BioTelemetry for $2.8 billion in cash. - BioTelemetry was formed in 2013 after a series of acquisitions from the initial founding company CardioNet, Inc. - CardioNet, Inc. based in San Diego, USA was initially founded in 1994. - After a multitude of acquisitions in recent years, BioTelemetry has established itself as a leading cardiac powerhouse, specializing in mobile and wireless medical technology. After this
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Virtual Care in the Post-COVID World: How to Prepare Your Healthcare Environment

by Nicole Muehlenhaus, Senior Product Manager, Ergotron 02/04/2021 Leave a Comment

Virtual Care in the Post-COVID World: How to Prepare Your Healthcare Environment

As the COVID-19 pandemic accelerated telehealth adoption, many patients and providers supported the remote-friendly technology. While the big spikes of usage may slow, adoption is still far ahead from where it was pre-pandemic, and we expect that to remain. In fact, the global telehealth market is projected to reach $559.52 billion by 2027, and estimates indicate that up to $250 billion of the current U.S. healthcare spend could potentially be virtualized.  Organizations were forced to
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Philips Launches Medical Tablet to Expand Remote Patient Management

by Jasmine Pennic 02/03/2021 Leave a Comment

Philips Launches Medical Tablet to Expand Remote Patient Management

What You Should Know: - Philips announced the launch of the Philips Medical Tablet, an end-to-end, easy-to-implement, portable monitoring kit that enables remote access to patient data and allows clinicians to care for patients outside of the hospital. - Aiming to serve larger patient populations during emergency situations like the COVID-19 pandemic, the Medical Tablet helps reduce exposure and provide continuous, quality patient care. Royal Philips, announced the launch of Philips
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Epic, Galen Healthcare, Chartis Group Named 2020 Overall Best in KLAS Awards

by Fred Pennic 02/02/2021 Leave a Comment

Epic, Galen Healthcare, Chartis Group Named 2020 Overall Best in KLAS Awards

What You Should Know: - Epic was named the top Overall Software Suite for the eleventh consecutive year in the Best in KLAS 2021 Software & Services report, released today, which reports on the top vendors for 2020. Epic was also named the top Overall Physician Practice Vendor. Galen Healthcare Solutions was named the top Overall IT Services Firm. The Chartis Group earned the award of top Overall Healthcare Management Consulting Firm, edging out last year’s winner,
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The Combination of 5G and AI Will Transform Healthcare in 2021

by Bryan Lubel, Executive Vice President, Connected Health of KORE 01/29/2021 Leave a Comment

5G and AI Will Change Healthcare in 2021

Not many will disagree that the global pandemic has accelerated the use of technology in healthcare. With a healthcare system stressed to a breaking point, medical professionals have had to prioritize critical cases and increasingly turn to technology tools such as telemedicine and remote patient monitoring to manage the needs of their non-COVID patients.  As we begin to look beyond the pandemic, we will not only have the lessons of this time but improved tools to support the delivery of
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MetroHealth System, CareSimple Launch Remote Patient Monitoring Program

by Fred Pennic 01/26/2021 Leave a Comment

What You Should Know: - CareSimple and MetroHealth System announced that they have entered into a strategic remote patient monitoring integration partnership. - Under the terms of the agreement, CareSimple will empower the Cleveland, Ohio public health system with simple, patient-friendly RPM solutions to improve health outcomes for their high-risk senior and chronically ill populations.  The MetroHealth System, a nationally recognized public health care system located in
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Top 5 Business Opportunities for Digital Health Companies in 2021. Where Is The Money?

by Ralf-Gordon Jahns, Managing Director of R2G 01/25/2021 Leave a Comment

op 5 business opportunities for digital health companies in 2021. Where is the money?

For many companies, 2020 has been a devastating year due to the consequences of the COVID-19 pandemic. While the same can be said for the digital health sector, the pandemic has also paved a way for unexpected and extraordinary business opportunities in 2021. Good ideas with a business loan from online lenders such as Biz2Credit are the ingredients for a successful business venture in this pandemic. In 2020, Digital health start-ups and more established companies have suffered, as have other
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Challenges of Operationalizing Remote Patient Monitoring Data

by Roberto Martinez, President, Mexico, Encora 01/21/2021 Leave a Comment

Challenges of Operationalizing Remote Patient Monitoring Data

Among the many evolving technologies in the healthcare industry, there may be none more important or impactful than remote patient monitoring (RPM) hardware and software solutions. This technology is opening up new possibilities in extended healthcare – saving patients money, limiting visits to the doctor’s office, and providing healthcare professionals with powerful tools for diagnosing and treating patients. As these tools continue to mature, software and hardware developers are solving
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Biobeat Launches Home-Based Remote Patient Monitoring Kit

by Fred Pennic 01/20/2021 Leave a Comment

Biobeat Launches Home-Based Remote Patient Monitoring Kit

What You Should Know: - Today, Biobeat, developer of AI-powered remote patient monitoring solutions, announced the launch of its home patient monitoring kit. - The kit, which includes chest-monitors, compatible adhesive units, and a user-friendly manual, allows healthcare providers to bring hospital-level care to patient homes by empowering health staff and patients with proven wearable AI-powered remote patient monitoring technology. Biobeat, an Israeli-based continuous remote
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3 Steps to Maintain Telehealth’s Momentum Post-Pandemic

by Karsten Russell-Wood, Portfolio Leader for Post-Acute and Home, Philips 01/19/2021 Leave a Comment

3 Steps to Maintain Telehealth’s Momentum Post-Pandemic

In the face of COVID-19, healthcare witnessed how crises can become the long-awaited push for creativity and innovation that the industry needs. When our healthcare infrastructure’s weaknesses were exposed, telehealth helped to stitch them up, with the number of telehealth claims increasing 8,336% nationally from April 2019 to April 2020. Out of need, patients quickly turned to telehealth as a new model of care delivery; clinicians adapted to a new avenue for engaging with patients, policymakers
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