Remote Patient Monitoring Can Immediately Increase Clinic Revenue.
Remote Patient Monitoring provides many forms of value to clinics and practices. RPM has shown clear benefits for patient health outcomes, and is proven to significantly increase quality of care overall. While this creates obvious benefits for clinics, the bottom line is that this value must also translate into financial stability and revenue growth for clinics, in order to become a truly sustainable form of care provision.
Without scalability, RPM programs simply don’t provide the long-term viability necessary for clinics to sustain remote care in permanent ways. Just like any format of healthcare, remote monitoring should allow clinics to see real, measurable returns on investment that provide value for both practitioners, as well as their patients.
Providers who Create Real Value
Luckily, scaling an RPM program is easy with the right telehealth provider. With Accuhealth’s RPM services, the average clinic sees a 15% to 25% increase in appointment volume. In addition to this, Accuhealth clients experience enormously increased profit margins; gaining 100% more revenue per patient per year on average.
Many clinics find that scalability is their primary concern in considering a move to virtual care. However, providers who offer vigorous scalability features, such as Accuhealth, create easy RPM program implementation that is seamlessly expandable to hundreds, or even thousands of patients.
Engaging in RPM
When it comes to RPM, the real key to scalability is engagement. In fact, the more patients engaging with a clinic’s remote monitoring program, the easier it is to expand the program to more clients.
Top-performing clinics using remote monitoring programs on average have 80% or more of their eligible patients engaging in their telemonitoring services. This large-scale need for patient engagement is why it is critical to choose telehealth providers whose features provide instantaneous, automatic ways for applying remote monitoring programs to include ten, to ten hundred patients.
Providers like Accuhealth have designed their services and platform in ways that not only allow for growth, but actually encourage it. This is done through several key features. One of these features includes the effective integration of RPM services into a clinic’s existing Electronic Medical Record system, which automates referrals and other provision functionalities in ways that make growth effortless.
In addition to EMR integration, the simplicity and navigability of Accuhealth’s platform actively promotes engagement, which creates ease when it comes to extending remote clinical activities to higher volumes of patients, which in turn increases revenue.
In addition to features of simplicity and engagement, telehealth providers who assume the upfront costs of RPM implementation further enable clinics to more immediately scale their programs and see instant, revenue-generating results. Accuhealth’s RPM solutions include no upfront costs for this very reason, in order to make remote monitoring implementation more realistic for clinics across the country.
Making the Cut
Choosing a provider who supports growth and minimizes upfront implementation costs is key to creating an RPM program that will provide long term financial growth and stability.