Accuhealth Reaches $100 Million in Savings to Healthcare System
Accuhealth RPM Proves to Be an Efficient, Staple Healthcare Service, Reducing Healthcare Costs and Keeping Them Healthy and Out of the Hospital
MCALLEN, Texas, September 21, 2022 (Newswire.com) - Accuhealth is pleased to announce today that based on the Centers for Medicare and Medicaid Services' (CMS) published average cost of $13,800 per trip to the hospital, Accuhealth's remote patient monitoring (RPM) program has resulted in over $100 million in savings to the healthcare system with 7,246 hospital visits avoided. Not only a major cost savings, RPM is a staple service for today's value-based care model, empowering physicians with the right tools and keeping patients happy, healthy, and out of the hospital.
The U.S. has one of the highest costs of healthcare in the world. In 2020, healthcare spending reached $4.1 trillion, which averaged over $12,530 per person. The substantial cost savings of Accuhealth's RPM program directly contributes to lowering the overall cost of healthcare for each American, with significant cost savings for Medicare. RPM is an economically sound option for marginalized patients who typically lack the access and resources for value-based care. Keeping patients out of the hospital leads to measurable health improvements through RPM.
Accuhealth CEO Stephen Samson commented, "$100 million in cost savings this year alone is something that we are particularly proud of — numbers don't lie and RPM is here to stay. As America's most trusted and reliable RPM vendor providing proactive care, Accuhealth has achieved monumental change in the delivery of healthcare services in a reasonably short amount of time. The gap between patient and physician is finally being closed. Accuhealth RPM is a cost-effective way to improve quality of life and reduce trips to the hospital for patients while boosting efficiency for providers and extending care beyond the clinic walls. With remote patient monitoring, everyone wins and I am thrilled that Accuhealth has hit this major milestone."
Multiple studies have shown that RPM reduces costs and improves health outcomes. The Veterans Health Administration recently found that the benefits of RPM can reduce hospitalizations by as much as 40% for some diseases and achieve annual savings of $6,500 per patient. The Insurance Journal estimates that RPM could potentially deliver over $6 billion a year in healthcare savings in the U.S. if the technology is widely adopted. According to a Deloitte study, over the next 25 years, RPM is expected to save $200 billion in healthcare costs globally, and patients will not only have the convenience of staying at home while experiencing an improved quality of care with RPM, but it is likely to be far more cost-effective than frequent hospital visits.
Qualified healthcare providers in the U.S. should visit www.accuhealth.tech to sign up for a 1:1 demo and start enjoying the benefits of RPM right away.
Accuhealth empowers physicians with the right data to stay ahead of negative health outcomes to keep patients healthy, happy, and out of the hospital. Founded in 2018, Accuhealth is a leading healthcare technology provider of turnkey remote patient monitoring solutions worldwide, providing hardware, software, and first-line 24/7/365 clinical monitoring to physicians with real-time vital information and AI-enhanced data. Accuhealth's services yield improved outcomes, increased patient satisfaction, reduced costs for payors, and increased revenue for clinics. Accuhealth's touchpoints as a service makes remote monitoring a breeze for providers, their patients, and clinical staff. Accuhealth offers remote patient monitoring and chronic care management made easy and done right. Visit www.accuhealth.tech for more information.
Media Contact:
Carla McCormick
PR Coordinator, Accuhealth
Public Relations (213) 270-1175
info@accuhealth.tech
Source: Accuhealth