According to an MIT research study, by the year 2020, half of the population of the United States will suffer from a chronic disease. It is estimated that the costs incurred by these numbers will account for nearly 80% of all healthcare spending, including indirect costs. Though these projections are staggering to consider, their roots are as real as they are devastating: heart disease mortality totals more than 600,000 cases per year, with another 595,000 for cancer and a combined total of 234,000 between diabetes and chronic lower respiratory disease.
The issue with chronic diseases is that they are so difficult to treat precisely because they are chronic. Conditions that occur in isolation – those that can be treated and cured with a heavy dose of medication or a perfectly planned surgical procedure – are relatively easy to address, but because chronic diseases evolve and grow resistant to treatment and often go undetected in their early stages, they are full of frustrations and complications that routinely leave healthcare professionals searching for alternative treatment options.
Implementing Telemonitoring as a Chronic Disease Management Strategy
One such option is to partner with telemonitoring company that is well-versed in chronic disease management strategies. Through such a relationship, healthcare providers can gain access to the most pertinent and advantageous information available. And, as these partnerships are ever-changing, disease information and health data can be collected the moment it becomes available.
Remote patient monitoring allows healthcare providers the ability to mold their practices to fit the needs of the patients and populations they manage.
Minimizing Costs for Patients, Providers, and Employer
While there may be an ongoing and heated debate in our country over the particulars of healthcare delivery and availability, one issue that is commonly recognized (regardless of political stance) is the exorbitant cost throughout all corners of the healthcare industry. Though a consensus on the reasoning behind these high costs may never be reached, there are steps that can be made toward reducing expenses that have real, inarguable results.
Strategies aimed at keeping patients out of the hospital, at work, and away from issues that can complicate their health status can lower costs for patients, providers, and employers. Patients can become better educated about their chronic diseases and at-home treatment plans, healthcare providers can ensure ongoing management of their patients, and employers can cut reduce absenteeism – all through better management of patients with chronic diseases.
About Karen Thomas
Karen Thomas is a certified management accountant and the president of Advanced TeleHealth Solutions, one of the leading telehealth monitoring companies in the U.S. Karen is a nationally renowned speaker, a lecturer for Missouri State University’s graduate-level Health Care Administration program, and a contributing author to, “Home Telehealth: Connecting Care Within the Community,” published by Royal Society of Medicine Press Ltd. Karen has appeared on numerous webinars and has spoken at dozens of conferences on the benefits of remote patient monitoring, generating enhanced clinical outcomes, patient engagement, and coordination of care. She is a member of the Missouri Governors Innovation Task Force, a past board member of the National Association for Home Care and Private Duty Home Care Association, a member of the American Telemedicine Association and the American Society on Aging, and a past ex-officio member of the advisory board of HealthCare Technology Association of America.