Health Payer Intelligence September 25, 2020
By implementing certain home healthcare and remote patient monitoring strategies, payers can boost their value-based care delivery.
Home healthcare and remote monitoring are increasingly critical to providing value-based care, improving quality while keeping costs low.
Experts have discovered that, in some cases, remote patient monitoring can provide superior quality of data when compared to wearables. In one study, a remote patient monitoring tool allowed providers to more accurately predict 30-day hospital readmissions.
Additionally, receiving certain forms of care at home instead of in the hospital can lower healthcare spending. Administering specialty drugs at home or in a provider’s office lowered healthcare spending by $4 billion, a UnitedHealth Group study found.
As a result, these are solutions that payers should be—and...