Telehealth Equipment Enabling Successful Telehealth Encounters
Demonstrating ROI for Telehealth Programs
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Transcript of Demonstrating ROI for Telehealth Programs
Demonstrating ROI for Tele-health programs:
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Remote Patient Monitoring - ROI
Many Remote Monitoring Programs are in pilot or research stage –and are not reimbursable
Question: What value can an RPM program bring when it is operational?
Flexible ROI tool created for a variety of stakeholders– evaluating cost inputs and value of outcomes/impact
Tele-health programs differ widely in every implementation, hence the need to test with several models before being able to generalize.
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Inputs gathered for ROI include: Patient enrollment and growth assumptions Staffing requirements – both fixed and variable Technology costs – including up-front investments required, per patient
costs, and assumptions relating to type of technology needed Other operational costs – including inventory management,
refurbishment, other administrative costs
Value of the program measured by change in healthcare utilization – using actual data as assumptions Inpatient admissions Outpatient visits Home visits 30-day admissions
Remote Patient Monitoring - ROI
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Who can use the tool?
User profiles: Explorers: Interested in exploring RPM but have no experience or data Pilots: Have some pilot data, either as a program or clinical trial Take to scale: Sites that want to expand pilot projects Evaluate scale: Evaluate if the current scaling strategy makes sense.
How will they use it? One time evaluation to ascertain strategy Evaluate success Benchmark for quality of outcomes and cost Analyze sensitivities Program improvement
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Do-it-Yourself Tool
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Do-it-Yourself Tool
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Do-it-Yourself Tool
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Do-it-Yourself Tool
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Do-it-Yourself Tool
Savings summary
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Do-it-Yourself Tool
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Do-it-Yourself Tool
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ROI Tool in Practice
ROI tool developed in collaboration with five organizations:
RPM program value analysis and optimization Accurately capturing RPM inputs and outcomes Meeting readmissions reduction targets (aligned with ACA
provisions) Effective in influencing management discussions regarding
expansion and sustainability Achieving Triple Aims – improving care and costs, as well as
patient experience
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Please contact us to be a beta user
Center for Connected [email protected]
Center for Technology and [email protected]
Beta Testing