We desperately need to reduce the cost of healthcare<\/strong><\/h2>\n\n\n\nFirstly, it\u2019s important to recognize the current situation. The only way we can lower the crippling cost of healthcare is to provide the tools for patients to self-care more effectively. This is within our reach! We\u2019re in a time where we\u2019re moving from people coming up with medical solutions that took days, sitting around in a clinic or waiting for results, to solutions in minutes through the internet, to real-time results and solutions for healthcare. <\/p>\n\n\n\n
Driving this is the very fact that it costs a lot of money to take care of patients, and therefore predicting the costs of care and delivery and reducing them, needs to be top of the agenda.<\/p>\n\n\n\n![\"RPM](\"https:\/\/www.binah.ai\/wp-content\/uploads\/2021\/03\/RPM-table-min-1024x569.png\")
<\/figure>\n\n\n\nAdvanced technologies deliver on this promise<\/strong><\/h2>\n\n\n\nTo make this happen, we need a smart learning system fueled by real-time health data tracked from patients in their homes, in assisted living facilities and more, and do everything we can to be proactive, and keep them out of the ICU, to stop the costs growing. <\/p>\n\n\n\n
Remote Patient Monitoring is part of the telehealth revolution. It allows for the collection and analysis of health data remotely, including heart-rate, blood pressure, blood oxygen, mental stress levels, and more. These can then be used to help healthcare providers make assessments and recommendations. It can be used for anything from treatment and diagnostics to monitoring, pre-emptive care, follow-ups, and even critical care for chronic illnesses. <\/p>\n\n\n\n
The benefits of RPM are greater than you think, and they\u2019re for everyone<\/strong><\/h2>\n\n\n\nAs RPM reduces the number of hospitalizations, re-admissions, and also lowers the length of patient stays, it does more than just cut costs. It also has the potential to improve the quality of life for patients. We can give recovering patients better support at home, or address shortages in healthcare staff for the elderly as well as long-term sick. Hospitals don\u2019t want to create more beds, they want to use what they have more efficiently, and get patients back home where they want to be. <\/p>\n\n\n\n
The truth is, everyone, needs RPM, from healthcare payers and providers who can use it to reduce costs and risk, and to improve operational efficiency, to governments that can utilize RPM to reduce the burden on existing staff and launch sustainable healthcare initiatives, and of course – the patients themselves, who want to lead a healthier lifestyle, avoid long term illnesses like cardiovascular diseases and diabetes, or age in place with more dignity and self-reliance. In fact, Centers for Medicare and Medicaid Services (CMS) in the USA, are already providing reimbursement for RPM<\/a> through the CPT codes 99453 and 99454, making it financially worthwhile for physicians and patients to invest in RPM technologies, as they are so clearly improving the standard and outreach\/coverage of care for all. These changes have \u201cturned RPM into one of the most lucrative Medicare care management programs\u201d available today. <\/p>\n\n\n\nCOVID-19 has made RPM even more important<\/strong><\/h2>\n\n\n\nThe Amazon effect of the pandemic has a mirrored impact in healthcare too. We\u2019re talking about the healthcare industry\u2019s version of the \u2018eCommerce effect\u2019. People are pushing for innovative tools and remote technologies that can help them achieve location-agnostic care, no matter what\u2019s happening in the world, or where they are based. The necessity for remote patient care throughout COVID-19 has pushed staff and patients to accept digital healthcare as an effective alternative to traditional clinics and support. <\/p>\n\n\n\n
This is the catalyst for a change in RPM, which has surged by 70% during 2020\/21. After all, RPM itself is nothing new. There are a number of tools available today that Mark Goldstein calls \u2018old school RPM.\u2019 These are hardware-based technologies, some of which connect to smartphones or internal hospital systems, including tools like blood pressure cuffs, oximeters, thermometers, and more. <\/p>\n\n\n\n
Unfortunately, these have a lot of friction. Batteries can die, the cables can get lost, the memory can be full up, the connectivity can be poor, and the equipment can be too complex to manage. The incremental costs are significant, and even when the hardware is subsidized for the end-user, the cost has to be transferred somewhere. <\/p>\n\n\n\n
Binah.ai\u2019s market fit is perfect for the future of RPM<\/strong><\/h2>\n\n\n\nTo reduce this friction, smartphone devices are the most ubiquitous tool that almost everyone has in their pockets. A lot of people don\u2019t want to wear smartwatches or bands, and so a smartphone interface is a great way to reach the most people possible, and with a tool that they already have. This is only growing, as smartphones become more available and cost-effective, and the last generation of smartphones that may be \u2018out of date\u2019 still have excellent quality hardware, a great camera, and the ability to run future-focused applications with ease. (Read here more about the key differences between smartwatches and Binah.ai\u2019s solutions).<\/a><\/p>\n\n\n\nInstead, from a single application on a device that everyone has in their pockets, a large range of vital signs can be monitored remotely, simply by looking into the device\u2019s camera. These include heart rate, respiration rate, blood oxygen, heart rate variability, mental stress levels, and more – in under 1 minute. Unlike wearables, the technology is clinically tested, and has been granted regulatory approval in South Africa and Australia, and is in process of approval with many other regulators, including the FDA and CE in the USA and Europe. <\/p>\n\n\n\n
With an SDK available for Android and iOS, and available for Windows, Mac and Linux, Binah.ai runs locally on the device and does not require an internet connection, and full implementation of its Binah SDK takes just days. <\/p>\n\n\n\n
Bringing it All Together for Better Healthcare, Anywhere<\/strong><\/h2>\n\n\n\nBinah.ai fills in the missing link in telehealth and remote patients monitoring by allowing the remote collection of real-time health data, at very low costs. <\/p>\n\n\n\n
<\/figure>\n\n\n\nAdvanced technologies deliver on this promise<\/strong><\/h2>\n\n\n\nTo make this happen, we need a smart learning system fueled by real-time health data tracked from patients in their homes, in assisted living facilities and more, and do everything we can to be proactive, and keep them out of the ICU, to stop the costs growing. <\/p>\n\n\n\n
Remote Patient Monitoring is part of the telehealth revolution. It allows for the collection and analysis of health data remotely, including heart-rate, blood pressure, blood oxygen, mental stress levels, and more. These can then be used to help healthcare providers make assessments and recommendations. It can be used for anything from treatment and diagnostics to monitoring, pre-emptive care, follow-ups, and even critical care for chronic illnesses. <\/p>\n\n\n\n
The benefits of RPM are greater than you think, and they\u2019re for everyone<\/strong><\/h2>\n\n\n\nAs RPM reduces the number of hospitalizations, re-admissions, and also lowers the length of patient stays, it does more than just cut costs. It also has the potential to improve the quality of life for patients. We can give recovering patients better support at home, or address shortages in healthcare staff for the elderly as well as long-term sick. Hospitals don\u2019t want to create more beds, they want to use what they have more efficiently, and get patients back home where they want to be. <\/p>\n\n\n\n
The truth is, everyone, needs RPM, from healthcare payers and providers who can use it to reduce costs and risk, and to improve operational efficiency, to governments that can utilize RPM to reduce the burden on existing staff and launch sustainable healthcare initiatives, and of course – the patients themselves, who want to lead a healthier lifestyle, avoid long term illnesses like cardiovascular diseases and diabetes, or age in place with more dignity and self-reliance. In fact, Centers for Medicare and Medicaid Services (CMS) in the USA, are already providing reimbursement for RPM<\/a> through the CPT codes 99453 and 99454, making it financially worthwhile for physicians and patients to invest in RPM technologies, as they are so clearly improving the standard and outreach\/coverage of care for all. These changes have \u201cturned RPM into one of the most lucrative Medicare care management programs\u201d available today. <\/p>\n\n\n\nCOVID-19 has made RPM even more important<\/strong><\/h2>\n\n\n\nThe Amazon effect of the pandemic has a mirrored impact in healthcare too. We\u2019re talking about the healthcare industry\u2019s version of the \u2018eCommerce effect\u2019. People are pushing for innovative tools and remote technologies that can help them achieve location-agnostic care, no matter what\u2019s happening in the world, or where they are based. The necessity for remote patient care throughout COVID-19 has pushed staff and patients to accept digital healthcare as an effective alternative to traditional clinics and support. <\/p>\n\n\n\n
This is the catalyst for a change in RPM, which has surged by 70% during 2020\/21. After all, RPM itself is nothing new. There are a number of tools available today that Mark Goldstein calls \u2018old school RPM.\u2019 These are hardware-based technologies, some of which connect to smartphones or internal hospital systems, including tools like blood pressure cuffs, oximeters, thermometers, and more. <\/p>\n\n\n\n
Unfortunately, these have a lot of friction. Batteries can die, the cables can get lost, the memory can be full up, the connectivity can be poor, and the equipment can be too complex to manage. The incremental costs are significant, and even when the hardware is subsidized for the end-user, the cost has to be transferred somewhere. <\/p>\n\n\n\n
Binah.ai\u2019s market fit is perfect for the future of RPM<\/strong><\/h2>\n\n\n\nTo reduce this friction, smartphone devices are the most ubiquitous tool that almost everyone has in their pockets. A lot of people don\u2019t want to wear smartwatches or bands, and so a smartphone interface is a great way to reach the most people possible, and with a tool that they already have. This is only growing, as smartphones become more available and cost-effective, and the last generation of smartphones that may be \u2018out of date\u2019 still have excellent quality hardware, a great camera, and the ability to run future-focused applications with ease. (Read here more about the key differences between smartwatches and Binah.ai\u2019s solutions).<\/a><\/p>\n\n\n\nInstead, from a single application on a device that everyone has in their pockets, a large range of vital signs can be monitored remotely, simply by looking into the device\u2019s camera. These include heart rate, respiration rate, blood oxygen, heart rate variability, mental stress levels, and more – in under 1 minute. Unlike wearables, the technology is clinically tested, and has been granted regulatory approval in South Africa and Australia, and is in process of approval with many other regulators, including the FDA and CE in the USA and Europe. <\/p>\n\n\n\n
With an SDK available for Android and iOS, and available for Windows, Mac and Linux, Binah.ai runs locally on the device and does not require an internet connection, and full implementation of its Binah SDK takes just days. <\/p>\n\n\n\n
Bringing it All Together for Better Healthcare, Anywhere<\/strong><\/h2>\n\n\n\nBinah.ai fills in the missing link in telehealth and remote patients monitoring by allowing the remote collection of real-time health data, at very low costs. <\/p>\n\n\n\n
As RPM reduces the number of hospitalizations, re-admissions, and also lowers the length of patient stays, it does more than just cut costs. It also has the potential to improve the quality of life for patients. We can give recovering patients better support at home, or address shortages in healthcare staff for the elderly as well as long-term sick. Hospitals don\u2019t want to create more beds, they want to use what they have more efficiently, and get patients back home where they want to be. <\/p>\n\n\n\n
The truth is, everyone, needs RPM, from healthcare payers and providers who can use it to reduce costs and risk, and to improve operational efficiency, to governments that can utilize RPM to reduce the burden on existing staff and launch sustainable healthcare initiatives, and of course – the patients themselves, who want to lead a healthier lifestyle, avoid long term illnesses like cardiovascular diseases and diabetes, or age in place with more dignity and self-reliance. In fact, Centers for Medicare and Medicaid Services (CMS) in the USA, are already providing reimbursement for RPM<\/a> through the CPT codes 99453 and 99454, making it financially worthwhile for physicians and patients to invest in RPM technologies, as they are so clearly improving the standard and outreach\/coverage of care for all. These changes have \u201cturned RPM into one of the most lucrative Medicare care management programs\u201d available today. <\/p>\n\n\n\n The Amazon effect of the pandemic has a mirrored impact in healthcare too. We\u2019re talking about the healthcare industry\u2019s version of the \u2018eCommerce effect\u2019. People are pushing for innovative tools and remote technologies that can help them achieve location-agnostic care, no matter what\u2019s happening in the world, or where they are based. The necessity for remote patient care throughout COVID-19 has pushed staff and patients to accept digital healthcare as an effective alternative to traditional clinics and support. <\/p>\n\n\n\n This is the catalyst for a change in RPM, which has surged by 70% during 2020\/21. After all, RPM itself is nothing new. There are a number of tools available today that Mark Goldstein calls \u2018old school RPM.\u2019 These are hardware-based technologies, some of which connect to smartphones or internal hospital systems, including tools like blood pressure cuffs, oximeters, thermometers, and more. <\/p>\n\n\n\n Unfortunately, these have a lot of friction. Batteries can die, the cables can get lost, the memory can be full up, the connectivity can be poor, and the equipment can be too complex to manage. The incremental costs are significant, and even when the hardware is subsidized for the end-user, the cost has to be transferred somewhere. <\/p>\n\n\n\n To reduce this friction, smartphone devices are the most ubiquitous tool that almost everyone has in their pockets. A lot of people don\u2019t want to wear smartwatches or bands, and so a smartphone interface is a great way to reach the most people possible, and with a tool that they already have. This is only growing, as smartphones become more available and cost-effective, and the last generation of smartphones that may be \u2018out of date\u2019 still have excellent quality hardware, a great camera, and the ability to run future-focused applications with ease. (Read here more about the key differences between smartwatches and Binah.ai\u2019s solutions).<\/a><\/p>\n\n\n\n Instead, from a single application on a device that everyone has in their pockets, a large range of vital signs can be monitored remotely, simply by looking into the device\u2019s camera. These include heart rate, respiration rate, blood oxygen, heart rate variability, mental stress levels, and more – in under 1 minute. Unlike wearables, the technology is clinically tested, and has been granted regulatory approval in South Africa and Australia, and is in process of approval with many other regulators, including the FDA and CE in the USA and Europe. <\/p>\n\n\n\n With an SDK available for Android and iOS, and available for Windows, Mac and Linux, Binah.ai runs locally on the device and does not require an internet connection, and full implementation of its Binah SDK takes just days. <\/p>\n\n\n\n Binah.ai fills in the missing link in telehealth and remote patients monitoring by allowing the remote collection of real-time health data, at very low costs. <\/p>\n\n\n\nCOVID-19 has made RPM even more important<\/strong><\/h2>\n\n\n\n
Binah.ai\u2019s market fit is perfect for the future of RPM<\/strong><\/h2>\n\n\n\n
Bringing it All Together for Better Healthcare, Anywhere<\/strong><\/h2>\n\n\n\n