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IFA 2012: Video Remote Monitoring Promotes Better Health & Security
- 1. IFA 2012 Global Conference on Aging Video Remote Monitoring to Promote Better Health and Security Dr. John Tarrant 118 Old Lafayette Ave Lexington, Kentucky 40502 USA JTarrant@MedTechGlobal.com Creating Value for Health
- 3. Global Cost of Health Care Based on GDP
- 4. Chronic Disease as the Main Cause of Death
- 5. Who Should Receive Video- Remote Monitoring Medicare Expendure/Beneficiaries Expenditures 11,2 18,4 43,1 Beneficiaries 50 25 5 5 0 10 20 30 40 50 60 70 80 90 Percent
- 6. How Chronic Disease impacts Hospitalization Unnecessary Hospitalizations 800 Hospitalizations per 1000 Medicare Beneficiaries 700 697 600 500 455 Age 65+ 400 359 300 269 200 191 123 100 71 38 0 8 19 1 1 2 3 4 5 6 7 8 9 10 11 Number of Chronic Conditions
- 7. Projected Cost of Chronic Diseases By 2030 the Global cost of treating the 5 most common chronic diseases will surpass 47 trillion dollars That will be 75% of the predicted GDP in 2030 Reported by the World Economic Forum and the Harvard School of Public Health, September 2011
- 8. Changes to Current System which will Improve Chronic Care Management
- 9. Four Primary Types of Home Monitoring Telephone Follow up on past procedure Video Connectivity Behavior health Remote Monitoring Early stages of a chronic condition Video-Remote Monitoring Detailed monitoring of poorly controlled chronic condition or multiple chronic conditions
- 10. The Benefits of Video Remote Home Monitoring video communication data collection: Health vital stats social interaction connecting with family members integration of external services: meals on wheels adult education appointment scheduling
- 11. Intergration of Health Care Services Hospitals Relatives Community Services Elder Doctor Home Monitoring
- 12. Functionality of Video-Remote Monitoring
- 13. Medical Peripherals Blood Pressure Glucometer Spirometer Weight Scales Stethoscope EKG Blood Oxygen
- 14. Success is a factor of Simplicity Client Prospective: Non-threatening technology Easy to use Non-intrusive Clinicians Prospective: Availability of health vital stats Trend tracking Easy to use
- 15. Impact of Video-Remote Monitoring on Chronic Disease Management CHF CHF Diabetes Diabetes COPD COPD Wound Wound Ref Hosp ER Hosp ER Hosp ER Hosp ER 38% 49% 75% 83% 51% 66% 1 73% 67% 2 63% 3 60% 4 58% 5 1. F. Bryant. Acadian Telehealth Monitoring Strategic Healthcare Program, LLC 2. R.Rees, N. Bashshur. The Effects of teleWound management Use of Services and Financial Outcomes. TELEMEDICINE and e- HEALTH. Vol13.6 2007 3. Montefore Medical Center, Care Management Organization. Health IT News, Research, and Inteligence.at www.HealthITNewsDirect.com/?p=327 4. K.Dansky, K. Bowles, L. Palmer. Clinical Outcomes of Telehomecare for Diabetic Patients. The Journal on Information Technology in Healthcare 2003; 1(1):61-74 5. M. Domingo, J. Lupon, B. Gonzalez, E. Crespo, R. Lopez, A. Ramos, A. Urrutia, G. Pera, J. Verdu, A. Bayes-Genis Noninvasive Remote Telemonitoring for Ambulatory Patients with Heart Failure: Effects on Number of Hospitalizations, Days in Hospital, and Quality of Life, CARME study
- 16. Impact of Video-Remote Monitoring on Chronic Care Management Decrease in Hospitalizations 60% Decrease in Emergency Room Visits 66% Decrease in Hospital length of Stay 3-4 days Avoidable Nursing Home Admissions 67%
- 17. Return on Investment for Video- Remote Monitoring Individuals with 5 or more Chronic Conditions managed with care coordination and video-remote monitoring: $1,400.00 per Individual per month savings on decrease hospitalization and ER visits $600.00 per individual per month program cost $800.00 per individual per month net savings All values are represented in US dollars