Average RPM reimbursement is $120. At that rate, if 50 patients are enrolled, a practice can generate $72,000 a year in revenue.
Healthcare’s digital transformation is underway-largely accelerated by the Coronavirus pandemic, where previously cautious practitioners are now embracing new technology willingly. In 2020 we saw a rapid expansion of RPM as providers searched for an effective method to deliver patient care during the pandemic, however 2021 has shown us that even as COVID-restrictions lessened, RPM is here to stay. It is estimated that 30 million patients will use RPM by 2024 according to Insider Intelligence.
Currently in the US there is a considerable focus on preventative care, early intervention, and the need for patients to take a more active role in their care management.