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About 45% of Americans suffer from at least one chronic disease, and about one-quarter of them suffer from more than one condition. The U.S. spends approximately $1.4 trillion on healthcare every year, and about 75% of that spending goes towards people with these chronic conditions. Some say that healthcare spending is only going to keep increasing; however some speculate that wireless technology could mean a future of saving money.
Wireless technology can empower us as individuals by giving us information on our health all day everyday. It also gives healthcare providers better perspectives, so they are able to make more informed decisions, reducing your hospital stays and ultimately lowering costs.
These new smart phone applications are able to measure a wide range of indicators, from blood pressure, blood oxygen levels, heart rate, and even glucose levels. All of this information can be easily transmitted to a patient’s healthcare provider within seconds, which can help healthcare providers monitor their patients more effectively. This can ultimately help people stay away from unwarranted emergency room visits and unwanted hospital stays.
If more people agree to utilize remote monitoring, from healthcare providers to patients, we believe that our country could save more than $21 billion a year in healthcare spending. The video discusses remote monitoring, a healthcare pilot project in Northern Arizona, which is helping to keep cardiac patients out of the hospitals. By helping them live happier and healthier lives at home and providing them with useful tools they can use themselves. Go read more about how wireless technology can help us save money in the future.
These new technologies may be the solution for the future of healthcare and driving down healthcare spending; however, it will take some time for us to see adoption and change. Until then, you can save yourself money by shopping around, exploring different applications and becoming a more consumer-minded patient.