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Creating Value for Health IFA 2012 Global Conference on Aging Dr. John Tarrant 118 Old Lafayette Ave...

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Creating Value for Health IFA 2012 Global Conference on Aging Dr. John Tarrant 118 Old Lafayette Ave Lexington, Kentucky 40502 USA [email protected] Video Remote Monitoring to Promote Better Health and Security
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Creating Value for Health

IFA 2012 Global Conference on Aging

Dr. John Tarrant118 Old Lafayette AveLexington, Kentucky 40502 [email protected]

Video Remote Monitoring to Promote Better Health and Security

Our Aging Population

Global Cost of Health CareBased on GDP

Chronic Disease as the Main Cause of Death

Who Should Receive Video-Remote Monitoring

How Chronic Disease impacts Hospitalization

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

Changes to Current System which will Improve Chronic Care Management

Four Primary Types of Home Monitoring

TelephoneFollow up on past procedure

Video ConnectivityBehavior health

Remote MonitoringEarly stages of a chronic condition

Video-Remote MonitoringDetailed monitoring of poorly controlled chronic condition or multiple chronic conditions

The Benefits of Video Remote Home Monitoring

integration of external services:meals on wheelsadult educationappointment scheduling

connecting with family members

social interaction

data collection: Health vital stats

video communication

Intergration of Health Care Services

Hospitals

Community

Services

Home

Monitoring

Relatives

Doctor

Elder

Functionality of Video-Remote Monitoring

Medical Peripherals

Blood Pressure

Glucometer

Spirometer

Weight Scales

Stethoscope

EKG

Blood Oxygen

Success is a factor of Simplicity

Client Prospective:Non-threatening technologyEasy to useNon-intrusive

Clinicians Prospective:Availability of health vital statsTrend trackingEasy to use

Impact of Video-Remote Monitoring on Chronic Disease ManagementCHF 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, LLC2. R.Rees, N. Bashshur. The Effects of teleWound management Use of Services and Financial Outcomes. TELEMEDICINE and e-

HEALTH. Vol13.6 20073. Montefore Medical Center, Care Management Organization. Health IT News, Research, and Inteligence.at

www.HealthITNewsDirect.com/?p=3274. K.Dansky, K. Bowles, L. Palmer. Clinical Outcomes of Telehomecare for Diabetic Patients. The Journal on Information Technology in

Healthcare 2003; 1(1):61-745. 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

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%

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


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