Who Pays for Remote Patient Management Programs?
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The “organizations that either carry financial risk, or are driving quality improvements pay for Remote Patient Management,” says Marcus Grindstaff, COO for Care Innovations®. Often, RPM is covered by an insurance company, a hospital system, or a specialty clinic — any organization that carries financial risk or wishes to drive quality improvements is likely to invest in RPM. And the reason is clear: RPM drives down the cost of utilization, thereby lowering costs for organizations. “In most cases, remote patient management is covered by a healthcare organization, an insurance company, a hospital system, sometimes a specialty clinic,” Marcus adds.
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CEO, CARE INNOVATIONS®
A 17-year Intel veteran experienced in corporate business strategy, innovation-centered research & program development, and finance.
COO, CARE INNOVATIONS®
A passionate spokesperson for reforming the healthcare delivery system. Grows exceptional teams focused on bringing healthcare to the home.
Karissa Price-Rico, PH.D.
FORMER CMO, CARE INNOVATIONS®
Consumer marketing expert, former Chief Marketing Officer of Care Innovations, and Co-Founder of the Trusted Hands Network.
Julie Cherry, RN, MSN
CCO, CARE INNOVATIONS®
Julie Cherry, RN, MSN: Helped pioneer the first home telehealth solution for remote patient management. Advanced practice nurse.