Geneia's Education and Training Leader to Speak at AHIP National Conference
October 24, 2016
Remote Patient Monitoring is a Wise Investment for Health Plans
Washington, DC – Geneia LLC (Geneia), an analytics and technology leader in transforming healthcare delivery, announced that Patricia Ingerick, MBA, Executive Director of Geneia’s education and training arm The Geneia Institute, will speak about the efficacy of remote patient monitoring at AHIP’s National Conferences on Medicare, Medicaid & Duals. Joined by executives from Medtronic, Ingerick will discuss the opportunity health plans have to improve the cost, quality and experience of chronically ill members by effectively integrating remote patient monitoring into their existing care management programs. The session, Outcomes of an Integrated Remote Monitoring Pilot, will take place on October 26 at 11:50 am.
“At Geneia, we know remote patient monitoring is a wise investment for health plans,” said Ingerick. “By seamlessly integrating with existing care management programs, our @HomeSM remote patient monitoring solution has demonstrated better outcomes, engagement and costs for the chronically ill.”
Geneia recently completed a year-long remote patient monitoring study of heart failure patients. Health plan members in the study group were selected for the program using predictive analytics, and then given state-of-the-art technology and personalized clinical support. The heart failure patients in the remote monitoring pilot fared much better than the control group, experiencing:
- A net 45 percent reduction in acute hospital admissions,
- A stabilization of risk scores indicating a slowing of disease progression, and
- A 37 percent increase in medication adherence.
In addition to significant outcomes improvement, the health plan yielded an annual savings of $8,375 per monitored patient, which, for a typical one-million-member plan could translate into about $1.1 million saved per year.
For more information about AHIP’s National Conferences on Medicare, Medicaid & Duals, visit https://www.ahip.org/events/mcmcduals/.
Geneia specializes in the development of advanced clinical, analytics and technical solutions for healthcare transformation. Our team of physicians, nurses, technologists, analytics experts, and business professionals have created a suite of solutions that enable health plans, hospitals and employers to better understand, evaluate and manage the health of their populations. Using our advanced analytics platform, remote patient monitoring tool, and education and research institute, we work with healthcare organizations to improve outcomes, lower costs and restore the Joy of Medicine. The company has offices in Harrisburg, PA and Manchester, NH. To learn more, visit geneia.com or connect with us Twitter and LinkedIn.