Topol: Remote monitoring will save $20+ billion | mobihealthnews
“The economy has hit bottom,” Scripps Health’s Dr. Eric Topol declared during his keynote at the CTIA Wireless event in Las Vegas this week. “But at the same time there has never been more wireless innovation in the medical community.”
Topol spent much of his twenty five minutes onstage describing and demonstrating examples of that innovation.
“As a cardiologist I never thought I would be seeing from a smart bandaid on my phone a continually streaming electrocardiagram,” Topol said. “I never thought this would be possible, but, of course, it is ready now.”
Topol then showed a real-time wireless bandaid for monitoring electrocardiograms that he said the FDA approved last month. The product was developed by Corventis.
“Let me do a demo of this, [the smart bandaid] is right on me now. Let’s take a look: Here’s my electrocardiogram. I noticed my heart rate went up a bit since this morning… That’s interesting.”
Topol said that the ability to remotely monitor someone who has had heart failure with a solution like this has extraordinary potential. He also said that remote monitoring for heart failure patients alone is projected to create savings of $10 billion per year. If you add diabetes and chronic congestive pulmonary disease wireless remote monitoring to that figure, we could save another $10 billion a year by virtue of remote wireless monitoring, Topol said.
via Topol: Remote monitoring will save $20+ billion | mobihealthnews.