Physicians, practices, and healthcare systems have many options when starting a remote patient monitoring (RPM) program. The abundance of RPM vendors is a pro and con. It allows you to find a partner that fits your specific needs but you can easily get lost in all the available options. Whether you’re just beginning or ready to replace your current RPM solution, check out this list of the best remote patient monitoring companies in 2024.
What is a remote patient monitoring company?
RPM is a type of telehealth that allows physicians to monitor chronic disease patients outside the traditional care setting. They do so with connected devices that measure vitals and transmit that data to a software platform. The most common conditions to track include:
- Hypertension and congestive heart failure (CHF)
- Diabetes
- Obesity
- Chronic obstructive pulmonary disease (COPD)
- Chronic kidney disease (CKD)
A remote patient monitoring company provides the tools and support you need to build, sustain, and grow an RPM program. Typically, the vendor would offer these things:
- RPM software
- Connected devices (including shipping)
- Patient identification
- Insurance eligibility verification
- Patient onboarding (virtually or on-site)
- Clinical monitoring services led by licensed nurses
RPM companies also have specialty applications and go beyond vital monitoring. With such a wide range of solutions, you’ll need to define what type of RPM services and technology you need to produce better results for chronic disease patients.
The RPM Market Overview
There has been massive growth of this industry in the past few years. The estimated U.S. market value was $8.5 billion in 2023, with an expected 34.9% CAGR (compound annual growth rate) from 2024 to 2030.
With innovative technology abundant in this category and the rise in chronic diseases, RPM has become a pivotal tool in improving clinical outcomes. The ability to monitor high-risk patients brings significant benefits, including a reduction in emergency department visits and hospitalizations. Physicians also have access to consistent data regarding vitals to inform treatment recommendations.
The RPM industry has lots to offer physicians and patients, some of which are very specialized.
The Best Remote Patient Monitoring Companies in 2024
Whether you’re just beginning or ready to replace your current RPM solution, check out this list of the best remote patient monitoring companies in 2024.
-
Optimize Health
Optimize Health is an RPM and CCM company with a suite of solutions that deliver better clinical results, less work for practices, improved patient engagement, and support for reimbursement workflows. Care teams can get real-time data on patient adherence and vital readings, gain insights on monthly revenue, and stay in touch with patients in any necessary scenario through secure two-way SMS texting and calling all in one platform. Through a united ecosystem of intuitive RPM software, connected devices, and clinical monitoring services by licensed nurses, practices achieve a new level of connectedness with patients without taking a toll on the staff. They offer full-service solutions including insurance verification, device shipping, patient onboarding, billing support and more.
-
Medtronic
Medtronic is a medical device manufacturer with RPM solutions for implantable devices related to heart diseases. Its platform receives data from patients with implantable cardiac devices (ICDs), cardiac resynchronization therapy defibrillators (CRT-Ds), and pacemakers.
-
CareVive
CareVive’s RPM platform focuses on oncology treatments. The cancer segment of the RPM market remains in its infancy, with most solutions tracking standard vitals that don’t necessarily reflect the status of the cancer. It’s different, as it allows patients to input more relevant data, constituting patient-reporting outcomes (PROs). Data analysis of this information helps care teams adjust treatment plans.
-
Perigen
Perigen is another specialty-specific RPM company. The solution is for perinatal monitoring and offers OB practitioners a tool for consistent data analysis and calculations. Alerts on the vitals of the fetus create an early warning system, which can make all the difference in high-risk pregnancies.
-
Agartee
Agartee specializes in RPM for pulmonary conditions, sleep breathing disorders, and geriatric monitoring. Much of its solutions revolve around behavior change to improve long-term health.
-
AiCure
The AiCure platform is an RPM solution that supports pharmaceutical and biotech companies in clinical trials. Its features enable insights into treatment responses that can help accelerate the path of bringing a drug to market.
-
eCareCoordinator by Philips Healthcare
eCareCoordinator is an RPM solution that assists with monitoring heart failure, COPD, and diabetes. It integrates AI into the platform to identify and analyze received data for trends. It requires a patient app to connect to the software.
-
Biofourmis
Biofourmis is a digital care platform with solutions for care delivery and life sciences. The physician-patient solution provides connected, configurable, and personalized care options. It enables inpatient-level care at home and supports transitional care and disease management.
-
Accuhealth
Accuhealth is an RPM company that supports connected devices that monitor weight, pulse oxidation, glucose, and blood pressure. The technology features are similar to others that transfer patient data and track time. It also has a telemedicine platform for telehealth care.
-
HealthSnap
HealthSnap offers a virtual care management platform that includes RPM and connected devices. The technology enables exchange of vital data to the software. HealthSnap also offers eligibility and revenue cycle support.
-
Cadence
Cadence makes the list with its solutions for managing chronic conditions. Patients use smart devices to record daily vitals with frequent monitoring by clinicians. The platform also includes telehealth capabilities for virtual visits.
-
Athelas
There are several features available from Athelas. The RPM platform includes in-home patient management and connected medical devices. Nurses monitor patients' vitals with escalation as needed. The company also offers billing management to RPM reimbursements support.
-
Health Recovery Solutions
Health Recovery Solutions (HRS) also delivers a full suite of RPM solutions. The core components of the platform include ways for patients to submit vital data and an app for communication. The company has a specific solution for those in hospice or palliative care.
-
HicuityHealth
HicuityHealth is a virtual health RPM company. The telemedicine platform includes virtual nursing, tele-ICU, telemetry, virtual sitters, and smart devices. The workflow of the product allows customization of telemedicine services at the unit, facility, or system level to promote continuity of care.
-
MD Revolution
MD Revolution is a remote care management solution that offers both RPM and CCM. It boasts interoperability, patient engagement, clinical monitoring, and patient identification features. The integrated system supports automated workflows for individualized care.
Choose the best remote patient monitoring company based on needs, capabilities, and credibility.
Deciding which RPM solution is the best for your staff and patients depends on your requirements, the system’s features, and how effective and reliable it is.
Look for a system that’s flexible, agile, trustworthy and proven. Unfortunately, many RPM programs fail because the solution wasn’t the best fit. Often there was under delivery, and many RPM providers have folded. In fact, we’ve seen this play out many times with one-third of our new customers transitioning to our platform from others.
Learn more about Optimize Health’s RPM solution and why it’s one of the best available solutions that prioritize clinical outcomes and clinician support.