MAKING THE

BUSINESS CASE

FOR WIRELESS PATIENT MONITORING

Capability: Market Innovation

Axiom Tools: Market AnalysisEconomic Feasibility Modeling

Business Objective

  • Analyze business case and provider profit model for wireless patient monitoring

Strategy

  • Identify underserved needs of segments including: patient, physician, nurse, providers, and payers
  • Complete feasibility analysis for each group

Results

  • Participating providers doubled patient loads and increased cash flow by 4x
  • Payers reduced transportation costs by 3x

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