MAKING THE

BUSINESS CASE

FOR WIRELESS PATIENT MONITORING

Capability:  Market Innovation

Axiom Tools: Observational Research

Business Objective

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

Strategy

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

Results

  • Wireless monitoring is becoming a reality with potential savings for payers, profits for providers and peace of mind for patients
  • Participating providers doubled patient loads and increased cash flow
  • Payers reduced savings in transportation, number of patients, timeliness and quality of service
Surgery Monitors

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