Navigating the patient monitor marketplace

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Navigating the patient monitor marketplace

February 07, 2020
Patient Monitors
From the January/February issue of HealthCare Business News magazine

By using the monitor to assist in the prevention of adverse patient events, both the patient and facility benefit. The same EtCO2 module can be key in preventing failure to rescue scenarios throughout the acute care and ambulatory care areas. Value-based care can be directly affected by selecting the appropriate monitoring parameters in each area of care. This one parameter can help to increase reimbursement tied to delivery of care, improve patient throughput, and most important, improve quality of patient care.

Allied healthcare professionals and acute care providers alike have myriad options available to customize the monitoring in their areas of practice. The consistent challenge is whether that monitor and associated parameters will be able to connect with the guiding facility’s electronic health record (EMR). If the sharing and transfer of data stops at the door of the provider, then the value of the monitor has been greatly diminished. However, if that monitor has the capability to share the patient data within the total healthcare system, the patient care cannot only be improved but be made more efficient.

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James Laskaris
Does this mean that every procedural area, both in and out of the acute care setting, needs high-end, multi-parameter monitoring? No. The ability to customize monitoring from today’s major vendors allows monitors to be designed to fit each care area and to be portable between areas. It is inefficient use of capital funds to over-purchase patient monitoring. The most cost-effective strategy is to look at the varying levels of care within a facility and purchase a monitor that can be integrated with modules to provide the level of assessment for each particular patient.

Julie Andrews
The bottom line is: hospitals are treating sicker patients, and patient monitoring, if configured effectively, can be a key tool in improving outcomes and operational effectiveness. The challenge of this technology is matching the right system to an evolving patient mix and keeping in mind that it is a decision that a hospital will have to live with for many years.

About the authors: Julie Andrews is a clinical analyst at TractManager. James Laskaris is a senior clinical strategist at TractManager.
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