Exciting Breakthrough: Digital Knee® remote monitoring pilot delivers impressive results
In a groundbreaking pilot study conducted over the past three months, Opum Technologies Digital Knee® Remote Monitoring system has demonstrated remarkable success, showcasing its potential to revolutionize patient care and clinic profitability.
Pilot Overview
The pilot began in September and involved fitting 50 sensors across three clinics of a leading orthopedic practice. The results have exceeded expectations, proving the efficacy and financial viability of the Digital Knee® system.
Key Findings
Patient Engagement: 45 patients were successfully fitted with the Digital Knee® sensors in September, demonstrating strong initial adoption
Reimbursement Success: The clinic was able to submit reimbursement for up to 32 patients, showcasing the system's compatibility with existing billing processes
Impressive Financial Returns:
Scalability Potential: Projections based on the pilot results indicate that if 3,000 new patients were fitted in 2024, the potential profit for a clinic could reach an astounding $630,000
Reimbursement Details
The pilot demonstrated consistent reimbursement rates across all three locations, aligning with published average Remote Patient Monitoring (RPM) code amounts. 240 billable codes were generated during the pilot, further validating the system's effectiveness in generating revenue.
Average patient value: $210 over the three months
Looking Ahead
These results underscore the immense potential of Opum's Digital Knee® Remote Monitoring system. As healthcare continues to evolve, technologies like this are poised to play a crucial role in improving patient outcomes while also enhancing clinic profitability. The success of this pilot marks a significant milestone in orthopedic care, paving the way for wider adoption of remote monitoring technologies. Opum Technologies remains committed to advancing patient care through innovative solutions, and we look forward to bringing the benefits of Digital Knee® to more clinics and patients in the near future. Stay tuned for more updates as we continue to revolutionize orthopedic care with cutting-edge technology!