Fortune 500 companies, tech startups, and healthcare providers are working together to find, evaluate, and test new products that could revolutionize the healthcare industry. By utilizing devices that monitor patients remotely and in real-time, these companies hope to minimize hospital readmission and streamline costs, allowing patients in the most remote areas to receive care.
As IoT evolves and the world becomes more connected, the need for remote monitoring devices in healthcare increases.
Studies show that patients who are engaged in their overall health do better when it comes to managing it. Therefore, healthcare providers are looking at sensor technology as a way to detect potential issues before they require hospitalization – preventing higher costs associated with longer recovery and corrective treatment.
IoT has the power to bring healthcare providers and patients together to develop better chronic disease management strategies, improved communication, and deeper engagement.
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