InformationWeek, August 2, 2013
In 12 remote patient monitoring deals this year, venture capitalists put a total of $102 million into RPM companies, reports Rock Health, a seed fund for digital health. Why the focus on remote monitoring technology? Investors are betting that new federal requirements and changes in how doctors get paid will force hospitals to buy more gadgets to help watch over and care for patients outside the hospital setting. The Affordable Care Act is expected to push more medical billing from the traditional fee-for-service model to the new fee-for-performance model; in other words, hospitals will get paid to keep people healthy.