The Remote Opportunity

Between 2019 and 2022, the number of Medicare members with remote monitoring (RM) claims increased from 55,000 in 2019 to over 570,000 by 2022. Both traditional Medicare and Medicare Advantage experienced this expansion—900% and 1400% increases in the number of members with RM claims, respectively (see Medicare Beneficiaries With Remote Monitoring Claims Up 10X In Four Years).

In addition to the increase in the number of members, the average payment per member nearly doubled, from $266 per member in 2019 to $545 per member in 2022. The increase in per-member payments for remote patient monitoring (RPM . . .