Remote Monitoring Demand

It is time to expand basic health care beyond the doctor’s office, hospital and lab.

Studies indicate a rapidly expanding market is developing for remote medical monitoring.

Graying baby boomers along with a projected decrease in health care providers leads to an obvious need in coming years.

“We’ve got to find a way to wring more efficiency out of the system and that’s something our technology can do,” Health Revolution Sciences Inc. CEO James O’Brien said.

Remote medical monitoring through the wireless application ForVida™ gives patients with chronic conditions an opportunity to live healthier, more active lives. For the first time, physicians and patients can enjoy the benefit of streaming real-time cardiac data as patients go about their daily lives. The software application also compiles this information into a constantly updated electrocardiogram (EKG) and heart rate history for each patient.

ForVida™ software is flexible.  It can be expanded to include a wide range of chronic illnesses and synchronized with disparate  communication platforms.

By 2015, the remote patient monitoring and related telecommunication services are expected to increase from an estimated $5 billion market in 2010 to $35 billion, according to Forrester Research.

The need for technology to catch up with an increasingly mobile society is real.

Over the past century, the nature of  illness in the United States has shifted from episodic to chronic. In 2005, 133 million Americans, or nearly one out of every two adults, suffered from at least one chronic illness, according to the Centers for Disease Control and Prevention.

The health care system, designed largely on an early 20th Century model, has failed to keep pace with this fundamental paradigm shift.

A study released by the Milken Institute in 2007 concludes failing to address seven chronic conditions, including heart disease, cost the U.S. economy an estimated $1 trillion.

ForVida™ is uniquely positioned to address this gap.