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Use of Telemedicine Can Reduce Hospitalizations of Nursing Home Residents and Generate Savings for Medicare
The Commonwealth Fund Feb. 5, 2014
"After the introduction of the telemedicine service, hospitalization rates declined 9.7 percent among the intervention facilities and 5.3 percent among the comparison facilities ... There was a significant decline in hospitalization rates at facilities that were deemed 'more engaged' with the telemedicine service; hospitalization rates for this group declined 11.3 percent. Based on the reduced hospitalization rates of the more-engaged facilities, Medicare could expect an average of about $151,000 in savings per nursing home per year. The annual cost of the telemedicine service was $30,000 per nursing home, suggesting that there could be $120,000 in net savings per year."
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