The RPM industry is expected to increase sharply over the coming years as the Centers for Medicare & Medicaid (CMS) in the US has begun reimbursement of several RPM activities. Previous lack of reimbursement was one of the chief obstacles to the profitability of RPM, prompting healthcare suppliers to sit up and take note.
Remote monitoring activity heats up
In the past year alone, there were over $1 billion worth of mergers and acquisitions and market activity was equally fierce overall sub-segments, with the recent activity focused on the heart failure and continuous glucose monitoring (CGM) areas.
