Lindsay Streeter, Director of Clinical Program Design at Medtronic Care Management Services
Health plans and healthcare systems alike are seeking answers to the holy grail of healthcare questions: How do we manage the rising costs of a member or patient population while accounting for individualized care needs?
Individuals with complex, chronic, co-morbid conditions command the highest amount of healthcare resources. In fact, individuals with two or more chronic diseases represent a staggering 93% of Medicare Fee-for-Service (FFS) spending.1 While commercial payers continue to take on significant financial risk, Medicare Advantage plans and provider alternative payment models are increasingly sharing in the financial risk of managing members and patients considered by clinicians to have high-risk health conditions. By 2025, it’s estimated that more than 50% of Medicare age population will be in an at-risk financial arrangement.2
Remote patient monitoring is one way to drive down healthcare costs and reduce healthcare utilization among complex, chronic, co-morbid member or patient populations. Remote patient monitoring programs use technology and patient support services to monitor patients’ health status over time outside of conventional clinical settings. Medtronic Care Management Services provides remote monitoring programs designed to help health plans and healthcare providers manage the health of focused populations. Through this work we’ve seen several benefits that impact both health plan and health system populations.
Read the full article to discover how remote patient monitoring:
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About the Author
Lindsay Streeter is the Director of Clinical Program Design at Medtronic Care Management Services, where she is the clinical voice of the business and is responsible for designing solutions to meet clinical strategic initiatives and serve patients, caregivers, and healthcare professionals across the care continuum.
Lindsay started at Medtronic Care Management Services in 2010 and has held a variety of roles including clinical operations management, program management — for health plan and hospital customers using Medtronic Care Management Services home-based monitoring technologies — and strategic clinical program design. Prior to Medtronic Care Management Services, Lindsay was a charge nurse for a large in-center hemodialysis provider and a Heart Failure Nurse Clinician for an integrated network in Minneapolis, Minnesota.
Lindsay is a Certified Heart Failure Nurse (CHRN-K) and holds a Bachelor of Science in Nursing from the Chamberlain College of Nursing.
“Chronic Conditions Among Medicare Beneficiaries, Chart Book 2012.” Baltimore, MD: Centers for Medicare & Medicaid Services; 2012. Accessed November 18, 2014. Data is based on third-party data, which is not necessarily identical to the Medtronic Care Management Services data.
“Why a Successful Population Health Strategy Must Include Medicare Advantage.” Advisory Board; 2014. Data is based on third-party data, which is not necessarily identical to the Medtronic Care Management Services data.
Darkins, Adam, et al. “Reduced Cost and Mortality Using Home Telehealth to Promote Self-Management of Complex Chronic Conditions: A Retrospective Matched Cohort Study of 4,999 Veteran Patients.” Telemedicine and e-Health, vol. 21, no. 1, 2015, pp. 70–76.
Medtronic data on file.
Siahpush, Mo, Tyson, Geri. “Remote Interventions Improving Specialty Complex Care (RIISCC): Remote Patient Monitoring for Diabetes Patients.” University of Nebraska Medical Center PowerPoint presentation. 2016.
Dickinson, Michael G., and Kevin L. Vos. “Home Telehealth Done in an Integrated Disease Management Program Results in Substantial Cost Savings and Reduction in Healthcare Utilization.” Journal of Cardiac Failure, vol. 21, no. 8, Aug. 2015, p. S78.