Reliq’s opens in a new windowiUGO Care platform provides Remote Patient Monitoring, Telemedicine and Care Coordination solutions for hospitals, home care agencies and family practices/Accountable Care Organizations (ACOs) providing care for patients in their homes. iUGO Care allows caregivers to monitor a patient’s vital signs, activity, and medication adherence in the home. Clinicians can receive automated alerts if a patient’s health starts to deteriorate allowing them to intervene early, before an ER visit or hospital admission is required.
Approximately 66% of all Medicare and Medicaid patients have two or more chronic conditions such as diabetes, congestive heart failure, hypertension, COPD, etc. In 2016, over 57 million Americans were covered by Medicare or Medicaid, meaning that over 38 million Americans qualified for virtual care in the home under new CMS billing code 99490 for chronic care management1. The value of the chronic care management (CCM) market for patients covered by Medicare/Medicaid was therefore valued at over US$20 billion in 2016. Currently, at least one in four Americans have two or more chronic diseases2, or over 81 million adults. As the population grows and as private insurers (HMOs) also begin to provide coverage for CCM programs, the total market value for in-home virtual care is expected to exceed US$50 billion annually by 2021.