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Frost & Sullivan recognizes CSI for its remote patient monitoring kiosk
June 22, 2008
PALO ALTO, Calif. — Based on its recent analysis of the remote patient monitoring market, Frost & Sullivan awarded Computerized Screening Inc. (CSI) with the 2008 North American Frost & Sullivan Award for Technology Leadership in recognition of "its leadership and vision in the remote monitoring kiosks for community-based or population health disease management applications," according to a news release.
The release states that CSI's years of "leading the public kiosk space has given the company vital experience in this model of vital signs monitoring. By entering the dynamic health and disease management space with the Genesis Managed Health unattended clinic and remote medication management system, CSI is leveraging its expertise to capitalize on unique market conditions and end-user needs."
"Health kiosks provide a vital avenue to tap the right remote monitoring payer groups, which is crucial for higher revenues from remote monitoring services," said Zachary Bujnoch, research analyst for Frost & Sullivan. "Exploring avenues such as this show the market really beginning to establish itself and move toward its grand, billion-dollar potential."
"Convincing payers that a product or service is going to save them money is of critical importance in the remote monitoring market. Therefore the design of a system with the right payer group in mind is essential," said Bujnoch. "Recognizing the potential appeal of its kiosk model, CSI developed a unique system for the remote healthcare and disease management market."
The Genesis Managed Health System appeals to many untapped potential payer groups. For instance, in the emergency room setting, this kiosk can create Personal Health Records (PHR's) and Electronic Medical Records (EMRs) by itself, reducing paperwork in the admissions process.
In the corporate world, companies can reduce medical expenses by employing such a system for their employees on site. In remote areas this system can work independently as part of a clinic or pharmacy, greatly reducing the need for the long trip to a medical center.
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