ROI Calculator for Heart Failure Monitoring

Description

The Center for Technology and Aging (CTA) and the Partners Healthcare Center for Connected Health (CCH) developed a return on investment (ROI) evaluation tool to help health care organizations assess the intrinsic financial costs and benefits of RPM technologies. The ROI evaluation quantifies the value of a quality improvement program to an organization and its patients based on savings, improved outcomes, and improved care efficiency. The ROI evaluation includes the following cost categories: patient enrollment, technology and operating costs, personnel or staffing costs, and other potential costs.

Click on the link below to access the Web-based ROI tool. Download the attached user guide for step-by-step information on how to use the tool.

ROI Tool URL: ROI Calculator for Heart Failure Monitoring

Audience

This forward-looking tool that is meant to assist RPM leaders in the planning, implementation and evaluation of an RPM intervention.

Helpful Tips

  • You will need to have data regarding patient enrollment, technology and operating costs, personnel or staffing costs, and other potential costs before starting this evaluation.
  • To complete the ROI analysis, navigate through the following elements in a step-by-step fashion: patient enrollment, program costs and outcomes.
  • To save, print and share your results, please create an account.
  • Help buttons (?) are provided within the calculator to assist you through the process.
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    Please login to access the tool link.

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