Navigation Links
New Healthcare Study Outlines Strategies to Increase Adoption of Home Health Monitoring Technologies

Opportunities for Vendor Success in Projected $2.5 Billion Digital Health


DALLAS, March 18 /PRNewswire/ -- The digital health industry still faces formidable challenges in convincing private insurers to adopt home health monitoring technologies. Yet vendors can overcome insurer resistance by providing independently verifiable trial results and further education regarding the benefits of home health monitoring technologies, according to Private Insurance and Digital Health Solutions, a new study by Parks Associates.

"With U.S. market potential of $2.5 billion in device and service revenues by 2012, the home health monitoring industry has every incentive to convince private insurers, along with other potential payers, of the technology's value and feasibility," said Harry Wang, Senior Analyst, Parks Associates.

The new Parks Associates study outlines ten recommendations for vendors to strengthen home health monitoring technologies' visibility and value proposition, including providing independently verifiable trial results, gaining recognition from the medical community, and presenting a practical plan that will prevent over-utilization of the technology.

"While meeting private payers' requirements -- like providing a drilled-down explanation about the operational details on how the technology is used by consumers and caregivers -- is important, the technology industry must also rally support from consumers, caregivers, and employers -- many self-insured -- to influence private insurers' perception and the technology review process," said Wang, who believes efforts from industry organizations like Continua Health Alliance, American Telemedicine Association (ATA), the Patient-Centered Primary Care Collaborative (PCPCC), and Technology CEO Council are great starts.

Private Insurance and Digital Health Solutions is Parks Associates' latest primary research on the private health insurance industry. The study's analysis is based on January 2008 interviews with twenty senior executives from the private health insurance industry and includes twelve major findings and ten key recommendations.

Harry Wang will present Parks Associates research findings at ATA 2008 in Seattle on April 7, 2008. For more information about Parks Associates' digital health research, visit Up-to-date analyst insight, forecasts, and unique data points can also be found on the company's blog at

About Parks Associates Digital Health Research

Parks Associates is an internationally recognized market research and consulting company specializing in emerging consumer technology products and services. Parks Associates envisions pervasive adoption of digital technology within the global health care system and a drastic transformation of how healthcare and wellness aids are delivered to consumers in the future. Our research clarifies the opportunities and challenges for technology vendors, healthcare providers, and companies considering entering this changing market.

Parks Associates' expertise includes new media, digital entertainment and gaming, home networks, Internet and television services, digital health, mobile applications and services, consumer electronics, and home control systems and security. |

For Immediate Release

Contact: Chelsey Tyson

Parks Associates


Email: Available Topic Expert(s): For information on the listed expert(s), click appropriate link. Harry Wang

SOURCE Parks Associates
Copyright©2008 PR Newswire.
All rights reserved

Related medicine news :

1. AtriCure to Present at Thomas Weisel Partners 2007 Healthcare Conference
2. BD to Present at the Bear Stearns 20th Annual Healthcare Conference
3. ATS Medical to Present at the 2007 Thomas Weisel Partners Healthcare Conference
4. Dr. Paul Bandt Celebrates 35th Anniversary With Desert Radiologists and a History of Healthcare in Las Vegas
5. Omnicell to Present at Thomas Weisel Healthcare Conference 2007
6. MDS to Present at Thomas Weisel Partners Healthcare Conference
7. Hospira to Present at the Bear Stearns 20th Annual Healthcare Conference on September 11
8. AMICAS to Present at Thomas Weisel Partners Healthcare Conference 2007
9. Mettler-Toledo International Inc. Announces Webcast of Presentation at Thomas Weisel Partners 2007 Healthcare Conference
10. Kingfisher Healthcare (KFH) Achieves World Class Quality Platform
11. Omnicom Acquires Leading Healthcare Marketing Communications Firm in China
Post Your Comments:
(Date:11/30/2015)... ... 2015 , ... The American Society for Clinical Pathology (ASCP) announced today that ... On Nov. 30, ASCP shared its “Give a minute. Get tested. Find a cure.” ... importance of getting tested for HIV. , ASCP has asked members to replace their ...
(Date:11/30/2015)... Beach, FL (PRWEB) , ... November 30, 2015 ... ... of Consumer Reports magazine, quoted Michael Hansen, Ph.D., a senior scientist at Consumer ... and even more so for a child’s exposure limits. , The original Nov ...
(Date:11/30/2015)... PITTSBURGH, PA (PRWEB) , ... November 30, 2015 , ... ... scoop often results in wasted time. Fortunately, an inventor from Chesterfield, Va., has found ... SCOOP CLIP to keep the scoop used to measure powdered contents in a canister ...
(Date:11/30/2015)... ... 2015 , ... Medicalis, a leading developer of enterprise-scale Imaging ... (RSNA) annual meeting, being held November 29 – December 3, 2015, that its ... company has completed installations for Integrated Delivery Network (IDN) customers such as WellSpan, ...
(Date:11/30/2015)... ... November 30, 2015 , ... ... its industry-leading suite of automated breast density assessment and enterprise analytics solutions, ... November 29-December 4, 2015 (South Hall booth #2377). Volpara’s quantitative breast imaging ...
Breaking Medicine News(10 mins):
(Date:11/29/2015)... , Nov. 29, 2015  Strengthening its leadership ... PHG, AEX: PHIA) today announced IntelliSpace Portal 8.0 ... analytics and visualization platform that helps radiologists detect, diagnose ... 2015 Radiological Society of North America Annual Meeting ... IntelliSpace Portal 8.0 helps address the changing demands in ...
(Date:11/29/2015)... , Nov. 29, 2015  At this year,s ... to experience the most complete mobile C-arm portfolio with ... is Ziehm Vision RFD 3D, the world,s only 3D ... edge length per scan volume. In addition, Ziehm Imaging ... motorized mobile C-arm in four axes which is ideally ...
(Date:11/29/2015)... 29, 2015 CIVCO Medical Solutions will ... the Radiological Society of North America ... November 29 – December 4, 2015. ... offer customers unrivaled versatility, enhanced user experience and ... --> ...
Breaking Medicine Technology: