How does M2M fit into healthcare reform?

How does M2M fit into healthcare reform?

(Blog) — If I were to make a list of wireless companies, would the healthcare industry come to mind, asks John Horn (pictured), president of RACO Wireless? If not, it should. Now more than ever, big players in the M2M space are beginning to recognise healthcare as one of the vertical markets with the greatest potential application for M2M technology.

Clearly the global healthcare space is rapidly evolving. And with growing pressure from national healthcare reform movements to improve access to and quality of care while decreasing costs, healthcare providers are increasingly seeking new and innovative solutions. Machine-to-machine communications (M2M) has the potential to drastically change the way healthcare is provided.

In healthcare facilities, for example, M2M devices have the ability to eliminate communication barriers and human mistakes that lead to errors in diagnosis, medication and treatment. A recent study by Journal of Health Care Finance estimated that medical errors in the US cost up to $1 trillion per year and are the sixth biggest killer in the United States. By integrating patient monitoring devices and medication systems with electronic medical records, providers can reduce the potential for human errors resulting from misjudgment, fatigue or carelessness. This would not only increase the quality of care but also drastically reduce the cost of healthcare.

What is perhaps even more significant is that M2M is the enabling technology for telehealth and telematics, both of which provide remote healthcare services. In fact, telehealth technologies enabled by M2M have the potential to save billions in healthcare costs over the next few years. With M2M, providers are able to monitor patients in their own homes. Portable, wearable and eventually implantable sensors can monitor vital signs and track patient data, and then relay real-time information to providers. This technology has the potential to reduce unnecessary patient visits, re-admissions and the number of hours home caregivers must spend visiting patients.

M2M technologies also allow providers to remotely monitor chronic diseases like diabetes, COPD*, heart failure and hypertension, as well as manage conditions like obesity. Patients can use mobile devices to track glucose levels, heart rates, blood pressure, weight and diet, and then have this data automatically relayed to a provider for analysis. This not only cuts down on unnecessary office visits, but it also alerts medical professionals to proactively reach out to patients before a health problem reaches the expensive crisis level.

As the M2M space continues to grow and healthcare companies, medical professionals and patients increasingly understand the value of these innovative technology healthcare applications provide, we will all be in the winner’s circle with reduced healthcare costs, improved healthcare systems and all-around healthier lives.

* COPD = Coronary Obstruction Pulmonary Disease (Cardiology)


About John Horn

John Horn joined RACO Wireless as its president in May 2011. Since that time, the company has seen record growth and won multiple awards for its M2M achievements. He brought to RACO more than 25 years of experience in the global telecommunications industry, including nine years at T-Mobile where he launched the company’s M2M programme and go-to market strategy, and was named an M2M Pioneer in 2007 and 2008. Prior to his work at T-Mobile, John served in leadership positions at a number of other companies, including Qwest Communications and MCI. He earned his bachelor’s degree in political science from the University of California at Davis.


9 IoT applications that will change everything

Posted on: September 1, 2021

Whether you are a future-minded CEO, tech-driven CEO or IT leader, you’ve come across the term IoT before. It’s often used alongside superlatives regarding how it will revolutionize the way you work, play, and live. But is it just another buzzword, or is it the as-promised technological holy grail? The truth is that Internet of

Read more

Which IoT Platform 2021? IoT Now Enterprise Buyers’ Guide

Posted on: August 30, 2021

There are several different parts in a complete IoT solution, all of which must work together to get the result needed, write IoT Now Enterprise Buyers’ Guide – Which IoT Platform 2021? authors Robin Duke-Woolley, the CEO and Bill Ingle, a senior analyst, at Beecham Research. Figure 1 shows these parts and, although not all

Read more

CAT-M1 vs NB-IoT – examining the real differences

Posted on: June 21, 2021

As industry players look to provide the next generation of IoT connectivity, two different standards have emerged under release 13 of 3GPP – CAT-M1 and NB-IoT.

Read more

IoT and home automation: What does the future hold?

Posted on: June 10, 2020

Once a dream, iot home automation is slowly but steadily becoming a part of daily lives around the world. In fact, it is believed that the global market for smart home automation will reach $40 billion by 2020.

Read more

Automotive dual high-side gate driver EiceDRIVER 2ED4820-EM with SPI protects dependable 48 V battery systems

Posted on: January 21, 2022

Electrical Vehicles, trucks, e-wheelers and battery packs for solar panels. These Li-ion battery systems need to be protected against negative and positive voltages. In addition, these batteries must be able to quickly and reliably disconnect from loads within microseconds, in the event of an overcurrent. Since a battery unit may not be dedicated to one vehicle, status

Read more

Qualcomm with SB Technology and Cybertrust Japan to proliferate smart cities and 5G IoT solutions

Posted on: January 21, 2022

18 Jan, 2022 – Cybertrust Japan Co., Ltd., SB Technology Corp., and Qualcomm Technologies, Inc., announced they intend to collaborate to support the deployment of smart solutions through the Qualcomm IoT Services Suite offering to help businesses and entities looking to adopt and integrate smart solutions initially in Japan, with intent to expand globally in

Read more