ACOs Using CareSignal’s Deviceless Remote Monitoring Solution Generated $59 Million In Total MSSP Savings In 2021

By OPEN MINDS Circle

CareSignal, a Lightbeam Health Solutions company and innovator of “Deviceless Remote Patient Monitoring” (RPM), announced that accountable care organizations (ACOs) using their solution generated $59 million in savings for the Medicare Shared Savings Program (MSSP) in performance year 2021. The CareSignal system contributed to lower utilization, reduced cost, and higher patient engagement rates.

CareSignal’s Deviceless RPM technology uses widely accessible text messages and phone calls to enable care managers and providers to track patient symptoms outside of the clinic, improving patient access, experience, and communication. CareSignal empowers patients to better manage their chronic conditions by supporting 35 programs including chronic heart failure, COPD, depression, and social determinants of health and receive proactive care to reduce avoidable utilization. ACOs using CareSignal also had 14% higher average scores for CAHPS® measures related to Stewardship of Patient Resources, 3.75% higher average scores for Shared Decision Making, and 1.5% higher average scores for Health Promotion and Education when compared to ACOs not using CareSignal.

CareSignal offers Deviceless Remote Patient Monitoring® which is specifically designed for value-based care by leveraging real-time, self-reported patient data and artificial intelligence to produce long-term patient engagement while identifying clinically actionable moments for proactive care delivery. Together, Lightbeam and CareSignal align best-in-class population health capabilities with proven remote engagement and monitoring solutions serving more than 42 million patient lives across the United States. Lightbeam’s vision is to shine a light on health data using analytics, and to provide the insight and capabilities healthcare clients need to ensure patients receive the right care at the right time.

Contact information: Lightbeam Health Solutions, 222 W Las Colinas Blvd., Suite 2200N, Irving, TX 75039; (972) 831-7270; Email: info@lightbeamhealth.com; Website: https://lightbeamhealth.com/