The Role of Remote Cardiac Monitoring Technology in Saving Lives

 

Daniel Litwin was joined by Dr. Waqaas Al-Siddiq, founder and CEO of Biotricity, to talk about effects of the pandemic on healthcare and how his company’s remote cardiac monitoring technology saves lives.

Patients have a tendency to visit a doctor when something is going wrong, rather than to prevent something from going wrong, which Dr. Al-Siddiq referred to as “acute” visits versus “preventative” visits. This trend leads to more serious and chronic heart issues, which leads to greater strain on the healthcare system.

“70 cents of every dollar is basically spent right now in the united states healthcare system on chronic patients. 40% of those patients have more than one disease, so it’s not just about heart … Of course this all drives to a rising cost,” said Dr. Al-Siddiq.

However, with the pandemic has come a greater prominence for tele-medicine, allowing for easier access to doctors and a flattening of state-based regulations. With heart health in particular, monitoring and data is necessary for initial visits, which is something that can be provided by Biotricity’s smart devices.

The health insurance landscape, however, is a bit more difficult to wrangle, with its non-standardized definitions of heart health necessities. Dr. Al-Siddiq believes insurance education is key when interacting with customers.

“We understand that real time monitoring is a necessity, we believe it’s a necessity and we understand that many insurance providers believe it’s a necessity. So when we sell it to customers, we explain to them which insurance providers…Medicare, Medicaid, all these providers believe the same thing, that it’s a necessity. And then these few players sitting over here on the left side don’t believe it’s a necessity, but you can have a dialogue with them. So we try to educate them, it’s a big part of the process – educating our customers and having them understand the insurance nuances.”

The doctor offered some thoughts on the future of preventative heart health and the importance of active monitoring in saving lives. “I think there’s this combination of how we as individuals should feel safe if we know that we’re monitored and that data is being transmitted, and that needs to be explained and we need to open that dialogue. And as administrators and as physicians and as clinicians and as medical device companies, we need to say hey, there’s a gap in care. Here’s the data to prove that this is better, and let’s make sure that’s communicated and becomes part of the dialogue.”

Follow us on social media for the latest updates in B2B!

Twitter – @MarketScale
Facebook – facebook.com/marketscale
LinkedIn – linkedin.com/company/marketscale

Follow us on social media for the latest updates in B2B!

Image

Latest

future of healthcare
Leading Through Change: Dr. Kevin Stevenson on Workforce, Innovation, and the Future of Healthcare
October 1, 2025

Healthcare is at a critical turning point, where staffing pressures, shrinking reimbursements, and rising patient expectations are reshaping the future of healthcare. According to the AACN Nursing Workforce Fact Sheet, the federal government projects more than 203,000 new registered nurse positions will be created annually from 2021 to 2031, reflecting high demand from an…

Read More
Non-traditional students
Holistic Support in Higher Ed: Why Non-Traditional Students Need More Than Just Financial Aid
October 1, 2025

Non-traditional students—adult learners, student parents, veterans, and first-generation college-goers—are carrying heavier burdens than ever. Upswing’s 2024 Ana Insights Report found that nearly nine in ten students intended to complete a FAFSA application, while many also sought help with essentials like food, housing, and bill payments. Perhaps most concerning, students expressed declining confidence in higher…

Read More
EAA AirVenture
@EAA AirVenture 2025 – Lori Barger & Larry Schaack Talk Communication & Safety
October 1, 2025

Nestled in the shaded quiet of Oshkosh’s Seaplane Base, there exists a side of EAA AirVenture that many attendees never see. Unlike the bustling main grounds, the Seaplane Base operates for just one week each year, transforming from an unused shoreline into a hub of aviation activity. It takes hundreds of volunteers and days of…

Read More
Seaplanes
Jim Zirbel at @EAA AirVenture 2025 | Keeping Seaplanes Connected & Safe
October 1, 2025

At the heart of EAA AirVenture 2025, the Seaplane Base offers a unique glimpse into aviation’s most delicate dance—where water and air meet. Unlike traditional runways, this floating airfield demands a constant balance of precision, coordination, and communication. Here, pilots don’t just rely on their own skill; they depend on an entire team of volunteers…

Read More