Silicon Valley has come up with its own innovation to cut medical costs through wireless technology. They have built a tiny, edible chip that attaches to pills and keeps track of whether patients are taking their medication. One study claims that such remote monitoring can annually save billions, on a range of diseases.
With cell phones widespread, some of the infrastructure to send medical data wirelessly already exists. But a few studies back up the claim of massive savings.
In addition, health providers may not take advantage of such technologies if insurers won’t pay for them and may hate to promote technology that keeps patients out of the doctors' office.