A system for collecting physiological data from a patient, the system comprising: a reusable module comprising: a processor; a first memory; and a wireless communication module configured to establish a wireless communication with a patient monitoring system; and a disposable module comprising: a sensor element configured to collect physiological data from a patient; a second memory configured to store operation data associated with the sensor element; and a battery, and wherein the disposable module is validated based at least in part on the operation data; the first memory is configured to store the physiological data collected by the sensor element of the disposable module; sensor life expectancy is determined based at least in part on the operation data and sensor life data, and wherein the sensor life expectancy represents the expected operation time of the disposable module; the sensor life expectancy is automatically updated when there is a change in patient condition or a change in operation condition for the disposable module; and detecting the change in patient condition triggers the collecting of the physiological data at a higher fidelity causing increased power consumption by the disposable module. a reusable module comprising: a processor; a first memory; and a wireless communication module configured to establish a wireless communication with a patient monitoring system; and a processor; a first memory; and a wireless communication module configured to establish a wireless communication with a patient monitoring system; and a disposable module comprising: a sensor element configured to collect physiological data from a patient; a second memory configured to store operation data associated with the sensor element; and a battery, and wherein the disposable module is validated based at least in part on the operation data; the first memory is configured to store the physiological data collected by the sensor element of the disposable module; sensor life expectancy is determined based at least in part on the operation data and sensor life data, and wherein the sensor life expectancy represents the expected operation time of the disposable module; the sensor life expectancy is automatically updated when there is a change in patient condition or a change in operation condition for the disposable module; and detecting the change in patient condition triggers the collecting of the physiological data at a higher fidelity causing increased power consumption by the disposable module. a sensor element configured to collect physiological data from a patient; a second memory configured to store operation data associated with the sensor element; and a battery, and wherein the disposable module is validated based at least in part on the operation data; the first memory is configured to store the physiological data collected by the sensor element of the disposable module; sensor life expectancy is determined based at least in part on the operation data and sensor life data, and wherein the sensor life expectancy represents the expected operation time of the disposable module; the sensor life expectancy is automatically updated when there is a change in patient condition or a change in operation condition for the disposable module; and detecting the change in patient condition triggers the collecting of the physiological data at a higher fidelity causing increased power consumption by the disposable module.