Is Telehealth the future?
Vidhi Mundhra- Conquest Team
tinues to change how physicians deliver care. An analyst firm Frost & Sullivan predicts a 64.3% naTelehealth is the delivery and facilitation of health tionwide uptick in demand for Telehealth this year care, health education, and health information due to the health crisis. COVID-19 pandemic has services via remote technologies. brought in immense opportunities for telehealth Live video conferencing, mobile health apps, solutions as social distancing was being practiced. “store and forward” electronic transmission, and So, Telehealth is an attractive, effective, and afremote patient monitoring (RPM) are examples of fordable option. For example, Teledoc Health Inc. technologies used in Telehealth. had a 60% increase in its number of virtual conHealthcare is a $2 trillion industry lately, which is sultations, which touched 2 million in just three undergoing a lot of evolution. It is bound with ad- months from January to March 2020 when comherent cost, red tape, and progression in uncured pared to the Q4 in 2019. diseases. With a huge commitment of resources focused on What is Telehealth?
To outweigh these realities, the industry is looking for ways to improve in nearly every imaginable way, and no wonder it found it’s solace in digital.
dealing with the pandemic, this brings attention to the changing dynamics of the industry and what it shows about the allocation of resources
Effect to due pandemic
Market effects
Nearly 50% of doctors are now using Telehealth to treat patients as the COVID-19 pandemic con-
Growing investments in Telehealth and the recent pandemic are directing the industry on a higher Strategist
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