Telehealth Care Platform Presents New Insurance Challenges
Telehealth is a burgeoning industry in markets worldwide. The global telemedicine industry is expected to reach $35 billion by 2020.
Medical industry statistics project that telemedicine consultations will surge to 160 million cases by 2020, a 700 percent increase since 2015.
More than 20 million Americans accessed remote healthcare services in 2017, according to the American Telemedicine Association.
Various factors drive the need for telemedicine care. Many people living in isolated or rural areas of the country may not have ready access
to a healthcare facility. Some communities may have a shortage of physicians and/or medical specialists. The demographic that benefits most
from telemedicine care is the growing number of elderly Americans. Many senior living facilities are using patient videoconferencing, enabling
healthcare professionals to diagnose ailments and prescribe treatments remotely.
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