Some claim the early television experiments in 1955 as the origin of TeleHealth, which means TeleHealth is more than half a century old. The adoption of TeleHealth has had multiple challenges including, but not limited to reimbursements, affordability and experience gaps.
However, of late, the stars are aligning for TeleHealth adoption to take off. According to BCC research, the global telemedicine market is expected to grow to 27.3 billion by 2016. According to the AHA (American Hospital Association) report, 42% of US acute care hospitals have TeleHealth capabilities. While healthcare reforms have given the adoption a significant boost, there are more trends that are fueling the adoption. We look at 10 such trends. On a broad level, these can be classified into three major categories:
- Policies and New Business Models
- Technology and Affordability
- Experience and Efficiencies