Back in 2016, telemedicine technology was forecast to become a $66 billion market by 2020. While nobody could have predicted COVID-19 and its significant global impact, it has undoubtedly propelled telemarketing further than could have been anticipated, with a significant impact on the way healthcare is provided.
Previous data from the U.S. Agency for Healthcare Research and Quality (AHRQ) found that telemedicine has a number of benefits for healthcare, including boosted mortality rates, improved quality of life and fewer hospital admissions. While citizens are being advised to stay at home and only visit their doctor in an emergency, telemedicine is providing an alternative to ensure patients can get the medical advice they need.
With telemedicine already demonstrating its power to transform healthcare, particularly in times of crisis, the American Medicine Association has stated that telemedicine is now in the the ‘mainstream’, with many practices looking to launch their services quickly to meet growing patient demand. Already transforming medicine as we know it, it’s the opportune time to realize the benefits of telemedicine ready to implement it into practices.
Telemedicine not only benefits hospitals, but smaller practices and Telemedicine is technology applicable not only to large hospitals but is especially useful for small and remote healthcare providers. When used alongside other technology, including electronic health record (EHR) applications, it could revolutionize the offering of medical practices, and even form a new normal that could provide various benefits to practices.
The Benefits of Telemedicine for Medical Practices
Telemedicine is more than just technology; it’s an emerging approach to medicine that’s helping to transform healthcare as we know it – making it more accessible to patients. Right now, telemedicine is restoring a service that many patients have had to sacrifice while social distancing – an appointment with a doctor. A visit to a hospital or a practice for a routine or minor ailment puts patients at risk of catching COVID-19, as well as potentially spreading the virus wider. Some of the benefits telehealth services can bring to practices include:
Telemedicine services can save time for both practices and patients. Being able to provide video/phone-based appointments can ease pressures on practices during the coronavirus outbreak, and meaning vulnerable patients like the elderly can be treated safely at home.
In a time where more and more people are going to be turning to their doctor, it’s important for practices to be able to manage patient appointments effectively. Telemedicine appointments are shorter, enabling doctors to fit in more appointments during the day.
Innovation in delivering patient care
According to the American Telemedicine Association (ATA), telemedicine is helping practices to ‘rethink patient care in crisis’. While it’s an experimental technology for many practices at the moment, telemedicine could help transform patient care, while also changing the way staff are recruited.
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Bizmatics and Telemedicine
In light of recent events, more and more practices are embracing telehealth software to continue to provide patient care. Bizmatics works to equip clients with telemedicine capability to improve services.
Telemedicine technology looks set to truly take-off during COVID-19. And while it’s bringing many benefits during this crisis, it will revolutionize the way practices handle patients in the future.
Know how our Caretime Md – Telehealth Solution can help your medical practice to Improve healthcare quality and Increase practice revenue.