Tag: telehealth

Telemedicine Isn’t Just Here To Help – It’s Here To Stay

By Heather Fraser, global lead for life sciences and healthcare, IBM Institute for Business Value

Heather Fraser

According to a recent IBM Institute for Business Value survey of more than 5,000 U.S. adults, just over 36% of respondents have already taken advantage of telemedicine services to seek remote care for less urgent health issues since the beginning of the COVID-19 pandemic.

Of those surveyed, 59% plan to keep using these services into the future, despite the fact that only one-fifth of those surveyed sought virtual care before.

As patients and their providers increasingly recognize the value of engaging virtually, and as we transition into our ‘new normal’, healthcare organizations will need to expand their virtual capabilities to keep up with increased demand for telemedicine while ensuring personalized, seamless delivery of high-quality care. But how?

Increased adoption fuels greater acceleration

Virtual health services and capabilities have been available for quite some time. But in light of a strained and reconfigured healthcare system due to COVID-19 – and with many patients self-isolating – the rate of adoption and use has increased. In years to come, this adoption is likely to gain momentum as demand continues to grow.

Routine face-to-face medical care is now limited for most Americans due to the pandemic, prompting many to take advantage of remote services to access the care they need. And as many parts of the country plan ahead for a world with less in-person interaction, more consumers may choose to forego the process of scheduling an in-person appointment with their provider if they know that it’s possible to receive the same high-quality care through virtual visits.

More than half of those surveyed in IBM’s latest poll indicate they have had a positive experience using telehealthcare services, such as telemedicine, telenursing and telepharmacy, either before or during the current crisis – and that positive experience must be upheld.

To maintain and build on the increased traction of virtual care, providers need to work to ensure that these platforms and services are easy to use for those who are not technologically savvy. It is also critical that they support these services with robust and secure infrastructure so their digital offerings are available and reliable at all times – to the benefit of both patients and doctors.

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How COVID-19 and Telehealth Are Affecting Healthcare Compliance

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By Devin Partida, technology writer and the Editor-in-Chief of the digital magazine, ReHack.com

The coronavirus pandemic has caused massive changes around the world. As people adjust to the new normal, they may notice some differences associated with COVID-19 and telehealth. Here’s an in-depth look at those changes.

Telehealth adoption rising

United States government officials announced changes in mid-March that dramatically increased access to telehealth in the nation. The changes included allowing providers to use everyday technologies to connect with patients, offering more telehealth treatment coverage to Medicare beneficiaries and making such options available at lower costs than traditional appointments.

The increased access and provider flexibility are temporary, intended to remain only for the duration of the country’s health emergency. However, some people believe the changes could bode well for telehealth in general, such as by giving adoption of the technology a sustained boost.

Analysts at Frost & Sullivan predict a 64.3% year-over-year growth increase for the telehealth sector this year. The researchers mentioned the need for social distancing as a central factor influencing the surge. However, they cautioned that the telemedicine industry contains an ecosystem where numerous parties affect adoption rates and healthcare compliance standards.

Medical practices can increase income through telehealth visits

Many people avoid face-to-face treatments now due to the risk of virus transmission. However, even before COVID-19 became a threat, people faced other obstacles that made in-person care more complicated, such as a lack of transportation or mental health struggles that made them nervous in public.

Jason Popp, a partner at Alston and Bird’s healthcare litigation group, pointed out how making telehealth more accessible introduces more revenue streams for medical facilities: “When the pandemic started, physicians in practices were seeing big changes because they couldn’t see patients anymore.”

Popp continued, “Now they’re quickly adapting to the change. Otherwise, they’ve got limited revenue because patients aren’t coming to clinics or certain facilities. It’s been a bit of a wake-up call to practitioners who were previously kind of opposed to telehealth. Now they’re seeing there are immense benefits. After the pandemic, many will continue to provide telehealth.”

A temporary telehealth waiver connected to the coronavirus pandemic expands access to people beyond rural areas. Popp viewed that regulatory change as the most significant and hopes Congress will eventually make it permanent. Other parties familiar with telehealth say the sector is scaling up so rapidly that reverting to pre-COVID-19 healthcare compliance standards would prove difficult.

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How COVID-19 Has Impacted Healthcare: Physician Sentiment and Telehealth

By Erin Fitzgerald, chief marketing officer, Sermo.

Erin Fitzgerald

This year has presented a continuous string of unprecedented challenges around the world and in all aspects of life. Individuals, organizations and industries needed to adapt quickly to a “new normal,” which in some cases may prove to change the facets of healthcare delivery permanently.

Healthcare, typically known to be slow-moving with all of its complexities, has had to adjust rapidly to meet increasing patient cases and demands, creating problems which are hopefully only short term. For example, independent medical practices have been closing as they struggle to bring in revenue by losing patients “walking through the door.” In addition, over 1.4 million healthcare jobs have been lost since the beginning of the pandemic and the AHA estimated that America’s hospitals could lose $202.6 billion by the end of June.

Conversely, the pandemic has spurred innovation, adoption of tools and galvanized more efficient processes that actually demonstrate better success for patients and physicians. Taking a step back to look at the bigger health system, practices may never go back to their pre-pandemic ways due to this success – whether in efficiency, patient outcomes, physician workload or otherwise – revealing the lasting impact of COVID-19.

While the pandemic has significantly impacted the number of patients coming to the clinic, it has also spurred physician adoption of remote and telehealth treatment. These changes not only serve more people and provide more patient-centric care (e.g. allowing flexibility in scheduling, taking less time off work, filling out paperwork online at a person’s own convenience) but can also aid providers in maintaining a high level of care while streamlining processes and efficiency of their work. For example, telehealth systems can integrate patient records easily into a check-up and physicians can observe environmental factors of a patient’s health that they would not get in-office.

It is clear that COVID-19 is changing how medicine is practiced, such as what technology is being implemented, how patients are receiving care and figuring out adjusted treatment regimens that may be more successful. So, how will the pandemic permanently change medicine and the patient-provider relationship? How do providers feel about this time of transition and what will healthcare look like after the pandemic?

Telehealth has been an essential tool that has demonstrated its full value during this time. Physicians recognize the loss of revenue of not having patients coming into their practice, so they have used different telehealth tools to create a “virtual front door” to continue treating patients and keeping their business afloat.

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Can Telemedicine Options Be Affordable?

By Alexi Alizadeh, founder, Adviise.

Since the start of the COVID-19 pandemic, telemedicine visits have been able to provide an increasing number of patients with virtual access to quality care without requiring in-person appointments.

However, many patients are still reluctant to accept telemedicine as an option, due to fears concerning out of pocket costs. Let us go over how telemedicine companies charge patients and the different ways that it can be the more affordable option.

How Telemedicine Companies Charge You

Paying Cash Per Visit

Several telemedicine companies ask patients to pay cash for each visit, which allows uninsured patients quick and easy access to healthcare professionals. A 2017 study shows that the average cost of a telemedicine visit is $79, compared to $149 for the average doctor’s office visit.

Paying Through Insurance

Many telemedicine companies work ‘one on one’ with doctors, who bill your telemedicine visit to your health insurance, providing an even more affordable option for many patients. As telemedicine becomes increasingly more popular, health insurance plans are starting to offer coverage for telemedicine visits on a more widespread basis. Your insurance may even cover medication prescribed to you by a telemedicine provider.

How Telemedicine Saves You Money

Eliminates Transportation Costs

An important way that telemedicine is more affordable than in-person visits is that virtual appointments eliminate the cost of transportation. With telemedicine, you can enjoy access to quality care without paying for public transportation, ride-sharing, gas or parking costs. This can be especially beneficial for families living in rural areas and forced to travel long distances to meet with their provider in person.

Eliminates Childcare Costs

Another factor making telemedicine more affordable is the elimination of childcare costs associated with a parent’s ‘in office visit’. Parents can attend a 15-20 minute virtual doctor’s appointment in the comfort of their own home, without the worry and expense of hiring a sitter for their children, traveling the 2-3 hours to and from their appointment, sitting in the waiting room, and time meeting with the doctor. 

More Affordable Than In-Person Visits

Even paying out of pocket for telemedicine appointments, they are still more affordable than in-person visits. The cost of a telemedicine session is not only less out of pocket but results in lower co-pays if your coverage is through insurance. Cost sharing will vary based on your insurance plan, but by and large insurers compensate providers for telemedicine but at lower rates, which translates into lower patient co-pays too.

Numerous follow-up appointments can rack up costly co-pays and transportation costs for such a short visit. With a quick telemedicine appointment, you can continue receiving quality care at an affordable price, right at home or work.

Telemedicine platforms offer the more affordable healthcare option for both the insured and uninsured, while also eliminating the costs associated with physical visits. Be sure to check out platforms like Adviise to find out how your insurance can help cover telemedicine visits. It is the modern doctor’s house call.

Telehealth Services Soar In Popularity, Adoption During COVID-19 Pandemic

By Mike Braham, CEO, Trapollo

Mike Braham

As the number of COVID-19 cases increases and social distancing measures remain, telehealth is making an integral contribution to healthcare. You could even say it has become a lifesaver.

A great way to reduce coronavirus spread and promote social distancing, telehealth enables stable patients to stay home while communicating with healthcare providers and receiving virtual medical care. It includes everything from making online appointments to conducting primary care visits through video chat – and is being adopted with greater frequency than ever.

According to the Centers for Disease Control and Prevention (CDC), “leveraging telemedicine whenever possible is the best way to protect patients and staff from COVID-19.”

Clearly, telehealth is an important tool that helps protect healthcare professionals and patients alike during these times. Yet even before the recent surge, telehealth visits were changing healthcare relationships for the better.

A January 2019 study published in The American Journal of Managed Care found that telehealth visits provide numerous benefits, including convenience for both the patients and healthcare providers.

The study concluded that virtual visits rated high among most patients, with most saying they would recommend telehealth appointments to family and friends. Patients also said it saved them the time it would take to visit to and from an appointment. Most patients and physicians said communication wasn’t lost through virtual visits.

For healthcare professionals, video visits are more efficient than in-office appointments, allowing them to see more patients each day. Telehealth also gives practices the option to extend hours without staffing an office. And recently, it has allowed healthcare professionals quarantined because of COVID-19 to treat patients remotely.

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7 Innovative Technologies Making Healthcare More Productive and Efficient

By Amanda Jerelyn, health sciences tutor, Academist Help.

Almost all innovations are capable of making health maintenance cost-effective and efficient. It modifies the approach used by health professionals for delivering healthcare services. Secondly, it mostly uses applied science to develop a new kind of output and medication. Thirdly, it develops bright businesses exemplary.

According to expert analysis, the health sector has experienced exponential growth and has headed towards innovation at a high pace. It is vital to have a closer look at a few of the most exciting healthcare innovations that engineers and scientists have managed to come up within these years.

Customer Observant

Modernization in the delivery of health management will lead to more productive, more active, and cheaper medicines for this time, which will continuously improve the healthcare system. For instance, less costly and accessible health services will encourage more individuals to engage in their healthcare. This can allow participants to take control of their intimate health management expenses or a lively program.

Importance of Technological Advancements

The goal of improved access to medication, cost-effective treatment, and less medical errors can be achieved with technological advancements. As an exemplification, infix sensors may allow patients to track their condition more efficiently. IT developments can connect numerous atoll of information to health management organization which can significantly improve decision making and timely delivery of care without any delays. Moreover, the probability of duplication of healthcare services also reduced, which results in cost savings for patients and their families.

The Strength Influencing Innovation

There are several players similar to the health indulgent industries, owning a purpose. Such barnstormers have the support and the ability to impact the policies. Hospitals often curse mechanization driven merchandise ground-breaker for the considerable amount of the healthcare department. American Medical Association (AMA) and the trial attorneys, formidable rivals on the problem of medical malpractice, have worked together on legislation to concede consumers who have been refused medication to sue managed care assurance policies. If innovators consider and seek to deal with the diverse desires of the different parties, they can see their attempts thwarted.

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The 5 Trends that are Shaping Healthcare in 2020

By Sachin Kalra, vice president, Infostretch

Sachin Kalra

From robotic surgery to telehealth, digital advances are driving innovation in all areas of healthcare, a trend that can be expected to accelerate during and after this era of pandemic-caused isolation.

We see dramatic changes in these areas: (1) Sensors and wearables; (2) Virtual Reality and Augmented Reality; (3), 3D printing; (4) AI driving analytics, automation, and robotics and; (5) The rise of chatbot. In fact, we are already experiencing the impact of the coronavirus isolation in some areas, such as telehealth and 3D printing.

On the grand scale, robots have been proven to be more precise than surgeons and AI can diagnose cancers with a success rate of 99%. In 2020 cost pressures –compounded by the coronavirus initiative- and regulatory change will act as the major catalysts for digital health treatments, which have a crucial role to play in delivering effective, fast, and cost-efficient patient care.

For instance, the pandemic isolation combined with digital health advances are  helping  shift care to be based around people’s homes.

Local care is not just more convenient and less stressful for patients, it also makes financial sense, when you consider the average hospital stay in the US is upwards of $10,000, totaling over $1 trillion annually in hospital services, and that 60 percent of all bankruptcies in the US are related to medical expenses.

The transformation of traditional value systems in healthcare will continue to accelerate as patients increasingly become better-informed health “consumers”. Thanks to digital, the “value pool” is shifting in this industry, resulting in cost savings for patients thanks to better system efficiency. 2020 will also see the introduction of standalone 5G, which will enable the adoption of an almost limitless number of applications involving AI, big data and the IoT. Many healthcare-related high-bandwidth projects will be set free by 5G’s connectivity, bringing therapies from within hospitals into the field.

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CARES Act for Healthcare Providers: Finding Financial Relief with Revenue Cycle Management and Telemedicine Services

By Susan Kohler, chief compliance officer, Greenway Health

Susan Kohler

The Coronavirus Aid, Relief, and Economic Security (CARES) Act, signed into law in March, has provided a lifeline for many businesses — including healthcare organizations. Amid the grim reality of medical equipment shortages and limited hospital beds, the CARES Act provides the healthcare industry much-needed relief.

Considering a significant number of practices are struggling to keep their doors open, and hospitals have experienced significant revenue loss from elective procedures being cancelled or postponed, the act has been pivotal in providing critical aid.

However, at over 800 pages, understanding the full impact of the act can be challenging. Below, I’m sharing how the CARES Act can benefit healthcare providers, as well as additional steps medical practices can take today to ensure the financial security of their organizations.

What You Need to Know About the PPP

By now, the Paycheck Protection Program (PPP) has been in place for a few weeks, and many healthcare practices with fewer than 500 employees have likely already submitted their applications. Whether you’ve already applied for the PPP or are weighing your options, here is some need-to-know information to consider.

At its core, the PPP gives businesses an incentive to keep their staff employed. Funds dispersed from this program can be used to cover up to eight weeks of payroll costs and other eligible expenses, such as rent, utilities and mortgage interest. This loan can provide practices with the necessary funds they need to keep their staff employed and continue serving their communities.

While the initial funding for the PPP from the CARES Act quickly ran out, another law passed in April 2020 provided another welcome injection of funding in the program.

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