We understand just how rapidly our industry is changing. But in order to provide the highest quality of care, and to ensure your organization’s sustained long-term success, you’ve always got to stay a step ahead.
It is critical that you know what’s happening when it comes to the latest technology being integrated into medical equipment and healthcare network infrastructure. You also need to be aware how businesses are shifting their operational strategies to become more agile in the emerging telehealth industry. Further, it is important to keep tabs on how our elected leaders in Washington D.C. are making strides to address the arrival of telemedicine.
In following the latest news, you’ll find yourself more informed and prepared to make sure that your organization continues to outpace the competition. With that said, enjoy the first installment of our news bulletin, designed to keep you up to date with the latest telehealth news in the headlines today.
Telehealth Providers Quick to Offer Relief to Hurricane Victims
When Hurricane Harvey struck Texas, it hit the state with the largest rainfalls on record. Shortly after, Hurricane Irma battered Florida and other southeastern states as one of the largest Atlantic hurricane to date. Though these storms were certainly catastrophic, relief efforts have already begun to bring out the best in humanity—with telehealth providers taking a key role.
Providers from across the country have been quick to act, offering free consultations to victims in need of care. With so many in need of help, and access to local support limited, telehealth applications are proving invaluable to getting people back on their feet.
Congress Takes Up Telehealth Legislation
Getting the two sides of Congress to agree on an issue can be quite a feat, but when it comes to access to telehealth, both sides of the aisle are offering bipartisan support on several pieces of telehealth legislation.
- Earlier this month, the House Ways and Means Committee unanimously passed H.R. 3726, making telehealth a core benefit in Medicare Advantage plans.
- This week, the House Energy and Commerce health subcommittee approved two bills; H.R. 1148 broadens telemedicine access for stroke patients, while H.R. 3120 eases Meaningful Use requirements for physicians, making it easier for them to adopt telehealth strategies.
- In May, the Senate Finance Committee passed the CHRONIC Care Act, expanding telehealth access to Medicare recipients with chronic diseases, while increasing incentives for beneficiaries to receive similar services.
New Market Report Indicates Current Telehealth Adoption is Just the Start
While adoption of telehealth services has been robust in recent years, the latest market report from Zion Market Research indicates that there is still plenty of room for the burgeoning telehealth industry to continue growing. Their report indicates that the market is expected to grow at a compound annual growth rate of 30.1 percent over a five year period starting in 2017.
So even if you weren’t one of the early adopters to make your way into the telehealth market, there is still a window of opportunity for you to get a leg up on your competition. Discover how your healthcare organization can establish a successful telehealth strategy today.