Electronic communication has influentially penetrated in healthcare and has a great impact on patient care. It has incredibly changed the way of patient-provider communication, especially telemedicine. In a recent report by WinterGreen Research, Inc., a market research firm based in Lexington, Mass., it is predicted that the market for telemedicine software and devices will increase from $736 million in 2011 to $2.5 billion in 2018, and the numbers seem to be progressing as expected.
The Rise of Telemedicine
This care transition has made medicine available to regions which are void of adequate healthcare infrastructure. Telemedicine employs a multitude of modern technologies to transmit information via audio, video, text, or images that ultimately leads to better healthcare. Patients can connect with healthcare specialists halfway around the globe, email MRI scans, or arrange a video conference for diagnosis. All that’s needed is an internet connection. Interestingly, it is now even possible to distantly monitor the glucose levels or blood pressure of a clinic’s patients through a computer screen. Telehealth has raised the horizons for regions without adequate healthcare infrastructure. It helps under-staffed clinics and undertrained practitioners deliver effective medical care through expert assistance.
Benefits of Telemedicine for Healthcare Providers
The benefits are not limited. They extend from patients to caregivers, financiers, and various other aspects related to treatment procedures. There is a drastic cost reduction. Telemedicine offers cost savings as travel expenses (that usually amount on the higher side) are immensely reduced. Additionally, it provides a second line of training to junior physicians almost free of cost.
The Global Expansion of Telemedicine
The global telemedicine market is expanding at an exponential rate. Geographic analysis of telehealth-oriented developments shows major influences in some areas of the world. A number of factors spur the growth of telemedicine and other related e-health services to ensure better quality patient engagement software services across the globe. Masses are becoming more aware of healthcare conditions and demand high-quality care, medication, and attention.
Role of EMR in Telemedicine’s Growth
Telehealth relies on the information available on healthcare networks provided by EMR infrastructures that are incorporated into global health measures. This healthcare information exchange is in its early years on international boundaries and is sure to capture a larger market in the coming years.
Lifecycle Health’s Commitment to Telehealth
LifeCycle Health has taken the initiative of telehealth seriously and encourages extensive participation, making quality healthcare more approachable. We have accepted this concept of care transition and promote value care and bundled payment models to quench this desire for lower healthcare costs.
