Telemedicine Electronic next five trends inventory
Telemedicine is an important part of the health care industry, value-based health care as a way to generate additional revenue, reduce costs and improve patient satisfaction. Over the past decade, health care is one of the biggest changes telemedicine is experiencing rapid growth, and has been widely used in many industries.
By promoting a strong economic, social and political forces, telemedicine is rapidly occupied the market, most notably, for cheaper and more accessible health care there is an increasing consumer demand. These forces are driving the growth of health care service providers to promote their business models to adapt to the new healthcare market.
At the same time we need to correct misconceptions that telemedicine had a tremendous financial pressure or rely heavily subsidized. Intelligent Health System provides for the establishment of sustainable telemedicine program guidance, revenue-generating, not only cost savings, while improving patient care and satisfaction. American Telemedicine Association study showed that telemedicine can save belongings for patients, providers and payers, compared with traditional health care practices, telemedicine prominent advantage is to reduce the patient to the hospital for treatment and the frequency of the time-consuming.
We expect the global telemedicine market in 2020 will be 14.3 percent compound annual growth rate of expansion, compared with $ 14.3 billion in 2014, eventually reached $ 36.2 billion. Although convenient, innovative and growing demand, personalized health care experience which is probably the biggest factor, but other forces also play a role.
These five trends will continue to grow in 2016 to promote the transformation of telemedicine and healthcare services:
1. enhance medical claims ratio
Although the total lack of medical claims is considered to be a major obstacle to the implementation of telemedicine, but the change is helping to drive the expansion of telemedicine. Taxpayers finally beginning to recognize that many medical institutions have been aware of telemedicine can save costs and improve patient satisfaction.
Private and government payers will continue to expand the coverage of telemedicine, as consumers continue to get the technology experience and the need for telemedicine services is increasing. Some health plans have begun to support the coverage of telemedicine, they think a kind of value-based health care, improve patient experience and provide substantial cost savings. On the Government side, 2016 will be particularly seen in more medical insurance and Medicare Advantage plan coverage of telemedicine services.
While reimbursement is a major obstacle to the implementation of telemedicine, but the new law on the development of telemedicine services have been started in a state, and in 2016 these laws will be implemented in those states. Similarly, suppliers are becoming more receptive to exploring payment models beyond the cost of the service reimbursement mechanisms, and in 2016 these programs will continue to grow. For example, according to the contract between the agency and the patient is willing to pay for these convenient and valuable service.
For private insurers, medical treatment of minors using virtual health problems to reduce the cost of increasingly strong appeal. For example, in January 2014, commercial insurance through Cigna has telemedicine enterprise MDLIVE, to provide remote medical expenses reimbursed. April 2015, UnitedHealthcare announced the expense of the employer customers will enjoy a virtual remote diagnosis as a value-added service in 2016 will cover more individuals and businesses. Future, UnitedHealth forecast, nearly 20 million members will have the opportunity to get its three partners telemedicine services.
Government health insurance, telemedicine in the past two decades has been widely used. Although Medicare currently covers only a medical patient to the remote rural areas, in 2016, the Government of the telemedicine program will expand rapidly. Veterans Administration recently expanded the scope of use of telemedicine to increase patient counseling services.
2. International Exchange rose
2016 more US hospitals and healthcare providers will be to establish contacts with overseas medical institutions, the spread of American healthcare expertise. These cross-border partnerships will provide more patients to help generate additional revenue, and help strengthen the international influence of the brand. According to the American Medical Association, more than 200 academic medical centers in the US already offer video-based consulting services in other parts of the world. While there are many but the pilot program, 2016 will see these programs mature and international commercialization of participants in these two countries because it is a win-win situation.
China, like many countries, the growing purchasing power of the middle class, is giving more patients with better treatment and opportunities to seek treatment from Western Medical Center. We have already noted the international telemedicine for-profit and non-profit model, and pay attention to the development of hospitals and organizations of the world, the expansion of health care for the convenience, or national wealth is concentrated in the field of health services to provide customers with business.
3. The state government take the lead
US state governments leading and exemplary role in the expansion of telemedicine. According to a research center on health policy, he said during the 2015 Legislative Session, 42 states have passed and implemented more than 200 remote health-related legislation. Currently, 29 states and the District of Columbia have enacted laws requiring medical programs cover telemedicine services. 2016, with respect to telemedicine-based services at the state legislature passed the bill, we will see more support for the bill of health insurance coverage.
While national legislators are leading telemedicine included health care system. Health care and Medicaid Services is considering expanding health insurance coverage, the US House of Representatives passed a bill that would help pay for doctors to provide telemedicine services charges, regardless of healthcare beneficiaries in any position.
4. The rise of retail clinics and telemedicine centers
A recent Towers Watson study found that more than 35 percent of the employer to provide medical facilities to provide telemedicine services, and another 12 percent plan to increase these services in the next two years. Other studies suggest that by 2017, nearly 70 percent of employers will provide telemedicine services, employees will benefit. Companies such as telemedicine across the country and now MDLIVE Teladoc listed company's development and growth, they provide medical services for the specific needs of employers and other groups, it is a reflection of demand for these services.
In addition, consumers are increasingly willing to retail medical clinics, and more for the convenience and benefits of telemedicine services, "generous" when the remote health care is not covered by their insurance plan when. Walgreens and CVS Health has publicly announced plans to telemedicine based service elements are combined and put them in place.
5. More medical institutions to use technology to improve service and reduce costs
2016 will be the Year of telemedicine and ACOs. As a result of healthcare agency responsible for (ACOs), the number of Medicare beneficiaries from last year to this year has been growing, the early indications are that the number of beneficiaries ACOS 2016 may continue to increase. These organizations telemedicine healthy development presents an ideal way.
Although CMS provides a common savings to pay in the form of a huge cost-cutting mode reward, only 27 percent of last year ACOS made enough savings to get these rewards. Meanwhile, according to a recent study, only 20 percent of ACOs use of telemedicine services. We believe that in 2016, in response to the needs of a wide range of incentive indicators, coupled with the low pass rate could result in telemedicine to be more widely used.