Virtual Healthcare has dramatically expanded over the past year during Covid-19, but the technology has been around for over a decade. While the pandemic forced the expansion of virtual care, it will now continue to remain and become a major method of healthcare for the future. Many patients prefer virtual care for a variety of reasons, and in many cases, it is a more cost effective and lucrative source of income for healthcare providers. For those organizations who have not provided virtual care, or only limited telemedicine services during the recent pandemic, the investment in expanding virtual care and remote medicine will be a necessity they can no longer avoid.
Virtual healthcare is a professional collaboration linking physicians, patients, and healthcare practitioners to deliver health services, promote patient self-management, organize treatment, and remotely monitor patients using a variety of tools including telemedicine and telehealth, remote monitoring applications and tools, and even hospital at home treatments. Simply put, it is a way for doctors to provide conventional medical procedures for their patients using digital means.
For patients, virtual healthcare has become a preferred method of healthcare for a large portion of the population, especially for those with chronic medical conditions, seniors, those living in rural areas, and those with mental health conditions. The convenience of no travel, no time off work, and the ability to now shop around for remote care to incur savings are all appealing.
Healthcare systems must make the transition to upscale their digital healthcare tools, software, and applications to remain competitive in a market that is proving to be more and more competitive due to the growth of virtual healthcare and the changes in government transparency regulations. There is data coming out that shows that virtual healthcare and remote monitoring are reducing hospitalizations and rehospitalizations, reducing procedures and complications from procedures, improving daily activities, providing better patient and caregiver satisfaction, and resulting in lower costs and increased revenue for healthcare providers.
Those healthcare systems that have outsourced their telehealth services must consider providing virtual care with their own existing healthcare professionals to see true savings and remain competitive in this growing market. Healthcare consumers are becoming much more savvy at searching for affordable virtual care services and are no longer limited geographically, so providers must adapt and ensure that they are offering transparent rates and complete packages of remote services to ensure a competitive advantage.
Genesis Medical Management encourages all their clients to explore their options with expanding their virtual healthcare and remote medicine services and ensure their competitiveness. Create new opportunities for your organization to attract new service offerings by offering virtual specialty care consults across geographies traditionally covered by other providers. For more information on keeping your healthcare organization thriving, contact Genesis Medical Management.
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