Telemedicine and Remote Patient Monitoring Rely on Wireless, Business and Industry Trends Analysis

The Coronavirus pandemic of 2020 spurred exponential growth in telemedicine.  Suddenly, private insurers, Medicare and Medicaid agreed to pay roughly equal rates for telemedicine visits as for in-person appointments.  At Penn Medicine (the clinical and research arm of the University of Pennsylvania) in Philadelphia, for example, 9,000 health care providers were equipped to meet with patients by video or phone in March 2020.  The organization began averaging 5,000 telemedicine visits per day.  Meanwhile, Houston Methodist in the Texas Medical Center saw its average telemedicine visits grow from 44 per day before the pandemic to between 2,400 and 2,500 in mid-2020.…

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