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Hospitals Reaping Financial Benefits of Telehealth



As legislators create state laws requiring payers to reimburse providers for telemedicine services, hospitals are viewing the move toward coordinated teleheath networks as a cost cutter and a competitive advantage.



3 comments on "Hospitals Reaping Financial Benefits of Telehealth"
Nirav Desai (8/30/2012 at 2:22 PM)

Just a few points worth adding: 1. Telehealth consults can actualy be better than face-to-face consults in some instances. For example, if a patient suffers from breathing problems and lives in a home with poor air quality, it is easier for a doctor to see how the patient's breathing is affected in his own home then to have the patient come in to the relatively clean environment of the office. 2. For-profit hospitals and health systems see telehealth as a significant advantage in increasing their competitiveness for getting new patients. Despite reimbursement challenges, I believe competition will drive telehealth adoption even more than patient outcomes. Hospitals are already feeling the pressure to increase profits, cut costs, and provide better quality care - and telehealth affords them the ability to leverage their resources to accomplish this.
Ruth P (7/20/2012 at 12:03 PM)

I am excited to see Georgia as a major player in the telehealth industry!
Mike Zingalis (7/19/2012 at 11:11 AM)

I've seen this in action, and it a great tool that will only expand. When you look at the mobile phone alone, and the computing power that it has....you are going to see the next wave here. For the web, many companies like Digital Group of Telehealth Companies already have the standardized software portal for hospitals and applications ready to go. Also, in the CMS space there are companies that I've consulted for, like Oxcyon, that put interfaces on top of the existing platform to allow design changes and data display changes through the site. Not only that, but through the content management system the hospital could have a multi-tier portal for the hospital, intranet, client services, and more. The information regarding prices for speicific tasks within the medical industry will only become more available, and luxury is lazyness and affordability...so to think that people would want to come into a hospital repeatedly to be charged heavy sums vs. making a phone call at a fraction of the cost is an unrealistic perspective at best. That's my two cents. Anyone got change for a buck?