How Telemedicine Is Making Health More Financially Viable

During the pandemic, the ASPE tallies a growth in telehealth usage from less than 1% to as high as 80% in places where Covid numbers were vast.

There were 52.7 million telehealth visits in 2020 alone, compared to approximately 840,000 in 2019.

During the health crisis, many opted for telemedicine due to logistical factors. However, logistics and social distancing aren’t the only variables. Before the pandemic, nearly 1 in 4 Americans were reported skipping potentially needed medical care.

Average costs of healthcare

Investopedia claims that one reason for rising healthcare costs is government policy. In addition, they say providers have been able to increase prices due to the creation of programs such as Medicare and Medicaid

Inaccessibility of health insurance

This essential design of Medicaid has largely remained unchanged throughout its 25-year history despite criticism from all quarters. Recent incremental expansions in Medicaid through the Affordable Care Act (ACA) in 2019 were essential in increasing accessibility.

History of telemedicine While telemedicine reached the heights of popularity during the pandemic, the concept of delivering medical care via information technologies dates back more than a century.

With the invention of the telephone in 1876, the potential for live but remote care grew as a physician determined whether a baby had croup by listening to the baby cough through a phone receiver.

History of telemedicine

Telemedicine during the Covid-19 pandemic American telemedicine encounters increased by 766% in the first three months of the Covid-19 pandemic as doctors struggled to keep up with the surge of patients.

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