Summary
Grace Periods for Telemedicine After the Federal Public Health Emergency (PHE) for COVID-19
In this episode, Kristen McDermott Woodrum, Partner at McGuireWoods LLP, joins as our regular guest to discuss the grace periods for telemedicine after the ending of the federal Public Health Emergency (PHE) for COVID-19. According to Kristen, telemedicine flexibilities regarding the prescription of controlled medications have been extended through November 11th, 2023, allowing continuity of care and enabling practitioners and patients to establish relationships via telemedicine. The DEA has issued a temporary rule that implements the extension.
Telehealth Investments After the Collapse of Silicon Valley Bank
Kristen also sheds light on the diligence required for digital health investments due to the collapse of Silicon Valley Bank. There may be a drop in investment activity in the near term, but there is still plenty of need and interest in digital health solutions.
Continuity of Care and Breathing Room for Practitioners and Patients
With the extension of telemedicine flexibilities, practitioners and patients can breathe a little easier, knowing that they have the necessary time to establish important relationships. This continuity of care is vital to treatment success and overall patient wellness.
Staying Ahead of Digital Health Investment Trends
Kristen’s insight on the need for diligence in digital health investments is essential as the industry navigates the post-pandemic world. Staying ahead of trends and changes will be fundamental to investment success in the digital health sector.
Note: This is an AI generated transcript, not edited by a staff writer and is solely intended for educational purposes. If you have any questions/concerns, reach out to podcasts@beckershealthcare.com
This episode aired on 05/13/2023 and can be listened here.
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