Telehealth
Teladoc Health reported $533.3 million in full year revenue for 2019, a 32 percent year-over-year increase, according to a Feb. 26 news release.
K Health, a startup offering patients an artificial intelligence-powered symptom checker and telehealth consultations with primary care physicians, raised $48 million from investors that included its partner Anthem, Crunchbase reports.
While telemedicine presents great potential to both expand patient access to care and reduce costs, it needs 5G to help boost its full capabilities, according to Bea Grause and Arthur Fougner.
As mobile and app-based interactions have transformed consumerism over the past five years, telehealth has experienced growth that has outpaced even Netflix's digital consumerism model, according to Joseph DeVeau, MD.
Catherine Jacobson, president and CEO of Milwaukee-based Froedtert Health, joined Teladoc Health's board of directors, according to a Feb. 25 news release.
Highmark West Virginia on Feb. 20 announced a new initiative to provide telemedicine-based treatment and services to members dealing with opioid and other addictions, according to News and Sentinel.
Minneapolis-based Children's Minnesota Health System will provide neonatal care delivered via telemedicine technology to six hospitals across Minnesota and Wisconsin, according to a Feb. 20 news release.
University of Alabama at Birmingham Health System physicians will begin treating patients with lung nodules via telemedicine this month as part of a new pilot program aimed at improving early detection and treatment of lung cancer.
By making home visits and helping patients use telehealth solutions, Danville, Pa.-based Geisinger is working to make sure patients stay connected to providers, according to The Daily Item.
The pediatric healthcare landscape is undergoing a period of significant transformation. Children's hospitals and other pediatric providers are becoming more strategic about how they're delivering care in response to declining Medicaid reimbursements and a heightened emphasis on patient convenience.
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