2014: The Year of Telehealth

Presentation for Jan. 22, 2014

IHS predicts that the U.S. telehealth market will grow to $1.9 billion in 2018 from $240 million today, an annual growth rate of 56 percent.

2014 – A Year of Growth2

A convergence of economic necessity, technology advances, and consumer empowerment have made 2014 the year for an explosion of Telehealth utilization.

Telehealth– Why 2014 is the Year

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What is Telehealth?

Delivery of health related services and information via telecommunication (i.e. the Internet and phone)

Expansion of “Telemedicine” and includes preventative care

Can include email to communicate with patients

Includes clinical and non-clinical applications (distance education, administrative uses)

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The Economics of Telehealth Insurers and employers are

increasingly willing to pay for Telehealth

Improve patient satisfaction – increase patient loyalty

Increases hospital referrals Reduces the re-admit rate Can save money by

avoiding costly emergency room visits

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Use Case – Intermountain Health

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Use Case –Best VIP Doctors7

Use case – Urgent Care/ EMR

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Use Case – Remote Patient Monitoring

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Use Case – Patient Trial Recruitment

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Advantages of Telehealth

Eases the shortage of primary-care doctors

Expands access to basic healthcare services in geographically remote areas

Expands access to basic healthcare services to certain demographics (economic and immigrant)

Reduces lost worker productivity time Leverages consumers rapid adoption of

technologies to improve their own health

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LiveTeleHealth recommends a more comprehensive, customer focused implementation of Telehealth to achieve maximum benefit.

Not the Same Old Telehealth

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Joe BigleyJoe@livetelehealth.com

Thank You