The popularity of telehealth continues to grow, providing healthcare services usually provided at the facility, according to an article on the Healthcare Construction + Operations website.
If this trend continues, hospital systems will no longer need new buildings to hold patients and provide services.
A Los Angeles-based market research firm, IBISWorld has said that the revenue for telehealth will increase drastically, by almost 40 percent a year, through 2020 to revenue of $3.5 billion.
“The industry has clearly hit a point where consumers are demanding it, employers see it as a cost savings, and insurers are more and more pushing it as a benefit. We think it’s going to grow tremendously,” said Ryan Daniels, analyst with William Blair & Co., in a statement.
The High Cost of Healthcare Violence
EVS Teams Can Improve Patient Experience in Emergency Departments
East Tennessee Children's Hospital to Become Dolly Parton Children's Hospital
The Future of the Global Hospital Hygiene Market
Rethinking Fire Safety Inspections