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Telehealth Could Deliver Over $6B in Healthcare Savings Yearly

Telehealth_lgThe global adoption of telehealth technologies will potentially allow governments to make substantial savings on healthcare, while delivering important medical services to both rural and under-served communities, according to business intelligence provider GBI Research.

The company’s latest report* states that the telehealth market is being driven by the accelerated development of mobile technology and applications, a greater need for cost-effective healthcare, rising populations, and increased government funding.

Rishikesh Mandilwar and Rodrigo Gutierrez Gamboa, Managing Analysts at GBI Research and co-authors of the report, state that telehealth is defined as the delivery of healthcare or information at a distance via technology, and includes services such as assessment, monitoring, communications, disease prevention, and education. The Insurance Journal estimates that it could potentially deliver over $6 billion a year in healthcare savings in the US if the technology is widely adopted.

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