A study of more than 40 million Americans with acute conditions showed that those who use telehealth are more likely to schedule an in-person follow up, go to the emergency room and ultimately become an in-patient admission.
Teladoc reported it will take a charge of $6.6 billion to write down the value of its acquisitions, reflecting the waning market value of its acquisition of chronic care company Livongo.
Permanent expansion of telehealth coverage could cost Medicare $25 billion over 10 years, even without increased use, according to a report released April 21 by the Committee for a Responsible Federal Budget.
Hospitals are expanding their telehealth platforms to improve health outcomes, lower medical costs, free up bed space and provide access to care to all patient communities.