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.
Kaiser Permanente and Intermountain were some of the earliest adopters of telemedicine and have been using virtual methods to improve health outcomes, lower medical cost and free up bed space. In a May 2022 Harvard Business Review article, Robert Pearl…
National telehealth use among individuals with private health insurance grew 10.2 percent from December to January, up from 4.9 percent of all medical claim lines to 5.4 percent, according to an April 6 Fair Health report.