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@ShahidNShah
When we first started covering the explosion of telehealth thanks to COVID, we saw an explosion of live video telehealth companies. They were obviously filling the need for doctors and patients to both stay at home. Then, we started to see a lot of talk about various remote patient monitoring companies. We also were seeing a fair bit of talk around specialty live video telehealth from the hospital. We also started hearing about virtual sitters and virtual rounding. What we quickly realized is that there’s no one telehealth market. Instead, it consists of a wide variety of different telehealth areas and focus.
As we sit here today, healthcare organizations have a huge opportunity to leverage telehealth, but they’re no doubt overwhelmed by all the various telehealth solutions out there. Plus, much like we experience in the world of EHR, hospitals and health systems really wanted an enterprise solution and not dozens of point solutions. This was a big time lesson learned from when hospitals started implementing best of breed in their lab, pharmacy, clinicals, etc and then decided that integrated was much easier to manage. It seems like many are looking to apply this to telehealth.
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