Healthcare Is Slowly Moving Out Of Hospitals & Into Homes

The Covid-19 coronavirus pandemic has reshaped society’s understanding of ideal healthcare delivery. During the height of the pandemic and amidst sweeping social isolation measures, billions of people worldwide stayed inside their homes. For many, this transformed daily life in numerous ways— ranging from the way people shopped, to how they worked and interacted with others. One of the most significant effects of this phenomenon, however, was the newfound approach many took towards healthcare: one which emphasized patient convenience above all else.

This phenomenon has quickly given rise to innovations in telehealth and virtual care, with companies such as Teladoc and Amwell seeing massive interest and investment to grow their virtual healthcare services. In fact, a recent study by the U.S. Department of Health and Human Services (HHS) found that there was a “63-Fold Increase in Medicare Telehealth Utilization During the Pandemic.”

Although there are significant challenges yet to be overcome with these virtual care modalities, the growth in this sector has been promising. As larger industry players and insurers are trying to pivot their existing healthcare offerings increasingly into the telehealth space, more communities and patients will have access to remote healthcare services.