5 Advantages Of Telemed Solutions To Skyrocket The Revenue
Ever wondered how it would be possible to get diagnosed during the pandemic if there was no concept of telemedicine?
Telemedicine practice skyrocketed during the Covid era, but remote healthcare was on the rise even before that due to a growing elderly population in developing countries, an increase in diagnoses and volume of chronic illnesses, a shortage of medical personnel, and improved technology.
According to Grand View Research, the global telemedicine market will grow at a 22.4% CAGR between 2021 and 2028.
You can be a part of this growth too, by acquiring a telemed tool and incorporating the same with an EHR solution. Telemedicine is the future of healthcare. Today, over 75% of hospitals use video and other technology to connect with patients remotely.
This assists patients in dealing with the issue of 57.8% of physicians operating outside of the central region, causing them to travel long distances to access healthcare. In this blog, we’ll help you understand how telemedicine is shaping the future of the healthcare industry along with how you can implement the same into your practice.
Before we begin, let’s quickly walk you through what is a telemedicine service.
What is Telemedicine?
Telemedicine is a method of using technology to provide healthcare services such as diagnosis, treatment, and disease prevention from a distance.
Patients who use telemedicine services can get access to the clinic without being physically present. They can select a particular date and time as per their doctor’s schedule and book an appointment online.
When the appointment is booked, the patient is notified with the meeting link and any other information that is required. Each requirement differs from one hospital to another or from one clinic to the next.
While remote patient monitoring and videoconferencing are the most commonly used methods of consultation, other tools such as phone calls, emails, text or instant messaging apps, and even health portals can be used.
What's The Difference Between Telemedicine and Telehealth?
Although the terms are used interchangeably, there is a distinction between telemedicine and telehealth. While telemedicine refers to receiving clinical or medical care from a distance, telehealth is a broader term that encompasses all health services delivered via telecommunications technology.
There are a ton of myths out there concerning the practice of telemedicine in local clinics and hospitals. Here we’ve highlighted a few to make your understanding better.
- That it will limit access to care for the most vulnerable patients who may not be able to use digital services
- That paying providers for telemedicine services at the same rate as traditional services will encourage excessive use of telemedicine.
- That telemedicine is ineffective as a means of providing care.
Appealingly, after analyzing the data; none of them were true about the use of telemed solutions.
Not only those patients who we were thinking about did well with the changing dynamics but they got most benefited the most from telemedicine services
Doctors around the globe did not see worse outcomes, higher costs, or patients who needed more in-person follow-up. Of course, some challenges needed to be dealt with in the beginning but once acquainted with the service, there’s no going back.
We also found no evidence of overuse. This is good care, and it is fair to vulnerable populations. The doctors had a huge reach with a small team, extending care to patients in parts of the state where high-quality health services are scarce at best.
Patients do have some major concerns regarding the quality of care they’re going to receive. A common question pops out, “What if, we might not get the best care that we could get in person.”
According to research, doctors did not find any increase in negative outcomes. This doesn’t imply that telemedicine will completely replace in-person care, but it is clear that it can help people access care more consistently and comfortably, and that it is a highly effective complement to traditional care.
Now, let's study the numerous advantages of telemed solutions.
Advantages of Telemedicine Solutions
1. Helps to Target a Wider Audience
With the help of telemedicine services, you do not have any barrier to geography. You can easily target any particular area that you wish for. It makes it accessible for patients to get your consultation more easily and formally.
Also, telemedicine has played an important role in expanding the reach of basic healthcare services in developing countries.
This can also ease the pain of physically disabled people or elderly people by providing them instant access to healthcare services.
2. Increases The Time Efficiency
As the patients do not have to travel miles to reach the hospital or clinic, they can utilize this time for any other task.
However, with telemedicine, they can have more control over their work hours, improve efficiency, and better manage stress.
Similarly, the effort and time spent commuting to and from a healthcare facility can be used to engage patients in more rewarding and relaxing activities.
3. Saves Unnecessary Costs
The healthcare industry is close to a $3 trillion industry. But, even more shocking, up to 25% of that figure is avoidable. While a late diagnosis of certain diseases accounts for a significant portion of this, administrative costs also play a role.
However, telemedicine not only allows patients to receive accurate diagnoses faster, but it also allows hospitals to save money through digitization and data-informed decision-making.
There’s also the issue of clinics and hospitals being able to accommodate more patients due to the scalability and versatility of telemedicine, which helps generate more revenue.
4. Helps In Improving Patient Engagement
There’s a lot of hustle-bustle during in-person visits during rush hours. Patients also resist sharing much when there’s not enough space to open up and the doctor is in a hurry.
The lack of personalization is what causes that disruption to begin. Today’s consumers have almost nothing in common with those of 20 or 30 years ago. The modern consumer expects more and prefers a level of personalization in all interactions.
Telemed solutions enable patients to get that in a more convenient and personalized way by frequently connecting to their patients online.
These interactions will inevitably result in more comprehensive patient information and a stronger doctor-patient bond, laying the groundwork for increased patient engagement and satisfaction.
5. Helps in Providing Better Quality Of Care
With all of the talk about cutting costs and expanding access to healthcare, it’s easy to overlook the fact that telemedicine can also improve treatment quality. For example, it allows doctors and other staff to check in on patients regularly to ensure everything is fine.
Which is the Best Telemed Solution?
KiviCare is the best-telemed solution that not only provides the feasibility to connect with your respective doctor through your favorite medium but it is also a complete clinic management Solution tool that can provide a one-stop solution for your every problem.
It is a meticulously designed tool for healthcare professionals and doctors who want to start their practice. A complete clinic management solution that can be installed in under a minute.
KiviCare has developed a one-of-a-kind telemedicine system that is accessible to non-tech users.
You will receive a fully automated telemed integration. Your patient can book and join a video conference appointment from the appointment dashboard. Doctors can assign both the tools, i.e, Zoom telemed, and Google Meet telemed add-ons to provide a variety of solutions.
Know the pricing now, and start your journey today! Get an exciting free demo to get a hands-on experience.