Healthcare Business Review Weekly Brief
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The healthcare industry is undergoing a paradigm shift, with virtual medicine here to replace conventional medical services. In the face of rising cases of chronic conditions, increasing healthcare costs, and social determinants of health, virtual care improves the quality of healthcare services by placing patients at the center and providing ongoing access, personalized care, and engagement.
According to a report by marketsandmarkets.com, the global telehealth market was valued at $87.2 billion in 2022 and is poised to reach $285.7 billion by 2027, registering a CAGR of 26.6 percent between 2022 – 2027. This unprecedented growth can be attributed to the growing geriatric and medically underserved populations, advancements in telecommunications, and the benefits of telehealth, given the current shortage of physicians and care personnel.
Although the healthcare industry has been relatively slower in leveraging digital technologies, the excessive burden placed by the pandemic has expedited the adoption of a digital-first approach. To meet the rising demands for healthcare services, organizations are now leveraging AI-powered technologies to provide automated interactions with patients during critical times. AI-based healthcare chatbots, when integrated with medical information like symptoms, medications, treatments, and conditions, can help save crucial time.
This edition of Healthcare Business Review delivers a bird’s-eye view of the recent developments in the virtual care arena and insights into how organizations are aligning with these trends and adopting new ways to transform legacy practices.
We have curated thought leadership articles from industry experts, including the Virtual Services Director at Saint Francis Health System and the Vice President of Virtual Care at Renown Health.
We also took a deep dive into the market trends to narrow down the list of companies delivering innovative virtual care services and solutions. Equipped with innovative technological capabilities, companies like My Virtual Physician and One to One Health help transform businesses at the cloverleaf of various disruptive technologies.
We hope this edition of Healthcare Business Review’s virtual care service and solution providers helps you build the partnership you and your organization need to foster an environment driven by efficient technology.
Let us know your thoughts!
Usually, the qualified subscribers of our magazine nominate companies with whom they have collaborated and experienced exceptional results to be in this list. Did a company you recently worked with give you stellar results and ROI? Did it turn out to be one you would wholeheartedly recommend to peers? Or do you know of such an outstanding company through your network? Please fill in the details below and nominate them to be featured here.
My Virtual Physician provides a dedicated virtual care resource that addresses healthcare problems by providing the best telemedicine services. Focused on making consultation easier than ever before, My virtual Physician completes all the procedures before the teleconsultation electronically
One to One Health is an integrated workforce healthcare provider, serving 170,000 patients nationwide, from 10 lives to 30,000. Its focus is to provide the nation’s most direct access to high-quality care, at the crossroads of personal, provider relationships and innovative technology.
Dr. Keith Helton, Founder and ChairmanAs an internal medicine and pediatrics physician with over 25 years of hands-on experience, I can say – hands-down – this is the most impactful resource I’ve ever seen in healthcare
Superior Health Medical transforms the future of medicine by offering continuity of quality primary care to remotely manage chronic conditions and wellness in urban and rural areas. Its medical services include compassionate mental health care, chronic medical management, sick visits, medically supervised weight loss, wellness visits, and urgent care.
AHICON’s objective is to provide healthcare professionals with innovative and user-friendly medical SaaS solutions that enable them to provide superior patient care. They hope to reinvent healthcare and build a new health system that is more efficient, effective, plus accessible to all by leveraging innovative technology
At AbleTo, they are tackling the most pressing issues in mental health: assuring access to care while maintaining high quality
Avel eCare was one of the earliest telemedicine care providers in the country to offer provider-to-provider telemedicine services. Avel physicians and clinicians have been providing superior virtual care to millions of patients in rural and disadvantaged locations across the United States since
Medebound HEALTH provides full-spectrum virtual care solutions, ranging from expert medical opinions and telemedicine to access to innovative drugs and global care on demand, to provide individuals with answers and outcomes regardless of their location or medical condition
Medva Healthcare Virtual Assistants are all verified healthcare experts in the Philippines, where English is the national language and is taught as the first language in schools
OpenLoop were able to grow their virtual services and focus on providing the finest in accessible adolescent care to their patients and their parents because of customizable la carte options
The wheel has a clear objective for the future: to assist physicians and the industry in providing better care to everybody. They think that increasing the effect of virtual care for more people will propel healthcare. And that vision is anchored in our fundamental mission: to transform healthcare by concentrating on professionals since they think that happy clinicians produce better patients
