Here are six things to know:
1. More than half — 56 percent — have adopted telemedicine in their organization. Of those who have not yet adopted telemedicine, 86 percent say it is a medium to high priority.
2. Of the adopters, 66 percent have telemedicine budgets of $250,000 or less, while 25 percent have budgets between $250,000 and $1 million. Nearly 75 percent of respondents expect their telemedicine budget to increase next year, and only 2 percent expect it to decrease.
3. Three-quarters of respondents believe telemedicine has the potential to transform the standard of behavioral healthcare, and about half believe it will transform neurology, primary care and cardiology; 70 percent believe it has already transformed care for stroke.
4. Mobile apps and outpatient care are the new frontier for telemedicine, according to the Sage Growth Partners report. Only 4 percent of executives use telemedicine for post-acute care, but 75 percent are interested in using a telemedicine solution there in the future.
5. Most respondents — 75 percent — see positive ROI within three years in the outpatient clinic setting. Less than half — 46 percent — believe there will be positive ROI for telemedicine in emergency cases in the ambulance during transport.
6. Although 70 percent of executives consider reliable connectivity to be a “must have,” nearly half — 46 percent — estimate that their current telemedicine solution fails at least 15 percent of the time. The vast majority — 92 percent — of executives responded that their top “must have” capability is the security of data and devices and HIPAA compliance.
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