Telehealth and the Impact on Senior Healthcare

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Friday, 29 January 2016 19:50

Telehealth as a broad term means anything related to remote healthcare support and accessing health information. When connecting patients and providers, telehealth can improve outcomes and provide care at a more efficient cost. According to a study by the Center for Technology and Aging at the University of California, for every $1 invested in remote health monitoring, up to $1.30 was saved in the first year alone.

The Affordable Care Act has worked to encourage a new approach for care providers to not only treat patients effectively but also to prevent condition relapses and readmissions, particularly among the senior population. The United States, with one of the fastest-growing senior populations, offers one of the biggest opportunities for the telehealth market and the development of digital health tools for seniors.

Benefits of Telehealth in the Senior Market:

With an increasing number of seniors going online, institutions have begun to see how telehealth technologies can provide a more convenient and beneficial option for senior health services. Here are some of the many benefits of telehealth technologies for seniors:

Applications of Telehealth in the Senior Market:

According to a report from medical market research publisher Kaloroma Information, the worldwide telemedicine patient-monitoring market grew from $4.2 billion in 2007 to more than $10 billion in 2012. In addition, information and analytics firm IHS says that telehealth revenue in the U.S. will grow from $240 million in 2013 to $1.9 billion by 2018. While many applications for telehealth exist, some of the ways institutions are using telemedicine for caring for seniors today include:

Obstacles and Opportunities for Growth:

Some of the limiting factors, as well as opportunities for the expansion of telehealth, include:

As the aging population continues to grow, telemedicine and telehealth technology can help seniors live more independent lives while keeping costs down and improving efficiencies, without sacrificing the level of care. As telehealth becomes more accepted and widely used for routine monitoring, self-care, and decision-support, these technologies will not only become more acceptable among the senior population, but they will become more integrated with global care.