Clinicians Believe Telehealth Will Make Up Majority of Future Patient Care, Report Finds

76% of patient-facing clinicians believe
telehealth will make up a majority of patient care in the near future, according to key findings from Hewlett Packard Enterprise’s (HPE) first-ever multi-country Future of Healthcare” Survey.  The new report not only found healthcare clinicians and IT Decision Makers (ITDMs) optimistic about the future of telehealth but 85% of ITDMs noted that IT modernization is now one of the driving forces behind infrastructure investment in what is likely a bid to meet future digital health demands.

Telehealth: Short-Term Fad or Key to Improving Access to Affordable Healthcare?

While telehealth offerings have always held great promise, prior to 2020, their success was sometimes hindered by provider hesitation to adopt the technology, consumer reluctance to using virtual care, and a reimbursement methodology that did not value the investments required by providers or the positive impact on patients. 

That all changed practically overnight when COVID-19 struck.

Use of telehealth spiked to more than 32% of office and outpatient visits by April 2020, thanks in part to a relaxation of certain telehealth regulations designed to enable the continuation of care and minimize the spread of the virus by reducing unnecessary office visits during the public health emergency (PHE). These changes, albeit temporary, enabled providers and practices to test-drive telehealth offerings – and they quickly discovered that these digital technologies allowed them to connect with their patients more effectively and proactively. Now, nearly two-thirds of physicians view telehealth more favorably than they did pre-COVID and hope to continue offering virtual care. 

The Top100 Digital Health Companies In 2021

The TOP100 digital health companies by The Medical Futurist, – an infographic to keep track of the digital health market altogether.

The global digital health market continues its boom: with spectacular growth, it could
reach $ 660bn by 2025. Investors have poured an unprecedented amount of money into healthcare in 2020, reaching a record-setting year for digital health. Corporate, venture and even government funding had grown as startups, companies and institutions entered this new era of digital adoption.

And, even if this adoption sometimes clashes with the lack of the cultural shift in healthcare, the change is irreversible: the prospects for the future are looking grand for digital health and all the fishes that are swimming in these waters. A plethora of health startups have risen and continued to rise.

In order to keep track of the changes and the market itself, The Medical Futurist team has decided to put the most important companies onto one giant infographic: these are the TOP100 digital health companies in 2021.

Hospital of future: 4 steps towards sustainability

Hospitals need to undergo major transformation to address today’s healthcare needs. How can we achieve more sustainable and patient-focused care?

Hospitals for the sick have existed for centuries; places of refuge and healing that developed to become pillars of their local community. However, in today’s changing healthcare landscape, they are, in many ways, no longer sustainable and not ideally designed to address some of today’s most urgent healthcare needs.1

Factors influencing the changing role of the hospital

  • Increasing prevalence and economic burden of chronic diseases:
    Chronic diseases, or noncommunicable diseases, are collectively responsible for almost 70% of all deaths worldwide.2 According to the World Economic Forum, the cost of treating five leading chronic diseases – cancer, diabetes, mental illness, heart disease, and respiratory disease – could reach $47 trillion over the next 20 years.3  The overwhelming burden of patients with noncommunicable diseases in no longer feasible to manage in hospitals.4
  • Scientific and technological achievements: 
    Due to the advancement of medical knowledge, coupled to the rapid development of technologies, patients are now provided with alternative care pathways. Health conditions that used to require lengthy hospital stays can now be treated on an outpatient basis, or with a much shorter stay in the hospital.5  By necessity, hospitals are moving from being solely centers of inpatient treatment towards diagnostic and treatment services,5 and need to continue to find novel ways to add value.
  • Advancement of personalized healthcare: 
    The increase in available data, testing capabilities and technologies mean that the age of personalized healthcare is arriving. Prevailing business models need to be rethought to identify new growth fields, such as digital products and services, that are tailored to patient-centered health information.6
  • Shifting from fee-for-service (FFS) to value-based care (VBC): 
    Healthcare delivery systems are increasingly adopting VBC over the traditional FFS model as a means to improve inefficiencies and patient outcomes. This shift to reward providers for helping patients to live healthier lives in an evidence based way promotes preventive healthcare over reactive, or “sick” care.7