Future Healthcare Today cultivates the latest news and trends in the health IT industry, with a particular focus on health it. This week we look at the latest surveys, studies and report that show the growth of the telemedicine market, which is predicted to grow significantly by 2020. A key driver to the growth is the increased use of wearable devices that are synching users more closely with health stats and preventative care. All of this and more is in this latest health it roundup:
Telemedicine Market Predictions
There is no doubt health it is a growing market. The Global Telemedicine Market – Growth, Trends & Forecasts (2015-2020) report, published by Mordor Intelligence, predicts the telemedicine market will soar past $30B by 2020. Rising healthcare costs and an aging population is boosting the growth. Yet despite the predicted growth, Valdic, a digital healthcare platform provider, surveyed more than 450 healthcare organizations and found more than half of healthcare organizations (59 percent) are either behind schedule with their digital health strategy or do not have a digital health strategy in place. The remaining 41 percent of healthcare organizations included in the survey report being on schedule with implementing a digital health strategy.
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Wearable Devices are a Game Changer in Telehealth
Much of the expected growth in telemedicine is due to the increasing use of wearable devices to track basic health statistics and healthcare providers and technologists are looking at meaningful ways to integrate that data into the clinical workflow, according to BCC Research analyst Andrew McWilliams. McWilliams adds, “The market for additional tools to analyze and report on patient-generated health data will likely push the remote care market to even greater heights.”
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Telehealth is Winning Over Patients
Trusting new digital platforms is the challenge for many ICT integration efforts. A recent study from TechnologyAdvice found 65 percent of individuals would be somewhat or very unlikely to choose a virtual appointment, and 75 percent would not trust, or would trust less, a diagnosis made via telemedicine.
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Telehealth Leaders Wanted
Critical to the success of optimizing health information technology integration within hospitals and health systems are knowledgeable and effective leaders in health informatics. A report from Burning Glass Technologies found job postings for health informatics positions remain open longer than the average job posting — 35 days versus 33 days, respectively. Additionally, higher-level health IT jobs like medical coding supervisors and health information managers tend to stay open 10 to 11 days longer than the national average.
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