HIT Consultant May 14, 2020
Last week saw Teladoc Health release its 1Q20 financial results giving the US telehealth industry a first glimpse of how COVID-19 is impacting the ambulatory virtual care market. Discussion around the crisis and its impact on telehealth has been rife since early March and the data published by Teladoc Health highlights that this was justified.
The company reported that the number of virtual care consults in the quarter had passed the 2 million mark, up approximately 60% from the 1.24M reported for 4Q19 and up nearly 90% on the 1.06M for the same period in 2019. Much of this growth had been seen over the period from the start to the end of March, with average daily consultations doubling...
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