Healthcare DIVE March 29, 2017
Dive Brief:
- Telehealth services are associated with annual per-facility savings of $5,718 in travel expenses and $3,431 in lost wages for patients, as well as cost savings of $20,841 for hospitals, according to an analysis from the NTCA – The Rural Broadband Association.
- Telehealth also increases annual revenues for local labs by around $30,000 for certain procedures and for local pharmacies by around $4,000 for each prescription depending on drugs prescribed.
- Nonquantifiable benefits to telehealth identified in the report include access to specialists, timeliness, comfort, transportation, provider benefits and improved outcomes.
Dive Insight:
Discussion of the potential benefits to telehealth has been ongoing, but the report from the Rural Broadband Association attempts to calculate the value of some...