Chief Healthcare Executive February 25, 2021
Small healthcare businesses must manage remote and virtual care models with appropriate support, training, reimbursement, and incentive models.
The use of remote and virtual care (RVC) models has increased since the COVID-19 pandemic struck. But how has using such technology impacted small healthcare businesses?
Findings of a recent study suggest small physician practices cannot harness RVC developments and consider it incompatible with business survival during and after COVID-19.
“If small healthcare firms cannot compete with RVC (or synergistically integrate RVC platforms into their current business practices) and eventually become nonoperational, the resulting damage to traditional healthcare services may be severe, particularly for critical care delivery and other important services that RVC cannot effectively replace,” Madhavan Parthasarathy, M.D., Ph.D., and a...