Telehealth will play larger role even after pandemic recedes, Moody’s says

Becker's Healthcare October 28, 2020
Jackie Drees

With the convenience it offers to patients and the potential to decrease overhead costs for providers, telehealth is set to maintain a larger position in the U.S. healthcare system even after the COVID-19 pandemic ends, according to an October report from Moody’s Investors Service.

Five report insights:

1. Telehealth offers an opportunity to increase cost efficiency, so the net credit impact will likely be positive. However, the reimbursement landscape for telehealth is still uncertain.

2. Virtual care adoption accelerated during the pandemic after Medicare, Medicaid and private insurers expanded coverage and the government allowed providers to administer telehealth over platforms such as Zoom and FaceTime. Congress will need to make these changes to telehealth coverage in Medicare...

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