News-Medical.Net August 1, 2024
Remote healthcare delivery, commonly known as telehealth or telemedicine, is often beneficial for patients who have difficulty visiting their preferred healthcare providers in person. Use of the technology was rising steadily in the years leading up to the COVID-19 pandemic and it has now become commonplace.
In a recent paper, Zihan Ye, assistant professor of finance at the University of Tennessee, Knoxville, Haslam College of Business, and co-authors Kimberly Cornaggia (Penn State University) and Xuelin Li (Columbia Business School) investigated the financial effects of telemedicine. Their research reveals that the convenient service may have unexpected consequences on patients’ long-term access to acute care.
Redistribution of hospital operations and access to capital
Most remote healthcare delivery comes from urban hospitals, which...