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US domestic healthcare is evolving right into a big market for US health structures and hospitals. The US home healthcare market is projected to grow about 7% yearly from $103 billion in 2018 to $173 billion by using 2026 – outpacing growth in all different care sorts, which includes health facility care (+5.Three% yearly) and physician offerings (+5.6% annually) – and vendors ought to figure out how to tap into the burgeoning area.
US fitness systems and hospitals are turning to telehealth as a device to extend care into sufferers’ houses to improve consequences, reduce costs, and tap into the house healthcare possibility. Telehealth – inclusive of video doctor visits and far-flung patient monitoring tech – extends the attain of physicians, enables a consistent relationship between patients and caregivers, and offers vendors a continuous movement of actual-time fitness records.
The US Home Healthcare Report from Business Insider Intelligence sizes the USA home healthcare market and identifies the industry tendencies fueling the rise in domestic-primarily based care. We highlight how providers are the usage of telehealth to supply high-quality remote care, and detail different investments vendors are making to prepare for the destiny of domestic healthcare. We additionally analyze a case examine of a successful home healthcare version, laying out best practices that businesses can adopt to reduce admissions and healthcare fees via domestic healthcare.
The organizations cited on this report are: American Well, Best Buy, CarePredict, CVS Health, Emerald, Epic Geisinger, GreatCall, InTouch Health, Johns Hopkins Medicine, Medically Home, NewYork-Presbyterian Hospital, Philips SnapMD, Teladoc, University of Pittsburgh Medical Center
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