One effect of the COVID-19 pandemic is the dramatic explosion in the use of telehealth for consultations between doctors and patients. A recent financial report suggests that going forward telehealth is here to stay, with up to $250 billion of the current spending on healthcare in the United States used for this new type of medicine. This represents around 20% of all Medicare, Medicaid and commercial spending on health. The report highlights that, last year, only 11% of patients were using telehealth. This number has grown to 76% of participants saying they are moderately or highly likely to use telehealth in the future. Doctors and health systems are also reporting that they are conducting 50 to 175 times the number of virtual visits compared to only a few months ago. There is little doubt that telehealth and virtual care services are having their moment in the spotlight.
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