Many Americans have postponed basic health care during the COVID-19 pandemic, with 15% missing appointments to see specialists such as orthopedists, dermatologists and cardiologists. Type 2 diabetes, in particular, poses a significant risk for complications in those who acquire SARS-CoV-2.
Telehealth Should be Lasting Care Mode, Not a Temporary Measure
Telehealth skyrocketed early in the pandemic because the payment and regulatory barriers were removed temporarily to enable patients to stay safer at home. Although 30 states now have telemedicine parity laws in place, outdated Medicare rules could roll back provisions, jeopardizing telehealth access for seniors.
Evernorth Behavioral Health found that getting outpatient behavioral healthcare could reduce a person’s total cost of care by $1,107 to $3,109 over two years. For example, having timely access to mental healthcare can lead to fewer emergency department visits and inpatient hospitalizations, according to the study.
Health plans and health information exchanges (HIEs) are quickly becoming one of the most dynamic duos in the healthcare landscape. There’s new recognition today of the rewards of health plans and HIEs working together in the context of value-based care.
Why VC Innovation and Funding in Digital Health Need to Target Medicaid Populations
Admittedly, Medicaid is not the market most entrepreneurs think about when starting a company for the first time, which is why it is even more critical for VCs (venture capitalists) to support these initiatives.