If we go back to the time when television came over the air, all seven channels of it, and the fast-food banner was carried by White Castle, and healthcare was home delivered, doctors with MD plates would drive up to your home and conduct their examination right there.
As the adoption of telemedicine continues to grow dramatically, even as the healthcare and health insurance industries prepare for months of COVID-19 treatment and vaccination programs, the crossroads of the Internet of Medical Things (IoMT for patient monitoring and chronic care management) and the use of Artificial Intelligence (AI) are becoming more promising than ever.
In the face of tremendous sadness, uncertainty and loss, innovators are coming together to work as hard and fast as they can to address the challenges associated with the global pandemic. With the advent of vaccines, there is an end in sight.
While it is well documented that the level of care delivered by physicians and scientists in the United States is elite, the cost of that care is often devastating. The three trillion-dollar plus cost of healthcare in the US is unsustainable and is sinking businesses and families who struggle to pay for both insurance and care.
Since the beginning of the COVID pandemic, the healthcare industry has been put under immense pressure due to an increased demand for efficient and accurate healthcare. Amidst the pandemic, to meet these demands, the healthcare industry has turned towards the incorporation of telemedicine, with many connected devices and other telemedicine services slowly becoming more common.