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Trilliant published a chart showing 59% drop in telemedicine sessions from April 2020 to April 2022.
Couple this with the yawn from wall street for telemed stocks and we have the best outcome yet for telemedicine.
Why do I feel this is the best outcome for telemedicine?
Cos we are getting out of the hype zone where telemedicine is panacea for everything.
The initial euphoria is over and now rational, smart practitioners are getting down to business of using technology in the right way.
One of the best indications that if we remove all the noise, the business of healthcare is still very logical is the OIG report published this month.
The report evaluating use and oversight on telemedicine identified 1,714 providers out of approximately 742,000 whose billing for telehealth services poses a high risk to Medicare.
This is just 0.2% of the entire provider pop! And they are not distributed in so many different practices either!
Now that the hype is over, oversight is getting setup, we can get down to the serious business of using telemedicine wrapped up in strong clinical protocols and behavior drivers to deliver real outcomes at lower cost.