Maybe a small taste of things to come.. A different example of Telehealth partnering to bring the Population an at home stethoscope for $149 Purchase. We of course know this is already out dated technology as ResApp is more accurate and requires no additional hardware. But something to keep in mind with how quickly a telehealth partnership can open the door to millions of users in an instant..And make no mistakes that they are there knocking on the door… the below is only in regards to one telehealth company in the US.
Doctor On Demand, CliniCloud partner to bring tools of the doctors office to the comfort of patients homes.
“Today Doctor On Demand, the leading video telemedicine provider, announced a first-of-a-kind partnership with health-tech company CliniCloud that enables consumers to share their vital signs remotely in real-time during video doctor visits.”
“Patients can record and then forward to their doctors their temperature and heart and lung sounds, allowing doctors to listen for lung findings associated with pneumonia and asthma,”
Sounds great right? But now imagine removing the $149 Purchase and being able to do this more accurately with no additional hardware and you start seeing the potential of “ResApp”..
“45 Million Now Have Access To Virtual Doctor Visits Through Company’s Network” (Jan 2016)
“The company has experienced tremendous customer growth in 2015. Four of the Fortune 10 and many industry-leading companies, such as American Airlines and Lennox International, have signed up with Doctor On Demand in the last year.”
“71 percent of employers plan to give their employees access to telemedicine in the next three years, which would represent a more than tripling from the 22 percent of employers who offer telemedicine today. According to the health care consultancy IHS, the telemedicine market is expected to swell to $4.5B by 2018.”
Now on a side note, remember the emphasis by ResApp to mention the monitoring of Chronic disorders such as Asthma and COPD? This is not something new.. Look back at the press in Feb 2015… Well the same Telehealth company as above has last month done the below deal.. look at some of the figures regarding employer costs of some chronic conditions..
Doctor On Demand, Allergy & Asthma Network Team Up To Make Treating Asthma and Allergies Easier for Millions
“More than seven percent of Americans have asthma, with 24 million people reporting symptoms in 2014.1 This adds up to 14.2 million missed work days and 13.8 million missed school days per year. For companies, this means $56 billion in health care costs and lost productivity”
"Telemedicine is playing an increasingly important role in asthma education and respiratory care,”
Elaborating on the Presso some figures of the cost to Australian Hospitals dealing with chronic conditions.
“The average cost of a single hospital admission for heart failure or chronic obstructive pulmonary disease (COPB) without any other complications is around $5,500”
“in 2013–14, 48% (285,000) of potentially avoidable hospitalisations were for chronic conditions[9]”
“The Government will provide $21.3 million over four years from 2015‑16 to trial the Health Care Homes model of coordinated primary health care, which was recommended by the Primary Health Care Advisory Group's Report — Better Outcomes for People with Chronic and Complex Health Conditions.”
If you have made it to the end of this Post then well done and enjoy watching the future change before your eyes
RAP Price at posting:
23.0¢ Sentiment: Buy Disclosure: Held
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