Telehealth vs Pandemic: healthcare industry is growing fast
By: Alla Kovshova
Tags: Startup, Telehealth, Pandemic, Software Development, Telemedicine

In response to the COVID-19 pandemic, many healthcare providers have dramatically accelerated their use of telemedicine in the provision of patient care. Multiple industries have previously migrated to a more digital experience for their customers. The COVID-19 pandemic has served to be the incentive for the healthcare industry to significantly advance its digital experience and overcome the adoption barriers that previously existed.

Barriers such as physician resistance, insurance carrier reimbursement, and government regulation have been overcome rapidly. Now telemedicine and telemetry solutions have established themselves as a core component of the healthcare delivery system at a distance. It’s prudent for healthcare leaders to review their remote services strategy to enable telehealth technologies and virtual care.

Europe’s healthtech industry is growing fast — the last quarter brought in a near record amount of investment. There are 626 funded digital health companies active across Europe today, and 63% of them were founded in the past five years.

The number of startups has been growing steadily for the past decade, though figures for the past three years are lower due to the funding reporting lag, and because younger startups are less likely to have secured funding yet.

Within the broad healthtech sector, the area receiving the most investment is tech for health providers, including software that helps with daily workflows. Screening and diagnostics tools also secure a lot of the investment — including plenty of startups, like IDIS2GO, working on using AI during diagnostic decision processes.

Telehealth software

Telehealth offers a great opportunity to expand access due pandemic restrictions: insufficient physical access to care for patients in remote areas and with low medical coverage could be redressed.

Care in the next normal could be increasingly integrated around the patient through digital and analytics across patient-centered ecosystems. Thus, in the study “The great acceleration in healthcare: Six trends to heed” by McKinsey shows that virtual and outpatient care has more potential growth revenue through 2022.

Virtual and outpatient care has more potential growth revenue through 2022 — McKinsey

Today, more and more advanced tools for virtual care and treatment are appearing on the global market. For example, Show2Doc. It combines the capabilities of modern telehealth service delivery models — telemedicine and remote patients monitoring. It is a worldwide telehealth platform that provides remote patient monitoring, comfort doctor-patient interaction at a distance, treatment online, and continuous care at home and outpatient.

Telehealth solutions such as Show2Doc were the answer to most of the challenges faced by society during the COVID-19 pandemic:

keep in touch with the attending physician anywhere, with no visits to the clinic

reduce the risk of infection on the way to the clinic through remote consultations

transfer medical care into an online format, thus reducing the burden on medical facilities and staff

reduce the number of hospitalizations

prevent the deterioration of patients’ condition at home

digitize treatment history and store the patient electronic medical records, which are vital at critical times

it is an ideal tool for continuous monitoring of vital signs, especially for at-risk patients (older patients and those with chronic disease)

equal opportunities for medical care.

The platform covers most of the daily routine tasks of physicians, in particular:

prescribe medications

consultations with a patient

monitoring the fulfillment of prescriptions

tracking the vital signs of the patient and health dynamics

documenting.

Video call via Show2Doc

Patients list on Show2Doc

Main dashboard on Show2Doc

Reports on ShowDoc

The system provides a web-interface for medical staff and a native mobile application for patients. All data is stored and processed in the cloud, and the platform is ISO certified.

Show2Doc telehealth platform for doctors and patients

For the doctor — user-friendly intuitive web interface that allows providers to reach out to a wide audience of medical staff and care workers. All tools are crystal clear, The training and adaptation phase takes several days.

For the patient — a simple and convenient mobile application, which gathered the advantages of many tools that we face every day, using a smartphone: messenger, live video conference, task scheduler, calendar, and other.