Will the 21st Century Cures Act and the ECHO Act Cause a Major Adoption Increase in the Telehealth and Telemedicine Space?
The two pieces of legislation (The 21st Century Cures Act and The ECHO Act) outlined in my previous blogs are encouraging for the growth of telehealth and telemedicine in the long term. However, short term advancement in the adoption of telehealth and telemedicine, based solely on these two programs, is unrealistic. In many ways, the biggest impetus to adopt telehealth resources and solutions is already happening: the shift from volume-based to value-based care models by healthcare providers. Health systems, hospitals, and providers are realizing they MUST think beyond reimbursable transactions. It is essential to consider episodes of care, bundle payments, and population health to survive in today’s healthcare setting. Organizations will need to leverage the ability to improve quality and access to care amongst provider networks.