Find stats on top websites
Industry Landscape
The healthcare industry is experiencing significant transformation, driven by technological advancements like telehealth and AI, increasing demand for personalized care, and a growing focus on preventative health and mental well-being. Consolidation and digital integration are key trends. The industry is adapting to new delivery models and patient expectations, especially post-pandemic.
Total Assets Under Management (AUM)
Telehealth Market Size in United States
~30.4 billion USD (2023)
(24.4% CAGR)
- Rapid adoption post-pandemic.
- Driven by convenience and accessibility.
- Expanding service offerings.
Total Addressable Market
113.8 billion USD
Market Growth Stage
Pace of Market Growth
Emerging Technologies
AI-Powered Diagnostics and Personalization
AI and machine learning are revolutionizing diagnostics by providing faster and more accurate analysis of medical data, leading to highly personalized treatment plans.
Virtual Reality (VR) for Therapy and Training
VR offers immersive environments for mental health therapy (e.g., exposure therapy), pain management, and realistic training simulations for healthcare professionals.
Wearable Health Devices and Remote Monitoring
Advanced wearables collect real-time biometric data, enabling continuous remote patient monitoring, early detection of health issues, and proactive intervention.
Impactful Policy Frameworks
HHS Telehealth Policy Changes (2020-2023)
During and post-pandemic, the Department of Health and Human Services (HHS) significantly expanded telehealth flexibilities, including waiving certain HIPAA requirements, allowing reimbursement for a wider range of services, and expanding eligible originating sites for telehealth services.
These policies greatly ease the delivery of virtual healthcare services for Dr. Sarah Bren, making them more accessible and reimbursable, and increasing consumer access to care.
Information Blocking Rule (21st Century Cures Act, 2021)
This rule, part of the 21st Century Cures Act, prevents healthcare providers and health IT developers from intentionally interfering with access, exchange, or use of electronic health information (EHI).
The rule mandates greater transparency and interoperability of patient data, allowing Dr. Sarah Bren to more easily access and share patient information with other providers, improving coordinated care.
CMS Medicare Physician Fee Schedule Final Rule (2024)
The Centers for Medicare & Medicaid Services (CMS) annually updates its Physician Fee Schedule, which includes adjustments to reimbursement rates for various services, including telehealth, and introduces new codes for specific digital health services.
Changes in this rule directly affect Dr. Sarah Bren's reimbursement for services provided to Medicare patients, influencing the financial viability of certain service offerings.
Transform Your Ideas into Action in Minutes with WaxWing
Sign up now and unleash the power of AI for your business growth
