Telehealth Investments Soar Even as Market Matures: Report

It’s currently telehealth’s day in the sun, Healthcare Dive reports. With a large portion of the world eschewing face-to-face contact in 2020 due to the COVID-19 pandemic, millions of patients flocked to telehealth for their care needs. Large companies such as Amazon also heavily invested in telehealth pilot programs for its employees.

Overall, global telehealth investments increased 169% from the second quarter of 2020, and were up 17% from the first quarter of 2021. The five largest deals were worth $1.6 billion, out of roughly $5 billion in total. Read more.

Total
0
Shares
Related Posts
Read More

Healthcare M&A at Near Record in Q1

“Although deal volume slowed by 5 percent compared with Q4 2021, private equity remains a dominant force in the industry as health systems are on the acquisition trail, expanding their presence across the continuum of care,” according to the report.