Telehealth Revenue Could Hit $20B in Five Years, Analysts Say

A new report released by Bloomberg Intelligence predicted that the telehealth sector could bring in $20 billion in U.S. revenue by 2027.  

The Digital Reshaping the Health Care Ecosystem publication said that virtual care is set to “become a staple” of healthcare delivery, reports Mobi Health News.

“The COVID-19 pandemic has accelerated the adoption of telehealth by years, providing safe and convenient access to telehealth services,” said Duane Wright, senior research analyst at Bloomberg Intelligence.   

“With more major healthcare providers embracing telehealth services, our analysis finds annual revenue growth for top telehealth providers at 30%,” Wright said. Read more.

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