Fremont, CA: While 2020 has been a year of problems and uncertainty, it has also been a year of tremendous growth, with businesses swiftly pivoting and developing new technological solutions to growing healthcare concerns. As the pandemic increased the demand for and use of digital health technology, companies managing the disruption raised record-breaking fundraising rounds and witnessed unprecedented levels of M&A activity.
Uncertainty still lurks in 2021, but one thing is sure: technology will continue to alter the healthcare environment. In terms of the financial elements of care, users will see more providers embrace technology that relieves them of the administrative load connected with invoicing and payments. So let's see some predictions for the coming year.
Telehealth: not just a fad
This year, telehealth boomed as people sought treatment options while socially distancing themselves. Virtual care became a lifeline for healthcare institutions that had never before, or only infrequently, supplied it. It provided a method to reserve in-person treatment for the patients who required it the most, as well as a way for others to seek care from the comfort of their own homes.
For many healthcare providers who are currently struggling financially, 2021 will be a make-or-break year.