U.S. Telehealth Market Size to Reach Revenues around USD 43 Billion by 2026 - Arizton

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Key Offerings:

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U.S. Telehealth Market – Segmentation

U.S. Telehealth Market by Modality

U.S. Telehealth Market by Component

U.S. Telehealth Market by Application

U.S. Telehealth Market by Delivery Mode

U.S. Telehealth Market by End-user

U.S. Telehealth Market – Dynamics

Recognizing the significant benefits of telehealth services, the Centers for Medicare & Medicaid Services (CMS) has expanded the reimbursement options for telehealth services. As the country's single largest healthcare payor, the CMS' policies on telehealth reimbursement are likely to go a long way in setting the standards across all types of healthcare facilities in the US. Identifying the benefits of remote patient monitoring (RPM), CMS has been offering reimbursement for RPM services since 2018. Such initiatives are expected to strengthen popular Medicare private health insurance plans, expand telehealth access for patients, and improve coordination among all the healthcare channel participants. In 2019, the CMS further finalized policies that increased plan choices and benefits, including enabling Medicare Advantage plans to avail additional telehealth benefits. The extended CMS policy represents a historic step in bringing innovative technology such as RPM to Medicare beneficiaries. This is likely to propel the future growth of the telehealth market in the US.

Key Drivers and Trends fueling Market Growth:

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