The United States has some of the best healthcare technology found worldwide. A comprehensive first-of-its-kind study which
Question:
The United States has some of the best healthcare technology found worldwide. A comprehensive first-of-its-kind study which ranked 31 national health care systems on quality, choice, science & technology, and fiscal sustainability was held by the Foundation for Research on Equal Opportunity (FREOPP) in 2020, ranked the United States 1st in Science and Technology (Roy, 2020).
The 1st place ranking of the US Healthcare technology is a a result of some of the best medical facilities, cutting edge advances, and revolutionary treatments.
An emerging technology with the past decade that has impacted the way the US healthcare system deliveries care is the advancement in Virtual Health technology and services.
Virtual health technology includes tele-health, digital therapeutics, digital pharmacy management, and remote patient monitoring. The stakeholders that benefit from virtual health technology are the patients who are able to receive convenient and timely access to healthcare providers. Along with improved access to healthcare providers, other potential benefits of from advances in virtual health technology can be seen in the form of changes in primary, speciality care, diagnostics, and monitoring.
Virtual health technology has the potential to transform the cost of healthcare delivery. The creation of hybrid models of healthcare delivery that combine in-person healthcare as well as using telehealth monitoring that re-create the "hospital-at-home" is estimated to shift $250 billion in outpatient spending to virtual settings (McKinsey & Company, 2022).
A recent study shows the by fully implementing virtual health opportunities within the US healthcare system has the potential to improve clinical quality nationwide by 20%, increase access to care by 20%, and reduce health care spending by 15% to 20% (Pearl & Wayling, 2022).