WELL Extends the Medical Waiting Room into the Home
WELL is extending the doctor’s waiting room into the homes of patients in various regions of the world by eliminating country borders and providing outstanding telehealth care. Highly specialized multi-lingual doctors, therapists, psychologists and other healthcare specialists are on call 24/7 to link up with patients across multiple channels and devices including mobile phones, desktops, and tablets.
Telehealth care is predicted to “reach USD 113.1 billion [worldwide] by 2025.” Enhanced virtual medicine, internet, and the increasing “demand for [healthcare] centralization… are expected to save on… [costs,] one of the critical success factors attributing for the growth of telemedicine market.”
WELL’s pioneering strides into virtual medicine with their extensive and highly qualified medical teams and partners, many of whom are engaged in the WELL social mission, and are systematically creating telemedicine without borders. This can greatly reduce the rates of hospitalization all over the globe and dramatically lower emergency room visits, thereby benefiting the medical establishment as a whole, and increasing market growth.
At the present time, chronic diseases are becoming more commonplace and there is an ever increasing demand for self-care. Further, remote monitoring of countless patients with mental health difficulties such as clinical depression, bipolar disorder or Alzheimer’s, is likely to become the norm. Medics are increasingly likely to conduct telehealth visits via video chat and telephone, and in the case of WELL, have the capacity to provide remote diagnosis, drug management, and prescription verification. In the US, statistics show that close to 66% of respondents ( 72% of which age from 45–54 years old) say they are “willing to see a doctor over video for consultation.” Moreover: “Statistics indicate that the number of telehealth patients will escalate to approximately seven million by 2018.”
Doctors and practitioners who work within telemedicine have various forms of technology at their disposal, and cutting-edge state of the art devices are continually coming into the market. Biosensors, personal monitors, and bright flashing dashboard icons allow them to monitor their patients’ health and quickly determine whether their measurements are within baselines.
Real-time monitoring of patients in need enables medics to determine if urgent medical assistance is required and when emergency services need to be notified. This and other types of services, along with reminders and checks to ensure that a patient’s’ medication has been taken at the prescribed time, can be very reassuring to the participants’ families who often live and work a long way from their loved one’s home.
Key findings in the 2017 Telemedicine Market Size & Trend Analysis study indicate that: “Connectivity & network [two of the major aspects that WELL is focusing on], is anticipated to be the fastest growing product segment of this market over the [2014–2025] forecast period.” Moreover: “Increasing demand of automation and synchronization across the system is anticipated to be the vital drive for the market growth.” Team members at WELL have a strong background in these fields, and their expertise is second to none. To that end, extending the doctor’s waiting room into the homes of patients, wherever they may be, is becoming a much needed reality.