Telemedicine Company Doctor On Demand Bets On Coronavirus Changes With Big Medicare Push

Historically, the use and reimbursement of telehealth services in Medicare Part B has been restricted to certain geographic and care delivery locations. That changed in mid-March. As the spread of COVID-19 forced shelter in place orders around the country and drastically limited physical locations for people to get healthcare services, the federal government, lifting longstanding restrictions and reimbursing telemedicine services at the same rates as in-person visits.

The company started as a virtual urgent care provider and has steadily grown the business of the past few years, entering into contracts with large employers and health insurers to offer services to their employees. Doctor on Demand employs more than 700 doctors and has expanded its clinical offerings to include primary care and behavioral health.

. “I think it’s fair to say that the advent of telehealth has been just completely accelerated, that it’s taken this crisis to push us to a new frontier, but there’s absolutely no going back.”Ferguson says he’s optimistic the telemedicine changes for Medicare Part B will continue into the future. “There's no guarantee because nobody has a crystal ball. But I think it's the sensible thing to do when you've got a large part of your population that is vulnerable,” Ferguson says.

SunshineAdviso1

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Companies ramping up at-home saliva tests for coronavirus are banking on 'endless' demandA handful of U.S. health care companies are banking on massive demand for coronavirus tests and an easing of federal rules as they prepare for a major production blitz. Dr Birx gave a few requirements for US Tests, that were not met by other countries. 1) The Test must have specificity, that is, be able to tell the difference between a Cold, the Flu and Covid19. 2) Have very low False Positive/Negative results. 3) Be easy to administer. Because there are 300 million residents in the US that have been traumatized into panic by the media and they'll want those tests. They'll probably be as easy to purchase as those home DNA kits. Should be free to every American.
Source: ABC - 🏆 471. / 51 Read more »