‘eVisits’ save $5 billion globally this year–but are they more effective care?

Deloitte and Towers Watson obviously disagree on the savings from eVisits (Deloitte) and telemedicine (Towers Watson). Deloitte’s study of eVisits projects a global savings of $5 billion in 2014. Towers Watson is estimating $6 billion in 2015 from US employers alone if there is full employee utilization of telemedicine. Deloitte is also more transparent in its estimating, for example on the $50-60 billion total addressable market for eVisits in ‘developed countries’. This Editor doesn’t see a major difference in definitions between the two; Deloitte defines eVisits as video consults plus the forms, questionnaires and photos that have become part of telehealth, but not the vital signs monitoring part.. Perhaps our readers, looking at both more closely, can discern, or confirm that Towers Watson has too rosy a picture? Deloitte‘s ’21st Century Housecall’ study (short paper) is also worth a read for presenting facts/figures on the global addressable market and for a surprising conclusion–that the ‘greater good (in developing countries) may come from saving tens of millions of lives’. Hat tip to reader Mike Clark. Clinical Innovation + Technology summary.

‘Virtual care is much more effective than brick-and-mortar care.” (Editor’s emphasis) A bold statement that Microsoft and the writer from Intel fail to back up with facts. The focus of this ‘In Health’ article is preventing readmissions. There are the usual Panglossian pointers  (more…)

Telemedicine may save employers $6 billion per year, increase 68% (US)

Employers offering telemedicine projected to increase by 68 percent. Professional services advisory firm Towers Watson, in a survey of US employers with over 1,000 employees, has estimated that adoption of telemedicine by employees in benefit programs may save US companies up to $6 billion annually. This substantial number of course is projected on use by all employees and dependents. A reservation: it is $1 billion higher than the global eVisit savings cited by Deloitte‘s study. The definition of ‘telemedicine’ from the context of the TW release seems to be mainly virtual visits, (more…)