In general, insuarance companies are on everyones' mind when it comes to discuss Healthcare cost. These institutes have strategic position in terms of connecting the dots on either sides of the equation. They are essential socio-economical entities in places like USA, Canada and EU. Their role is quite important when it comes to controlling/balancing healthcare cost and setting policies.
About The Author
Adnan Khan
Adnan Khan is an accomplished technology professional and a visionary with background in TELCO and Mobile industries. Among his favorite topics to talk about are, mHealth/eHealth, Healthcare IT, M2M Communication and mobile technology in general. @Digilifeinc.
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Market Trends
In a report by Continua health alliance, Remote Monitoring can reduce mortality by 35-55% and hospitalization by up to 47%.
The market for mobile health applications and associated devices will grow at a compound annual growth rate of 61% to reach $26 billion in revenue by 2017.
The projected cost savings generated by mHealth services will be around $36 billion over the next five years under the most optimistic projections.
World wide adoption of mobile health is already taking place. No doubt, it is the future of healthcare.