Emerging Industry Overview: Telemedicine
Industry Snapshot
The telemedicine industry started out as a niche interest laden with problems: lack of trained professionals, limited broadband applications, lack of hardware and software devices, and concerns for medical privacy, just to name a few. However, by the end of the first decade of the 2000s, the industry had suddenly matured. Under the new Obama administration, through the American Recovery and Reinvestment Act of 2009 (ARRA) Congress expressly provided for dedicated funds to support healthcare IT. As more Americans (as well as global customers) accessed broadband connections, telemedicine was clearly the way to the...