The COVID-19 pandemic led to drastic decreases in health spending over the last year as patients and providers were forced to delay routine care – leaving many hospital systems with significant revenue deficits. The Kaiser Family Foundation estimates that many hospitals will continue to face declining revenue amidst the lingering economic crisis. In these uncertain times, Hippo Virtual Care can help decrease hospitals’ overall costs, while simultaneously increasing revenue potential.
It comes as no surprise that the COVID-19 pandemic will have lasting impacts on healthcare systems worldwide. Seemingly overnight, healthcare delivery changed from in-person to digital, transforming the norm. Providers who had previously been slow to adopt virtual care models had to quickly scale up programs to reach patients and ensure the continuation of their clinics during a time of unprecedented change.
Over the past year, virtual care and telehealth have moved beyond an alternative care option to become a standard offering in many medical practices and hospitals. We have seen a 50% increase in the number of virtual health visits compared to 2019, new government policies are encouraging the expansion of virtualcare, and 90% of physicians say they have treated patients remotely. Below are the top 10 best practicesto help your facility expand or begin offering virtual care.