Teresa Wang | February 12, 2015
Healthcare reform is fueling digital health funding. You’ve probably heard a variation or two of that statement so here’s a look at how and why healthcare reform has helped define the digital health landscape. In a series of posts, we’ll explore the legislative landscape, starting with this overview and then diving into telemedicine, at-home patient management, and healthcare consumer engagement over the next few weeks.
With healthcare costs expected to rise 4.9% next year, stakeholders are starting to feel the pressure to change. Legislators are busy trying to slow the growth of healthcare spending; providers strive to find a balance for cutting costs and improving care; insurers compete to gain more enrolled members. Most notably, healthcare reform efforts have created an environment for the growth of digital health, which received over $8B in funding over the past four years.