The Market for Telehealth

Thursday - 10/15/2009, 2:52pm EDT

More and more healthcare companies are turning to their phones and wireless applications to treat patients. So it's not surprising that the market for telehealth devices and services is expected to bring in more than $3 billion over the next five years. A new report estimates at least 25 percent of health information technology stimulus funds will be applied toward telehealth services like remote access to medical records, smart phone applications and remote patient monitoring.