Telehealth has been defined by WHO as the appropriate delivery of health services where providers and patients are separated due to long distance. For information exchange, ICT is used by Telehealth for the diagnosis as well as treatment of injuries and diseases, evaluation and research, and for regular education and training of professionals related to the health field. Telehealth could positively contribute to accomplishing the goal of health coverage universally by enhancing access of patients to cost-effective, quality healthcare services. This is specifically worthy for those living in remote areas, aging populations, and vulnerable groups. Fundamentally, access has been given by telemedicine to remove healthcare providers and patients. We are sharing this post in accordance with the research done by Insider Monkey in their post related to Best Telemedicine Stocks In 2021. According to their post:
“Prior the COVID-19 pandemic, telemedicine has already been thriving in the US. Based on a study conducted by the American Medical Association, from 2010 to 2017, the number of US hospitals that connect with patients through the use of telemedicine has increased from 35% to 76%; and the pandemic has only strengthened the industry. The U.S. Centers for Disease Control and Prevention saw a 154% increase in telehealth visits during the last week of March 2020 compared to the same period in 2019.”
Let’s move directly to the list of best telemedicine stocks and the first one on the list is Cerner Corporation. This firm is popular for the supply of health IT hardware, devices, and services. This has been announced recently by the company that they are going to join hands with GetWell Loop for providing a new digital care plan for Coronavirus based on WHO and CDC guidelines. Around 9,000 shares have been purchased by an insider at a rate of $67 and the stock value increased by 16% from that time till now. The next telemedicine stock on the list is Ehealth, Inc. This company is licensed in the district of Columbia and other 50 states. Ehealth is offering a broad range of health insurance plans through the internet. Through this telemedicine medium, users can compare the prices and other coverage details associated with the health insurance. Around 950 shares have been purchased by an insider at $78 and the value goes down by 10% till that time.
Some other Telemedicine stocks are also there which are worth your reading, you can access the details at 12 Best Telemedicine Stocks to Buy Now.