Developing Telemedicine Market Forecasted to Top $1.2 Billion by 2020 as Innovative Mobile Health Applications Drive Healthcare Sector Forward
CORAL SPRINGS, Florida, August 2, 2016 /PRNewswire/ --
Experts forecast mobile applications and telemedicine to become one of the paramount factions of the healthcare industry as convenience and efficiency improve with enhanced technologies. The Telemedicine market alone is forecasted to double in size within next five years as mobile health applications & technologies become more user friend in the Community-Based Healthcare Sector. HealthCare companies in the sector today to watch are Reliq Health Technologies Inc. (OTC: RQHTF) (TSXV: RHT), Cigna Corp. (NYSE: CI), Humana Inc. (NYSE: HUM), Aetna Inc. (NYSE: AET) & UnitedHealth Group Incorporated (NYSE: UNH).
Reliq Health Technologies Inc. (OTCQB:RQHTF) (RHT.V), a technology company focused on developing innovative mobile health (mHealth) and telemedicine solutions for Community-Based Healthcare, is pleased to announce that it has been accepted into the National Health Service (NHS) United Kingdom's (UK's) Test Beds program and will begin piloting its virtual care technology with a London-area hospital in Q4 2016. "We are very excited to be piloting Reliq's community care platform in the UK. Our technology is strongly aligned with the NHS England's ongoing initiative to improve the management of long term conditions in the community." said Dr. Lisa Crossley, CEO of Reliq Health. "Our platform uses a high tech, low touch approach to provide high quality healthcare in the home, reducing exacerbations and disease-related complications, decreasing healthcare costs and enhancing patient and family satisfaction. We look forward to participating in the NHS Test Beds program to demonstrate the value of Reliq Health's technology to patients, caregivers and the health system in the UK".
Read the full Reliq Health (RQHTF) (RHT.V) Press Release at: http://financialnewsmedia.com/profiles/rqhtf.html
The pilot will focus on two of the most common chronic conditions in the UK, congestive heart failure (CHF) and diabetes. Currently there are over 15 million people in England living with at least one long-term health condition. In addition to the impact on people's lives, long-term condition management accounts for half of all General Practitioner appointments and 70% of hospital bed days in the UK. Reliq Health's proprietary hardware and software supports patients and their caregivers in the home, providing remote vitals monitoring with alerts to clinicians as needed, audible reminders to improve patient compliance with prescribed medication regimens and lifestyle changes, tailored patient education and secure communication with the entire care team.
In other HealthCare News and developments of importance in the markets: Cigna Corp. (NYSE: CI) unveiled its first ever regional brand campaign for key international markets, designed to showcase the company's capabilities and the solutions it delivers for customers. The campaign, themed "All The Way, Means All The Way," builds on Cigna's global wellness mission to improve customers' health, well-being and sense of security and is being rolled out in an integrated digital marketing format across multiple markets internationally.
Humana Inc. (NYSE: HUM) was informed last month by the U.S. Department of Defense (DoD) that it has been awarded the contract for the TRICARE East Region. TRICARE is the military health care program that provides benefits to military service members, retirees and their families. Under the terms of the award, Humana's service area would cover approximately 6 million beneficiaries in a 30-state region. In further developments: Aetna Inc. (NYSE: AET) and Humana Inc. recently announced plans to vigorously defend the companies' pending merger in response to a U.S. Department of Justice (DOJ) lawsuit seeking to block the transaction. A combined company is in the best interest of consumers, particularly seniors seeking affordable, high-quality Medicare Advantage (MA) plans.
UnitedHealth Group Incorporated (NYSE: UNH) News: The University of Texas Rio Grande Valley (UTRGV) School of Medicine and United Health Foundation introduced "Unimóvil" recently at a dedication ceremony. UTRGV Provost and Executive Vice President Dr. Havidán Rodriguez; UnitedHealthcare Community Plan of Texas CEO Don Langer; and other UTRGV, United Health Foundation and community leaders unveiled the new mobile health clinic, which medical professionals will use to serve community residents.
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