From Bed-side to Web-side: the future of telehealth & neuroscience in the U.S.


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Executive Summary

We may now be coming out of the acute pandemic phase, but our post-COVID-19 reality has been significantly and permanently changed by an evolution in the digital health technologies it drove.

Major shifts in both provider and patient attitudes have proven powerful driving forces for the transition to telehealth we’re seeing in both neurology and psychiatry. Amongst these transitions is the regulatory adoption of telehealth policies, which includes changes to HIPAA, medicare/medicaid reimbursement, and a huge growth in telehealth CPT codes (used for reimbursing procedures). While many are not federally permanent, states have taken it upon themselves to legalise the most essential telehealth policies (e.g. pay parity and interstate services).

The new post-pandemic reality is a hybrid virtual/in-person approach for many neurological and psychiatric conditions – driving rapid regulatory change, reduced delivery costs, and improved patient access. For example, telehealth benefits those with neurological and psychiatric disorders by enhancing care through earlier intervention to prevent costly downstream care (e.g., hospitalization).

Just as virtual engagement with pharma field reps is now here to stay, so too is the delivery of virtual treatment options for patients. Telehealth – and the broader landscape of digital healthcare – is poised to revolutionize the pharmaceutical industry for decades to come. As industry leaders, the strategic direction that we set forth must align with this movement – or we risk being left behind.

Description

This white paper takes an in-depth look
at the rapid and recent adoption of telehealth, specifically in the field of neuroscience in the U.S.

•  The comprehensive deep dive looks into the shifting adoption of telehealth from patients, providers, and the regulatory system (politicians, federal departments, etc.)

•  We look into the barriers to access, including pay parity (is telehealth reimbursed for the same amount as an in-person visit) and interstate service (can a physician serve someone outside the state they are residing in) that are crucial for continued supply of telehealth services

• Finally we lay out the opportunities available to patients, physicians, and manufacturers during this shifting time