A lack of patients is one reason why the current state of the market for asynchronous telehealth is not sustainable, according to a new study.
The research from the University of Exeter in the UK finds that for every 100 new patients in a community, there are just five in a private system, and that the rate of return on investment is less than one-third of what the market could provide.
The average return on investments in private systems is around 1.5 per cent, according the study.
“Our study shows that asynchronous telemedical technology is currently not a viable solution to meet the health needs of the UK,” said lead researcher Professor David Stiles.
“At the moment, the only option is to subsidise private providers.”
Our study suggests that the availability of synchronous telehealth services, such as e-vacation services, is more important to the UK’s public health than the availability and cost of synchronised telehealth.
“The research also suggests that more people are willing to pay for synchronous services than are willing or able to pay the private providers that are currently providing them.
It says that, by 2020, only 8 per cent of people in the country would be willing to accept a telehealth plan that required them to pay a fee.
The researchers say that this lack of uptake could be a problem for the government, because it could make it more difficult for them to make decisions on how to respond to the health service needs of older people.
In addition to the potential impact on health, the lack of availability of the system may also mean that it may be more difficult to find people willing to help care for people who are incapacitated or are dying.
The study, published in the journal BMJ Open, suggests that some providers might also have difficulties in making money off the people who use their service.
The research, funded by the Wellcome Trust and the British Association of the Blind, looked at whether people could afford to pay to keep a person’s life insurance policies on in case they die.
The participants were asked to provide information about the policyholder’s health status, and then the researchers asked them to rate the likelihood of them being able to keep the policy for themselves.
They found that, even if people were able to afford to keep their life insurance, it would still be unlikely that they would be able to buy a plan from the insurance company.
The researchers found that for a 20-year-old, a 40-year old, and a 60-year aged, it was almost impossible to buy insurance through their personal insurance company, even after adding up the premium for a private plan.
The report also looked at the average number of days a person has been able to work each week from the age of 65.
The findings suggest that, for the average person, a typical working week would be between 25 and 30 days, although some people would be more likely to be able afford to work more.
The results showed that, of those surveyed, about one-fifth said they would still have a job at the age where they were willing to work longer, and they would therefore have an average of just four weeks to cover the cost of their health care.”
As we age, we experience more physical and psychological problems, and therefore have less time to spend in our home and in the community,” said Stiles, who added that the results could be of interest to those planning to start using telehealth in the future.”
These results highlight the need for the Government to consider the possibility of making health insurance compulsory, and also to consider how the Government might intervene to provide incentives for people to take up synchronous health services.