As the costs stemming from COVID-19 continue to climb, reinsurers are collaborating with healthcare executives on how to mitigate the impacts of the virus on the sector. Virtual healthcare options are becoming increasingly commonplace, and the growing use of telemedicine and capacity constraints within our healthcare system will potentially dull utilization increases.
Before COVID-19, healthcare delivery was primarily focused on a string of disconnected patient visits, with long gaps of time in between each one. Telehealth’s spike in recent months is now enabling more people to use their own medical data to advocate for their health and wellness long-term.
In this episode of the Guy Carpenter-affiliate Oliver Wyman’s Health Podcast, Tom Robinson, Partner in Oliver Wyman’s Health & Life Sciences practice, chats with Keith Fernandez, MD, Chief Clinical Officer of Privia Health, a national physician organization whose online patient cohort represents all age groups, including seniors who quickly embraced Privia’s virtual visit platform during the initial months of the pandemic.
Keith discusses how to quickly adapt physically-based models in a digital world sparked by COVID-19’s telehealth boom, and predicts continuous medical care will quickly become a mainstream reality.
Guy Carpenter has been developing a view of how COVID-19 may impact the medical (re)insurance market.