Modern Technology Injects More Flexibility into Healthcare Systems - FinancialBuzz.com News Commentary Share this article Share this article NEW YORK, Jan. 20, 2021 /PRNewswire/ -- The healthcare system has begun to implement some noteworthy changes to its infrastructure under the continued pressure from the pandemic. Various technological solutions, that before the pandemic were being slowly introduced into the system, have become more dominant in 2020. One such solution, telemedicine, is used in diverse sectors including cardiology, radiology, behavioral health, and others. After the pandemic subsides, many patients and other potential customers may prefer a virtual consultation option, as it reduces the cost of healthcare related services such as hospital stays and is also safer. This shift, in turn, could help give momentum to new healthcare business models in telemedicine. Overall, the global telemedicine market size is projected to reach USD 185.66 Billion by 2026 while exhibiting a CAGR of 23.5% during the forecast period of 2020 – 2026, according to data provided by Fortune Business Insights. Beyond Medical Technologies Inc. (CSE: DOCT), American Well Corporation (NYSE: AMWL), Change Healthcare Inc. (NASDAQ: CHNG), Allscripts Healthcare Solutions, Inc. (NASDAQ: MDRX), Evolent Health, Inc. (NYSE: EVH).