Lack of telehealth services hurts rural hospital finances

From Tech Target:

New research reveals that rural healthcare providers lose patients to urban healthcare providers that offer telehealth. This hurts rural providers by causing a decrease in revenue and profit.

The study published in the Review of Financial Studies examined the financial effects of telehealth and the consequences on rural hospitals that do not offer these services. Amid the rapid rise in telehealth utilization over the last few years, healthcare stakeholders have noted its various benefits, including increasing healthcare access and improving patient outcomes.