The United States leads the world in adoption of telehealth technology, with 75 percent of the world's remotely monitored patients living within U.S. borders.
The services tend to be useful for monitoring patients with chronic conditions such as diabetes and hypertension, especially those who are post-acute and recently discharged from the hospital.
Remotely monitoring vulnerable patients can cut down on readmissions without racking up expensive nursing bills, analysts said.
IMS estimated that that telehealth revenue will rise in the United States from $174.5 million last year to $707.9 million in 2017.
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