It is found that the major health care costs are spent for the chronic disease treatment and for majority of the emergency room visits are being nonemergiencies the ripe for telemedicine. Patients at present tap their phones and keyboards for the medicines instead of visiting the emergency room. Technology made it possible for the consultation of doctors through video calls in their smart phones they can access the medical tests through electronic medical records and can send the prescription to the local pharmacy of the patients. The telemedicine makes it all possible and its annual revenue increases to $2 billion in few years. Introduction: The remote diagnosis and treatment that is provided for the patients through the telecommunication technology is known as telemedicine. To determine: The product life cycle stage of telemedicine and the role of mobile technology in the evolution of the industry

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Chapter 9, Problem 9.10AC

Summary Introduction

Case summary:

It is found that the major health care costs are spent for the chronic disease treatment and for majority of the emergency room visits are being nonemergiencies the ripe for telemedicine. Patients at present tap their phones and keyboards for the medicines instead of visiting the emergency room.

Technology made it possible for the consultation of doctors through video calls in their smart phones they can access the medical tests through electronic medical records and can send the prescription to the local pharmacy of the patients. The telemedicine makes it all possible and its annual revenue increases to $2 billion in few years.

Introduction:

The remote diagnosis and treatment that is provided for the patients through the telecommunication technology is known as telemedicine.

To determine: The product life cycle stage of telemedicine and the role of mobile technology in the evolution of the industry

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