On November 12, Ropes & Gray hosted “Talking Telehealth: Shaping Your Investment Strategy” virtual panel discussion. The program featured an interactive discussion with industry leaders who examined the expansion of telehealth, investment opportunities, reimbursement and risk sharing arrangements, and future projections on the fast growing investment sector.
The virtual panel also examined key reimbursement issues, including the role of value-based care, opportunities and challenges relating to telehealth investments, service access/equity issues and the impact telehealth will have post-COVID.
In a regulatory and reimbursement environment increasingly focusing on value-based care, the panelists noted that telehealth is a potentially valuable tool to manage rising health care costs. Telehealth also shows promise in providing patient access in rural communities, remote patient monitoring for chronic care conditions and potentially driving quicker intervention and the chance to manage disease states to drive better health outcomes. It was projected that following the coronavirus pandemic more than 40 percent of medical visits could be done using virtual technology.
The virtual panel was moderated by health care partner and co-chair Tim McCrystal (Boston) and private equity transactions partner and co-chair Neill Jakobe (Chicago) with opening remarks by private equity transactions partner and co-chair David Blittner (New York). The panel featured health care partner and co-chair Deborah Gersh (Chicago), Elizabeth Betten, managing director, Madison Dearborn Partners; Michael Carson, president & CEO, Harvard Pilgrim Health Care; and Ryan Pardo, chief legal officer, LifeStance Health.
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