Market Review and Trends
Rise of Telemedicine
By Side Hustle Rich  •  July 16, 2020
Covid has proven to be a game changer in many ways. We’ve seen the drastic changes to how we work, and how office buildings are less necessary than we think, which will lead to long term structural changes in the REITs landscape. Just like how covid massively bumped up Zoom’s usage, I believe the same will happen to the rise of telemedicine. So today, let’s take a look at how covid will change the way we go to the doctor.

What is Telemedicine?

Telemedicine refers to the process or act of getting consultation with a doctor via remote channels using video conferencing tools. This is usually for non emergency illnesses such as a cold or minor cough where a physical visit to the clinic is not necessary. You will usually need a thermometer so you can take your temperature in real time for the doctor, and video conferencing or photos for visual inspection of eyes and throat etc....
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By Side Hustle Rich
I’m Richard, creator of SideHustleRich. I created this site to journal my experiments, experiences and thoughts on working up multiple streams of income, in an attempt to achieve financial independence. I’m a happily married man and a father to two young boys. I don’t believe in working until i’m 65, maybe enjoy 5 years of retirement before starting to ache all over from basically growing old and tired.
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