Category: Blog

A new bill, the Medical Electronic Data Technology Enhancement for Consumers’ Health (MEDTECH) Act, has been introduced by Sens. Michael Bennet (D-Colo.) and Orrin Hatch (R-Utah), with the aim to exempt low-risk medical software and mobile medical apps from regulation by the U.S. Food and Drug Administration. It was officially was introduced to Congress Dec….

According to Massachusetts-based BCC Research firm, the global telemedicine market is expected to grow from $9.8 billion in 2010 to $27.3 billion in 2016, a compound annual growth rate of 18.6 percent over the next five years. Likewise, the telehospital market sector was worth $8.1 billion in 2011 and is expected to grow to $17.6…