COVID-19 was a turning point for the telehealth industry. In Australia, between 2020 and 2022, more than 100 million telehealth services were delivered to around 17 million Australians. Over $5 billion in Medicare benefits were paid, and about 90,000 medical practitioners have now used telehealth services to support their patients. Aussies have been quick to
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In Australia, the landscape of diagnostic imaging is evolving rapidly, especially in response to the needs of an ageing population. With Medicare expanding its coverage of diagnostic imaging items, there’s a newfound impetus for individuals to prioritise early detection and preventative healthcare measures, ushering in a promising era of proactive health management. In keeping with
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A strong uptick in patient registrations from the LGBT+ community for reproductive services has seen a healthy upswing in revenue for Monash IVF (ASX: MVF) which has seen no impact to its business despite a major pullback in discretionary spending across the country. The Company’s Half Year results for the period ended 31 December 2023
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As investors, we are all looking to get in on the ground floor of a fantastic stock both for returns and maybe, gloating rights to our friends. Some of the best performing stocks are in the healthcare and biotechnology sectors with industry stocks making up 7% of ASX200 companies. With many target diseases and conditions,
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The gaping dental shaped hole in the Australian healthcare system is a frequent point of contention and the more you look into it, the scope of Medicare coverage seems to narrow. Audiology is an essential service not entirely covered by Medicare, but that may soon change Hearing health is a chronically overlooked aspect of our
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Already facilitating 2 million medical appointments between medical professionals and patients, health tech company 1st Group (ASX: 1ST) is set to significantly grow its network with the launch of telehealthclinics.com.au – a dedicated site for booking medical appointments to be conducted via teleconference. Whilst COVID-19 has significantly heightened public interest in telehealth, 1st Group has
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