The healthcare industry is undergoing a digital transformation, with telehealth services gaining popularity among consumers of all ages. Even baby boomers, often stereotyped as resistant to technology, are embracing the trend, according to findings from a PYMNTS Intelligence research study. In fact, contrary to stereotypes, the...
Already a multibillion-dollar industry, telemedicine’s value is projected to jump fivefold in nine years. That’s according to a recent report by Emergen Research, showing the global telehealth market reaching around $450 billion in 2032, compared to $84 billion last year. The report cites a number of factors...
Ulta Beauty is looking to give its retail therapy experience a wellness boost and has announced its plan to extend its in-store wellness areas to over 1,330 locations across the country. Named “The Wellness Shop,” and launched in 2021, these areas will feature a new,...
The world of health and wellness is evolving rapidly, and so are the businesses that cater to it. In one transition, vitamin stores are entering the healthcare services domain. Known for providing dietary supplements, vitamins, and wellness products, retailers like The Vitamin Shoppe and GNC...
July 19, 2023
First popularized as a replacement for in-person healthcare visits during the pandemic, telemedicine has since found a more permanent footing for patients. The steady rate of consumers participating in at least monthly telemedicine appointments since January 2022 is noted in proprietary research prepared for the PYMNTS’ April “ConnectedEconomy™ Monthly Report.” Consumer participation in telehealth during […]
March 05, 2020
Although house calls were the most common method by which doctors gave medical care just a few generations ago, as of the second decade of the 20th century, most people...
November 05, 2023
Already a multibillion-dollar industry, telemedicine’s value is projected to jump fivefold in nine years. That’s according to a recent report by Emergen Research, showing the global telehealth market reaching around $450 billion in 2032, compared to $84 billion last year. The report cites a number of factors driving this growth: a worldwide shortage of healthcare workers, innovations […]
August 02, 2023
Telehealth company Amwell highlighted successful client migrations, virtual nursing capabilities and a focus on business development during its Q2 2023 earnings call. During the Wednesday (Aug. 2) call, Amwell Chairman and CEO...
June 25, 2023
Cyberattacks on American hospitals are reportedly growing in number and sophistication. The uptick in cybercrimes — as reported Friday (June 23) by Bloomberg News — comes amid increased health spending...
