Telemedicine Appraisal

The cost of exploration and learning are two important factors that must be used in order to help achieve sustainability of a telemedicine practice. Licensing and credentials can be costly even for doctors. So, a telemedicine endeavor must be able to assess the cost and risk of starting a business and be able to foresee its future in educating its doctors and staff. A service model based on the assumptions of what can happen in the market place can help develop a business plan. An appraisal on how much telemedicine education would cost and how much you will actually need for each individual in the practice, can determine what returns it will reap. Risk assessment on the developing market as well as its competitors in the developing market