This report was conducted at the request of the DBCDE and serves to examine the financial and externality impacts of ubiquitous high speed broadband in relation to health and aged care costs. Telehealth has the potential to provide enormous benefits to Australians, especially those who live in remote and regional communities. By using two separate studies conducted at a national level in the US and Australia, Access Economics estimates that steady state benefits to Australia from the wide scale implementation of telehealth falls in the range of $2 billion to $4 billion per annum. Also included in the report are the various potential benefits available to clients, provider and other stateholders through the introduction of telehealth.
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