Teleradiology Solutions, a leading provider of teleradiology services, reports its volumes, which had seen business shrunk by 80% of pre pandemic volumes, have almost returned to normalcy.
Throughout the COVID pandemic, there was a reduction of radiology imaging due to several factors:
As a result, even though telemedicine consultations rose dramatically during the pandemic, hospital admissions and diagnostic elective imaging and radiology reporting volumes dropped globally. Telerad volumes dropped to a low of up to 20% of normal in April, May and June 2020. The radiology volumes mostly comprised of COVID X-rays and CT scans during the pandemic.
Dr Arjun Kalyanpur, CEO at Teleradiology Solutions said,”The company transformed rapidly during this time-moving 90% of its staff to work from home and readjusting scheduling without cutting salaries or jobs. It used this down time to streamline its operations and train all teams, implement business communication platforms for company wide communication, implement artificial intelligence algorithms in its new unified RADSpa workflow, change its digital marketing and sales strategy, online training to all its employees to upskill their knowledge, hired more radiologists and prepare for a rebound.” Mr Kishor Joshi, its Chief Business Officer said, “The company managed to sign six US contracts and three non-US contracts during the pandemic, including with two University hospitals from Pennsylvania, making radiology volumes finally bounce back to normal from last month. With several new clients in the pipeline, Teleradiology Solutions anticipates a 30% growth in the next quarter.”