BCU TigerLAB BITES! Dr Erez Yerushalmi; Telemedicine

Compared to traditional in-person healthcare delivery, telemedicine is characterized as the ability to remotely access healthcare services using information and communication technologies (ICT). The COVID-19 pandemic has acted globally as a force of rapid digital transformation across many business sectors including how people access healthcare. Increasingly, many primary and special healthcare consultations are moving towards remote consultations and services. In this video, Dr Erez Yerushalmi discusses his research on this topic. Erez reports on his research findings whereby he uses an economy-wide computable general equilibrium (CGE) model calibrated to the Canadian economy. The model integrates endogenous labour-leisure substitution and simulates an increase of teleconsultations from the current 4% in Canada, to a potential of 10% to 50%. Because teleconsultation saves time, it raises the potential for work and leisure, which would raise welfare by around CAD 5 billion a year. See further details on Erez?s research: http://www.open-access.bcu.ac.uk/12778/