Telemedicine Business In WALMART
A cardiologist with an MBA has launched a telemedicine business starting with international retailer Walmart (NYSE: WMT) with the goal of providing affordable healthcare in areas under served by providers.
Dr.Raj Shah, who runs a 37 year-old, 10-physician cardiology and internal medicine practice in Langhorne, Pennsylvania, is the founder of Telemed Ventures and CEO of Smart Care Doc. Having formed the company nearly three years ago, he opened its first telemedicine unit in Bensalem in suburban Philadelphia and another is scheduled to open in Willow Grove, Pennsylvania later this month.
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Telemedicine Market in Brazil, Russia, India, China (BRIC) is expected to reach a market size of $418.4 million by the year 2014, at a CAGR of 15.8 percent from 2009-2014 according to a report.
“The BRIC telemedicine technology market is expected to reach a size of $307.4 million by the year 2014 growing at a CAGR of 16.6per cent from 2009-2014 and BRIC telemedicine service market will reach $111 million in 2014 with CAGR of 13.8 percent, According to the new market research report by Markets and Markets.
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