{"id":404485,"date":"2020-12-22T09:03:26","date_gmt":"2020-12-22T14:03:26","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=404485"},"modified":"2020-12-22T09:03:26","modified_gmt":"2020-12-22T14:03:26","slug":"world-telehealth-initiative-receives-investment-from-intel-corporation-to-expand-access-to-medical-care-in-vulnerable-communities-around-the-world","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/world-telehealth-initiative-receives-investment-from-intel-corporation-to-expand-access-to-medical-care-in-vulnerable-communities-around-the-world\/","title":{"rendered":"World Telehealth Initiative Receives Investment from Intel Corporation to Expand Access to Medical Care in Vulnerable Communities Around the World"},"content":{"rendered":"

\nUtilizing this investment, WTI can continue providing healthcare to developing communities through Teladoc Health\u2019s virtual care platform
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SANTA BARBARA, Calif., Dec. 22, 2020 (GLOBE NEWSWIRE) — World Telehealth Initiative (WTI), a leading nonprofit organization working to advance sustainable access to healthcare in under-resourced communities around the world, today announced an investment from Intel Corporation (NASDAQ: INTC). The investment will be used to support WTI\u2019s global scale, especially amid the COVID-19 pandemic, and further leverage Teladoc Health\u2019s (NYSE: TDOC) virtual care enablement platform to expand access to care worldwide.<\/p>\n

Founded in 2017, WTI enables access to care in more than 15 developing communities worldwide \u2013 including Cox\u2019s Bazar, Bangladesh, Lilongwe, Malawi, and Port au Prince, Haiti \u2013 and plans to expand to 40 communities within the next two years. WTI\u2019s network of volunteer medical professionals leverage Teladoc Health\u2019s virtual care platform and devices to interact with people in under-resourced community clinics and facilities, despite being countries apart. Teladoc Health\u2019s proprietary technology offers improved connectivity and breaks down traditional barriers to health by providing local care teams and physicians additional capacity and specialty care services. WTI will use Intel\u2019s investment to partner with more community clinics in developing countries.<\/p>\n

\u201cWe are incredibly grateful for Intel\u2019s investment and its recognition of the importance of our mission,\u201d said WTI Co-Founder and Executive Director Sharon Allen. \u201cWhile COVID-19 has accelerated the adoption of telemedicine, the need for reliable access to clinical care was already near critical levels before the pandemic. Reducing the morbidity and mortality of vulnerable populations requires equitable access to health workers. To provide a consistent medical presence wherever needed, we need a pragmatic, cost-effective solution that is simple to deploy and easy to scale. Telehealth is the answer.\u201d<\/p>\n

According to the World Health Organization (WHO), more than one billion people cannot obtain the health services they need because those services are either inaccessible, unavailable, unaffordable, or of poor quality. Additionally, 40% of countries have fewer than 10 doctors per 10,000 people. Although strategies to recruit, train, and develop the health workforce are improving, they are often not rapid enough to keep pace with population growth. This is compounded by difficulties in deploying health workers to rural, remote, and developing areas. Through WTI, medical professionals can volunteer their time and services from their home or office, eliminating these barriers.<\/p>\n

\u201cTogether, World Telehealth Initiative and Teladoc Health democratize access to care through activism and innovation,\u201d said Yulun Wang, Ph.D., head of research and development, Teladoc Health, and co-founder and chairman, WTI. \u201cWe are thankful for Intel Corporation\u2019s investment and the opportunity to use advanced technology to further enhance the clinical capabilities of developing countries. We fully believe that virtual care provides more equitable and sustainable access to quality healthcare for all, and we are proud to take the necessary steps to solve the healthcare delivery challenge.\u201d<\/p>\n

Since its inception in 2017, WTI has:<\/p>\n