According to healthcare leader Toby Cosgrove, THIS is “the year of telehealth.” Although Teladoc CEO Jason Gorevic would rather use the phrase ‘virtual care’ to describe the space, he’s pretty much on board with the idea that more consumers than ever will jump onto the virtual care bandwagon this year. How will Teladoc’s partnership with CVS play a role? Any other acquisitions on the horizon? Gorevic gets real about what’s impacting utilization rates and whether or not he’s worried about Teladoc competing with Apple, Google, and Amazon. (Hint: He’s not.)
Filmed at JP Morgan Healthcare 2019 in San Francisco, January 2019.
Jessica DaMassa is the host of the WTF Health show & stars in Health in 2 Point 00 with Matthew Holt.
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I guess he warned us that Teladoc was feeling ‘A-quisitive’ — the question now is are they done? A few weeks ago I spoke with Jason Gorevic, Teladoc’s CEO at the new HLTH Conference about consolidation in the telehealth space and what’s next for the virtual care giant.
Although he was mum on the company’s $352M mega-buy of Advance Medical, there was a shopping list of other solutions that seem to have caught Teladoc’s eye — everything from tech that turns Alexa into a telemed access point to NLP plug-ins and any number of shiny devices that make remote monitoring easier, less expensive, and more effective.
Perhaps an indicator of where they’ll look next as they continue to sweep up market share? Listen in on some of the details about their CVS partnership (VIRTUAL Minute Clinic, anyone?) and the VERY interesting talks he’s having with the country’s largest payers on redefining benefit designs to push virtual care first.