There are several ways to know if a digital mental health solution is working, including whether it has proven clinical outcomes or if it's improving access to care, executives said during a panel discussion.
More than half of employees said they don’t have mental health benefits in their benefit package or aren’t sure if they do, according to a new survey. About two-thirds of respondents said they would use a digital mental health benefit if it was offered to them.
Here is a selection of recent executive hires, exits, promotions and layoffs occurring across the healthcare industry.
Amwell CEO Roy Schoenberg thinks the stock market has adopted a rather simplistic view of telehealth over the past year, reducing the care modality to a pandemic-era trend in which patients are no longer interested. But Schoenberg pointed out that providers are still committed to virtual care. Because of this, he thinks his company is in a better position to raise its stock price than others because it is partnering directly with providers to evolve telehealth delivery models.
Transcarent recently announced a partnership with The Clinic by Cleveland Clinic, which provides second opinions from medical specialists via video visits. Now Transcarent members can access The Clinic’s services as a benefit, which means they won’t face any out-of-pocket costs in most cases.
Some industry experts seem skeptical of the rumored deal between Amwell and Talkspace, while others disagree. The rumored purchasing price is $200 million at about $1.50 per share.
A specialty drug is a class of prescription medications used to treat complex, chronic or rare medical conditions. Although this classification was originally intended to define the treatment of rare, also termed “orphan” diseases, affecting fewer than 200,000 people in the US, more recently, specialty drugs have emerged as the cornerstone of treatment for chronic and complex diseases such as cancer, autoimmune conditions, diabetes, hepatitis C, and HIV/AIDS.
LG launched the first solution to come from its collaboration with Amwell. The product, called the Carepoint TV Kit 200L, is in beta testing but will soon be sold to hospitals to help clinicians virtually connect to patients’ rooms. Powered by Amwell’s Converge platform, the product is aimed at helping clinicians more easily engage with patients amid healthcare's workforce shortage crisis.
Hospitals and health systems must take a comprehensive and proactive stance to protect themselves from emerging competition in telemedicine and shore up operational practices.
An expert industry observer said CVS Health's move into primary care is both offensive and defensive, but perhaps more importantly a natural evolution of a company with such a large healthcare footprint.
In a wide-ranging discussion, Amwell Chairman & CEO Ido Schoenberg expressed frustration at being lumped together with other telehealth companies that have very different approaches and business models. But he was also very optimistic about the category overall.
Munck Wilson Mandala Partner Greg Howison shared his perspective on some of the legal ramifications around AI, IP, connected devices and the data they generate, in response to emailed questions.
The company rolled out new programs, content, interactive tools and videos aimed at addressing family mental health. The offerings seek to fill in gaps in mental healthcare to ensure children and parents get the help they need.
In a sit-down interview, Roy Schoenberg said the fixation on consumer behavior around telehealth misses the bigger story. He thinks provider adoption and integration of telehealth will drive greater use, setting Amwell apart from direct-to-consumer telehealth providers like Teladoc.
The acquisitions will expand Amwell's virtual care offerings and client base, with SilverCloud Health bringing digital behavioral health programs to its roster and Conversa Health adding text-based patient communications.
A new report by Trilliant Health shows that demand for telehealth services is expected to decrease or remain flat across the U.S. In the meantime, telehealth companies are making more modest projections for the year as competition ramps up.
The next step in the evolution of interoperability will involve examining data flows in digital healthcare, according to panelists at the American Telemedicine Association's annual conference. This includes looking into how data sharing will support telehealth, remote patient monitoring and programs involving wearables.
