Yahoo Finance December 18, 2019
The fusion of video technology and medical diagnoses still carries the promise of disrupting health care at lower cost, according to American Well co-CEO and president Roy Schoenberg — even though it will require the health care industry to pivot significantly.
Telehealth is used in a variety of formats, including web chats, phone calls and video conferencing, and is employed by health care operators like insurance companies, doctor’s offices, a hospital or pharmacy.
Its original purpose in the health care system was as an urgent care solution — a way to save health insurers and patients the cost of an emergency visit in exchange for a convenient and quick analysis from a video chat.
But 15 years later, there is...