Forbes March 2, 2023
Wei-Li Shao

Wei-Li Shao, President of Omada Health.

Today, 133 million Americans are estimated to be suffering from at least one chronic condition, and that number is expected to reach 170 million by 2030. This demographic accounts for 71% of U.S. healthcare spend, placing significant strain on employers as one of the main providers of Americans’ healthcare coverage.

To help ease this strain, more employers are adding virtual care tools to their benefits packages, so more virtual care offerings are appearing in email inboxes and LinkedIn feeds. By 2026, 40 million Americans are expected to use virtual tools to manage their health. However, as the virtual care space continues to explode with products claiming to address everything from chronic illness to fertility,...

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