Covid-19 Pandemic Drives Patients—and Deal Makers—to Telemedicine (The Wall Street Journal):
The coronavirus pandemic has put the once-niche category of telemedicine in the spotlight and is now driving a flurry of deal activity involving virtual health-care providers … Patients have embraced virtual care as a way to stay in touch with doctors for urgent care or chronic care management without risking exposure to the coronavirus by visiting medical offices. Telemedicine visits are typically conducted between a doctor and patient using videoconferencing or a phone call and are used to address minor ailments like colds as well as management of chronic conditions like diabetes.
Some 28% of consumers surveyed in April were using virtual medical visits in the early months of the year, up from 15% in 2019, according to Deloitte Consulting LLP.
Meanwhile, Talkspace, the text-based mental health application touted by swimmer Michael Phelps, has had preliminary talks with some larger telehealth companies about a potential sale, people familiar with the matter said.
“We have been approached multiple times in the past about a sale, but we have not pursued it,” said Oren Frank, its co-founder and chief executive.
News in Context:
- Mobile cognitive therapies gain traction as first-line mental health intervention
- Microsoft announces support for three innovative mental health services harnessing artificial intelligence (AI)
- Three ways to protect your mental health during –and after– COVID-19
- Debate the Future of Mental Health: In ten years, will we see DSM‑6 or Something Much Better (SMB‑1)?
- UCLA launches major mental health study collecting & analyzing data from Apple wearables
- Mental health for digital natives: Shouldn’t remote counselling be the first line of engagement & treatment?
- Startup Big Health raises $39M to universalize access to cognitive behavioral therapy (CBT) for anxiety and poor sleep
- Seven evidence-based reasons to start meditating yesterday