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Wednesday, August 17, 2022
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    HomeHealthTelehealth companies are testing the waters with taking on more risk

    Telehealth companies are testing the waters with taking on more risk

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    A handful of telehealth firms are dipping into cost programs that reward them for protecting sufferers’ prices low and penalize them for overspending — a probably dangerous transfer for firms nonetheless discovering monetary footing, however one that would win them favor with giant well being plans and employers.

    These firms are negotiating new contracts that give them a much bigger monetary stake in sufferers’ care. They’ll shoulder that danger in numerous methods, akin to by masking the total value of sufferers’ care up entrance and pocketing the financial savings, or by betting that their choices can drive down prices and splitting the financial savings later. A majority of these contracts are a departure from fee-for-service, a system that reimburses suppliers a set charge for physician’s appointments or procedures and has lengthy been a mainstay of each brick-and-mortar drugs and telehealth. The riskier method additionally displays the necessity to discover novel methods to receives a commission for a bevy of telehealth choices that don’t match conventional billing fashions, like in-app messaging and automatic reminders to verify very important indicators.

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