CCBT Companies: Competitive Analysis

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CCBT: Competitive Analysis Part 2

The organizations SilverCloud, Magellan Health, Talkspace, Health Rythms, MyStrength, Headspace, and Teladoc have competitive advantages over each other ranging from readily available funding, decades of research and global reach. Their strengths include affordability, convinience and awards won. They have different weakness ranging from lacking availability outside the US to expensive price points. 

A detailed report can be found in the attached spreadsheet on rows 11 -17, columns B - E.

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CCBT: Competitive Analysis Part 1

One of AbleTo's strengths is its library of published clinical research, and its weakness is the delay between requesting a call and receiving a call. For Amwell, one of its strengths is that its app is powered by American Well, the top platform for telemedicine services, and a weakness is that its price point may still be out of the reach of individuals without insurance. Calm's strength is its rapid growth despite being an early entrant into the mental health field, and its weakness is overcoming the stigma of mental and behavioral health services. This spreadsheet contains the details of our findings.
ABLETO
TECHNOLOGY SPECIFICS
 AbleTo provides deep insights on behavioral health, using an integrated proprietary platform. Insurers contract with AbleTo to provide individual behavior health care services, which the company achieves by engaging individuals in a personalized call or video chat with a professional therapist and coach.   

COMPETITIVE ADVANTAGE
AbleTo is a market leader for technology-based behavioral health care. It recently purchased Joyable, an app for cognitive-behavioral therapy (CBT). 

STRENGTHS
AbleTo has numerous published research articles which show an improvement in clinical outcomes by 50% and a 48% decrease in hospital stays. Additional reports indicate improvements in self-care, behavioral health, and chronic pain due to the company's techniques.

WEAKNESSES
For clients to access AbleTo's services, they usually have to initiate a call through an online portal, then wait for a call back, which is not ideal in the case of an emergency. AbleTo uses a screening call to explain their services, confirm insurance coverage, and determine if the individual is eligible. Currently, it is unclear if an individual can contract with AbleTo directly.
AMWELL
TECHNOLOGY SPECIFICS
 Amwell is an app that offers users an online platform to consult with physicians for urgent care, therapy, and psychiatry. American Well powers the app.

COMPETITIVE ADVANTAGE
American Well is a top telehealth platform that provides services for health systems, plans, employers, and physicians. Individuals enjoy convenience, easy, and quick consultation with doctors, as they get to book appointments and communicate with them virtually. AmWell is ranked as one of the best telemedicine apps by Kays Harbor Technologies. 

STRENGTHS
Amwell's strengths include that it eliminates the need for some urgent care visits, basic virtual consultations usually come at a low cost, and it was selected as the best overall for telemedicine services in 2019 by TopTenReviews.

WEAKNESSES
Amwell's low points include that services other than a basic consultation can be expensive, and some insurers do not cover telehealth services.
CALM
Tech Specs
 Calm is an app that provides hundreds of relaxation programs to help ease the mind of its intermediate and advanced users. 

COMPETITIVE ADVANTAGE
Calm promotes meditation and mindfulness, and it is partners with celebrities such as Matthew McConaughey and Ashton Kutchner. It successfully raised $116 million in four funding rounds, despite being an early entrant in the mental wellness digital market.

STRENGTHS
Calm was the top health and fitness app in Canada for March 2019, with 8,465 downloads. It has over 40 million downloads globally, proving that it is an effective medium for sleep, relaxation, and meditation. The society's negative conception of mental health issues is also beginning to take a more positive turn. Calm is currently valued at $250 million.

WEAKNESSES
Calm's low points include the bias toward the physical body in fitness instead of mental fitness. Also, some of its content does not resonate with users who are unfamiliar with mindfulness and meditation.

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Part

CCBT: Competitive Analysis Part

The companies Mindcare, Owl Insights, Regroup, CogCubed, CureApp, Mentegram, Learn to Live, and MDLive, have competitive advantages over each other which vary from having the most extensive library of evidence-based measures in the health industry to having the most extensive library of industry standard tools and questionnaires. Their strengths include, as in the case of CogCubed, being 15% more accurate in diagnosing ADHD than existing devices on the market; and helping a single clinician to realize an extra $50,000 in insurance reimbursement revenue annually, as in the case of Mentegram. There are also many weaknesses throughout the companies, but most prominently, companies do not offer enough treatments/treatment options. 

In rows 18-25 of the attached spreadsheet, we have provided the technology specifics, competitive advantages, strengths, and weaknesses of the companies mentioned above.

Wonder

CCBT Companies: Competitive Analysis

Delivered April 13th, 2019. Contributors: Sheila O., Praise O., Uche M. and 6 others

CCBT: Competitive Analysis Part 2

CCBT: Competitive Analysis Part 1

ABLETO

AMWELL

CALM

CCBT: Competitive Analysis Part

From Part 01

Cognitive Behavioral Health | SilverCloud Health

Online Cognitive Behavioral Therapy | SilverCloud Health

Magellan Health | Home

Talkspace | Online Therapy | Counseling Online | Marriage Counseling

Talkspace Review | An In-depth Analysis of Talkspace Online Therapy

HealthRhythms

myStrength announces expansion of digital self-care resources to now include substance use disorder - National Council

myStrength | About

Meditation and Sleep Made Simple - Headspace

I spent 10 days using the popular mindfulness app Headspace — this is what it’s like

Teladoc | Get started

CCBT competitive advantage

The Health Reporter Is In, Jan. 31, 2019

From Part 02

AbleTo | For Health Plans | AbleTo

AbleTo | For Health Plans | AbleTo

AbleTo | For Health Plans | AbleTo

Joyable acquired by AbleTo

Joyable Overview

AbleTo | Get Started & Enroll

How Online Doctor Visits Work

The AmWell – Avizia Merger and the Evolution of Telehealth

Best Telemedicine Companies 2019 - Doctor Visits by Phone or App

Online Doctor Visits In Minutes

13 Best Telemedicine Apps (2018) Sharing the Spotlight - Kays Harbor

Comparing 11 top telehealth platforms: Company execs tout quality, safety, EHR integrations

Quotes

Crunchbase | Calm.com Overview

Crunchbase | Calm.com Funding

How Calm is going beyond an app to promote meditation and mindfulness

Statista | Calm.com

About — Calm Blog

Meditation app Calm hits a $250M valuation amid an explosion of interest in mindfulness apps

CCBT competitive advantage

From Part 03

CCBT competitive advantage

Home » MindCare

MindCare Solutions Group | telemedicine.arizona.edu

Telepsychiatry and Health Technologies

Owl Insights | The Power of Measurement-Based Care at Scale. Simplified

Measurement-Based Care Using The Owl: The Patient Experience

Mind the Gap: Considering Disparities in Implementing Measurement-Based Care

How OSF HealthCare and Regroup Therapy virtualized mental health treatment

Regroup Helps Healthcare Providers Offer Virtual Mental Health Services

How to get mental health help where there are no doctors

CogCubed Diagnoses ADHD with Video Games

CogCubed

CogCubed: Hacking Gamification and Driving Behavior Change - Health 2.0

GroundsKeeper: A Qualitative Study of Applied Game-based Interactives in Special Education Programs - Full Text View - ClinicalTrials.gov

CureApp, Inc.

Japan: CureApp startup that helps smokers quit receives multimillion dollar investment - Tech Wire Asia

Impact of a Novel Smartphone App (CureApp Smoking Cessation) on Nicotine Dependence: Prospective Single-Arm Interventional Pilot Study

Learn to Live

Learn to Live

Online Cognitive Behavioral Therapy (CBT) Company Learn to Live Raises $1 Million Round of Funding Led by Blue Cross and Blue Shield of Minnesota

LearntoLive LinkedIn

Mentegram LinkedIn

How It Works: Mental Health Assessment and Treatment Tools by Mentegram™

Social Impact Series: Mentegram - Hitachi Foundation

Doctors On Call 24 Hours - Urgent Care Online Doctor Visits | MDLIVE

Our Online Doctors – MDLIVE Telehealth Company

Frequently Asked Questions MDLIVE Telemedicine

Delivered April 13th, 2019. Contributors: Sheila O., Praise O., Uche M. and