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Part
01
Telemedicine Companies
After exhaustive research, we have determined that there is no publicly available information which can be used to fully answer your question. Despite this, we have located some helpful information pertaining to this topic which might provide some useful insight:
-- The most cost efficient option for employers is to utilize a telemedicine company that operates on a per-employee-per-month payment model, and does not charge additional fees on top of this base subscription.
-- First Stop Health has stated that their company uses "a strict PEPM that covers all costs and does not charge for utilization."
-- WebDocOnline has stated that their enterprise services can cost as little as "$10 or less per employee and their family."
Below you'll find an outline of our research methodology to better understand why information you've requested is publicly unavailable, as well as a deep dive into our findings.
methodology
In order to answer your question, we first began by crafting a list of the leading telemedicine companies in the U.S. Most telemedicine companies in the U.S. are private, and therefore do not make their revenues public, therefore we utilized a range of different metrics to determine the leaders in this space, including the number of members, number of patients served, consumer satisfaction ratings, etc.
Next, we analyzed each company on our list to assess their enterprise pricing, deal structure, and enterprise economics. However, this research method proved to be fruitless, as it turns out that none of the companies on our list provide enterprise pricing upfront, but rather, pricing information must be obtained via contact with a sales representative.
In addition to the company websites, we also searched for pricing information for these companies via trusted media sites and consumer review sites. However, we were not able to locate sufficient information using this research method either.
Since information pertaining to the leading telemedicine companies was not available, we began researching to locate enterprise pricing information for any telemedicine company, even if they could not be identified as a leader. In some cases, we were able to locate pricing information for regular subscriptions to these services, but in all cases we analyzed, enterprise pricing was never available up front.
With regard to the leading telemedicine companies, Teladoc, HealthTap, SnapMD, First Stop Health, DocHalo, and American Well are just a handful of the companies in this space we analyzed.
Since the information you have requested can not be compiled utilizing publicly available information, we have located a handful of related findings which we felt might prove to be insightful for you.
helpful findings
-- Teledoc has served over 20 million members and has a 95% satisfaction rate. This company offers different enterprise solutions based on company size.
-- Telemedicine providers utilize a range of different pricing structures and business models. Many providers utilize a PEPM (per employee, per month) pricing structure, which typically costs between $2-$15. However, in such cases, there is typically a range of fees that get charged on top of this base fee, such as consultation fees, which can range from $20-$50 per consultation. It is recommended that employers seek a model which does not charge fees on top of the PEPM base rate, even though sometimes this means the PEPM base rate will be higher, because these programs end up being more cost-efficient in the long run.
-- WebDocOnline has stated that their enterprise services can cost as little as "$10 or less per employee and their family."
-- First Stop Health has stated that their company uses "a strict PEPM that covers all costs and does not charge for utilization."
conclusion
In closing, information pertaining to the enterprise pricing and deal structures for leading telemedicine companies could not be located, as these companies generally do not publish their enterprise pricing up front. However, we were able to learn that the most cost-efficient option for an employer is to use a company that offers a PEPM pricing structure with no additional fees, such as First Stop Health.