Drastically reduce costs while providing more convenient, high-quality health care benefits to your employees with Teledoc.
Teledoc is the only telehealth company in the US to have a NCQA-certified provider credentialing process.
America's largest telehealth provider
We at 24/7 Telemedicine are very much aware that we no longer have to define the concept of telemedicine, nor is it necessary to explain the multitude of benefits to employers and employees of corporations. We would like to give you some facts about our telehealth provider, Teledoc, which is the first and fastest growing company involved in telemedicine. Teledoc has raised $100 million dollars to pair physicians and patients over the internet. Thanks to videoconferencing and chatting online, people are now able to visit a doctor without ever leaving their homes or offices.
For a while, telemedicine faced a huge obstacle: Insurance companies refused to pay for it. Thankfully, Teledoc has convinced many major health insurers and employers to cover online consultations just as they would in-office appointments.
Founded in 2002, Teledoc had a rather slow beginning until companies began seeing the incredible benefits. Revenies grew 100% in 2013, and are set to double this year. With such a rapid growth, CEO Jason Gorevic has actually had to turn investors away as the recent funding round was oversubscribed. To name a few, insurance companies including Aetna, Blue Cross of California, and Oscar have recently signed with Teledoc, as have T-Mobile, Home Depot, pension giant CalPERS, and many others. A recent survey by Towers Watson and The National Business Group on Health claim that over 50% of large employers plan to offer Teledoc to their employees this year.
Why is it that so many employers are now offering Teledoc to their employees? Not only does Teledoc provide a convenient and timely health solution for employees, it can drastically cut medical costs for employers. Teledoc's Board Certified General Practitioners and Internal Medicine Physicians have, on average, 15 years of experience. These doctors can, via phone or videoconferencing, treat common illnesses such as bronchitis, sore throats, flu, ear infections, UTIs, rashes, eye infections, etc., and, if necessary, prescribe medications specific to the patient's particular ailment. Previously, many employees would need to take time off work to see their primary care physician, or - worse - a costly visit to an emergency room or urgent care facility in order to treat these common ailments. Through Teledoc, however, these expensive and time-consuming visits can be avoided - only 1% of Teledoc consultations are referred to the E.R. and 5-6% to an urgent care facility. By reducing costly emergency room and urgent care visits for non-emergency medical issues, countless organizations have seen substantial ROI increases since offering a telehealth solution to their employees.
How Teledoc can help your organization
Teledoc reduces ER and urgent care visits for non-emergency medical needs. At $40 per Teledoc consultation vs. an average of $1477 per ER visit, it is clear to see how Teledoc will save you and your employees money.
Rather than having to take a day off to visit a physician, in many cases employees can resolve their medical through Teledoc in their spare time, increasing productivity and reducing absenteeism.
Increase employee satisfaction by providing quality, convenient medical care at any time. Patients receive a callback from a doctor in an average of only 16 minutes, and 95% are satisfied with their experience.
Seamlessly integrate Teledoc into your organization in as little as 30 days. We integrate with all types of health insurance companies, benefit designs, co-pays, and deductibles.
For employers and employees
According to Center for Disease Control and Prevention, there were an estimated 722,000 infections acquired in hospitals in 2011; that is, 1 out of every 25 hospital patients! Of the patients with these hospital-acquired infections, 75,000 died during their hospitalizations. By reducing the number of unnecessary hospital visits, you could reduce hospital acquired infections and potentially save lives by incorporating Teledoc into your organization.
Integrate Teledoc with your organization
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Rent-A-Center, a furniture and electronics rent-to-own company, saved $1,289,359 in 24 months by offering Teladoc to employees.
Cash America, a financial service and pawn shop giant, saved $558,812 in 48 months by offering Teladoc to employees.
Golden Living, a leader in post-acute health care, saved $891,501 in 12 months by offering Teladoc to employees.
Oncore, an electricity company, saved $152,769 in 24 months by offering Teladoc to employees.