Telehealth is screaming out with popularity. Venture funding continues to pour in, laws are more favorable, and many healthcare providers are implementing it at greater speed and breadth than ever before.
So now it's time to gain some perspective...and I found the perfect person to engage.
I recently had the privilege of conducting a leadership podcast interview with one of the top experts in telemedicine – Nathaniel Lacktman – chair of the telemedicine industry team at the prestigious law firm Foley & Lardner. He is the chair of the firm’s Telemedicine Industry Team and co-chair of the firm’s Digital Health Work Group.
A super wealth of knowledge whose strong advisement is being used by many healthcare providers and technology companies, including the Mayo Clinic. He has provided comments and policy input on telehealth to lawmakers, the Drug Enforcement Agency, the Congressional Research Service, state Medicaid Agencies, and state boards of medicine across several states.
He will be speaking at the upcoming HIMSS18 on “Behavioral Health: A Launchpad to Enterprise Telehealth.”
In this latest podcast episode of RED HOT HEALTHCARE, host Dr. Steve Ambrose and Nathaniel Lacktman of Foley & Lardner discuss top-of-mind topics including:
- The year of inflection for telemedicine
- A growing favorite of the venture community
- 4 legal hurdles remaining for telemedicine
- Expansive benefits of the Bipartisan Budget Act (BBA)
- Padded numbers and shadowy practices
- His innovative list of companies to look for
- Tele-services for pharmacies, including MTM
- Telehealth as a tool for growing patient acquisition
* Below is just one of many engaging questions & answers in this powerful interview. Listen to the entire piece by clicking on links within this article:
DR. STEVE: "When we talk about Teladoc and Doctor on Demand, these are telehealth services that carry no physical service presence. As the hospitals and health systems continue to get more mature in offering telehealth services into their mix, do you see companies like Teladoc eventually dropping away?"
NATANIEL: "I don't think so. I would applaud them for being first to market, with a vision and easy-to-digest, turnkey solution.
Among them, you could consider them the 'Big 4'- in Teladoc, MDLive, American Well, and Doctor on Demand. Each one offers a slightly different flavor -
- Doctor on Demand is very software-focused
- Teladoc has world-class government affairs and lobbying...and is really pushing the agenda on a state-by-state basis in practicing modalities.
- MDLive has really doubled down on its services. They focus on putting the hospital-partner first in their partnerships contracts.
- American Well has that 'Ask and Expert' partnership with Samsung.
But all these turnkey solutions are going to need to innovate and show value. Because the traditional providers are now offering their own telemedicine-based services.
And we're seeing this type of innovation. Teladoc acquired Best Doctors, an online second opinion service. MD Live has expanded to behavioral health.
I think these companies have a value and a good play, particularly also to payers, as it pertains to consistency of services and cost containment."
[CLICK HERE TO LISTEN TO THE REST OF THIS ENGAGING INTERVIEW]
ABOUT THE AUTHOR:
Dr. Steve Ambrose is a highly-dynamic B-2-B and B-2-C sales and communications leader. He will be attending and meeting with top healthcare leaders and influencers at HIMSS 2018 in Las Vegas.
He is currently receiving & reviewing full-time sales development and provider growth opportunities for healthcare companies and medium to larger providers. You may reach him via: firstname.lastname@example.org
Separately, the Red Hot Healthcare podcast carries only healthcare influencers or senior leaders from either market-leading or truly disruptive healthcare and health tech companies.
Earlier this year with his wife Nellie, Dr. Steve also co-founded the fast-growing Walk The Ridge movement for improving workplace engagement & civility.
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