- Founded in 1977, the United Health Group currently has over 6,500 facilities in the United States, over 300,000 employees globally, and a total revenue of $297.6 billion.
- MDLive provides round-the-clock support from US board-certified doctors via phone, video, and mobile app. One of its main focuses is patient satisfaction for which it currently has a rating of 97%,
- Launched in 2002, Teladoc focuses on providing excellent care at affordable rates. It currently has 27 million members in 130 countries and earned $553 billion in revenue in 2020.
There are more ways than ever to access healthcare services in the present day, and one of the most popular is telehealth. Telehealth, the practice of delivering health care services via electronic means, has been around since the 1970s, but it’s only recently that telehealth has become one of the fastest growing sectors in healthcare. The COVID-19 pandemic dramatically accelerated the adoption of telehealth technology by hospitals and healthcare organizations worldwide.
As more people get used to online services, it’s easier than ever to connect with healthcare providers over the internet and receive all kinds of advice, support, and treatment without leaving home. In fact, there are now some successful companies that have built their businesses entirely around providing telehealth services and virtual care options to clients all over the world. Here are 10 of the largest telehealth companies in the world, what they do, and how they’re helping to advance this exciting field of medicine.
#10. United Health Group
The United Health Group is a multinational health care company headquartered in Minnetonka, Minnesota. The company was founded by Richard T. Burke in January 1977, has over 6,500 facilities in the United States, and employs more than 300,000 people worldwide. The company provides medical services to over 26 million people in the United States and an additional 24 million people worldwide. Its total revenue amounts to $297.6B.
It operates in four divisions: UnitedHealthcare, OptumHealth, OptumInsight, and OptumRx. The UnitedHealthcare segment uses Optum’s capabilities to coordinate patient care, increase medical care affordability, monitor cost patterns, manage pharmacy benefits, work more efficiently with care providers, and simplify the consumer experience. OptumHealth is a health services business that serves the whole health care marketplace, including payers, care providers, employers, government, life sciences companies, and consumers. OptumInsight focuses on data and analytics, technology, and information to assist significant players in the healthcare market. OptumRx is a pharmacy care service provider.
Health Group’s business model is based on providing health care to those who need it most at affordable prices for the insured population. This includes providing general and specialty care for patients of all ages, from newborns to seniors; managing chronic diseases; managing mental health issues; managing physical rehabilitation; delivering preventive care; providing screenings for cancer and other diseases; and providing education programs for patients with chronic diseases or special needs.
# 9. Virtuwell
Virtuwell is a telehealth company that provides virtual care services to patients in the United States. The company was founded in 2010 and is headquartered in Minnesota, United States. Virtuwell offers 24-hour access to a daily health balance system for a low consultation cost. Their team of doctors and healthcare specialists work in all areas of healthy living impediments such as children’s healthcare, cough, and allergy treatment, eye and ear care, skin and rasher care, and chronic care.
Virtuwell handles the diagnostic aspect of telemedicine by requesting that you describe your symptoms in an online interview. The report is sent to a nurse practitioner if the symptoms and condition sound like something Virtuwell can treat. They can then, if necessary, examine a visible symptom and devise a treatment strategy.
# 8. Health Tap
Founded in 2010, Health Tap is a telehealth company headquartered in Mountain View, California. The company has a mission to make healthcare more accessible and affordable. Health Tap provides on-demand access to doctors via video chat, phone, or text. Telehealth allows doctors to see and treat patients remotely, which is convenient for both parties. It also allows patients to see their physician even if they can’t make it into the office.
Their team comprises over 90,000 clinicians and 140+ experts working in real-time to improve every individual’s healthcare. The entire body is examined using the health tap business app and a specialized AI symptom checker, and an in-depth report of symptoms for any ailment is provided.
# 7. PlushCare
PlushCare is a telehealth company that enables patients to consult with doctors online. The company has a network of over 100 licensed physicians and nurse practitioners who provide care for patients through video visits. PlushCare also offers lab testing and prescription services. The company was founded in 2013 and is headquartered in San Francisco.
All of their doctors are board-certified and offer an impressive suite of services, from chronic disease management to helping people with opioid addiction recovery. The use of virtual visits allows patients to stay home and get much-needed medical attention without having to take time off work or travel out of town. Plush care works around the clock to provide patients with virtual medical consultations. Patients can examine their lab results virtually by just signing up.
# 6. MeMD
MeMD is a telehealth company that offers online doctor visits, mental health services, and more. Founded in 2010, MeMD has grown to become one of the largest telehealth companies in the world. MeMD’s services are available 24/7/365, and patients can book appointments online or through the MeMD app. Plus, all of MeMD’s services are backed by a team of licensed physicians. MeMD provides high-quality, convenient, and cost-effective on-demand telehealth services. MeMD serves 5 million members worldwide with telehealth and virtual care services.
MeMD’s highly qualified team of medical specialists concentrates on providing virtual talk therapy, teen therapy, psychiatry, individualized hair care, and women’s care treatments. MeMD is trusted by over 30,000 corporations and 4.5 million patients for superior virtual care solutions.
# 5. Amwell
Amwell is one of the largest telehealth companies in the world. The company is based in Boston, United States, and virtually serves over 80 million people. The company Amwell, formerly known as American Well, was created by two brothers who are both doctors. They sought to lower basic healthcare costs and eliminate constraints like time, mobility, and distance. Their services are available in all 50 states and offer a wide variety of health services. Their services include primary care, behavioral health, and chronic care management. Amwell distributes its platform to healthcare providers as a subscription service to connect their medical professionals online. Its software development kits, APIs, and system interfaces allow clients to integrate telehealth into existing workflows that doctors and patients use.
# 4. iCliniq
iCliniq is one of the leading telehealth companies in the world. iCliniq was founded in 2012 and is headquartered in Coimbatore, Tamil Nadu, India. They provide remote medical consultations to patients from over 196 countries. iCliniq has a team of over 2500 doctors who are available 24/7 to provide consultation. The company also has a mobile app that allows patients to consult with doctors from anywhere in the world. The objective of iCliniq is to provide a healthcare service that is simple to use and trustworthy for both doctors and patients. iCliniq provides a variety of telehealth services, including virtual consultations in general medicine, dermatology, psychiatry, cancer, and obstetrics.
You can communicate with a physician, doctor, or medical therapist through phone or video call. iCliniq has dedicated technology and support teams that will undoubtedly meet your needs. The iCliniq team is made up of doctors, researchers, and programmers who work around the clock to invent, create, and execute the most excellent solutions for doctors and patients.
# 3. Doctor on Demand
Doctor on Demand is a telehealth company that provides on-demand access to doctors via video chat. Founded in 2012, the company is headquartered in San Francisco, California. The company allows patients to connect with doctors from anywhere in the world and has partnerships with some of the largest healthcare organizations in the United States.
Doctor On Demand is the quickest and easiest way to see a doctor or psychologist online from the comfort of your home, using your computer, tablet, or phone. Doctor On Demand’s healthcare platform prioritizes the patient by providing video visits, voice, and messaging access to physicians, psychiatrists, therapists, and a care team of clinical providers and coordinators. Patients in all 50 states can access coordinated, high-quality care through its 5-star rated mobile application and website, which is available 24 hours a day, seven days a week.
# 2. MDLive
MDLive is one of the largest telehealth companies in the world. They provide on-demand, 24/7 access to US board-certified doctors via phone, video, and mobile app. MDLive also offers a suite of tools and resources for employers and health plans to help them deliver better care at a lower cost. Plus, they strongly focus on customer satisfaction with a 97%-member satisfaction rating. MDLive was founded in 2009 and is headquartered in Florida, United States.
The company has built its success around an emphasis on superior customer service and physician quality, as well as expanding its scope from being just a doctor-to-patient communications tool to encompassing an entire suite of products that improve patient outcomes.
Consultations are conducted via video chat, phone, or mobile app. Registered users can receive a virtual consultation from home or on the go using the company’s HIPAA and PHI-compliant secure, cloud-based platform and, if necessary, obtain an e-prescription. Currently, the company has a revenue of USD 36 million, making it one of the world’s largest telemedicine companies in terms of revenue.
# 1. Teladoc Health
Teladoc is a medical technology company that helps improve patient care by providing remote access to patient data and health information. The company was established in 2002 and is headquartered in Purchase, New York, USA. The company provides teleconsultation and telenursing services across primary care, behavioral health, and specialty areas. Teladoc’s telehealth platform includes video conferencing, email consultations, text messaging, chat messages, and automated reminders.
The company has approximately 27 million members and operates in 130 countries. Teladoc is a mission-driven organization that is modernizing how people access and experience healthcare around the world by focusing on high quality, lower costs, and improved outcomes. Teladoc generated USD 553 million in revenue in 2020, making it one of the top telemedicine companies in the world by revenue.
The telehealth industry is becoming increasingly prevalent in today’s society, and for a good reason. By increasing the ease of access to treatment, the industry aims to take the pressure off busy hospitals while also providing patients with timely and convenient access to healthcare. While there are several companies aiming to become the leading force in this industry, some have risen above the rest to make a name for themselves. With more doctors embracing the benefits of remote patient care and rising demand for it, the coming years will likely include even more companies like the ones discussed on this list. And judging by these companies’ success so far, it’s fair to say that we haven’t seen anything yet.
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