Preview

American Well Case Study

Powerful Essays
Open Document
Open Document
1814 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
American Well Case Study
Case Study: American Well Team Edition
Jennifer Zelensky
Marylhurst University MBA Program
Portland, Oregon
MKTG 522E

Background
American Well, founded by brothers Ido and Roy Schoenberg in 2006, has created an Online Care system that allows consumers to connect with physicians from their homes or offices (Ofek and Laufer, 2011). In April 2010, American Well introduced a new product, Team Edition, which leveraged the existing Online Care system to bring live, on-demand specialist care consults into primary care physicians’ exam rooms. The new product also introduced the Online Medical Home capability that enables multi-disciplinary clinical collaboration around a given patient. Ido Schoenberg stated in a press release for Team Edition, “In a time that calls for change and innovation in healthcare services, we are harnessing technology to transform the delivery and availability of specialty care. Team Edition extends quality specialty care into the hands of the patient’s own primary care physician allowing them to render and coordinate much broader, timely and convenient care for their patient panel. The primary care practice is now the gateway to the rest of the healthcare system, irrespective of its location” (American Well, 2010).
Value, Customers and Potential Barriers for Team Edition
American Well has created Team Edition with a few different customers in mind. First, patients benefit from the connected care offered by Team Edition (Ofek and Laufer, 2011). In a traditional model, patients who need to be evaluated by a specialist are referred by their PCP, see the specialist and then return to the PCP for follow up, each time navigating and waiting for an appointment and waiting for the specialist and PCP to exchange medical record and visit reports. Team Edition is designed to enhance and improve the patient experience by providing a direct and seamless connection to specialists while the patient is in the PCP office. The lower cost access to



References: American Well. (2010, April 13). American Well Launches Online Care Team Edition, Enabling On-Demand Provider-To-Provider Consultations And Online Medical Homes. Retrieved from http://www.americanwell.com/pressreleases_article9.htm Lewis, N. (2012, March 21). Global Telemedicine Market Headed For $27 Billion. Retrieved from http://www.informationweek.com/healthcare/mobile-wireless/global-telemedicine-market-headed-for-27/232602930 McGee, M. (2012, March 23). 11 telemedicine tools transforming healthcare. Retrieved from http://www.informationweek.com/healthcare/mobile-wireless/11-telemedicine-tools-transforming-healt/232602982?pgno=1# Ofek, E. and Laufer, R. (2011). American Well: The doctor will e-see you now. Boston: Harvard Business School Publishing. Pryke, N. (2013). Telehealth and e-care: The next generation of healthcare technologies. Retrieved from http://www.executivehm.com/article/Telehealth-and-e-care-The-next-generation-of-healthcare-technologies-/ Standards for Patient-Centered Medical Home (PCMH). (2011). Retrieved from http://www.iafp.com/pcmh/ncqa2011.pdf What are the reimbursement issues for telehealth? (2013). Retrieved from http://www.hrsa.gov/healthit/toolbox/RuralHealthITtoolbox/Telehealth/whatarethereimbursement.html

You May Also Find These Documents Helpful

  • Good Essays

    Walmart is a store that offers a variety of products and services to its customers. Walmart has a pharmacy that offers many services such as a walk in clinic, Flu shots, a prescription program that can lower the cost of medications purchased at their pharmacy, generic medication, and a website full of important information concerning prescriptions and hazards (Walmart Inc., 2013). In addition to these services, ABC Consultants would like to add Virtual Physician visits. This paper will describe the product, the impact of the product on the quality of care, quality of life, cost of care, and access. The social, ethical, and…

    • 1090 Words
    • 5 Pages
    Good Essays
  • Good Essays

    Telehealth Case

    • 804 Words
    • 4 Pages

    DD&H Consultants have been asked to assist in research related to the role of telehealth in today’s healthcare. Telehealth is the delivery of medical and general health services using telecommunications technology and may be the new world of healthcare in the future. The term telehealth encompasses the curative, preventative and promoting aspects of healthcare. It also includes the field of telemedicine, which is the more limited area of dealing with the curative part of health care. It includes any situation in which telecommunication is used in the medical field and can be as simple as a patient being able to look up test results via the internet, having a doctor’s appointment by way of a video call or a more complex situation such as one surgeon assisting another during an actual procedure by web cam. The possibilities are endless. The following report contains general descriptions of two different current telehealth programs, ECU and RCCHC, in part one, and then in part two, the answers to a few questions in order to understand the current status and possible issues with the adoption of telehealth today.…

    • 804 Words
    • 4 Pages
    Good Essays
  • Good Essays

    The author’s of this article are trying to find better ways to help our health care system by ways of technology and the hopes that providers will allow disruptive innovations be made by disruptive…

    • 708 Words
    • 3 Pages
    Good Essays
  • Better Essays

    Health care technology continues to change every day. Look back to many or several years ago how our information was stored at doctors’ offices. Due to the growth of the internet, the evolution of electronic medical records and electronic health records has dramatically changed how physician-client information is exchanged. In the past you could walk into the doctor’s office an see massive charts scattered around everywhere. The front person would check in you, answer phone and then have to search for your chart. Now she only has to enter your name in the computer and all of your medical history that is allowed to be there is there. Today most doctor offices, clinics and hospitals use multiple high-tech computers. Overall, it has been a big advancement in technology .And everyone has benefited from the advancement of technology, the ease of availability of laboratory results, and the electronic ability to refill medications during an office visit. Both parties involves now have the capacity to share important health information by either the internet or…

    • 1512 Words
    • 7 Pages
    Better Essays
  • Best Essays

    A few examples of terms commonly used to refer to telehealth are: telenursing, telecare, telemonitoring, telehomecare and telemedicine (Artinian, 2007). All of which are “the provision of clinical care at a distance through the use of electronic communication and information technologies” (Artinian, 2007, p. 25). Telehealth services can be offered at doctor’s offices, hospitals, and within the patient’s home. Through the use of telephones, video, computers, and other monitoring equipment patients have the capability of receiving expert quality medical care. It allows patients the ability to feel comfortable knowing a health professional is monitoring their illness regularly and not only between doctor…

    • 1513 Words
    • 7 Pages
    Best Essays
  • Best Essays

    Graetz, I., Reed, M., Rundall, T., Bellows, J., Brand, R., & Hsu, J. (2009). Care Coordination and Electronic Health Records: Connecting Clinicians. Retrieved from: http://www.ncbi.nlm.nih.gov/pmc/articles/PMC2815429…

    • 1748 Words
    • 7 Pages
    Best Essays
  • Good Essays

    Telehealth is transforming the healthcare system in the most effective and efficient way possible. For instance, it has enabled the distribution of information between healthcare providers who are separated within or by states. One of the strongest strengths of Telehealth is its ability to provide health care between the patient and their provider. A recent Wall Street Journal article states, “Telehealth also allows for better care in places where medical expertise is hard to come by.” Additionally, the convenience, cost-efficiency, and privacy assurance has impacted telehealth in a significant way.…

    • 327 Words
    • 2 Pages
    Good Essays
  • Better Essays

    Telehealth advancement is changing the way society perceive healthcare daily. What society is seeing in telehealth technology is a way to improve healthcare for those in need as well as a way to improve life (Brocks-Smith, 2012). The social and economic impact of telehealth technology presents an importance to quality of life for those with health care issues as well as a positive utilization of the health care system.…

    • 1311 Words
    • 6 Pages
    Better Essays
  • Good Essays

    American Well 2

    • 850 Words
    • 4 Pages

    Due to the proprietary Intellectual property and first mover advantage, the current business model of the American Well is fairly lucrative as they are able to earn significant upfront and recurring revenues from insurance companies. The one-time fee along with annual maintenance and hosting fees per addressable life recoups most of the associated costs for American Well. The prorated hourly earnings per transaction from patients also help them enjoy profitability. The value proposition of meeting supply and demand real time is appealing to insurance companies as the reimbursements to doctors is significantly cheaper than the actual visits to the hospital. Apart from the Schumpeterian innovation, the value also grows similar to Metcalfe’s law because it is subject to network effect (More PCP’s using the platform, more patients and vice versa)…

    • 850 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Critical Analysis Paper

    • 1316 Words
    • 6 Pages

    The author thinks that the patient-centric care should include the patient and her or his significant other. She thinks that their collaboration with health professionals will prompt the patients to take responsibility and desire to be involved in their own care and should facilitate care on both sides: patient is an active participant and the providers are paying attention to the needs of the patient. To support this Judy Murphy investigates four practices where technology can help support patient-centric care and help improve patient outcomes. The four practices are: eHealth, primary care, hospital care, and health information exchange (Murphy, 2011).…

    • 1316 Words
    • 6 Pages
    Powerful Essays
  • Better Essays

    Practitioners are helping to transformation healthcare. As I enter my new role, I plan to focus a large portion of my time on patient education. Treatment compliance is highly dependent on appropriate teaching. This will not only help optimize my patient’s current medical condition but their future well-being as well. Preventative education is the new wave of healthcare. So many medical issues can be prevented by identify potential risk factors early on and formulating a treatment plan to address them. In return, my patients will be healthier and their healthcare costs will be lower. I plan to incorporate innovative ways to encourage patient interaction and education. By utilizing current computer informatics into my practice, I will be able to reach more patients and families. It would allow me to set up educational classes or join in family members during a patient’s visit via the web. Not to mention, it would allow a collaborative conversation to occur with consulting physicians, to ensure the patient felt a team approach. As healthcare continues to evolve, I plan to evolve with…

    • 1101 Words
    • 5 Pages
    Better Essays
  • Good Essays

    Not only do advanced medical practices help patients heal correctly; new technology has also improved research so professionals can make healthcare even more efficient. Through technology doctors are easier to reach and better at their job. Technology has allowed doctors to access e-mail, texts, videos, and conference capabilities to confer with colleagues from all over the world. This practice, referred to as telemedicine, is specifically useful for doctors and patients in rural and under-developed areas. Without having to move patients, doctors can discuss with experts from all over the world to diagnose, treat, and research conditions without needing access to a high level hospital. Telemedicine was used successfully after the 2010 Haiti earthquake and will no doubt be refined for future…

    • 1269 Words
    • 6 Pages
    Good Essays
  • Good Essays

    AMERICAN WELL: THE DOCTOR WILL E-SEE YOU NOW 1. Which of the new market opportunities do you see as the most promising? Various market opportunities available for American Well are : Hospitals – Installing an online case kiosk in emergency room will allow patients to consult physicians’ online while waiting to be seen. Moreover, the physicians would already have preliminary information about the ailment of the patient, improving the hospital’s overall efficiency. It would also help the hospitals situated far-distance to improve their customer base as it improve them build relationships.  Retail Clinics – Most of the retail clinic in US are walk-in and do not have any waiting period. Moreover, there are already established Retail clinics which would make difficult for any new entrant in the market.  Pharmacy – By allowing pharmacists to use American Well platform, it would allow the patients to clarify all their queries. It would also save the customers from getting embarrassed to ask questions in front of other customers.  International expansion - Expanding to new markets would require extensive changes to American Well organizational structure depending on the government regulations and online transfers of health information. Also, Ido and Roy have had limited or no experience of doing business outside US. So, these decisions could be delayed for the time being. Looking into the advantages and disadvantages of various opportunities listed above, we feel that targeting the hospitals would be most promising.…

    • 1288 Words
    • 6 Pages
    Good Essays
  • Good Essays

    Realy Health is a company that has operated in the Health Care environment for several years. This organization has developed a platform whereby patients are able to communicate with their doctors on-line for consultations. (https://www.relayhealth.com/default.aspx). The adoption of this service has been slowly growing for many years but has not received widespread acceptance in the marketplace by physician groups although there are many benefits that can be discerned from the platform for patients, or employers who might employees who have doctors who are on such a platform. And, insurers such as Blue Cross and Cigna have also begun to accept that on-line visits are acceptable and are moving increasingly to reimbursing this approach. In spite of this growing trend less than 3% of the family physicians in the American Academy of Family practice report doing e-visits.(1)…

    • 519 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Health Care Innovations

    • 762 Words
    • 4 Pages

    Online health care can benefit patients because they do not have to leave their homes or offices in order to speak with a doctor about a condition and can get advice right there online or over the phone without having to wait in line and pay the costly office visit. Although this…

    • 762 Words
    • 4 Pages
    Good Essays