Invent Health with Dr. Archana Dubey and Bambi Francisco Roizen; Episode 12
Invent Health’s weekly podcast with Dr. Archana Dubey and Bambi Francisco Roizen is the only weekly podcast that breaks down the week’s latest digital health news and what it means to patients, providers, and payers (or the payers). It also gives you an in-depth look at a specific topic to help listeners understand how innovation is changing the healthcare paradigm. In-Depth This Week: Primary Care.
First off, congratulations to Archana on becoming HP’s Chief Medical Officer. She was previously Global Medical Director.
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In the following week the two analyze the move from Peloton to health care. Last week, it partnered with UnitedHealthcare to offer free subscriptions to 4 million United members. This follows the launch of its corporate wellness division of Peloton last month. Mental health provider Ginger is entering the teen market. Another group of medical providers that mandate COVID-19 requirements. The two don’t think those mandates will get very far, especially if someone has a side effect from the vaccine. The second quarter is another huge multi-billion dollar investment period as $ 6.2 billion has been invested in digital health. Take one more deep dive into basic services by looking at the many different actors organized in this Vator article, authored by Steve Loeb, titled Startups and Newcomers Disrupting Basic Services.
They talk about which companies are really creating “primary care” focused on nursing, or which companies are focusing on transactions. The first in-person clinics seem to focus on nursing, while the direct customer companies like Ro and Hims & Hers focus on the easier and faster pill dispensing transactions. And while many of the approaches are different, and for the most part emergency care, given the on-demand use of these sites, they are all moving towards primary care where a person has a relationship with a doctor. In this model, the company has a recurring relationship with the consumer. The early model (a la Teladoc) consisted of aggregating doctors and establishing telemedicine. Now the industry is seeing the emergence of more AI-powered emergency care. They will collide at some point. The question is, will the physicians’ aggregators win against the AI-urgent care providers?