As both a business owner and an investor in the digital health sector, I believe this shift is being fueled by three factors.
Digital health startups are meeting these demands by helping employers take an active role in providing their workforce with access to care, including onsite medical clinics and offering mobile-first primary care.
For example, my company, Convene, has partnered with Eden Health, which uses a hybrid health care model to deliver a seamless experience between the virtual “front door” of telehealth and in-person medical care.
As an investor, I’m interested in disruptors who offer a better solution to the pervasive problems facing the nation’s health care system.
Instead of outsourcing to large insurance companies such as Oxford, Cigna or Blue Cross Blue Shield, self-insured employers are choosing from a new wave of modern health plans that meet the specific needs of their workforce with specialty providers and incentives that can serve all employees and their dependents.
For example, Flume Health, a technology-enabled health plan administrator I’m an early investor in, is focused on helping to design and manage these plans better.
Ryan Simonetti is the CEO and co-founder of Convene, the premium work experience platform with 23 meeting, event and workplace locations—including virtual and hybrid solutions.