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Freemark Abbey

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I participated in Teladoc’s webinar, “Behavioral Health Goes Virtual.” This webinar begins to ramp up Teladoc’s push for virtual behavioral health visits with psychologist, psychiatrists, and other licensed therapists. They are transforming their access to care through enhanced programs like behavioral health, dermatology, and tobacco cessation. They began the webinar by presenting a need for a more comprehensive behavioral health solution. According to their studies, over 240 billion dollars was spent last year by the U.S. system on behavioral health issues and 45% of those untreated cited cost as a major barrier to care. Only 41% of adults with a mental health condition received health services in the past year. Teladoc plans to capture some of these people untreated by offering convenient access to quality care they can trust. The ROI proposition that they presented is that their services will lower overall costs for healthcare by being more accurate in diagnosing behavioral health issues and providing more effective care that will result in happy and healthier employees. Their studies show that depression leads to lost productivity and employees loose an average of 9.9 annual sick days due to depression. More tele-behavioral providers means a better ability to serve more people in need.
A total of 818 tele-behavioral providers will be participating on Teladoc’s behavioral platform. This includes 119 Psychiatrists, 109 Psychologists, and 590 Masters-level therapists. It will take approximately 48 hours to get an approval from the provider once a member requests an appointment. They compare that to a 6 weeks – 3 months average time frame it takes to make an appointment with a traditional behavioral health specialist. They emphasize that they are not a crisis service. The pricing for a psychotherapy consultation is 160$ diagnostic visit and approximately 90$

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