25% of $1 Trillon is Available To Be Saved Every Year
The estimated cost of waste in the us health care system ranged from $760 billion to $935 billion, accounting for approximately 25% of total health care spending.
JAMA 2019 waste in the us health care system: estimated costs and potential for savings.
To deliver effective, accessible primary care and socially responsive health service to underserved patients that lowers payor costs while improving outcomes through better value-based care.
Telehealth Will Not Solve It
- Telehealth is an OK business model not worthy of a SaaS / disruptive tech multiple
- Essentially a glorified call-center with 0 patents
- At scale competitors offering largely undifferentiable product
- Little to no pricing power and low switching costs