Teladoc Health, Inc., established in the United States, is an international telemedicine and virtual healthcare corporation. Primary services include AI and analytics, Telehealth, telehealth equipment, medical opinions, and licensable platform services. Teladoc Health provides on-demand remote medical treatment using phone and videoconferencing technologies, as well as mobile apps. However, it faces competition from the following companies:
#1. Sharecare
- Founded: October 7, 2010
- Headquarters: Atlanta, Georgia, United States
Need to know
Sharecare (https://www.sharecare.com) was established in 2010 by Jeff Arnold and Dr. Mehmet Oz. Sharecare originated as an interactive health question-and-answer platform, then grew its product and service offerings through in-house development and strategic acquisitions. Sharecare went public in July 2021 with a Nasdaq listing after merging with a special-purpose acquisition business.
It works in a similar way to Teladoc in that it provides consumers with individualized health information, programs, and resources by establishing an interactive social Q&A platform that allows users to ask, learn, and act on health and wellness concerns.
>>MORE: Top IKEA Competitors & Alternatives
#2. Amwell
- Founded: June 2006
- Headquarters: Boston, Massachusetts, United States
Need to know
Amwell (https://business.amwell.com) was established in 2006 by Ido Schoenberg and Roy Schoenberg. It was previously known as the “American well.” Amwell employs over 700 people and has garnered more than $500 million in funding from investors such as Anthem, Philips, Allianz, and Teva Pharmaceuticals, with the goal of linking patients to healthcare practitioners remotely. The company works with 55 health plans, which support over 36,000 employers and collectively represent over 80 million covered lives, as well as 240 of the country’s largest health systems, covering more than 2,000 hospitals in all 50 U.S. states. On March 9, 2020, American Well was renamed Amwell.
It’s a telemedicine startup that connects patients with doctors via secure video, similar to Teladoc. It offers subscription service to healthcare providers who want to bring their medical professionals online and system connectors allow clients to integrate telehealth into their existing processes.
>>MORE: Top Zendesk Competitors & Alternatives
#3. Betterhelp
- Founded: 2013
- Headquarters: Mountain View, California, United States
Need to know
Betterhelp (https://www.betterhelp.com) was established in 2013 by Alon Matas and Danny Bragonier. It was founded when Matas had personal difficulties in finding professional counseling services that fit his schedule, with the goal of assisting all individuals who face similar difficulties in obtaining professional counseling. BetterHelp provide online counseling services to customers and continued to maintain the brand name.
It delivers direct-to-consumer mental health services, similar to Teladoc. Web-based engagement, as well as phone and text contact, are used to deliver online counseling and therapy services.
>>MORE: Top SolarWinds Competitors & Alternatives
#4. Talkspace
- Founded: 2012
- Headquarters: New York City, United States
Need to know
Talkspace (https://www.talkspace.com) was established in 2012 by Roni and Oren Frank after a life-changing encounter in couples counseling that saved their marriage. Roni Frank found the benefits of psychotherapy so profound that she decided to acquire a master’s degree in psychoanalysis and psychotherapy in order to share them with others. Talkspace originated as a group therapy platform but has since expanded into an online psychotherapy service provided by professional therapists.
Similar to Teladoc, Talkspace customers can connect with qualified therapists via the website or the iOS and Android mobile apps. Users can communicate with their therapist via video, audio, and text messaging on the platform. Users may also have access to a number of 30-minute video conference sessions each month, depending on their plan.
>>MORE: Top Mixtiles Competitors & Alternatives
#5. GoodRx
- Founded: 2011
- Headquarters: Santa Monica, California, United States
Need to know
GoodRx (https://www.goodrx.com) was established in 2011 by Trevor Bezdek, Doug Hirsch, and Scott Marlette. As of December 2019, the platform allows anyone, regardless of insurance status, to speak with a doctor online and acquire a prescription for certain types of drugs for $20. Medical testing services are also available through the portal, with prices varying. In the United States, GoodRx monitors over 75,000 pharmacies. The website receives over fourteen million monthly visits. “Millions of individuals” had downloaded the GoodRx app as of February 25, 2020.
GoodRx, like Teladoc, has a telemedicine platform as well as a free website and mobile app that tracks prescription drug pricing in the US and offers free pharma coupons for medication reductions.
>>MORE: Top Zoominfo Competitors & Alternatives
#6. Doximity
- Founded: June 2010
- Headquarters: San Francisco, California, United States
Need to know
Doximity (https://www.doximity.com) was established in 2010 by Nate Gross, Jeff Tangney, and Shari Buck. By 2013, it had grown to become one of the largest networks for healthcare professionals in the United States, with roughly 10% of all doctors in the country as members. By the beginning of 2014, 40% of physicians in the United States had joined. Doximity, a professional network for physicians with telemedicine and scheduling capabilities, filed with the Securities and Exchange Commission on Friday to raise up to $100 million in an initial public offering in May 2021.
Like Teladoc, it provides curated medical news, telehealth tools, and case collaboration to its members. Physicians can video call their patients directly from their smartphones using this telemedicine tool.
>>MORE: Top Carmax Competitors & Alternatives
#7. HealthTap
- Founded: 2010
- Headquarters: Mountain View, California
Need to know
HealthTap (https://www.healthtap.com) was established in 2010 by Sean K. Mehra. HealthTap’s Medical Expert Network, which the firm characterized as the “biggest network of interactive, engaged physicians online,” began with U.S.-licensed OBGYN and pediatric experts. Avvo’s doctor listing and rating company was bought by HealthTap in November 2012. HealthTap bought DocPhin, a firm that makes accessing and reading medical research simpler for doctors, in March 2016. The New York Times, Forbes, and TIME have all featured HealthTap in their publications.
HealthTap, like Teladoc, provides online health services. HealthTap’s major offering is the opportunity to ask health inquiries for free online and on mobile devices. They also allow you to contact a doctor for a consultation through a video conference, phone call, or text chat immediately or by appointment. Peer review, which consists of clinicians evaluating one another and self-identifying their specialty, is also available on HealthTap.
>>MORE: Top Palantir Competitors & Alternatives
#8. Babylon Health
- Founded: 2013
- Headquarters: London, United Kingdom
Need to know
Babylon Health (https://www.babylonhealth.com) was established in 2013 by Ali Parsa. Babylon Health, originally Babylon Health Services Ltd., is owned by Babylon Holdings Limited, the company also owns Babylon Partners Limited. In 2014, Babylon Health Services Ltd. became the first service of its sort to be registered with the Care Quality Commission, England’s regulator and inspector of health care services. The startup established a partnership with Bupa in June 2018 to make the technology available to corporate clients. “Babylon by Telus Health” became online in Canada in March 2019.
Babylon Health, like Teladoc, offers healthcare services through their website or mobile apps for iOS and Android. Users may use numerous health monitoring tools, such as an activity tracker, obtain home blood-test kits, and examine general lifestyle and fitness questions, in addition to direct healthcare services.
>>MORE: Top Nvidia Competitors & Alternatives
#9. Magellan Health
- Founded: 1969
- Headquarters: Phoenix, Arizona, United States
Need to know
Magellian health (https://www.magellianhealth.com) was established in 1969 by Kenneth J. Fasola. The company originated as Charter Medical, a psychiatric hospital group based in Macon, Georgia. It relocated its headquarters to Atlanta in 1994 after emerging from bankruptcy. The company relocated to Green Spring’s former headquarters in Columbia, Maryland, in 1999. The company’s headquarters were relocated to Connecticut in 2004. The corporation relocated its headquarters from Connecticut to Arizona in 2014. Centene Corporation announced on January 4, 2021 that it would buy the firm for $2.2 billion.
Magellian, like Teladoc, is in the health sector. Specialized healthcare for specific populations, comprehensive pharmacy benefits, and other healthcare specialties. Magellan believes in using technology to access improved health while maintaining an emphasis on the important personal interactions that are required to live a healthy, full life.