Home Teladoc's 2012 Strategic Narrative: Five Pillars Behind the First IPO in Online Consultation

Teladoc's 2012 Strategic Narrative: Five Pillars Behind the First IPO in Online Consultation

Jul 17, 2015 08:12 CST Updated 08:12



Note,This is a video from three years ago, that is, 2012.

That was the year,TELADOCProduced a promotional video telling their story of internet healthcare.

At that time, internet healthcare in China had not yet gained popularity.TELADOCGoing public still feels quite distant.

Looking back now,TELADOCWhat strategic path was charted three years ago, and how did it lead to the pinnacle of success?

The title is very colloquial,JustTELADOCFive Reasons for Success.

Reason 1:Teladoc is a product of the times, addressing the pain points of difficult and expensive access to medical care. (Why does this sound so familiar!)

0


Reason 2:Due to healthcare insurance reforms, 30 million people will be newly covered by medical insurance. (In China, commercial insurers are poised for action.)

0 (5)


Reason 3:Cost Savings! Teladoc has a major client with 12,000 employees, all of whom use Teladoc, resulting in annual savings of over $500,000. (The cost-saving aspect speaks for itself; the key takeaway is the enterprise client model.)

0 (4)


Reason 4:Comprehensive collaboration with insurance companies, integrating all types of insurers. (Insurance companies are indeed the golden partner of internet healthcare.)

0 (2)


▶Reason 5:Professional! In addition to the essential professional credentials required of physicians, Teladoc also mandates that doctors on its platform undergo a review by the National Committee for Quality Assurance (NCQA) every three years, which is reportedly very stringent.

0 (1)


Let’s now examine how Teladoc has crafted its narrative over the past three years. As China’s internet healthcare sector has rapidly gained momentum, many uncharted paths still remain to be explored. Teladoc’s journey in conquering the market offers valuable lessons for reference.