Insurance Coverage Hikes Telehealth Revenue But Takes Time For Approval

By Cara Smith / May 4, 2022 at 1:20 PM
BOSTON -- Telehealth platforms that accept insurance have higher revenue than those that require payment directly from consumers because insurance coverage caters to a larger patient population, but getting coverage approved under government and private plans can take up to a year and the lengthy process can strain new businesses. Alexandria Shalom, an associate at the law firm Foley & Lardner that specializes in health care, recommended telehealth providers pursuing insurers not sign up for every plan at once. “You...


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