Ex-Apple CEO John Sculley Bets on Web Healthcare With MDLive

Ex-Apple CEO John Sculley Bets on Web Healthcare With MDLive
Advertisement
Former Apple Inc chief executive, John Sculley, is betting that people will increasingly turn to the Internet for confidential counselling and routine medical care.

Sculley has an undisclosed stake and sits on the board of directors of Florida-based MDLive, a company that provides patients with remote access to a licensed physician. Sculley said he sees telemedicine and online mental health services "going mainstream" in coming years.

On Tuesday, MDLive acquired Silicon Valley-based startup Breakthrough Behavioral, expanding its portfolio of services to include life-coaching, behavioural health and add a network of mental health professionals. Financial terms were not disclosed.

On MDLive's mobile app and website, patients can consult a doctor for $49 per visit. MDLive claims its network of board certified physicians can treat a variety of ailments, such as allergies, infections and sports injuries.

Breakthrough's Web service helps patients in 10 states across the United States speak with a mental health professional on a secure video call. It provides an alternative to an in-person visit to the therapist's office.

Sculley, who was also president of PepsiCo, was influential in getting the deal done. In recent years, he has been making strategic investments in a range of health-technology startups, including MDLive and wearables company Misfit.

Telemedicine is increasingly perceived by employers and the government as a means to cut health costs, Sculley said. In addition, states have been requiring that private insurance plans cover telemedicine services.

A recent report from Towers Watson found that telemedicine could deliver more than $6 billion in annual health care savings to U.S. companies.

© Thomson Reuters 2014

Comments

For the latest tech news and reviews, follow Gadgets 360 on X, Facebook, WhatsApp, Threads and Google News. For the latest videos on gadgets and tech, subscribe to our YouTube channel. If you want to know everything about top influencers, follow our in-house Who'sThat360 on Instagram and YouTube.

Lenovo Vibe X2 'Sold Out'; Fresh Stock Expected Thursday on Flipkart
Video Games Taking Players to Increasingly Exotic Locales
Facebook Gadgets360 Twitter Share Tweet Snapchat LinkedIn Reddit Comment google-newsGoogle News

Advertisement

Follow Us
© Copyright Red Pixels Ventures Limited 2024. All rights reserved.
Trending Products »
Latest Tech News »