Why OnDemand Visit’s Revenue Model is Better Than the Rest
So you’ve been considering using OnDemand Visit, Inc. to launch your telemedicine practice. You see that the platform allows you to connect directly with patients at any time and still provide effective care without working from an office. It is easy to set up and easy to manage, but is it easy to get paid? The answer is yes!
You can’t be blamed for wanting to know the financial benefit of incorporating telemedicine into your practice. This is how you make a living, after all. So rest assured that OnDemand Visit is your best option when “shopping” for the right telemedicine platform.
1) OnDemand Visit uses the Per Member Per Month Subscription Model
Most other telehealth companies like Doctor on Demand and MDLive use a pay-as-you-go model. While this is an enticing model for the patient looking to save a buck, it really doesn’t benefit the doctor or the patient! For one, the doctor only gets paid per visit, so they would really have to market themselves to get a consistent schedule going. Secondly, and most importantly, this model does not encourage the patient to keep up with regular check-ups and preventative exams, putting their health at risk.
With a Per Member Per Month (PMPM) like OnDemand Visit uses, the patient or employer pays a fixed monthly subscription rate. This means that the physician gets paid consistently whether they have seen hundreds of patients or only two patients in a month! This is steady revenue for the physician, and incentive for the patient to keep their health in check.
2) The More You Connect, The More You Collect
The PMPM model makes it easy for you to grow your subscribers. With a pay-per-visit model, you are constantly hustling to keep patients coming back, but with PMPM every subscriber is a secured source of income.
3) Easy to Pay, Easy to Get Paid
OnDemand Visit has a simple, yet secure, way to process payments. With the app, physicians can process cash and/or credit card payments with a built-in practice management solution, and even generate claims. They can also check the patient’s insurance eligibility for virtual visits in advance, so there are no surprises during the virtual checkout process.
If you’re on the fence about which telemedicine platform to choose, this should make your mind up. OnDemand Visit makes it easy for patients to have 24/7 access to care while making it easy to keep physicians in business.