CampusMD Launches Affordable, On-Demand Telehealth Service for College Students
Successful Fall 2012 Beta Test Forms Learning Foundation for New Service
BETHESDA, Md., Jan. 14, 2013 /PRNewswire/ -- CampusMD announced today that it is launching a nationwide telehealth service available either directly to students and their parents or through wholesale arrangements with partner colleges and universities. The company currently has partnerships with four institutions and is in active discussions with other schools. CampusMD provides college students with 24/7/365 mobile access to U.S.-licensed physicians, and is the only service of its kind that relies exclusively on physicians to provide care.
The announcement was made by Devin Schain, CampusMD's CEO and a successful entrepreneur who has launched a variety of businesses serving the higher education market.
"CampusMD complements on-campus health services with immediate, affordable, integrated care," said Schain. "Participating students have around-the-clock access to doctors who can treat more than 500 common conditions as effectively as with an office visit, but at a fraction of the cost. Institutions can extend their health service's hours without incurring infrastructure or personnel costs. And parents gain peace of mind knowing their children will be cared for while they are away from home."
Students or their parents can purchase a CampusMD membership that includes unlimited access by phone or the Internet to a doctor for information, consultation and diagnosis, including prescriptions with a discount card, for $17.95 per month or for one annual payment of $199.95. There are no exclusions, copayments or deductibles, and students do not need health insurance to use the service. Alternatively, institutions can purchase coverage for their entire student body on a wholesale basis.
According to a U.S. Government Accountability Office (GAO) study, an estimated 20% of college students ages 18-23 are uninsured and a much larger number are underinsured. Said Schain, "CampusMD bridges the gap between institutional mandates to cover more students and the financial capabilities of the student body. It's the right solution at the right time."
The CampusMD Advisory Board includes Kevin Kelleher, M.D., a board-certified family physician and founder of Executive Healthcare Services (EHS); and Larry Moneta, Ed. D., vice president, student affairs, Duke University.
Underwritten by HealthNation, CampusMD provides participating students with 24/7 mobile access to U.S.-based, licensed physicians via phone, online video and secure email. Students can connect with a doctor anytime from anywhere for the diagnosis and treatment of common conditions and, where appropriate, obtain prescriptions.
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