In a program on Bloomberg, Better Co-Founder Geoffrey Clapp discussed some of the aspects of Google Inc (NASDAQ:GOOGL)’s new healthcare initiative according to which, the company will work with doctors on a joint program after which, the users will be able to talk to expert doctors about anything related to health and medicine. Some of the users in the US spotted an option to live Google Hangouts with doctors when they searched for specific medical problems.
Clapp thinks that his company and Google Inc (NASDAQ:GOOGL) are working in somewhat similar stream in the medical field.
“[…] We work across the whole spectrum of the healthcare needs including some of the administrative stuff, and right now they are focusing on purely symptoms management […],” said Clapp.
Clapp thinks that Google Inc (NASDAQ:GOOGL)’s latest initiative regarding live chat of users and doctors is very useful as it will help medical companies to mine out the problems related to legislation. Doctors face many problems while trying to help patients online and making remote prescription. Google Inc (NASDAQ:GOOGL) being the technology giant today will help these small initiatives to work with their patients smoothly.
Answering the question about deteriorating quality of telemedicine and symptom articles online, Clapp said that Google Inc (NASDAQ:GOOGL)’s search engine is full of low quality articles that are text based. He thinks that by introducing one on one live collaborative services like Google Inc (NASDAQ:GOOGL) Hangouts for medicine, things will improve. He disagreed with the notion that modern doctors don’t use technology for connecting with their patients. Payment methods and security are some of the problems that take doctors away from general help initiatives online.
According to Clapp, Google Inc (NASDAQ:GOOGL)’s jump into telemedicine will create a completely new market place that will eventually bring benefits for patients around the globe.
David Tepper’s Appaloosa Management Lp hold around 600,000 Google Inc (NASDAQ:GOOGL) shares.