
Ep 33: The Dirty Truth About Telehealth Therapy & The Rise of Venture Capital
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About this listen
In this episode of the Personality Couch Podcast, I (licensed clinical psychologist, Doc Bok) take a different approach and lean into the clinical practice part of this podcast. I spill the tea on significant changes in the healthcare landscape, particularly focusing on the rise of telehealth and the influence of venture capital-backed mega telehealth companies. I highlight the conflicts of interest with wealthy investors, ethical and privacy concerns, and market consolidation that threaten the integrity of mental health care and private practice as we know it. This episode emphasizes the importance of patient and clinician awareness, and I provide actionable steps to navigate the evolving healthcare environment.
📝Let me know your feedback on this "tea spilling episode!" https://www.personalitycouch.com/#contact
👩💼Are you a clinician stuck on the business side of private practice? To schedule a consultation, please visit the practice website! https://www.questpsych.org/
Chapters 00:00 Healthcare Changes Post Pandemic 03:24 What is a Venture Capital Company? 04:13 How Venture Capital Telehealth is Different From Private Practice 05:29 Meet the Telehealth Companies’ Investors 08:02 Conflicts of Interest for Investors 09:52 Privacy Concerns 12:19 Ethical Concerns 14:28 Market Consolidation 19:02 Vertical Integration 20:09 Therapists’ Stories & Lawsuits 23:12 What Can Patients Do? 24:08 What Can Clinicians Do?