Ted Spooner’s 22 years of broad experience in financial services, technology, digital entertainment and healthcare IT led him to co-found RespondWell in 2003. As Chairman and CEO, Ted led the company’s initial strategy for development of a new game category - fitness gaming, selling more than $80 million at retail in the global consumer fitness game category. Ted led the company’s transformation of the business, utilizing its assets for development of a Microsoft Kinect-based solution for physical therapy automation, making RespondWell the award-winning company it is today. He also leads the company's initiatives with clinical content partners such as Mary Free Bed, a leading post-acute rehab hospital and Cincinnati Children’s Hospital.
Ted was one of the pioneers of online banking, having founded Corrillian in 1997, an online banking software company with a mission to create a Microsoft-based, highly scalable transaction – processing platform to support emerging consumer and small business demand for online banking. Corillian was acquired by CheckFree Corp. for $245 million in 2007.
00:00 Ted discusses the difference between Telehealth and Telerehabilitation.
01:00 The Telehealth “umbrella.”
02:30 “Consumers have been using Telehealth for years and years, they just didn’t know what it was called.”
03:00 The Telehealth reimbursement code.
03:30 The blurring line between synchronous and asynchronous Telehealth.
10:00 Telehealth as the difference between getting care and not getting care.
11:00 Aftercare as a potential deciding factor for patients choosing a provider.
15:15 Telehealth as an aid to hospital discharges.
19:00 The Connect Motion Sensor and how it’s helping Telehealth and specifically Respondwell.
23:20 What Respondwell’s adherence tools look like from the backend.
28:50 “Without automation, how are we going to care for these people?”
29:30 You can find out more at Respondwell.com.