AMN Healthcare Introduces Televate™ Teletherapy Platform for Students K-12

Rhea-AI Summary

AMN Healthcare, the leading healthcare workforce solutions company, is launching Televate™, a new teletherapy platform for K-12 students. Set to debut in the 2024-2025 school year, Televate aims to increase access to therapy services in underserved areas. The platform offers unique features designed for high-quality therapy and evaluation services, including:

• Virtual therapy rooms
• Scheduling and document management
• Individual and group sessions
• Second camera integration
• Collaborative tools like whiteboard and greenscreen
• Integrated materials and assessments from leading publishers

AMN Healthcare will provide training to school districts and clinicians, and plans to make further enhancements based on user feedback throughout the school year.

Positive

• Introduction of Televate™, a new teletherapy platform for K-12 students
• Potential expansion of AMN Healthcare's market reach in the education sector
• Addressing the increasing need for school-based therapy services
• Offering unique features designed specifically for high-quality therapy and evaluation services

Negative

• None.

Insights

EdTech Specialist

AMN Healthcare's introduction of Televate™ marks a significant advancement in the EdTech sector, particularly in the realm of teletherapy for K-12 students. This platform addresses a critical gap in the market by offering a specialized solution for school-based therapy services, which is particularly timely given the increasing demand and access to therapists.

The platform's unique features, such as virtual therapy rooms, integrated scheduling and secure document management, set it apart from generic video conferencing tools currently used for teletherapy. The inclusion of collaborative tools like whiteboards and greenscreens demonstrates a deep understanding of the needs of both therapists and students in a virtual environment.

From a market perspective, Televate™ positions AMN Healthcare to capture a significant share of the growing teletherapy market in education. The platform's launch for the 2024-2025 school year is strategically timed to coincide with school districts' planning cycles, potentially leading to rapid adoption.

However, the success of Televate™ will largely depend on its ease of use, reliability and the quality of training provided to school districts and clinicians. The company's commitment to ongoing enhancements based on user feedback is a positive sign, but the initial rollout will be important in establishing the platform's reputation.

While this development is promising for AMN Healthcare's growth in the education sector, investors should monitor the platform's adoption rates and any potential regulatory challenges in the telehealth space for minors. The long-term impact on AMN Healthcare's revenue stream and market position will become clearer as the platform gains traction in the upcoming school year.

Healthcare Industry Analyst

The launch of Televate™ by AMN Healthcare represents a strategic move to diversify and strengthen its position in the healthcare workforce solutions market. This platform addresses the growing demand for teletherapy services in schools, a sector that has seen increased attention since the COVID-19 pandemic highlighted the importance of remote healthcare delivery.

From a business perspective, this initiative aligns well with AMN Healthcare's core competencies in healthcare staffing and technology solutions. By offering a specialized platform for school-based therapy, the company is effectively creating a new revenue stream while also enhancing its value proposition to existing clients in the education sector.

The timing of this launch is particularly noteworthy. With the platform set to debut in the 2024-2025 school year, AMN Healthcare is positioning itself to capitalize on the ongoing digital transformation in education and healthcare. This move could potentially lead to increased market share and improved profit margins in the long term, as software solutions typically offer higher margins compared to traditional staffing services.

However, investors should be aware of potential challenges. The education technology market is increasingly competitive and AMN Healthcare will need to demonstrate clear differentiation and value to stand out. Additionally, the success of Televate™ will depend on factors such as user adoption rates, regulatory compliance (particularly regarding student data privacy) and the platform's ability to deliver measurable improvements in therapy outcomes.

Overall, while this development presents significant opportunities for AMN Healthcare, it also introduces new operational and market risks that will require careful management. Investors should closely monitor the platform's performance metrics and adoption rates in its initial rollout to gauge its potential impact on the company's future growth and profitability.

New Technology to Expand Access to Therapy in High-Need Areas

DALLAS, July 30, 2024 (GLOBE NEWSWIRE) -- AMN Healthcare, the nation’s leading healthcare workforce solutions company, is introducing a new teletherapy platform designed to increase access to therapy services for students nationwide. “Televate™,” as the platform is called, allows school therapists, including psychologists, speech language pathologists and others, to conduct sessions in virtual therapy rooms, manage their scheduling, attendance, referrals and document uploads all in one secure location.

“The need for school-based therapy services is increasing, while access to therapists is limited,” said Kristin Martinez, M.A., CCC-SLP, Senior Director, Teletherapy with AMN Healthcare. “Televate offers an innovative way to expand access to individualized, essential services in underserved areas and other school districts where these services are urgently needed.”

While teletherapy now is available to some students, Televate offers unique features that create a new level of care, according to Martinez. Some current student teletherapy sessions take place on platforms designed for conference calls and webinars that were not developed to support high-quality therapy and evaluation services for children. Televate, by contrast, provides features designed to increase ease of student access, while engaging and empowering students to reach their developmental and academic goals, Martinez said.

These features include capacity for individual and group sessions, second camera integration, adjustable video feeds, and collaborative tools, including a whiteboard and greenscreen. In addition, clinicians can access a therapy room with integrated materials and assessments from leading publishers to meet standardized virtual evaluation requirements.

“Televate is a high-tech resource intended to achieve a high-touch outcome,” said Patrick O’Connor, President, School Solutions with AMN Healthcare. “It provides clinicians with everything they need to perform their jobs at an extremely high level, while allowing school districts to meet mandated therapy service requirements.”

Televate will be offered at the beginning of the 2024-2025 school year. Training on the platform will be provided to both school districts and clinicians staffed by AMN Healthcare. Throughout the school year, AMN Healthcare will partner with school districts and clinicians to make further enhancements to the platform if needed to better serve student needs.

For additional information about AMN Healthcare and its school staffing and technology services, visit https://www.amnhealthcare.com.

About AMN Healthcare  
AMN Healthcare is the leader and innovator in total talent solutions for healthcare organizations across the United States. Through a steadfast partnership approach, we solve the most pressing workforce challenges to enable better clinical outcomes and access to care. We provide a comprehensive network of quality healthcare professionals and deliver a fully integrated and customizable suite of workforce technologies.

Media Contact   Corporate Communications   AMN Healthcare   AMN-PR@amnhealthcare.com

Investor Contact   Randle Reece   Senior Director, Investor Relations & Strategy   AMN Healthcare   (866) 861-3229  ir@amnhealthcare.com

FAQ

When will AMN Healthcare's Televate™ teletherapy platform be available for K-12 students?

Televate™ will be offered at the beginning of the 2024-2025 school year.

What unique features does AMN Healthcare's Televate™ platform offer for teletherapy?

Televate™ offers virtual therapy rooms, scheduling management, individual and group sessions, second camera integration, collaborative tools like whiteboard and greenscreen, and integrated materials and assessments from leading publishers.

How does AMN Healthcare's Televate™ platform aim to address the need for school-based therapy services?

Televate™ aims to expand access to individualized, essential therapy services in underserved areas and school districts where these services are urgently needed.

Will AMN Healthcare (AMN) provide training for the Televate™ platform?

Yes, AMN Healthcare will provide training on the Televate™ platform to both school districts and clinicians staffed by the company.