Demystifying Franchise Ownership

#53-Healthcare Challenges for Franchisors: Telehealth May Provide a Solution

August 08, 2024 Kristine Givens

Part two of my interview with Larry Stout is now live!  In this episode, we continue our conversation, exploring the origins of his current venture, Optimal teleHealth, LLC.  Larry shares the story behind his company, which offers an alternative to traditional health insurance.

As a franchisee, Larry, like me, struggled with the high costs of offering competitive employee benefits like health insurance.   This challenge ultimately led him to create Optimal teleHealth, which offers virtual healthcare service bundles for a monthly membership fee and financial protection for major medical events.

Tune in now to learn more about the health insurance industry and how Optimal's business model works.

Larry, an entrepreneur with a highly successful 25 year corporate sales and marketing background in big ticket data processing products and services, transitioned to small business development in 2004 with a multi-unit investment in Massage Envy franchising, opening clinic #39 in the nation and eventually building five clinics over a seven year period.  Massage Envy grew to be one of the most successful franchise brands in America over the last two decades.  You'll find Larry on LinkedIn.

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