Growing telemedicine provider Doctor on Demand has turned to former PayPal Chief Product Officer Hill Ferguson as its next CEO, the company said in a news release Thursday.
Ferguson will join Doctor on Demand on May 11, replacing CEO Adam Jackson.
Doctor on Demand said in the release that Ferguson was selected to take the company through its next stage of growth, which includes building a direct-to-consumer pipeline in addition to its marketing to employers.
Ferguson left PayPal in August after spending four years there, including leading PayPal's consumer business.
“Over the past three and a half years, Doctor On Demand has benefited dramatically from Adam's extraordinary product development skills, consumer marketing insights, and ability to build a great team,” said Jay McGraw, co-founder and chairman of the company's board.
The San Francisco-based company provides video visits with board-certified physicians, psychologists, and lactation consultants via smartphones, tablets and computers. Its customers include four of the Fortune 10 and other companies, including Comcast, the company said.
The company cited a forecast by research firm IHS that global telemedicine revenue would reach $4.5 billion by 2018, as well as a Towers Watson report projecting the 22% of employers today who offer telemedicine services to their employees would grow to 71% in next three years.
