Concierge medicine isn't just for the rich anymore,Landlady’s Loose Legs and the app Heal has raised $26.9 million to prove it.
The startup, which looks to eliminate wasted time and money in healthcare through on-demand, at-home doctor's visits, announced its first major funding round on Tuesday.
SEE ALSO: Apple's push into healthcare now includes Apple Watch dataHeal says its platform is a long-term solution to problems in healthcare — not an alternative when the doctor's office is closed.
"We want to be your family doctor," Heal CEO Nick Desai told Mashable. "This is not something just to use on weekends."
Heal connects patients to primary care doctors through an app and website. Patients can request a doctor for that day for sickness and injuries, a regular physical, flu shots or other needs.
Heal accepts insurance and charges a typical co-pay for customers with Blue Shield, Anthem, Cigna, Aetna and United Healthcare. Other customers pay a $99 flat fee. The company expects to accept Medicare by November.
The round was led by Tull Investment Group with participation from Breyer Capital, Slow Ventures, HashtagOne and David Ellison. Earlier investors included Pritzker Group Venture Capital and Lionel Richie.
SEE ALSO: This startup says it can save you thousands in medical billsHeal is able to bring down the traditionally exorbitant costs of concierge medicine since the platform doesn't have the overhead of a traditional doctor's office. In that way, the company is the next example of the gig economy, as applied to healthcare.
But the doctors who show up on patients' doorsteps when requested through the Heal app are mainly employees of the company's medical corporation, although some are long-term contractors. Their specialized skill is one reason Heal, unlike tech companies that use contractors without a similar skill level, has been encouraged to provide full-time employment and benefits.
The company said that most Heal doctors are three to seven years into their practice and attracted to Heal for its flexibility in hours or less hectic approach to primary care. They work primarily with Heal, not with another practice, and can choose their hours from 8 a.m. to 8 p.m., seven days a week.
SEE ALSO: Do you really need expensive health insurance?Heal launched in California a year ago, and in that time has hired 60 doctors and completed 11,500 patient visits. The company is still limited to California, but looking to launch in six to eight new markets this year, Desai said.
Heal's approach to medicine has helped attract a diverse group of investors who have contributed $40 million in total to the company since its seed round.
"It's the kind of product everyone wants to work. Everyone needs to go to the doctor's office and everyone hates going to the doctor's office," Desai said. "It's an intuitive appeal in that sense."
What We’re Loving: Atomic Weapons, Augustus, Ang LeeThe Morning News Roundup for July 28, 2014The Morning News Roundup for Monday, August 25, 2014A Practical Handbook on the Distillation of Alcohol from Farm ProductsRobert Stone, Tabloid WriterIf You See SomethingIncident / ResurrectionLes Combats ModernesIs This the End for Silly Putty?What We See When We ReadThe Morning News Roundup for August 4, 2014I’ve Got a SecretStill Slacking After All These YearsThe Morning News Roundup for August 14, 2014A Lack of ChemistryField of DreamsThe Perfect Beach ReadThe Best MedicineThe Morning News Roundup for July 31, 2014I Remember Georges Perec Singles don't want to date non Let's all start preparing emotionally for President Kid Rock TikTok will let creators link to merch directly in videos Tinder offers that procrastinating couple a dream trip to ensure they actually get together New Twitter feature to answer the question: 'why is this trending?' Google Doodle honours Harold Moody, founder of the UK's first civil rights movement Andy Daly shares what it was like playing Ben Franklin on 'The Office' Tape emerges of Shia LaBeouf making racist comments towards police Naomi Osaka honors Breonna Taylor during US Open match The Galaxy Z Fold 2 is everything the first Fold should've been 12 unexpected ways algorithms control your life Dave Grohl is in an adorable remote drum battle with a 10 It looks like Whole Foods, but it's Amazon's first online JBL updates its portable speakers with fresh look and USB Hubble captures the remains of a dead star, a gorgeous orange ribbon 6 weird facts about the dude who connected Trump Jr. with the Russians Here are the emails that Donald Trump Jr. didn't want you to see Twitter's 'Quote Tweet' changes make sussing out online drama easier Modder makes a portable Wii out of the body of a GameBoy Color U.S. Census ends soon. Here's how to respond and why it's important.
2.2924s , 10133.421875 kb
Copyright © 2025 Powered by 【Landlady’s Loose Legs】,Unobstructed Information Network