Now, every week, many startups enter the medical field, claiming that they have completed tens of millions of dollars in several rounds of financing, or some large medical groups have become partners because they recognize the value platform behind some entrepreneurial projects.
"Health IT&CIO" communicated with the core members of these startups, and it was compiled by Artnetic Network to bring some inspiration to entrepreneurs through the behind-the-scenes stories of these medical startups.
1. Zeast Health: Provide personalized medical decisions for users
Headquartered in Chicago, Zest Health is a consumer-centric Internet healthcare company dedicated to providing effective, cost-effective medical decisions. In 2013, Zest's Smart Concierge, a personalized healthcare service app, was launched to provide users with personalized medical decision information. Its business philosophy is to treat healthcare as a consumer service that allows both parties to benefit more by providing services that suppliers can better meet their needs.
Zeast Health Financing Overview
Zest Health's APP development team consists of registered nurses, welfare specialists, and technical support staff who plan to continue raising funds to develop new features and expand Zest Health's team.
Ellis, head of Zest Health, believes that part of the reason for their success can be attributed to the company's thinking flexibility. When a company is solely committed to doing one thing, it may not be able to extend its products or services to the entire industry with a comprehensive mindset, so its development is limited. Companies that consider the long-term will acquire startups or their ideas, interoperate with internally developed technologies and solutions, and integrate into more powerful entities.
2, DispatchHealth: look at the industry pain points, to achieve doctors home service
Founded in 2013, DispatchHealth is comprised of a team of medical professionals with industry innovations designed to help patients and clinicians achieve the best medical experience. The company currently has 25 employees. The founder has more than 20 years of first-line medical service experience, experienced the time-consuming and inefficient of the current medical system, so the birth of DispatchHealth. It mainly uses mobile tools such as iPad to grasp the medical market outside the hospital wall and provide consumers with doctors' services. In early August, the company has completed seed round financing and received $3.6 million in investment.
With its unique perspective, DispatchHealth has its sights on the following industry pain points: 37% of emergency room visits are unnecessary; unnecessary visits cost a total of $4.4 billion per year; avoidable high-level ward admission costs per year More than $4 billion; the study found that the expansion of Medicaid has increased the number of emergency room visits by 40%; the current shortage of basic medical doctors has reached 50,000; 3.8 million of 911 vehicles are unnecessary.
DispatchHealth addresses the pain points of these industries through three efforts:
1) Provide high-quality, convenient on-site treatment services, and achieve better results;
2) Eliminate unnecessary hospital emergency treatment and reduce medical expenses;
3) It can improve the frequency of medical treatment for patients at risk and avoid unnecessary periodic acute care;
DispatchHealth's first consumer app is expected to go live in November, and they have signed a partnership agreement with a community agency that manages more than 1,000 residents in the Denver Metro area.
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