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Heal (corporation)

From EverybodyWiki Bios & Wiki

Heal
File:Heal Corporation logo.jpeg
FormationOctober 10, 2014; 9 years ago (2014-10-10)
Legal statusActive
Location
  • United States
Membership
Required
Official language
English
Founder and Chief Executive Officer
Nick Desai
Founder and Chief Medical Officer
Dr. Renee Dua
Websiteheal.com

Heal was founded by Nick Desai and Dr. Renee Dua in October 2014. Heal enables doctors to perform house calls.[1][2]

History[edit]

Nick Desai and Dr. Renee Dua founded Heal in October 2014.[3]

February 2015 marked the first Heal house call, and a $12 million seed round of funding was completed.[4]

In 2016, Heal raised $26.9 million in Series A financing with participation from Breyer Capital, Hashtag One and Slow Ventures, along with Qualcomm's executive chairman, Paul Jacobs, and the chief executive of Skydance Media, David Ellison.[4] Shortly after, the company closed a Series B round of funding, including investment from Fidelity Management and Research, in the amount of $14.8 million.[4]  Bringing total funding to $69 million.[5]

By February 2017, Heal doctors had seen more than 16,000 patients.[6] Lionel Richie invested in Heal, partly as a result of his personal challenges with securing consistent healthcare while on tour.[7] Heal extended its service area from California to Washington DC, with plans to add additional markets in 2018.[8][9]

In 2018, Heal expanded to Sacramento, CA and Atlanta, GA and introduced Medicare coverage.[10]

At the 2018 Consumer Electronics Show, Heal introduced the WellBe device in partnership with Qualcomm to securely transmit individual patient healthcare data to their doctors and other healthcare providers.[11]

Payment and insurance[edit]

Heal house calls are covered by the following insurance providers: Aetna, Health Net of California, Anthem Blue Cross California, BlueShield California, Cigna, United Healthcare. Patients insured through these providers are charged the same co-pay for a house call as they would pay for an in-office doctor visit. Patients with other insurers or without insurance coverage are charged a flat fee of $99 for a doctor house call from Heal.[12][13][14] In Atlanta as of 2019, Aetna is the only insurance provider and the flat fee is $149 without insurance.[13] Since March 2015, Heal.com has performed over 60,000 house calls.[5]

References[edit]

  1. "Jeb Bush and ex-Qualcomm CEO Paul Jacobs join Heal's board". MedCity News. 2019-01-16. Retrieved 2019-02-13.
  2. Desapriya, Ediriweera (Winter 2019). "Characteristics of the modern-day physician house call". Journal of Medicine: 1–2.
  3. Ioannou, Lori (2017-03-05). "Lionel Richie and other investors bet on this Uber for health care". www.cnbc.com. Retrieved 2019-02-13.
  4. 4.0 4.1 4.2 "Bringing doctors to patients for on-demand house calls, Heal raises $26.9 million". TechCrunch. Retrieved 2019-02-13.
  5. 5.0 5.1 "Heal raises $20 million to let doctors make house calls". VentureBeat. 2018-05-22. Retrieved 2019-02-13.
  6. "Heal's on-demand doctors have made 16,000 patient house calls". VentureBeat. 2017-02-22. Retrieved 2019-02-13.
  7. Schawbel, Dan. "Lionel Richie: His Secret For Staying Healthy While Touring The World". Forbes. Retrieved 2019-02-13.
  8. "Doctor on Demand". Washington Post.
  9. Baum, Stephanie (2017-06-01). "Heal expands house call-on-demand service eastward with DC launch". MedCity News. Retrieved 2019-02-13.
  10. "Heal adds Jeb Bush to board". www.bizjournals.com. Retrieved 2019-02-13.
  11. "Heal launches Wellbe so doctors can always track your vitals". TechCrunch. Retrieved 2019-02-13.
  12. "Doctor House Calls Go High Tech As Heal Launches In Atlanta". Hypepotamus. 2019-01-15. Retrieved 2019-02-13.
  13. 13.0 13.1 Holly, Robert (2019-01-15). "Aetna, Heal Bring Doctor House Calls to Atlanta Market". Home Health Care News. Retrieved 2019-02-13.
  14. "Why One Startup Is Bringing Back the Doctor's House Call". Fortune. Retrieved 2019-02-13.


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