Founder of at-home primary care startup Heal steps down
Nick Desai, the co-founder and CEO of Heal, announced he would step down on Tuesday. Scott Vertrees, an advisor to the company, will become the company’s new CEO.
Nick Desai, the co-founder and CEO of Heal, announced he would step down on Tuesday. Scott Vertrees, an advisor to the company, will become the company’s new CEO.
In-home primary care startup Heal raised $100 million in funding, led by Humana. Heal plans to use the funds to expand into new markets and expand the breadth of services that it offers.
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The deal will provide the company's house-call service to members of a health plan operating as a joint venture between Sutter Health and Aetna.
Heal's acquisition of Doctors on Call underscores the consumerization trend in healthcare as consumers demand more convenience from their healthcare experiences.
The Los Angeles-based startup positions the new offering as building on the existing relationships between patients and physicians established through its house call model.
Los Angeles, California-based Heal recently expanded its service area to Atlanta through a partnership with insurer Aetna.
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Heal eventually want to cover everything from pre-birth services like lactation consulting, to vaccinations and immunizations and on through mental and sexual health as the child gets older.
Through a new integration with Apple Health Records, the company's physicians are able to access a patient's medical history with the Heal OnCall iPad app, speeding up the data sharing process and better informing decisions by the care team.
Last year, Heal raised back to back Series A and B rounds to support the company's expansion.
No sooner did Heal close a Series A round in October that it added another $14.8 million from Fidelity Management and Research Company. Here are a few things that make this move interesting.
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Tull Investment Group, one of its original investors, led the Series A round.
Dr. Drew Pinsky, better known for his talkshow Dr. Drew on HLN, has joined the board of advisers at Heal, an on-demand in-person house call service.
In addition to San Diego, Heal serves Los Angeles, Orange County, Silicon Valley, and San Francisco.
Among the services it hopes to add in the coming months are an in-home IV service and prescription delivery.
It strives to have a presence in 15 cities over the next 12 months. Dua said it expects to double its numbers to 20 by December.