ZoomDoc, a doctor on demand service, is crowdfunding on Seedrs seeking £500,000 for a 19.99% stake in the company. ZoomDoc has set a pre-money valuation of £2,001,544 and, as it stands today, £283,724 has been committed by 84 investors.
Founded by practicing NHS GP, Dr. Kenny Livingstone, ZoomDoc, is a Healthtech service that allows users to instantly book a GP to arrive at their preferred location within the hour. ZoomDoc was created in response to the challenges being experienced by NHS and the shortage of doctors as frustrated patients may have to wait for weeks before they can be seen. On the other side of the equation, this market based service can provide an alternative source of income for doctors who need to supplement their NHS salary.
ZoomDoc says it is the only doctor on demand service designed and operated by general practitioners and offering only fully qualified GPs working within NHS practices throughout the UK.
The Uberization of Health Care
The app kicked off with a soft-launch in March 2017 and currently has around 2,000 registered users. ZoomDoc. Home visits start at £99 and a phone consultation starts at £25. According to their web site, the services provided include medical assessment, clinical examination, diagnoses, prescriptions and referral letters. Referral to private hospitals or acutely to NHS specialists (if indicated). Sick notes can also be supplied if required. If you need to see a doctor now and prefer to have one come to your home this may be the best option.
ZoomDoc’s will use any new funding raised to recruit further staff (IE Doctors), boost marketing and expand into other regions in the UK.
“Having been built and run by GPs who are passionate about delivering great care, ZoomDoc offers both GPs and patients the latest and most compelling proposition in the market,” says Dr. Livingstone. “With our Seedrs campaign, we hope to secure the funding to provide us the capital we need to build further in terms of expanding tech and marketing support – so please fund the most comprehensive and efficient GP platform available.”
Livingstone has put together an interesting management team including three non-executive directors; Paul Landau, the founder and former CEO of Fitbug, Julian Harrison, Co-Founder of Pharmacy2U, UK’s leading NHS approved online pharmacy and Ben Doltis the founder of SJB Group, a global resourcing company specializing in GP recruitment.
“Our goal is to help people who need it the most: frustrated patients who have to wait for weeks to see a doctor about their present ailment,” adds Livingstone. “We know there’s a palpable need for innovation in the state and quality of healthcare, and the time is beyond ripe for alternative models of primary care to take off.”
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