Elaborate

Elaborate

Verified
Health data delivery software for doctors. Learn more

Launch date
Employees
Market cap
-
Net debt
-
Enterprise valuation
$40—60m (Dealroom.co estimates Jan 2023.)
New York City New York (HQ)

Financials

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Recent News about Elaborate

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Elaborate is a health tech startup that aims to revolutionize the way patients interact with their lab results and health data. The company provides a platform that partners with doctors to deliver personalized, easy-to-understand reports summarizing lab results. This service is particularly beneficial for patients who want to stay informed about their health in real-time and have historical data to contextualize their results.

Elaborate operates in the healthcare technology market, focusing on both patients and healthcare providers. The platform uses a proprietary algorithm to highlight key insights from lab results, making it easier for patients to understand their health status. Additionally, the app offers real-time updates and in-app scheduling to discuss findings with doctors, ensuring that patients can take timely action based on their results.

The business model of Elaborate is likely subscription-based, where healthcare providers or patients pay a recurring fee to access the platform's services. This model ensures a steady revenue stream while providing continuous value to its users. The company makes money by offering a premium service that enhances the patient-doctor interaction, making healthcare more efficient and personalized.

In summary, Elaborate is a health tech startup that partners with doctors to provide personalized lab result reports, real-time updates, and in-app scheduling for consultations. It serves patients and healthcare providers in the healthcare technology market, using a subscription-based business model to generate revenue.

Keywords: Health tech, lab results, personalized reports, real-time updates, proprietary algorithm, patient-doctor interaction, healthcare providers, subscription model, historical data, in-app scheduling.