Goodoc

Goodoc

Korean smartphone app providing medical services such as information on doctors, their rates, contact numbers.

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Financials

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Revenues, earnings & profits over time
USD2019202020222023
Revenues0000000000000000
% growth-3 %-59 %
EBITDA0000000000000000
Profit0000000000000000
EV0000000000000000
EV / revenue00.0x00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x00.0x
R&D budget0000000000000000

Source: Dealroom estimates

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More about Goodoc
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Goodoc, a prominent player in the South Korean digital healthcare market, was established to bridge the informational gap between patients and medical providers. Founded in 2012 by Lim Jin-seok, the company has evolved significantly, aiming to make healthcare more accessible and convenient for everyone. Initially, Goodoc focused on providing a platform for searching and booking hospital and pharmacy appointments, a service that attracted a substantial user base, reaching over 12 million downloads and 1 million monthly active users.

The company's business model revolves around creating a comprehensive healthcare ecosystem. It generates revenue through several streams, including partnerships with hospitals and pharmacies that utilize its platform for patient engagement and management. Goodoc offers services that allow users to find nearby medical facilities, book appointments, and receive non-face-to-face medical consultations and e-prescriptions. This telehealth service became particularly crucial during the COVID-19 pandemic, cementing Goodoc's position in the market. The platform serves the general public in South Korea, offering a streamlined process for managing their healthcare needs from their mobile devices.

Goodoc's service portfolio has expanded to include features beyond simple appointment booking. The platform now incorporates telemedicine, e-prescription delivery, and a function to search for open clinics and pharmacies, even on weekends and holidays. Through a strategic merger with M-Care in 2022, a company specializing in patient-facing mobile services for major hospitals, Goodoc has integrated post-treatment services. This allows users to manage their entire medical journey, from initial consultation to post-treatment care and insurance claims, all within a single application. This integration represents the company's shift towards providing personalized care, positioning itself as a 'digital personal doctor' for its users.

Keywords: digital healthcare, telehealth, medical booking, South Korea, e-prescription, health-tech, patient management, hospital search, medical information, M-Care

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