Grapefruit Health
Addressing healthcare's workforce shortage by utilizing clinical students for cost-effective social care at scale.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor | €0.0 | round |
| investor | €0.0 | round | |
| investor | €0.0 | round | |
| investor | €0.0 | round | |
| investor | €0.0 | round | |
| investor investor investor investor investor | €0.0 | round | |
| investor investor investor investor | €0.0 | round | |
* | N/A | $1.3m | Seed |
| Total Funding | 000k | ||
| USD | 2022 | 2023 |
|---|---|---|
| Revenues | 0000 | 0000 |
| % growth | - | 153 % |
| EBITDA | 0000 | 0000 |
| Profit | 0000 | 0000 |
| EV | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 |
Source: Dealroom estimates
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Grapefruit Health is a pioneering startup in the telehealth industry, focusing on providing outsourced telephonic healthcare services. The company leverages a unique workforce composed of clinical students, offering a cost-effective solution for healthcare organizations. Grapefruit Health's primary mission is to enable healthcare teams to maximize their efficiency and deliver superior patient care by allowing clinicians to focus on high-priority tasks while students handle lower acuity, high-volume patient interactions.
The business operates in the healthcare market, specifically targeting healthcare organizations responsible for patient care, such as hospitals, clinics, and other medical facilities. Grapefruit Health's clients benefit from increased workforce capacity, reduced administrative burdens, and lower costs associated with patient outreach.
The company's business model revolves around recruiting and training clinical students to perform telephonic interactions. These students gain valuable hands-on experience and earn money while working. Grapefruit Health ensures the quality of care by collaborating with client teams to develop training programs and monitoring student performance through clinical staff oversight.
Grapefruit Health generates revenue through a success-based pricing model, which means clients pay based on the successful completion of patient interactions. This model not only reduces costs for healthcare organizations but also aligns the company's incentives with the quality of service provided.
In summary, Grapefruit Health addresses the workforce shortage in healthcare by providing a scalable, cost-effective telehealth solution through the innovative use of clinical students. This approach allows healthcare providers to focus on delivering high-quality care while reducing operational costs.
Keywords: Telehealth, Clinical Students, Healthcare Workforce, Patient Outreach, Cost-effective, Training Programs, Quality Care, Success-based Pricing, Healthcare Organizations, Workforce Capacity.