InfiniteMD
InfiniteMD connects patients to the healthcare specialists in the US for second opinion video consultations.
| Date | Investors | Amount | Round |
|---|---|---|---|
| N/A | €0.0 | round | |
| N/A | €0.0 | round | |
| N/A | €0.0 | round | |
N/A | Acquisition | ||
| Total Funding | 000k | ||
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InfiniteMD operates as a virtual expert medical opinion platform, connecting patients globally with elite physicians in the United States for remote consultations. The company was established in 2015 by a team that included Babak Movassaghi, Christopher Lee, and Liz Kwo, who brought together expertise from Harvard Medical School and MIT. The founders' goal was to leverage technology to provide broad access to leading medical specialists for guidance on serious and complex conditions.
The firm's proprietary platform facilitates the entire consultation process, from the intake, translation, and summarization of medical records to the final delivery of a second opinion. Patients can interact with specialists through various modalities, including written reports, live video consultations, and team-based multidisciplinary video conferences. The service is designed to handle cases from around the world, with capabilities for medical interpretation and translation. InfiniteMD's network includes over 2,400 physicians affiliated with top-tier institutions, such as Harvard Medical School-affiliated hospitals. The business primarily generates revenue by offering its services to employers and health plans, which in turn provide it as a benefit to their members. Initially focused on international patients, the company shifted to serve the U.S. market, which now accounts for the majority of its cases.
A significant milestone in the company’s history was its acquisition by ConsumerMedical in August 2020. This transaction was preceded by a strategic partnership and equity investment from ConsumerMedical in early 2020 and was aimed at creating a more integrated and comprehensive virtual care offering. Following this, in 2021, ConsumerMedical, along with InfiniteMD, was acquired by Alight Solutions (NYSE: ALIT), a provider of digital human capital and business solutions, further integrating the expert opinion service into a broader employee benefits platform.
Keywords: expert medical opinion, second opinion, virtual consultation, telehealth, remote medicine, physician access, medical advocacy, complex illness, specialty care, Harvard physicians, multidisciplinary collaboration, case management platform, digital health, employee benefits, health plans, global healthcare, medical record summarization, video consultation, ConsumerMedical, Alight Solutions