MedRespond
An online healthcare communications company that combines artificial intelligence, search and streaming media so that health care enterprises can provide interactive, personalized, relevant and inexpensive communication solutions for their customers, patients, and clients.
| Date | Investors | Amount | Round |
|---|---|---|---|
| investor | €0.0 | round | |
| N/A | €0.0 | round | |
| investor | €0.0 | round | |
| investor | €0.0 | round | |
| N/A | $50.0k | Seed | |
| Total Funding | 000k | ||
| USD | 2021 | 2022 | 2023 |
|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 |
| EBITDA | 0000 | 0000 | 0000 |
| Profit | 0000 | 0000 | 0000 |
| EV | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 |
Source: Dealroom estimates
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MedRespond, LLC is a healthcare information technology company specializing in conversational patient engagement tools. The company operates in the healthcare sector, providing cloud-based software solutions that enhance patient engagement, streamline healthcare communications, and optimize patient satisfaction. MedRespond's core product allows patients to interact with virtual healthcare experts through video, offering real-time answers, important reminders, and creating a community for patients. This approach not only improves the patient experience but also reduces post-discharge medical expenses significantly. The company's business model is based on a subscription service, where healthcare providers pay for access to the platform. MedRespond primarily serves hospitals, clinics, and other healthcare providers looking to improve patient outcomes and satisfaction. The market for patient engagement solutions is growing, driven by the increasing focus on patient-centered care and the need for cost-effective healthcare solutions. MedRespond generates revenue through subscription fees and potentially through customized solutions for larger healthcare systems. The company is led by Ginny Pribanic, a seasoned entrepreneur with extensive experience in various industries, including healthcare, marketing, and information systems.
Keywords: patient engagement, healthcare communication, cloud tools, virtual healthcare, real-time answers, patient satisfaction, cost-effective, subscription service, healthcare providers, video interaction.
