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Telemedicine Company Virtual Doctor Visits, Ios/android/web For Sale

Lewes, Delaware, US
Asking Price:
$2,400,000
Sales Revenue:
Under $100K
Cash Flow:
Under $50K

Very advanced full service telemedicine company packed with features and advanced functionality.

We spent the last four years in development to create a supreme telemedicine app which holds the functionality to digitize and dominate particular sub-segments of the medical and healthcare industry, in the same sense Uber captured market share from taxi companies.

Our mobile app functionality includes:
>Urgent care visits
>Lab testing referrals
>Insecurities based healthcare (hair regrowth prescription, sports medicine)
>Female care
>Chronic care
>Option to add online therapy consultations and other virtual mental health care

Extreme convenience of patient and doctor visits, taking healthcare right to your mobile phone. Boost revenue for doctors by allowing them to see more patients and make healthcare easily accessible and affordable to patients, without ever needing to physically go to the doctor.

Our primary business is Virtual care, online doctor consultations, lab testing, and e-prescriptions, all streamlined into a highly convenient mobile application. We believe our technology and features, as well as our online administrator portal, are substantially more advanced than leading competitors like Teladoc and others. In the age of convenience, medicine is quickly becoming digitized and it is estimated nearly 80% of Urgent Care visits ($46B Industry) can be completed remotely and online.

A one-stop-shop for all family healthcare needs.

On the Patient mobile application, patients can login, fill out their information and pay to have a virtual consultation and automatically pair in real-time with a doctor within their state or jurisdiction without ever having to go into the doctors office. Consultations are quick, taking less than 15 minutes to complete. Features also include Home-Care visits, long-term care, and more. After a visit concludes, a patient can review a doctor with 1–5 stars, similar to how an Uber passenger can review a driver, giving your organization the capacity to see performance metrics for providers.

Each patient account can have 4 Family Profiles within the same subscription, allowing tailored personal care for each member of the household under one main-account and subscription, similar to Amazon Prime. For instance, a parent can have 3 child profiles linked under the same account, switch profiles then see a doctor with that profile.

An important feature: We allow same-day delivery of prescribed medicine, fulfilled by our pharmacy partner closest to the patient. This means patients can take 15 minutes to see a doctor and have medicine delivered to their home within the next hour, without ever having to leave their home.

Additional functionality:
-Automated-generated PDF doctors note for work or school
-Patient health record and file all within the app, with visit history, previous prescriptions, and consult notes
-Same-day prescription medicine delivery to patients homes in major metropolitan areas
-Upload insurance cards, vaccine certificates and more within the patient file
-Patients can choose their preferred pharmacy if they prefer to pickup their medicine.

On the Doctors application, Doctors can login and go "online" to see patients, in the same way an Uber driver can login and begin taking rides. After or during a visit, a doctor can prescribe medicine, order lab tests, write a doctor note for work or school, view the patient file and previous visits, check health history, and more.

Additional functionality:
Same-day payouts and easy bank integration for doctors
-Automated 1099 reports sent yearly to all doctors
-Streamlined application process

Admin panel features:
-Streamlined and easy Admin Panel with internal features for staff and employees with visibly nice aesthetic and button icons for each feature, similar to a mobile app but on a web interface.
-4 tiers of access, with different permissions able to be assigned. For instance, customer service agents can be assigned and granted permission to respond to support tickets. Special staff can be assigned to approve or deny doctor applications. Others can be assigned to ban users or doctors from the platform or revoke access. Others can use the lookup tool for customer service needs or update patient account information, such as emails or phone numbers for support staff related tasks.
-Custom-built analytics platform of currently online users/doctors, number of current visits, etc.

We envision the future where all doctor offices enable our software to accept "walk-in" visits virtually, in the same way patients can walk into their offices physically.

Revenue Capture:
Company revenue is derived by taking a set percentage from each visit, or a flat fee. Either can be set by the owners.
We hold special exemption from payment processor Stripe to allow POS sales and accept credit cards worldwide for telemedicine services, allowing streamlined global expansion of the applications in multiple jurisdictions and countries.

Additionally, chronic-care recurring patients can subscribe on a monthly plan for lower doctor visit rates for a set subscription fee per month, already built into the apps.

Corporate Structure:
Our C-Corporation is located in Delaware, United States, and our IP is held in a Puerto Rico subsidiary LLC, which holds a special tax incentive decree with a rate of 4%.

We spent the last four years in development with our engineers creating a sophisticated code base and set of mobile applications, and it is time for a larger and more resourced entity to take the reins and deploy our technology internationally. 2 main developers can onboard the new ownership team, or you can keep them onboard at a set salary.

The company is pre-revenue. This is a perfect opportunity for the new owner to use the technology in their practices or scale the company globally.

Property Information

Location:

Delaware. Based Online. Transferable to new servers or transfer ownership of existing servers and credentials.

Premises Details:

Digitally, Hosting on digital ocean servers and AWS

Business Operation

Expansion Potential:

Global wherever stripe allows payments to be conducted (46+ countries).

Competition / Market:

Teledoc, publicly traded company.

Reasons for selling:

Too busy with other investments to properly scale and IPO this business.

Employees:
5
Years established:
2022

Other Information

Support & training:

6-12 months training. 5 engineer team with 2 critical to business. Can be let go or retained as needed.

Home based:
This business can be run from home.
Relocatable:
This business can be relocated.