22 Aug Austin Telemedicine Start-Up Aims to Reduce Unnecessary Emergency Room Visits
The Austin telemedicine startup Remedy announced $10 million of Series A funding this week, which will go largely toward funding growth and expansion of the home healthcare service. Remedy provides on-demand urgent care visits at patients homes and remotely (and even bills to several major insurers). Remedy offers treatment from board-certified physicians, physician assistants, or advanced practice nurses and video conferencing can cost as little as $49—with some insurers not requiring a co-pay. Patients can book online and be seen via video chat or phone relatively quickly—within hours and sometimes minutes. According to the Austin American Statesman, “Remedy says its services reduce unnecessary emergency room visits and provide transparent pricing.” The company plans to put the money toward product development, hiring, and expansion. Read more about their model at the Austin American Statesman.