These ForbesUnder30 founders just raised $15 million to make it easier to get a doctor’s appointment:
That frustration led him to join forces with Asif, and the two built the first iteration of NexHeath’s product, an online appointment system. The pair raised a $1.5 million seed round in October 2016 and were soon marketing its product to small and medium sized dentist’s and doctor’s offices, which had been largely ignored by bigger players, who mostly target large healthcare systems.
“For a lot of telehealth startups, the challenge is distribution and NexHealth has really cracked the nut there.”After the beginning of the Covid-19 pandemic, the company also accelerated a key offering: telemedicine. Though a new service since the pandemic, it caught on very quickly with NexHealth’s customers - nearly half of its customers are using the new capability, says Uddin.
Three months ago, the company launched yet another new service: payment processing. This is a separate offering from the messaging, appointment booking, telemedicine software, which providers can subscribe to as a bundled services at a flat monthly rate of $550. But it does offer its customers some key advantages by making it easy for patients to pay their bills by sending both notifications of payments owed and the ability to make payments using its software.
With the new round of capital, NexHealth intends to grow yet another part of its business: APIs. Developers who work for companies that produce medical apps and software are keen to be able to reduce friction and provide more reason for customers to use their services. This makes NexHealth an ideal platform, says Uddin.
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