Mobile Commerce

‘Uber For Health Care’ Gets Funded

In the fast-growing, service-on-demand industry, can health care be left far behind? Well, not anymore.

Uber’s cofounder, Oscar Salazar, has raised $14 million to expand his new health care venture Pager, a doctor-on-demand service, which is currently serving New York City and soon plans to expand to San Francisco and Los Angeles.

The investment money has been raised from Ashton Kutcher-owned Sound Ventures, New Enterprise Associates, Goodwater Capital, Lux Capital and Montage Ventures, according to Forbes.

The new app-based service, which promises a doctor’s visit within two hours of a request, charges $50 for an urgent care visit and $200 for any visits after that, $100 for a physical and $25 for a phone consultation. The service is currently being offered out of any insurance network.

“Pager is focused on delivering a broader range of care options on demand” than exist today, Pager’s CEO Gaspard de Dreuzy told Forbes. “It could be a tele-consult via phone or messaging or an in-person visit in the home or a referral to the right specialist. We like to think of ourselves as the Amazon for health care.”

The on-demand service might aspire to be the Amazon of health care, but its business model is certainly built up more in an Uber-like style.

The service locates and verifies doctors in its network and automatically bills the patient’s credit card associated with the Pager account. Just like Uber’s five-minute cancellation policy, which charges app users for canceling past five minutes of ordering, Pager charges a $10 cancellation fee for canceling an appointment more than five minutes after requesting it.

While Pager might be yet another on-demand service in the market, it is also an addition to Salazar’s growing list of Uber-like companies trying to disrupt various industries.

“I don’t build companies. I help people build companies,” he said. “It’s part of my strategy to work with companies like Uber because I can do my job faster, and I want to have value to add.”

To check out what else is HOT in the world of payments, click here.


Latest Insights:

Our data and analytics team has developed a number of creative methodologies and frameworks that measure and benchmark the innovation that’s reshaping the payments and commerce ecosystem. In the November 2019 AML/KYC Report, Zillow’s Justin Farris tells PYMNTS how the platform incorporates stringent authentication without making the onboarding and buying experiences too complex.

Click to comment