Doctours, a Los Angeles-based on-line platform for reserving journeys and coverings for medical and dental care around the globe, is increasing its companies to 35 nations.
Founded by serial journey entrepreneur Katelyn O’Shaughnessy, whose final firm TripScope was acquired by Travefy, Doctours goals to attach sufferers with medical doctors to obtain entry to high quality, inexpensive healthcare around the globe.
The value of care within the U.S. continues to climb, main sufferers with few choices however to journey to the very best services providing the bottom value care. Some firms that present insurance coverage advantages to their staff, like Walmart, are opting to pay for higher care upfront by transporting their staff to services to obtain acceptable care, reasonably than pay later for shoddy therapy.
Doctours kind of expands that thesis in a world context.
“When it comes to medical and dental treatment, there is no longer any reason to limit ourselves based on where we live,” stated O’Shaughnessy, in a press release. “There is an more and more advantageous international market accessible with extremely skilled practitioners providing high quality healthcare options at inexpensive costs and, though medical and dental tourism is a protected and cost-efficient answer, the present market is extraordinarily fragmented and difficult to navigate. Doctours eliminates this fragmentation and permits anybody to simply and affordably entry worldwide medical and dental therapies and procedures.”
Katelyn O’Shaughnessy, founder, Doctours
The firm, which is backed by traders together with traders in Doctours embrace the previous CEO of Expedia, Erik Blachford, Texas billionaire and CEO of multi-strategy holding firm, Cathexis, William Harrison, and Charles Cogliando of Mosaic Advisors, presents greater than 330 totally different medical and dental procedures and has a worldwide service space that features Mexico, Colombia, the Caribbean, Thailand, Dubai, Brazil, Germany and Costa Rica.
Currently figuring out of Quake Capital’s Austin incubator, the corporate helps sufferers seek for and evaluate the price of procedures, join with medical doctors and guide the whole lot from in vitro fertilization to stem cell remedy, beauty and reparative plastic . surgical procedure, weight reduction surgical procedure, dental work and Lasik.
Once the process is booked, Doctours places collectively itineraries that present totally different choices for flights and inns primarily based on the wants of the affected person, the corporate stated.
The firm additionally presents specialised medical tourism insurance coverage to all of its prospects, in keeping with O’Shaughnessy. And the corporate vets its medical doctors by guaranteeing that they’re Joint Commission International accredited physicians. Roughly 70% of the corporate’s medical doctors had been skilled at universities and medical faculties in Europe or the U.S., O’Shaughnessy wrote in an electronic mail.
Doctours is definitely getting into a profitable market. Medical and dental tourism is a $439 billion international market rising at a price of 25% per yr, in keeping with information offered by Doctours. In 2018 alone, 14 million sufferers traveled overseas to hunt healthcare, in keeping with the corporate.
