SANTA MONICA, Calif., Dec. 6, 2016 /PRNewswire/ -- Heal, the fast-growing startup radically transforming the healthcare industry with modern, on-demand doctor house calls, announced today that former House Majority and Minority Leader and two-time U.S. Presidential Candidate, Richard Gephardt, has joined the company's Board of Directors. The company also announced that on the heels of closing its Series A funding, it has secured $14.8 million in Series B financing from Fidelity Management and Research Company.
Mr. Gephardt joins Heal after spending over 35 years working to increase the quality of healthcare for all Americans. His tireless commitment is born out of both personal and professional experience, where he learned first hand about the inefficiencies in the delivery and quality of healthcare.
"During my time in Congress and more recently through my public affairs work, I have been committed to improving healthcare for all Americans," said Mr. Gephardt. "What Heal is accomplishing is transformative and they have the potential to move the needle forward for healthcare in a positive way. The key to a better healthcare system is to increase quality by bettering the relationship that physicians have with their patients; Heal is doing just that. I'm excited to join the board and help Heal reach more Americans."
The Series B funding will allow Heal to further expand its geographical footprint, broaden the range of medical services it offers and increase patient reach. Last month the company announced that it raised $26.9 million in its Series A round led by Thomas Tull's Tull Investment Group.
Co-founder and CEO Nick Desai added: "Heal has experienced strong demand from the investment community and is humbled to have Fidelity Management and Research Company reaffirm our vision. We look forward to working with them as we advance our movement to fundamentally improve healthcare in America."
Heal is reinventing the practice of medicine and has proven that doctor house calls can improve medical outcomes, improve the physician and patient relationship, and save the healthcare industry billions of dollars. Heal currently services all of California, has cared for more than 10,000 patients to date and is in network with Blue Shield of California, Anthem Blue Cross of California, Cigna Healthcare, Aetna and United Healthcare. Heal is available for an in-network co-pay or an all-inclusive, flat rate $99 fee. Licensed physicians are available seven days a week, from 8 a.m. to 8 p.m., 365 days a year (including all major holidays) for anything a patient might require during a traditional office visit.
The pioneer in on-demand primary health services, Heal provides patients with affordable access to world-class physicians in the comfort of their home or office. Heal connects patients with fully vetted and licensed pediatricians and family practice doctors who arrive in under two hours and can see any member of the family for only $99 or an in-network co-pay. Visit www.heal.com or download the app from the iTunes App Store and Google Play store.
To view videos of the Heal experience and meet the Heal doctors, please visit Heal's YouTube channel.
About Dick Gephardt
Mr. Gephardt served for 28 years in the United States House of Representatives from 1976 to 2004, representing Missouri's 3rd Congressional District. In his role as Leader, Mr. Gephardt emerged as one of the leading strategists of the Democratic Party's platform and chief architect to landmark reforms ranging from healthcare, pensions, education, energy independence and trade policy. He was elected to serve as House Democratic Leader for more than 14 years, as House Majority Leader from 1989 to 1995 and Minority Leader from 1995 to 2003. Mr. Gephardt ran as a Democratic candidate for U.S. President twice, in 1988 and 2004. Currently, Mr. Gephardt is President and CEO of Gephardt Group.
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