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December 6, 2011

$11.5 Million for Health Questions Site – HealthTap

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Another day and another funding announcement for a healthcare company. The company of the day is HealthTap which just announced a $11.5 million series A round of funding from some big name venture capital companies. I think the headline on the HealthTap website describes their company really well:

Answers from 6,000 U.S. licensed physicians
No waiting room

I know there are a lot of people that want to get answers from a physician, but don’t want to have to go to the office. There’s little doubt that patients are going to want a service like this. I know I’d prefer to be seen electronically too. I hate the idea of having to go into the office.

My only question for HealthTap is how well they’re going to do at getting the physicians on board to answer the health questions. I’m sure that many doctors will be worried to participate since they don’t trust the online world and are probably really afraid of any real or perceived liability of practicing medicine online

Plus, it seems like the answers to the questions are free for members of the site. So, I’m not quite sure who is going to end up paying for the service.

The good thing for HealthTap is they now have $11.5 million to figure out the answers to those questions.

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  • Investors Put $20 Million in CareCloud EHR for a Total of $27.3 Million Raised
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  • Esther Dyson Reason for Health IT Investment

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