*By Christian Smith* The medtech start-up Heal has raised $20 million with plans to expand its house-call service to more cities in the United States. The company announced its latest round of funding Tuesday, bringing the amount that the three year-old company has raised to more than $69 million. Heal's co-founder and CEO Nick Desai said he wants to use the new capital to expand and improve the technology that doctors can use to treat patients. "The secrete sauce of Heal thus far has been to lower the operating costs of everything from booking and billing compared to a traditional office so that our doctors can do house calls," Desai said Tuesday in an interview with Cheddar. "Now we want to innovate technologies for the in-home care so that doctors have more data and more intelligence with which to deliver more precision care to patients." The new investment comes from Bascom Ventures, Inflection Capital, IRA Capital, RLJ Equity Partners, Trans-Pacific Partners, and others including BET founder Robert Johnson, who told Cheddar he got involved with the start-up to help reach minority communities. "It brings health care to people who in many cases are under-served because of their neighborhood, because of their economic status, or other factors that deprive them of the quality health care that most people would like to have," Johnson said. As health care costs continue to rise across the country, Heal said it's looking to offer a more affordable option. The company has said its tech platform lowers operating costs and medical bureaucracy by 65 percent, leading to lower prices for patients. Heal is one of a handful of health care start-ups that are looking to change the traditional patient-practice structure, where doctors see an average of 40 patients a day. One Medical is a primary care start-up with a membership model that cuts costs by limiting the number of patients its doctors see daily and using video consultations instead of in-office visits. Doctor On Demand, another new primary care option, [recently raised $74 million](https://techcrunch.com/2018/04/25/video-consultation-service-doctor-on-demand-raised-74-million-so-everyone-can-see-a-doctor-anytime/) to expand its video consultation service capabilities. Though these tech-based care providers only make up a small part of the health care market, major insurance companies are getting on board. Heal is an in-network PPO option for Blue Shield of California, Health Net, Anthem Blue Cross, Aetna, United Health Care, CareFirst, and other plans. Outside of an accepted healthcare plan, patients can see a Heal doctor at home for $99. Since launching in March 2015, Heal doctors have made more than 60,000 house calls. The service is available in most major cities in California and in Washington, D.C., and Northern Virginia. For the full interview, [click here](https://cheddar.com/videos/doctor-house-call-start-up-heal-expanding).

Share:
More In Technology
Why Jeff Bezos' Plan to Fight Climate Change Could Backfire
Amazon founder Jeffrey Bezos took to the stage at the U.N.'s COP26 Climate Summit to unveil a new plan to combat climate change, but some say it might do more harm than good. Justine Calma, Science Reporter at The Verge, joined Cheddar to discuss.
Taxi Business Is Going Electric
The electric vehicle space is about to see a whole new shift in its market particularly in Taxi Industry. Ride-Hailing apps like Uber and Lyft though could be left behind from this era since they cannot force their drivers to drive specific cars. Executive Analyst from ISeeCars.Com, joined Cheddar to discuss more.
a.k.a Brands CEO on Strong Q3 Earnings, Net Sales Surge of 155 Percent
a.k.a Brands, an accelerator for next-gen, direct-to-consumer fashion brands like Princess Polly, released its first earnings report as a publicly-traded company with strong results. CEO Jill Ramsey joined Cheddar's "Opening Bell" to discuss the company's recent quarter and how the company has grown since its IPO in September.
Rivian To Make Debut As Biggest IPO Since Facebook
Rivian is set to makes its market debut as the biggest IPO since Facebook in 2021. The EV maker priced its stock above the expected range at $78 apiece, allowing it to raise a whopping $11.9 billion. Matt Toole, director of deals intelligence at Refinitiv, joined Cheddar to discuss Rivian's highly anticipated IPO and how it's sending the already booming IPO market even higher.
Judge Denies Apple Request to Delay App Store Change Following Epic Games Lawsuit
A judge shot down a request by Apple to hold off on changes to payment options in the app store that would allow companies like Epic Games to use external payment systems. Apple had sought a stay that could delay making changes for years but the judge ordered them to implement fixes by December. The tech giant plans to appeal.
Twitter Launches Paid Subscription Service Twitter Blue
Twitter has officially launched its paid subscription service, Twitter Blue, which provides subscribers with a number of new features, including the option to edit tweets, post 10-minute videos, and view ad-free news articles.
Kebony Raises $34 Million for Environmentally-Friendly Building Materials
Wood modification technology company Kebony recently raised $34 million in its latest funding round. The company's patented technology transformed sustainable softwood using leftover materials and makes it into a product that behaves like premium hardwood. The process has the potential to transform the global construction industry, as it is cost-effective and eco-friendly. Kebony CEO Norman Willemsen joined Cheddar News' Closing Bell to discuss.
Load More