Company / App Name: ZendyHealth
What does it do?
ZendyHealth is a cash marketplace startup that gives patients the freedom to negotiate costs of medical procedures. Simply put, we’re the Priceline of medical, cosmetic, and dental procedures.
Why do we need it?
Patients bid on procedures and we match them with pre-screened, board certified providers. It’s an effective solution to healthcare payment issues in that it allows patients with high deductible plans to pay upfront in cash.
Who is it for?
Patients save 20-80% on retail prices without sacrificing quality of care. Providers benefit just as much as patients with improved efficiency, increased business, not having to deal with insurance, and filling open slots/cancellations.
What makes it stand out from the crowd?
Helps both patient & provider. Patients who are uninsured/under-insured are often unable to pay out-of-pocket for medical procedures; meanwhile, doctors are having difficulty dealing with insurance & resulting revenue loss. We fill the gap.
ZendyHealth was launched in April 2015 by board certified surgeon Dr. Vish Banthia and his medical advisory team. The startup currently has over 10,000 users and is a member of Batch 14 from 500 Startups.