Online physician visits company Stat Health raises $3.5M

By Aditi Pai

StatDoctorsScottsdale, Arizona-based Stat Health Services, which offers the online doctor visit service Stat Doctors, raised $3.5 million, according to an SEC filing. This brings the company's total funding to at least $8.8 million to date.

The company told MobiHealthNews that it plans to release more details on the investment round later today.

Stat Doctors helps patients contact doctors about medical questions 24-7. To use the service, patients who are eligible through their employer or small insurance carrier set up an account on the website and fill out their medical history. After registering, they can connect to a board-certified, practicing ER physician using a smartphone app, through a web portal, or via a phone call. Average wait times to see a Stat Doctors physician is 10 minutes, according to the company. When applicable, the doctor can provide a patient with an prescription, too.

The company believes that its service will help keep patients who just have quick questions out of the emergency room. Conditions that doctors using the service treat include respiratory infections, asthma, sinusitis, bronchitis, allergies, sore throats, and conjunctivitis.

Some Stat Health customers include the Arizona Small Business Association, Scottsdale Healthcare, and MagnaCare.

Stat Health is one of many companies working in the virtual visits business, which includes Teladoc and American Well, too. After being exclusively BtoB for a number of years, American Well recently launched a direct to consumer version of its service, which costs $49 per visit.