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HEALORA
Location: 2633 Lincoln Blvd 826, Santa Monica, California, United States United States
Founded in: 2015
Stage: Post-launch
Number of employees: 1-5
Funding history:
- Date: 01/2017, Seed: $250 k (post valuation: $3).
Short URL: vator.co/healora
Followers (5)
Awards and mentions
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HEALORA received digital health innovation award at the Jun 2016 IDEAS_Los Angeles Conference in Santa Monica
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HEALORA

Connecting doctors to our direct-pay patient network
Startup/business
Santa Monica, California, United States United States
http://www.healora.com
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Company description

HEALORA is a website application that connects surgeons who pass along all the savings created to the patients that pay at the time of service for their procedures.

Patients get to choose their service, choose their doctor and pay directly for substantially less without being limited to "in-network" choices. Doctors get to perform their services without all the administrative and billing burdens that chew up so much time and cost. Employers save money because their employees get far more healthcare for their dollars. Everyone wins!




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Team
  • Thomas Farmer
    Thomas Farmer | Founder
  • Diane Jungers
    Diane Jungers | Team member
  • Nektar Baziotis
    Nektar Baziotis | Team member
    Director, team leader and project manager in international companies as well as for EU’s governmental agencies and UN organizations. Strong communicator and dealt successfully with challenges.
Business model

Healora's patented healthcare pricing technology connects doctors to our direct-pay network of self paying patients for substantially reduced healthcare costs.  Doctors are pleased to bypass the current administrative and bureaucratic layers to save costs and time by removing the expensive third party intermediaries.  This can mean as much as 70% savings for the patients when they pay at the time of service.

Competitive advantage

Rather than being a listing service like most of our competitors we offer the unique ability to provide a soft negotiation while facilitating a binary relationship between doctor and patient.  It is a great way for doctors to transition to cash pricing.