Circle Medical

Circle Medical

Telehealth services for virtual medical consultations

About

Circle Medical provides telehealth services that allow individuals to access healthcare without needing to visit a physical clinic. The company connects patients with licensed healthcare providers through secure video chat, enabling virtual consultations for general medical issues, annual wellness exams, well-woman exams, and COVID-19 testing assessments. This approach enhances accessibility and reduces the necessity for in-person visits, which is especially useful during public health crises. Circle Medical generates revenue through insurance reimbursements and out-of-pocket payments, accepting all major insurance plans and offering a transparent billing process for services not covered by insurance. The company targets tech-savvy individuals who value convenience and efficiency in their healthcare, aiming to make medical consultations more accessible and streamlined.

Company Stage

Acquired

Employees

201-500

Industries

Consumer Software, Healthcare

Total Funding

$12.2M

Headquarters

San Francisco, California

Founded

2015


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Simplify's Take

What believers are saying

  • Growing demand for telehealth post-COVID-19 boosts Circle Medical's market potential.
  • AI integration with HEALWELL enhances Circle Medical's operational efficiency.
  • Hybrid healthcare models offer Circle Medical flexibility and comprehensive care options.

What critics are saying

  • Increased competition from major telehealth providers like Teladoc and Amwell.
  • Potential operational disruptions from AI integration with existing systems.
  • Regulatory scrutiny could impact Circle Medical's telehealth operations.

What makes Circle Medical unique

  • Circle Medical offers both in-person and virtual healthcare services.
  • The company integrates AI to enhance electronic medical records and patient care.
  • Circle Medical's app allows easy insurance verification and appointment scheduling.

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Growth & Insights
Headcount

6 month growth

7%

1 year growth

2%

2 year growth

7%

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