Andy Schoonover
Founder / CEO
CrowdHealth
CrowdHealth offers a low-cost healthcare solution by combining advocacy tools with a peer-to-peer funding platform for medical bills. Members pay a monthly advocacy fee and a commitment amount before eligible expenses are submitted for community funding. This system provides access to bill negotiation, care advocacy, and discounts outside of traditional health insurance structures.
- Applications
- Financial Technology
- Healthcare Technology
- Software Only
Updated 6 months ago
Funding
Raised to date
$12MRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Funding rounds are not available yet.
Founders
Product
Problem
Traditional health insurance plans often have high premiums, deductibles, and out-of-pocket maximums, leaving individuals and families with significant financial burdens and limited control over their healthcare choices. The current healthcare system can be impersonal and unreliable, with incentives that may not align with patient well-being.
Solution
CrowdHealth offers a community-driven, crowdfunding platform that provides an alternative to conventional health insurance, empowering members to manage and fund their healthcare expenses. Members gain access to a suite of tools and resources, including virtual primary and urgent care, virtual talk therapy, a personal Care Advocate, cash-pay patient rates, discount prescriptions, and bill negotiation support. The platform facilitates direct financial assistance among members, enabling them to support each other's medical bills through a transparent and collaborative process. By participating as self-pay patients, members can access lower medical costs and greater control over their healthcare decisions, fostering a more affordable and reliable healthcare experience.
Target Audience
The primary target audience includes individuals, families, and entrepreneurs seeking an alternative to traditional health insurance with lower costs, greater control, and a supportive community.
Features
- Monthly subscription provides access to a suite of healthcare tools and a dedicated team of Personal Care Advocates
- Virtual care platform offering 24/7 access to virtual primary and urgent care, and virtual talk therapy
- Assistance in finding quality, cash-pay friendly care options and providers
- Discounted prescription pricing accessible through the CrowdHealth mobile app
- Bill negotiation support to help members obtain fair prices for medical services
- Crowdfunding platform for members to support each other's medical expenses
- Generosity Scores and Health Cost Ratings to ensure transparency and responsible spending
- Mobile app for easy submission of bills and communication with Care Advocates