MediNavi AG operates several websites for medical price comparison, using a reverse auction model.
- Free for patients
- Patients save up to 50% of theier "out-of-pocket" -treatment-expenses; up to 1.400 US$ on average!
- We co-operate only with licensed medical doctors; no travel to foreign countries
- For medical doctors, it's a "new" customeracquisition or treatment specializing program
The MediNavi business Model:
- MediNavi retains a commission from the doctor for every brokered treatment-lead
- MediNavi gets a monthly retainer flat fee from "power-users" (doctors)
- MediNavi runs a data mining system to "recommend" the "best" insurance to a patient
MediNavi AG runs the following websites/brands in Germany:
- www.medikompass.de for all medical treatments
- www.schoenheitsgebot.de for plastic surgery only
- www.zahngebot.de for dental services only
- www.tierarztkosten.de for veterinary services only
From October 1th. onwards, MediNavi AG will operate the website www.medikompass.com, focusing on the following treatments:
- Dental treatments, cosmetic surgery & eye surgery
European rollout Q1/2012
Status of MediNavi AG; so far only in Germany:
- The business model is proven and highly scalable
- 120.000 Patients a month on all plattforms
- App. 2500 treatments brokered every month
- More than 150.000 patients already served
- More than 35 M. US$ revenue in medical treatments brokered in 2010
- Co-operations with top German insurances
- The Company is almost EBIT positive
Why are MediNavi AG plattforms hot?
- Cost reduction for individuals and insurances in the healthcare industry is key
- MediNavi business model is a winner in economically difficult times; it saves "out-of-pocket" - expenses for patients and creates new customers for competitive doctors
- Already a large number of health insurances companies support the solution to reduce their cost and use the services as a customer binding and new customer acquisition tool.
- Internet-solutions for customer satisfaction in the healthcare industry are very hot
- www.zocdoc.com; New York;
Marc Benioff & Koshla Ventures into ZocDoc in 08/2011.
- www.brighter.com; Los Angeles;
Mayfield Fund & Benchmark Capital invested
13. Mio. US$ in 08/2011.