Consumers and businesses are reimagining healthcare through a technology that’s changing the practice of medicine. GrandOpinion announces a seed round of funding from an Angel Group to further develop its technology enabled service platform — bringing the patients together digitally with doctors and to expand its network of prestigious medical experts.
“We chose to be in this space because healthcare IT and practice needs an overhaul and connect with the quality and expertise; our commitment to advancing patient-centered care,” said Ashish Dhar, CEO and Founder of GrandOpinion. “We have already established the most exclusive network of experts in their fields. We will grow our team to provide more online and mobile solutions to enable these doctors to provide lifesaving opinions and care.”
GrandOpinion created a completely new technology platform that creates a “virtual clinic” where experts in the network find a comprehensive 360-degree digital profile of a patient’s history and medical records. Once a patient starts a case, the GrandOpinion platform collects and digitizes all medical records, and pages a request to the best expert for the case. These profiles slash the research and assessment time for doctors to provide a conclusive opinion. While a normal in-person consultation might take as many as three months to conduct, the GrandOpinion experts return an opinion in an average of 36 hours.
The GrandOpinion physician network is comprised of top 2% percent of experts in each field of specialty and sub-specialty. Physicians must be invited by an existing GrandOpinion physician and are thoroughly vetted. The GrandOpinion virtual clinic provides the most leveraged way for a physician to spend time on a case and provides specialized physicians with access to unique cases that benefit their research.
“The GrandOpinion physician network is comprised of the renowned and acclaimed physicians of the medical community and represent a collective state-of-the-art knowledge base for patient care. Combining this network with technology, GrandOpinion has liberated this vast store of medical expertise, making it available to all consumers on demand, thereby improving the lives and health of their customers,” said Sachin Shah, partner at GrandOpinion.
Businesses are tapping GrandOpinion as a unique benefit offering for employees. More than half of all corporate executives (55 percent) named healthcare benefits as their biggest business challenge, according to Adecco SA. Ten percent of employer-provided healthcare costs are due to misdiagnosis and improper treatment. Top physicians, like the network of experts at GrandOpinion are known to offer more accurate diagnoses, leading to cost savings for both the patient and their employer.
GrandOpinion grew out of the Delhi hub of 91springboard. Pranay Gupta, a co-founder at 91springboard, said “GrandOpinion is a good example of an Indo-US company where an Indian entrepreneur is using his experience of both, US and India to solve a problem for the customers. We are very happy to have supported them in their initial days.”