ZendyHealth – An Affordable, On-Demand Healthcare Startup By Board Certified Surgeon
If you are seeking affordable, quality medical care, then look no further than ZendyHealth, an on-demand online platform for health and dental services. Nicknamed the Priceline of healthcare, ZendyHealth is your wallet’s new friend. In the last few years, the healthcare industry has rapidly changed, which has led patients to accrue high out of pocket costs. Launched in April 2015, ZendyHealth alleviates the out of pocket pain experienced by thousands of Americans by offering quality health, dental and cosmetic appointments at low costs. After testing the model in his own practice, founder, Dr. Vish Banthia, a double-board certified Beverly Hills surgeon reveals, “We have been able to save literally hundreds of thousands of dollars for patients.” He continues, “We are empowering patients in an industry where they’ve never had control over pricing and knowing their costs.”The company aims to solve the issues on both sides of the spectrum – patient and provider. For patients, ZendyHealth is a platform that provides quality, affordable health care services without the least amount of hassle. For providers, ZendyHealth allows doctors to immediately fill space in their schedule or openings caused by last minute cancellations. Patients provide a realistic price for a medical service through a bid, or the “Pick Your Price” ZendyHealth algorithm. After reviewing the patient’s offer, the doctor can accept that price, which is usually 20-80% off the market value, if he or she chooses.However, not just any doctor can participate with ZendyHealth – some have been turned away from this network due to quality. The company screens every doctor before becoming a member of the ZendyProvider network. “Providers submit applications to be in our system and have certain criteria to meet such as board certification and if they use FDA products,” says Dr. Banthia. Furthermore, Dr. Banthia wonders, “Just imagine patients negotiating their prices. We as patients and consumers of healthcare don’t have a true marketplace, and with ZendyHeath we are trying to put the power back into patients.”Patients deplore the high costs of health services, so they turn to affordable and accessible means to afford their health care needs – now ZendyHealth is just a click away. With the costs of healthcare rising, even with health insurance, medical bills still stack up to an astronomical amount. Dr. Banthia claims, “Almost an article a day highlights the pain-point with increasing deductibles, and there is also research that suggests the average American family will pay 50% of healthcare costs.” According to Dr. Banthia, “Seventy-five percent of Americans have high deductibles, so they are already price-shopping.”ZendyHealth’s consumers have diverse health needs. Although their demographic is skewed to the 30-40-year-old age range, the younger generation is beginning to use ZendyHealth as well as the older generation who is seeking it for services such as CT and MRI scans. Most of their consumers learn of ZendyHealth organically; it’s a novel, disruptive platform in the healthcare industry, and people are showing a lot of interest; their 25% month-to-month growth rate indicates this.While most of their consumers already have health insurance, their deductibles are high. “We also have patients who are non-insured, or don’t have state insurance, and patients who have poor insurance that are not readily taken by many providers,” states Dr. Banthia. Additionally, he explains that several consumers don’t have dental insurance, declaring, “One-third of the country doesn’t have dental insurance. So, there is a population in need of this platform.” Americans are not only worried about healthcare costs, but quality care is also a major concern – nobody wants a “botched” doctor or surgery, but ZendyHealth eliminates this worry with its in-depth doctor vetting process through the ZendyProvider network.The ZendyHealth experience is making it easier for consumers to navigate the healthcare industry while appeasing their pocketbooks. In a fast growing, dominating industry, ZendyHealth stands strong with a unique approach to everyone’s basic need – healthcare. Yet, with affordability and quality questionable, most Americans are left with undesirable insurance and bleak knowledge about their health. ZendyHealth aims to be the consumer-pleasing answer to the difficult health challenges that so many face.