CrowdHealth Raises $ 6 Million to Develop Technology-Based Healthcare Toolkit to Free You from Medicare

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AUSTIN, Texas – (COMMERCIAL THREAD) – Today our journey to revolutionize the way we pay for health care begins.

For 30 years, the middle class has seen no real income growth due to rising health insurance costs.

Now the middle class has a new way to pay for health care.

Every year, 250,000 people file for bankruptcy because of medical bills despite their health insurance. Quality health care is now affordable.

Doctors can now rediscover the pleasure of practicing medicine without health insurers invading the patient-doctor relationship.

Americans who are victims of rising medical prices, abusive collection of bills and foreclosed wages now have an ally.

“If we want our children and grandchildren to continue to have access to the best healthcare professionals in the world, our healthcare payment system must change, ”said Andy Schoonover, CEO and Founder of CrowdHealth. “If we are to unleash the growth potential of the middle class, small businesses and entrepreneurs, we must oppose the perverse incentive systems within healthcare that have denied them opportunities to thrive.

We have assembled an incredibly talented team and a pool of qualified investors to make it happen.

We are delighted to announce that we have raised a $ 6 million investment round, led by Next Coast Ventures and Activate Venture Partners, to form CrowdHealth, a new solution that frees Americans from health insurance. CrowdHealth is a technology platform and a set of tools that allow people to finance their healthcare expenses outside of the traditional health insurance system.

The app-based tools we provide to our community include:

  • The latest innovation in fintech, allowing our community to aggregate crowdfunding to pay doctors quickly and directly.

  • A national physician quality and cost database that enables members to make informed decisions about their care without the limitation of restrictive networks.

  • A highly engaged and personalized advocacy for care to help our community navigate their health journey.

  • Negotiation and legal services fighting for our Community in the face of scandalous invoices.

  • Access to greatly reduced prescription drugs.

By eliminating the middleman from insurance plans, reimagining the healthcare payment system, and allowing physicians to directly choose care, CrowdHealth will help our community dramatically reduce their out-of-pocket spending on healthcare plans. gov.

We invite you to join us on this journey at www.joincrowdhealth.com.


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