Silver Rock Group, a prominent investment firm, has announced its plan to invest $300 million in Doc.com, a decentralized telehealth platform. The funding will enable Doc.com to provide free basic healthcare and health education to people across the United States. This new initiative combines the convenience of Uber with the life-saving care of the Red Cross.
The lack of affordability has become a major barrier for Americans to access critical healthcare, with over 30 million people lacking adequate health insurance. This underinsured population faces a higher risk of preventable health issues and worse health outcomes overall. Shockingly, it is estimated that 26,000 Americans die every year due to a lack of health insurance and timely access to basic and critical care.
Silver Rock Group recognizes the potential of technological advancements to transform the healthcare industry and believes in the importance of accessible and low-barrier healthcare. By investing in Doc.com, they aim to empower Americans to take control of their health and well-being by providing them with more options.
Doc.com has recently launched its telehealth platform nationwide, which allows users to connect with licensed local physicians free of charge. Through the platform’s AI chatbot, users can describe their concerns and be matched with a doctor or specialist in their state of residence. These doctors conduct telehealth appointments, provide free prescriptions, and make additional referrals. The platform utilizes blockchain technology to ensure transparency and verifiability of public health data while prioritizing patient privacy and data protection.
According to Doc.com’s CEO, healthcare is a human right, and their mission is to ensure that everyone has access to the healthcare they need. The telehealth platform offers a comprehensive and low-barrier solution for managing one’s health without prohibitive costs.
Silver Rock Group’s investment in Doc.com is a significant step towards addressing the healthcare access crisis in the United States. With the support of an investor that understands transformative business and consumer tech, Doc.com aims to help those in urgent need and contribute to a more equitable healthcare system.
About Doc.com:
Doc.com is determined to solve the equity problem in the healthcare industry by offering on-demand medical and psychological care at no cost to the user. They utilize blockchain and artificial intelligence technology to provide the highest quality of patient service.
About Silver Rock:
Silver Rock Group is an investment company with a strong track record of successful ventures. With their Merchant Bank and Corporate Finance Division, they cover a wide range of financings, investments, and M&A transactions.
Through this investment, Doc.com aims to revolutionize the US healthcare system and make basic healthcare more accessible to millions of uninsured and underinsured Americans. The company’s innovative telehealth platform, combined with Silver Rock Group’s support, has the potential to transform the way Americans manage their health and well-being.