Open For Business FEV3R: The "Netflix of Healthcare"?
Could a subscription model for outpatient care, like "Netflix for healthcare", be sustainable? FEV3R is betting it can. For a fixed monthly fee, the health tech company offers unlimited virtual consultations, medication delivery, and 24/7 doctor access.
Co-Founder and CEO Adlan Hercus joins us to share the story behind his "round two" startup. He discusses the lessons from his first failed venture, the unique unit economics of their model, and how they manage costs by sourcing drugs directly and using AI to improve efficiency, all while aiming to disrupt the traditional panel clinic system.
We discuss:
Their "Netflix for healthcare" subscription model for outpatient care.
How they can offer unlimited consultations and still be sustainable.
Why this is the founder's second round venture after a first attempt 20 years ago.
Their virtual-first system using in-house, 24/7 doctors.
Their growth strategy, including regional white-label partnerships.
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