Telehealth startup PointNurse is teaming-up with Palo Alto-based Swarm Fund to help create what it calls is “the first Global Telemedicine and Telehealth Distributive Collaborative Organization.” Under the deal, PointNurse will be joining four other companies selected by the Swarm Fund community in February in their incubator and crowdfunding program.
Unlike other telemedicine and telehealth companies in which providers are paid fees for service, PointNurse will be deploying a community model in which providers can join the community as members, receive fees and have a proportional stake in the software platform.
“We believe, unlike Uber and AirBnB, where only a small group of individuals have control and say in the business or economic upside, our distributive collaborative organizational structure gives our healthcare providers a vote in the governance of the platform and pro-rata upside in its potential value as demand rises for its use,” says Cyrus Maaghul, Founder and CEO of PointNurse. “We think this model is superior to existing models in this space today.”
PointNurse is a consumer oriented service designed around secure peer-to-peer video, voice, and text technology to enable easy access to clinical nurse practitioners, doctors, psychiatrists, social workers and other licensed professionals to have prompt and confidential conversations. The community is comprised of over 60 healthcare practitioners and rapidly growing.