From Venture Wire
Posted: Mon Sep 13, 2004 9:25 am
Anybody who's ever been to a doctor in the U.S. is well
aware of the problems with the healthcare industry in
the States. It's no surprise that VC firms see an
opportunity to capitalize by dabbling in unconventional
corners of the field.
Two such unconventional firms have announced rounds
within the past couple of days. The larger round, a $15
million Series C, went to MinuteClinic Inc.
MinuteClinic, whose slogan is "You're sick. We're
quick," operates nurse practitioner kiosks in retail
firms like Target and Cub Foods, and says it can get
people in and out in 15 minutes or so * an obvious
benefit for employers anxious not to lose employees for
several hours. The company is currently in
Minneapolis-St. Paul and Baltimore, and is looking to
expand. It is now in-network with the majority of
insurance companies in its existing markets, so
patients pay only their co-pay at the time of service.
RN's can write prescriptions though. I wonder what this is about? I you go in with an earache, bacterial flu, etc. how does he/she treat you?
aware of the problems with the healthcare industry in
the States. It's no surprise that VC firms see an
opportunity to capitalize by dabbling in unconventional
corners of the field.
Two such unconventional firms have announced rounds
within the past couple of days. The larger round, a $15
million Series C, went to MinuteClinic Inc.
MinuteClinic, whose slogan is "You're sick. We're
quick," operates nurse practitioner kiosks in retail
firms like Target and Cub Foods, and says it can get
people in and out in 15 minutes or so * an obvious
benefit for employers anxious not to lose employees for
several hours. The company is currently in
Minneapolis-St. Paul and Baltimore, and is looking to
expand. It is now in-network with the majority of
insurance companies in its existing markets, so
patients pay only their co-pay at the time of service.
RN's can write prescriptions though. I wonder what this is about? I you go in with an earache, bacterial flu, etc. how does he/she treat you?