Gotodoctor Celebrates Successes and Platform Business Model Validation in 2023
As the year is coming to an
end, Gotodoctor.ca is proud to celebrate a successful year of growth including
the establishment of a fully integrated digital healthcare platform
model.
Some of the largest companies in the world are platform businesses, which host interactions and transactions among corporations and users. Unlike linear and traditional M&A businesses, platform businesses bring together two or more groups of users on a digital network to create value for all of them. A network effect is created within these platforms as they increase the number and capacity of providers and the range of services. One emerging service in this digital age is the ability to online doctor appointment Saskatchewan, which connects patients with healthcare providers via virtual platforms. Revenues are generated from fees and commissions for transactions on the platforms, including such healthcare bookings.
Some of the largest companies
in the world are platform businesses, which host interactions and transactions
among corporations and users. Different from linear and traditional M&A
businesses, platform businesses bring together two or more groups of users on a
digital network to create value for all of them. A network effect is created
within these platforms as they increase the number and capacity of providers
and range of services. Revenues are generated from fees and commissions for transactions
on the platforms.
Since inception, Gotodoctor.ca
has had the vision to become the technology platform that accelerates care for
its subscribed organizations and members, while fully aligning with the
Canadian public healthcare system. With access to care becoming more
challenging and crucial over time, the company is able to realize this
proposition and create a one-of-a-kind, Access Acceleration Platform, via its:
Real Care Delivery Assets –
Gotodoctor.ca uniquely offers a combination of in-person and virtual healthcare
through its 250+ CareBridge pharmacy and medical clinic service sites –
supporting more medical conditions and removing the limitation of pure virtual
care. Instead of creating a parallel private employee health system, Gotodoctor
aligns benefit plans with the public healthcare services to provide
cost-savings and ensure sustainability and continuity of care.
Access Acceleration
Technology – Patient care data is scattered among public systems, insurance
companies, general practitioners, pharmacies and others. Gotodoctor.ca has
developed a patent pending technology, Service Engine, to resolve access to
care challenges. The Service Engine is fully integrated with multiple
Electronic Medical Records and physician care systems, insurance data exchange
and service delivery repositories. With its care algorithm, Gotodoctor.ca
breaks the silos between the public and private benefit services and
consistently demonstrates the ability to shorten wait-time for its users.
This combination of physical
assets and technology improves utilization and expedites access to healthcare
services, leading to better health outcomes, return on investment for its
subscribed sponsors and, ultimately, a healthier workforce or members.
Gotodoctor’s Access
Acceleration Platform has gained significant traction and recognition over the
past year. In 2023, the platform has been adopted by many of the largest
national and international enterprises:
Enterprise Service Providers:
Gotodoctor.ca established
cross-border partnership with 1.800MD to deliver seamless access to physician
care across North America
Gotodoctor.ca and More Health
set up exclusive partnership to deliver expert second medical opinion in Canada
100+ new CareBridge Pharmacy
and Clinic service sites implemented from coast to coast, and the launching
of yournewclinic.ca to
enhance physician recruitment and resource management
Established Hub and Spoke
physician care model with Rexall Pharmacies
Connected with Beniplus, a
technology benefit administrator, to offer Gotodoctor.ca services
Successfully expanded FHO
family practice in Gotodoctor.ca’s flagship in-person clinic in Aurora
Enterprise Service
Subscribers:
Renewed and extended
multi-year service agreement McKesson Retail Banner Group (IDA, Guardian,
Remedy’sRx) as the preferred provider for medical clinic and physician services
Expanded cardiology clinic
service agreement with Novartis Canada
Secured partnership agreement
with SEB (Smart Employee Benefit)/Co-Operators
Added new insurance and
employer sponsors to the platform, including Fabricland, Automated
Administration Services, and Quick Health Access/Green Benefits.
The Gotodoctor.ca Access
Acceleration Platform has established true integration and command among
patients, providers and payers (public and private). It is the only
comprehensive solution that enables service providers, regardless of their
digital or physical setup, to connect and collaborate with enterprise
subscribers so their services can be developed and deployed efficiently and
effectively. As this multi-vendor, multi-payer platform model becomes more
mature, in addition to expanding within the accepted provider and subscriber
channels, the company will look to start offering its service to new
industries, including healthcare artificial intelligence (AI) and small and
midsize enterprises (SME).
“The Gotodoctor.ca team would
like to thank our new and current partners across pharmacies, pharmaceuticals
and insurance benefit industries, for their trust in us to deliver and
accelerate care for their members,“ said Tommy Cheung, CEO & President of
Gotodoctor.ca, “We are excited about what’s in store as we continue to explore
and develop the service and business opportunities with our Access Acceleration
Platform in the coming years.”
About Gotodoctor.ca
Gotodoctor.ca is a leading
B2B healthcare technology platform that connects to an estimated a million
Canadians through its unique Service Engine and hybrid primary care network.
The platform integrates virtual care and in-person pharmacy and clinic Service
Sites, and enables members to access comprehensive and scalable physician and
other healthcare services. Gotodoctor.ca is a preferred provider for McKesson
Canada’s Rexall and Retail Banner Group (IDA, Guardian, Remedy’s Rx)
pharmacies. Its Digital Employee Services and Data Offerings technologies are
already adopted and are utilized by major Canadian Enterprises, TPAs, and other
enterprises, like Manitoba Blue Cross, Novartis Canada, SEB Administrative
Services, The Leslie Group, Quick Health Access, Simply Benefits, and Automated
Administration Services.
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