The state of Healthcare Informatics in virtually all its manifestations is outrageous. Do I think Dr Chrono is "the" solution? No. Does it help move the ball forward? Yes. And for that, I applaud them.
DrChrono Lets Doctors Accept Payments Via Square, View Real-Time Insurance Info
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Re: DrChrono Lets Doctors Accept Payments Via Square, View Real-Time Insurance Info
#12If you're looking for a truly disruptive startup, you should tackle insurance billing. This is a $1 Trillion+ industry powered by people making phone calls and sending paper mail. Just look at this list of insurance payers: https://drchrono.com/public_payer_search/ . See how they all have different enrollment forms? Every clinic that wants to do electronic billing with insurance has to fill out an enrollment form for…
This is absolutely true. The opportunity to disrupt insurance is massive, and at this point, almost a certainty.
Through Leaky, one of the things that we've always liked is that there's room for disruption in all parts of the spectrum. Customer acquisition, retention, quoting, pricing, binding, billing, etc ad nauseum. You can even decide if you want it to be B2C or B2B.
For us, we've focused on 1) simplifying the comparing and ultimately the purchasing of personal lines insurance (auto, home, life) and 2) creating a real-time (truly real-time; not the "we'll call you back in 5 minutes" model) commercial insurance comparison and purchasing platform.
There are a lot of headaches to disrupting insurance as an industry, namely there are a lot of regulations and a lot of litigious parties. However, our view is that mounting public frustration (for all forms of insurance) and the current lack of software-based solutions make insurance a ripe industry for disruption.
Re: DrChrono Lets Doctors Accept Payments Via Square, View Real-Time Insurance Info
#13I don't see the "major upgrade" here. As a doc you can already use Square to process payments, and you can look up "real time insurance information" easily already via the web. Breathless pronouncements from a supposed technical company that physicians will use their app because it "makes them feel modern" are a trifle annoying. Docs will consider using an app like this when (if ever) it is demonstrated that input/di…
The most interesting thing about the announcement is that Square apparently now has an (unannounced?) integration method.