Sad to see a care organization like this shut down.
But curious to understand what exactly they were disrupting?
From the outset, looks like a pediatric clinic that accepts insurance (and has a cash pay option) - but this is how most pediatric clinics/urgent care that are not venture backed operate. There doesn’t seem to be a disruption in their revenue model (like a one medical style subscription service), and vbc doesn’t apply much to pediatric care.
Not criticisms, just trying to understand what the goal was.
There are 25 million ER visits a year for kids where the vast majority of those visits are not life-threatening and don’t require that level of care. An urgent care is 1/10 the cost of an ER and can create a better environment for the kid and family… so better care for 1/10th the cost.
