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DocASAP Raises Growth Capital

2017-07-19
BROADLANDS, VA, Leader in online appointment scheduling, today announced that it has raised growth capital from Cohen Private Ventures.
DocASAP, a leader in online appointment scheduling, today announced that it has raised growth capital from Cohen Private Ventures, LLC. The capital will be used to significantly accelerate DocASAP's already fast paced national rollout.

DocASAP is the only access and engagement solution that intelligently matches patients with optimal care providers across all pathways that consumers trust and use. DocASAP uniquely brings together all key stakeholders in healthcare to allow for patients, providers and health insurance companies to connect seamlessly for improving patient engagement. Focused on health outcomes, DocASAP's access solution drives improved care compliance while delivering a superior patient experience.

"We are excited about the next phase of the company. With the right partners and capital on our side we are distinctively positioned to help move the needle on healthcare outcomes," said Puneet Maheshwari, CEO, DocASAP. "Through this investment, we are best positioned to solve some of the large problems in healthcare of streamlining access and improving engagement between patients, providers and large health insurance companies. There is no other product in the industry that connects these stakeholders in the way we do and we are eager to fix this large but solvable problem."

Over the past three years, DocASAP has grown more than six times its size because of the market leading product that delivers a fast ROI to its health system and health insurance company clients.

"DocASAP's unique approach to online scheduling and patient engagement positions it as a next generation company that we believe will be transformative in the healthcare industry," said Tom Anderman of Cohen Private Ventures. "We are excited to be partnering with Puneet and the DocASAP management team as they accelerate the company's growth and solve real problems that stakeholders in the healthcare ecosystem face every day."

About DocASAP
DocASAP connects patients with optimal care providers by intelligently matching patient needs with care delivery workflows through online appointment scheduling. Through active engagement and robust analytics, healthcare providers can reduce no-shows and drive smarter operational behavior in patient access. DocASAP continues to build value for its clients through many partnerships including UnitedHealthcare and Optum. Established in 2012, the company currently connects healthcare providers with patients, managing millions of appointments each year. For more information, visit our website and our blog.

About Cohen Private Ventures
Cohen Private Ventures (CPV) oversees certain family office activities for, and invests capital on behalf of, Steven A. Cohen and his family. The firm invests long-term capital primarily in direct private equity, venture and growth equity financings, concentrated public markets positions, real estate and other opportunistic transactions. CPV was co-founded by Andrew B. Cohen and is based in Stamford, Connecticut and New York City.
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