BIRMINGHAM, Ala., Dec. 19, 2018 (GLOBE NEWSWIRE) -- Alabama Futures Fund, LP (“AFF”) is excited to announce that it has recently invested in Birmingham, Alabama-based VirtualCare, LLC (“VC”). AFF’s investment will fund the launch of VC’s innovative Direct Primary Care platform, DoctorWELLington. DoctorWELLington will provide access to virtual care, telemedicine and primary care physician office visits for a low monthly subscription fee, without co-pays, deductibles and other traditional insurance fees. A first-of-its-kind approach, DoctorWELLington uses an integrated technology platform to offer end-to-end continuity of care to patients through a network of primary care physicians.
The DoctorWELLington service will be available to consumers directly or through participating employers as a supplemental healthcare benefit.
According to Mickey Millsap, partner at Redhawk Advisory who serves as the investment manager for AFF, “We believe that VirtualCare, through use of its DoctorWELLington product, is positioned to disrupt the traditional direct primary care market. We are very excited to see this company grow its forward-looking technology here in Alabama.”
Sam Eskildsen, the founder and CEO of VirtualCare shares in that excitement, “DoctorWELLington has a chance to revolutionize the way people get their Primary and Urgent Care. It is exciting to think that Alabama could be the birthplace of something so disruptive and on the leading edge of healthcare. Without the Alabama Futures Fund this would not have been possible. Their focus on growing the Alabama start-up ecosystem and incubating homegrown early-stage companies like VirtualCare is what makes it possible. It has been a joy to work with them. The process has been professional, quick, and exactly what early-stage startups need access to.”