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Helping Patients Find Affordable Healthcare
With over 53 million Americans without health insurance and an additional 100 million without dental insurance, there is an obvious need to help those who cannot afford it gain access to the healthcare they need. The founders of PriceDoc.com recognized the fact that millions of Americans, whether uninsured, underinsured or just seeking elective procedures, were not able to go online to shop for healthcare procedures or services.
This spawned the idea to create PriceDoc.com, where cash paying consumers can shop for, compare and purchase affordable medical and dental procedures from qualified providers in their area.
The PriceDoc executive team consists of seasoned veterans from the Medical, Financial and Web Technology fields.
PriceDoc chose Seattle and the greater Puget Sound region for its pilot program because of the favorable demographics and e-commerce savvy consumers. Currently PriceDoc has a sales and marketing team of seven people working to populate PriceDoc.com with providers. PriceDoc’s network includes hundreds of providers and is growing every day.
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For Immediate Release: April 20, 2009
For more information: Todd Myers (206) 963-3409
New Website Helps Families Find Better Healthcare at a Better Price
PriceDoc.com is a free website that lets cash-paying patients shop and compare prices for medical, dental and elective procedures
Seattle, WA – With an estimated 700,000 people without health insurance in Washington, and another 1.4 million without dental insurance, finding affordable healthcare can be difficult when the need arises. Many who do have health insurance find that vision, dentistry, cosmetic, or preventative procedures are not covered, causing them to pay out of pocket.
A new website however, offers patients an opportunity to find the care they need at the right price.
PriceDoc (www.pricedoc.com) brings cash-paying patients together with healthcare providers who offer the services they need. PriceDoc is similar to web pages that help travelers find the best deals, but is the first to connect the vast market of cash-paying patients to providers. Many of the uninsured are young adults and middle-class families who cannot afford healthcare. These groups still need medical and dental treatment, but may prefer to pay cash for the services.
“PriceDoc is a win-win solution for physicians and patients,” says Glenn Safadago, CMO of PriceDoc. “PriceDoc helps patients who have avoided care because of the cost, find a qualified provider that’s right for them at an affordable price. Providers save money by eliminating payment delays from insurance companies and improves their cash flow by introducing new, cash-paying patients.”
A powerful option on the PriceDoc website is the “Name Your Price” feature. If the patient is not able to find a price within their budget, he or she is then able to post the price that they can afford. PriceDoc then searches for a provider that will accept their offered price and notifies the consumer instantly.
Patients can compare the credentials, services and prices of nearly 300 local area doctors, dentists and other healthcare professionals.
PriceDoc also helps those seeking elective procedures, those with health savings accounts or high-deductible health insurance, find affordable care.
The Puget Sound area is the first region where PriceDoc is being offered, with planned expansion to California in 2010.
“It’s only natural that we launch PriceDoc in Seattle,” says Safadago. “Seattle is the leading city in the United States for e-commerce, software and Internet technology with companies such as Amazon and Microsoft. Historically, Seattle has been the testing ground for many innovative web based and medical technology companies. It is the perfect place to launch a product that helps make healthcare affordable to as many Americans as possible.”
To learn more about PriceDoc, Inc, visit www.pricedoc.com or contact them at 1.877.783.2771
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Our Team
PriceDoc has a team of successful business and medical professionals with extensive experience in healthcare, medical products, e-commerce, biotech start-ups, and successful initial public offerings.
Management Team
The key members of the Company’s management team include:
- William Chadwick, Chief Executive Officer
- Patrick Bradley, Ph.D., President and Chief Operating Officer
- Glenn Safadago, Chief Marketing Officer
- Michael Stoop, Chief Technology Officer
- Julian L. Henley, M.D., Chief Medical Officer
William Chadwick - Chairman of the Board and CEO
As founder and managing director of numerous firms specializing in investment banking and securities, Mr. Chadwick will serve a PriceDoc’s Chairman and CEO. Among the successful enterprises he has founded are Chadwick, Saylor & Co., Inc., specializing in investment banking; CS Securities, Inc., a broker-dealer; CS Capital Management, Inc., an investment advisor; and Chadwick, Saylor Realty, Inc., a real estate broker.
He is a former Partner and Chairman of the Tax Department for Paul, Hastings, Janofsky & Walker, LLP, an international law firm with 1200 attorneys in 18 offices worldwide.
Earlier in his career, Mr. Chadwick was Administrator, Pension and Welfare Benefit Programs, United States Department of Labor. He was also Attorney-Adviser for Tax Policy, United States Department of the Treasury.
Mr. Chadwick was appointed to the Board of Directors of the California Science Center by California Governor Gray Davis in 1999 to a 4-year term and re-appointed to another 4-year term in 2003. California Governor Arnold Schwarzenegger appointed Bill to another 4-year term in 2007. He was selected by his colleagues to serve as Chair for three terms in 2002-2004 and again in 2007 and 2008.
He earned a J.D. from Vanderbilt University School of Law where he was Book Review Editor of the Vanderbilt Journal of Transnational Law. He has a B.A. from St. Lawrence University was elected to the St. Lawrence University Athletic Hall of Fame in both football and lacrosse and served as the Captain of the 1969 Football Team.
Patrick Bradley, Ph.D. - President and Chief Operating Officer
Dr. Bradley combines a strong background in healthcare business development, product management, marketing skills, and leadership. At Quinton Instrument Company, he was Director of Product Management with several lines of cardiac instrumentation including six Product Managers. The Company grew from $30 million to $110 million during his six-year tenure.
As Associate VP of Marketing, he helped VitalCom, a start-up medical wireless company, grow to $25 million in revenue and the company completed a successful IPO and eventual acquisition by GE Medical.
During his five years as Vice President of Business Development at CardioDynamics, he played key role in revenue growth from $2 million to $42 million.
An expert in forging strong partnerships, Mr. Bradley has managed corporate partnership agreements with Johnson and Johnson, Siemens, Hewlett-Packard, GE Medical, Philips, Datascope, Medtronic, PSS, SpaceLabs, Welch-Allyn, Medical Data Electronics and Mindray Biomedical.
He holds three issued U.S. Patents in biotechnology and medical devices. He has a BS in Biology from Texas Aamp;M University and MS and Ph.D. degrees in physiology from University of Texas. He was Captain of the Texas Aamp;M track team, All-American, and a member of the U.S. Olympic training squad in 1980 in modern pentathlon.
Glenn F. Safadago - Chief Marketing Officer
Mr. Safadago has 27 years of experience in the healthcare industry. He has focused on sales, marketing and development of medical devices in the areas of cardiology, radiology, pulmonary medicine, sports medicine and rehabilitation.
Mr. Safadago was Director of International Sales and Marketing at Quinton Instrument Company where he successfully positioned the company as a dominant competitor in the worldwide market. He reported directly to the president of the company as a member of the president's executive team.
After his career at Quinton Instrument Company, Mr. Safadago founded HealthCare International (HCI) and served as President. He built HCI into a profitable and reputable business, successfully launching product brands, managing market research, marketing communications and pricing strategies, as well as advanced contract negotiations.
He holds a B.A. in Communication Disorders with advanced Masters Degree courses in Audiology from Central Washington University.
Michael Stoop - Chief Technology Officer
Mr. Stoop is a senior executive with a reputation for building and leading strong organizations that successfully deliver strong results. He has successfully built winning teams for startups and Fortune 500 companies alike. He has experience in strategic planning, organizational development, customer service, and product development. Mr. Stoop has 7 issued U.S. Patents in cellular architecture and data transfer methods for real time patient monitoring.
Recently Mr. Stoop served as Sr. Vice President, Research and Development for Nexa Technologies, an online brokerage with web-based trading and applications. Previously, he was Vice President, Research and Development at VitalCom Inc. a leader in providing networks that acquire, interpret and distribute real-time healthcare information. After a successful IPO, GE Medical eventually acquired the company.
Mr. Stoop also previously served as Vice President, Software Development at StarTel Corporation, a leader in the development of automated text messaging systems used in the automation of message centers located in hospitals, small business office suites and telephone answering bureaus. The company had a successful IPO and was acquired by Comverse Technology, Inc.
Julian L. Henley, M.D. - Chief Medical Officer
Dr. Henley is a successful ear, nose and throat specialist, as well as a facial plastic and reconstructive surgeon with over two decades of experience in private practice in Connecticut and New York. He is Board Certified with the American Board of Otolaryngology and the American Board of Cosmetic Surgery and is a member of the clinical teaching staff at Yale University. He has served his two medical fields of specialty, both in conducting complex cancer surgeries, and in developing groundbreaking new procedures in the field of facial plastics.
Prior to studying medicine, Dr Henley majored in physics and applied mathematics at Harvard University, with continued activity and developments in biotechnology. He is the holder of over 29 issued patents in various biotechnology and medical devices including an artificial voice box and a multi-platform drug delivery system. He holds patents in protective devices for bioterrorism, life support systems, and electro molecular drug delivery systems.
Dr. Henley developed a sophisticated concept for online medical bidding and developed functioning prototype software, and then filed an extensive patent with the U.S. patent office in 2000, and subsequently. published by the U.S. patent office in October of 2003.
Media Contact
For more information:
Schwartz Communications, Inc.
595 Market Street
Suite 2000
San Francisco, CA 94105
415-512-0770
415-882-5787 (f)
