DocStation, a software platform enabling health plans to deploy pharmacists as primary care providers, secured $3.1 million in seed funding. The round was led by 8VC, with participation from UnityPoint Health Ventures, Cartmell Ventures, Free Solo Ventures, Wanxiang Healthcare, Omega Pharmacy Group, and Techstars.
Co-founders Samm Anderegg (PharmD) and Josh Matz (former InVision engineer) created the company to address the underutilization of pharmacists in clinical care. The platform identifies high-risk patients and guides pharmacists through care gaps using value-based payment models.
"Pharmacists are the most accessible healthcare providers in this country and we are still paid to count pills. The pharmacy business model is broken," Anderegg stated, adding the company aims to "increase access to safe, affordable, high-quality healthcare."
Since launching its first program in 2018, DocStation now operates across 500+ pharmacies serving approximately 500,000 patients for chronic disease management and preventive care services. The company plans to deploy new funding toward expanding payment programs into additional markets.