We asked medstudy to share its best-kept secrets with The Verge, and the company answered.
Read More and the results were surprising.
“Medstudy has seen a significant increase in sales and retention in the past few years.
In fact, we have seen sales in the first quarter of 2018 surpass our revenue for the entire year.
We are seeing significant growth in our customer base with this new service,” MedStudy CEO Daniela Sperandi told The Verge.
Sperandi says that the company has been able to offer the best value and best service for patients, as it offers a full suite of services from physical therapy, to wellness, to home and medical, and more.
“For some, that is a lot of different things, but for some, this is just one more thing to do,” she said.
MedStudy has seen significant growth and retention since 2016, when it first launched.
“We are seeing the greatest improvement in our patient experience, which is a combination of all of the new features we introduced over the last five years,” Speranda said.
“It is a tremendous achievement.”
MedStudy also announced that it is expanding its services into new regions, including Mexico and China, with the aim of creating more value for its users.
The company’s CEO also said that MedStudy’s revenue will be “significant” when it reaches $1 billion in 2018.
The biggest obstacle for MedStudy is its growing user base, which currently stands at about 2 million.
According to MedStudy, this number is expected to grow by 50% in 2019.
Despite this, Sperandis thinks MedStudy could be able to maintain its current level of growth if it continued to invest in its user base.
“It is really hard to grow as fast as we do when we have a large number of users and a relatively small number of revenue streams.
It is a challenge,” she explained.
MedStudy is also looking to grow its revenues in the future, and is in discussions with several large insurance companies.
Sperandan says that it will be very important to ensure MedStudy keeps its user bases strong in the long term.