OneClick Referral Investor Brief
OneClick Referral is a referral management software platform for enterprise healthcare and dentistry built to solve the "lost patient" problem during referrals.
- Referral management for dentists, DSO's, doctors, and labs
- Internal referrals
- External referrals
- Word of mouth referrals
- Traveling specialists management
- Dental to medical referrals
- Sleep dentistry workflow
- Marketing system for referrals (mapping, reviews, outreach, analytics)
- Patient forms & mobile app for file sharing, scheduling, and payments
- Dental and medical insurance verification
- Practice management and EMR integrations
Introduction
The system reduces referral leakage. It helps grow market share with improved referral management, patient communication, insurance verification, scheduling, e-consults, telehealth, and a provider CRM that integrates with dental practice management systems and medical EMR's to improve comprehensive patient care.
OneClick is raising $2.5m over the next year to fund development, marketing & sales to grow to $4m in annual revenue and exit for $20-24m by EOY 2025. We already have three interested acquirers.
Problem
Lost Revenue - When patients are given a handwritten referral and walk out of the practice, they are instantly lost. Other dental providers in that patient's care life-cycle also have no idea who that patient has seen or where they are in the treatment phase, thus leading to the industry's systemic breakdown in referral communication. When patients get lost in the referral process, both the Referring Office & Specialist lose revenue. Cost practices up to $20k/referral.
Wasted Time - It costs the industry millions of dollars a year to have team members of any referring dental practice wasting huge amounts of time attempting to track down pieces of information for these referred patients. This costs the practice money and time and contributes to the industry's real problem with Dr./Auxiliary burnout.
Health Consequences - Patients often perceive dental/medical procedures as discretionary and don’t show up for only 35%+ of referrals made. This results in serious health consequences.
Market
180k Dentists - Dental Industry Market Size: $20+ billion - 1m medical practices (secondary market)
- 1.8m international dental practices (secondary market)
Revenue Sources
$295 a month per office (SaaS)- Colleague database purchase
- Insurance verifications
Competition
Currently, most dental and medical practices use paper referrals. Competitors include LOOP, Leading Reach, Referra, and Referrably.
Founders & Team
Travis Rodgers (Chairman/Founder) has built over 20 dental products and helped launch over 200. He had an exit to ADP with VirtualEdge in 2007 and to IBM with Kenexa in 2011 and has over 25 years of experience running companies.
Dr. Brent Boyse (Founder/Clinical Officer) is considered one of the leading Oral Surgeons in the dental industry and has grown his practice to 5 offices and 6 doctors with over 700 referring offices.
Matthew Hernandez (President) has over 26 years of experience in the dental industry, has started 3 DSO’s, 35 practices and 5 full service dental labs, and consulted with hundreds of practices across the country on how to manage and grow their referrals.
The team comprises 11 members in development, sales, support, and marketing and is ready to scale for growth.
Summary
OneClick Referral is the leader in referral management in the dental industry. Version 1 of the product has been proven to increase revenue for its existing customers significantly.
The $2,500,000 in funding will be used to fund the development of version 2 and for marketing & sales to grow to $4m in annual revenue and exit for $20-24m by EOY 2024.
Contact Information
Travis Rodgers
OneClick Referral Inc. - Chairman & Founder
P: (480)999-3342
Ready to Ask For Funding for your company?
Post a Funding Request