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Doximity Inc's Business Segments
Doximity Inc's reported revenue by business segment and by geographic region, quarterly and annual, normalized against the consolidated income statement. Free below: the top 3 rows per table, this quarter and this fiscal year. Subscriber access adds the full segment history and operating income by segment.
Segment Data As of FY
Reportable Segments
2
Largest Segment
Subscription
Total Revenue
$ 157
Regions Reported
-
Revenue Share by Reportable Segment - FY
- Subscription93.4%
- Service, Other6.6%
Revenue by Reportable Segment - FY
| Segment | Revenue (Millions) | % of Total |
|---|---|---|
| Subscription | $ 146 | 93.4% |
| Service, Other | $ 10 | 6.6% |
Annual Results
Revenue Share by Reportable Segment - FY
- Subscription93.4%
- Service, Other6.6%
Revenue by Reportable Segment - FY
| Segment | Revenue (Millions) | % of Total |
|---|---|---|
| Subscription | $ 146 | 93.4% |
| Service, Other | $ 10 | 6.6% |
Revenue by Product & Service Category - FY
- Subscription94.4%
- Service, Other5.7%
Revenue by Product & Service Category - FY
| Category | Revenue (Millions) | % of Total |
|---|---|---|
| Subscription | $ 608 | 94.4% |
| Service, Other | $ 36 | 5.7% |
Product and service categories are a supplemental disclosure and are not required to sum to consolidated revenue or to the reportable segments above.
Description of Doximity Inc
Doximity Inc is an intermediary mobile communication platform for medical professionals, providing them with a secure and private network where they can collaborate, communicate, and stay up-to-date with the latest trends in the medical industry. The company was started in 2011 by Dr. Jeff Tangney and Shari Buck, with a mission to connect medical professionals in a way that makes their jobs easier, drives patient care improvement, and promotes lifelong learning.
The Doximity network is built on a platform that offers advanced encryption and security protocols to ensure sensitive medical information remains private and secure. Medical professionals can use the service to share patient information, communicate with other providers, and access medical research and best practices. The network enables physicians to collaborate across specialties and locations and be more productive on the go. Doximity also offers a job board, where medical professionals can find job opportunities and connect with potential employers.
Doximity has over5 million verified medical professionals registered on its platform, which represents over 80% of all U.S. physicians. It is the largest professional medical network in the United States, and it includes healthcare professionals from over 70 specialties. The company is headquartered in San Francisco, California, with offices in Durham, North Carolina, and Toronto, Canada.
Doximity Inc has received several awards and recognition for its innovative work, including being named to the Forbes Cloud 100 list and recognized as one of Fast Company's Most Innovative Companies in Healthcare. The company has also received significant financial investment from top venture capital firms, including Morgenthaler Ventures, Emergence Capital, and InterWest Partners.
Overall, Doximity Inc is a cutting-edge and innovative medical platform that provides a vital service for medical professionals in the United States. By fostering communication and collaboration between physicians, the company is driving meaningful improvements in patient outcomes and promoting lifelong learning for medical professionals.
The Doximity network is built on a platform that offers advanced encryption and security protocols to ensure sensitive medical information remains private and secure. Medical professionals can use the service to share patient information, communicate with other providers, and access medical research and best practices. The network enables physicians to collaborate across specialties and locations and be more productive on the go. Doximity also offers a job board, where medical professionals can find job opportunities and connect with potential employers.
Doximity has over5 million verified medical professionals registered on its platform, which represents over 80% of all U.S. physicians. It is the largest professional medical network in the United States, and it includes healthcare professionals from over 70 specialties. The company is headquartered in San Francisco, California, with offices in Durham, North Carolina, and Toronto, Canada.
Doximity Inc has received several awards and recognition for its innovative work, including being named to the Forbes Cloud 100 list and recognized as one of Fast Company's Most Innovative Companies in Healthcare. The company has also received significant financial investment from top venture capital firms, including Morgenthaler Ventures, Emergence Capital, and InterWest Partners.
Overall, Doximity Inc is a cutting-edge and innovative medical platform that provides a vital service for medical professionals in the United States. By fostering communication and collaboration between physicians, the company is driving meaningful improvements in patient outcomes and promoting lifelong learning for medical professionals.
Doximity Inc. is a prominent health tech company that focuses on providing a comprehensive suite of solutions specifically tailored for medical professionals. The companys offerings are structured into various segments, each encompassing an array of products and services aimed at streamlining workflows and improving patient care.
Segments:
1. Physician Network:
- Doximity hosts a dedicated physician network that is exclusive to verified medical professionals. This network acts as a social platform for physicians to connect, share medical insights, and collaborate on patient care effectively. It encourages peer-to-peer communication, fostering a sense of community among healthcare providers.
2. Career Marketplace:
- The Career Marketplace serves as a vital bridge between healthcare organizations and physicians on the lookout for job opportunities. It includes job postings tailored for medical professionals, detailed company profiles, and resourceful information regarding the hiring process. This segment significantly simplifies the job search journey for physicians, aligning them with potential employers.
3. Education and Training:
- Doximity recognizes the importance of continuous professional development and offers a variety of educational resources and training sessions. Physicians can participate in webinars, workshops, and earn Continuing Medical Education (CME) credits. This segment ensures that medical professionals stay abreast of the latest advancements and best practices in their fields.
Products:
1. Doximity Dialer:
- The Doximity Dialer is an essential tool for medical professionals, enabling them to make and receive HIPAA-compliant calls directly from their mobile devices. This innovative solution eliminates the dependency on traditional landlines and pagers, streamlining communication between doctors and with patients, ensuring confidentiality and security.
2. Doximity Talent Finder:
- This AI-driven recruitment tool leverages advanced algorithms and data analytics to assist healthcare organizations in identifying and recruiting the most suitable candidates. It simplifies the hiring process by helping recruiters connect with physicians who meet specific job criteria, enhancing the overall recruitment efficiency.
3. Doximity One-Click Consult:
- An intuitive platform designed for secure and timely consultations among medical professionals. Physicians can review patient cases and exchange vital insights with just a single click, regardless of their geographical location. This product enhances collaborative care, ensuring that physicians can access crucial information promptly.
Services:
1. Medical Marketing Services:
- Doximity offers specialized marketing services that enable healthcare organizations to target physicians within its network effectively. By utilizing comprehensive data and targeted campaigning strategies, organizations can promote their services, products, and career opportunities to relevant medical professionals based on specific criteria.
2. HIPAA-Compliant Faxing:
- Understanding the necessity of secure document transmission in healthcare, Doximity provides a HIPAA-compliant faxing service. This service facilitates the secure sending and receiving of documents, obviating the need for outdated fax machines and enhancing operational efficiency.
3. Custom Apps and Integrations:
- Doximity extends its capabilities by offering organizations the possibility to customize their user experience through APIs and integrations. This service allows healthcare organizations to create tailored applications that can seamlessly interact with Doximity’s physician network and communication tools, thereby addressing their unique requirements.
Summary:
In summary, Doximity Inc. encompasses a multifaceted approach, with segments, products, and services designed to enhance collaboration among medical professionals, streamline their communication, and ultimately improve patient care. The robust suite of tools provided by Doximity empowers physicians to forge connections, explore career opportunities, engage in continuous education, and communicate securely while adhering to stringent HIPAA regulations. With its innovative solutions, Doximity stands out as a pivotal partner for healthcare professionals navigating the complexities of modern medical practice.
Segments:
1. Physician Network:
- Doximity hosts a dedicated physician network that is exclusive to verified medical professionals. This network acts as a social platform for physicians to connect, share medical insights, and collaborate on patient care effectively. It encourages peer-to-peer communication, fostering a sense of community among healthcare providers.
2. Career Marketplace:
- The Career Marketplace serves as a vital bridge between healthcare organizations and physicians on the lookout for job opportunities. It includes job postings tailored for medical professionals, detailed company profiles, and resourceful information regarding the hiring process. This segment significantly simplifies the job search journey for physicians, aligning them with potential employers.
3. Education and Training:
- Doximity recognizes the importance of continuous professional development and offers a variety of educational resources and training sessions. Physicians can participate in webinars, workshops, and earn Continuing Medical Education (CME) credits. This segment ensures that medical professionals stay abreast of the latest advancements and best practices in their fields.
Products:
1. Doximity Dialer:
- The Doximity Dialer is an essential tool for medical professionals, enabling them to make and receive HIPAA-compliant calls directly from their mobile devices. This innovative solution eliminates the dependency on traditional landlines and pagers, streamlining communication between doctors and with patients, ensuring confidentiality and security.
2. Doximity Talent Finder:
- This AI-driven recruitment tool leverages advanced algorithms and data analytics to assist healthcare organizations in identifying and recruiting the most suitable candidates. It simplifies the hiring process by helping recruiters connect with physicians who meet specific job criteria, enhancing the overall recruitment efficiency.
3. Doximity One-Click Consult:
- An intuitive platform designed for secure and timely consultations among medical professionals. Physicians can review patient cases and exchange vital insights with just a single click, regardless of their geographical location. This product enhances collaborative care, ensuring that physicians can access crucial information promptly.
Services:
1. Medical Marketing Services:
- Doximity offers specialized marketing services that enable healthcare organizations to target physicians within its network effectively. By utilizing comprehensive data and targeted campaigning strategies, organizations can promote their services, products, and career opportunities to relevant medical professionals based on specific criteria.
2. HIPAA-Compliant Faxing:
- Understanding the necessity of secure document transmission in healthcare, Doximity provides a HIPAA-compliant faxing service. This service facilitates the secure sending and receiving of documents, obviating the need for outdated fax machines and enhancing operational efficiency.
3. Custom Apps and Integrations:
- Doximity extends its capabilities by offering organizations the possibility to customize their user experience through APIs and integrations. This service allows healthcare organizations to create tailored applications that can seamlessly interact with Doximity’s physician network and communication tools, thereby addressing their unique requirements.
Summary:
In summary, Doximity Inc. encompasses a multifaceted approach, with segments, products, and services designed to enhance collaboration among medical professionals, streamline their communication, and ultimately improve patient care. The robust suite of tools provided by Doximity empowers physicians to forge connections, explore career opportunities, engage in continuous education, and communicate securely while adhering to stringent HIPAA regulations. With its innovative solutions, Doximity stands out as a pivotal partner for healthcare professionals navigating the complexities of modern medical practice.