Technology

Telemedicine: Circle Medical Expands in Montreal

Circle Medical grew 195% in 2021 (Photo: courtesy)

The Californian telemedicine services company Circle Medical, founded by two Quebecers, has grown 195% over the past year and intends to keep pace in 2022 by betting on a major recruitment drive for its Montreal office.

“Our revenues will reach 31 million US dollars (M $ US) this year and we want to maintain a triple-digit growth rate next year by doing 150 hires, almost all in Montreal,” explains the co-founder and CEO of Circle Medical. George Favvas.

The company currently has 80 employees, 19 of them in Montreal. If everything goes according to plan, in a year, the company would have 230 employees, of which 170 in the metropolis.

“We are looking for dedicated customer service and administration employees, as well as design and marketing specialists,” explains Mr. Favvas.

The leader says he relies on the strength of Montreal’s workforce at the tech, life sciences and artificial intelligence poles. “Also, we are not afraid to hire staff from abroad to bring skilled workers to Montreal. With the help of the Montreal International organization, we recently hired a product designer who used to work at Uber in Dubai and he will come to Montreal with his family, ”he explains.

Circle Medical, founded in Silicon Valley, is now a subsidiary of Canadian company Well Health Technologies (WELL, $ 5.11), so it does not intend to offer its services in Canada. Rather, you want to continue your establishment in the United States, where telemedicine services currently make up 90% of your income.

To date, the company has operations in a dozen states, including New York, California, Florida and Texas. More than 135 general practitioners and nurses use the platform to offer their services online, a number that Circle Medical would like to increase to 500 in one year.

“What is complex for health care specialists, such as physicians, is that they must be licensed to practice in every state in the United States. That’s why we focus on the most populated states first, because no matter how dense the population is, the work to locate in a new state is almost always the same, ”says George Favvas.

Healthcare professionals use the Circle Medical platform as freelancers to provide basic and preventive healthcare. Among other things, they can sign prescriptions and authorizations to attend blood tests or X-rays, as well as to consult various specialists.

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