Alfie

Overview of Alfie

Alfie, previously known as MIST, is a healthcare services provider offering a rigorous virtual medical program designed for weight loss. Engaged prominently within the healthcare sector, the company operates out of New York, NY, USA with a small team of six members. Alfie's presence is noted in various regions, including the United States, America/Canada, and several remote areas. Rooted in research from prominent institutions like Cleveland Clinic and Harvard, Alfie's program claims to be twice as effective as standard prescription medications and five times more effective than habit change alone.

Services

Alfie provides a comprehensive virtual medical program for weight loss, targeted at adults with a BMI of 30 and above or 27 and above combined with other metabolic conditions such as diabetes, high cholesterol, and cardiovascular disease. The program combines telehealth services, insurance billing, remote patient monitoring, and precision medicine analytics. It does not require a referral from a doctor and is built to support a variety of underlying health conditions. Alfie utilizes a proprietary tool, ObesityRx™, to analyze patients' medical histories, lab results, and survey responses, tailoring treatment plans accordingly. Patients receive biweekly feedback and health coaching to maintain accountability.

Investor Relationships

Alfie has raised capital from reputable investors including Goodwater Capital, Nina Capital, Air Force Ventures, and Phoenix Club, alongside various notable super angels such as the founder of OpenTrons. This backing has enabled the company to scale its operations and enhance its offerings. Alfie also participated in the Y Combinator’s W22 batch, connecting them with a network of industry experts and potential investors.

Insurance and Payment Options

Alfie accepts most insurance plans in certain states, making its services accessible to a broader demographic. For those without insurance coverage, the program costs $120 per month. Prescription medications, though not included in this fee, are managed through insurance coverage with costs capped at $25 or less post-deductible. Patients can also use FSA/HSA cards to pay for services. The company offers refunds under specific conditions, ensuring transparency and user satisfaction. Full refunds are available if requested before seeing a provider, and partial refunds are offered if medication coverage cannot be secured within 60 days, with deductions for provider fees.

Geographic Reach and Availability

Alfie's services are currently offered in several states including DC, MD, VA, NJ, NY, FL, and TX, with plans to expand further. The company supports both fully and partially remote setups, facilitating flexible treatment options for patients. Alfie also collaborates with clinics and hospitals to improve health outcomes, reduce costs, and enhance revenue through its integrated, technology-driven approach.