RepeatMD Surpasses 1 Million Users and Ranks Top 200 Most Popular Shopping Apps
May 09 2024 - 1:03PM
Business Wire
RepeatMD, a SaaS company that combines rewards, patient
financing, and ecommerce to boost revenue and loyalty for
aesthetics and wellness practices, has signed up over one million
patients on its mobile app: MyRepeat - Patient Rewards.
While reaching this major milestone, RepeatMD has also made it
to the Top 200 most popular apps in the Apple App Store’s elusive
“Shopping” category, ranking as high as #126. It has beat out
popular shopping apps like Ebay, Olo, and SSENSE.
Both achievements represent major milestones for RepeatMD on its
mission to help providers conveniently grow their practices while
focusing on what matters most: transforming patients’ lives.
RepeatMD was launched by Phil Sitter in October 2021. The
company’s proprietary platform quickly took off and fulfilled an
unmet need for modern software and ecommerce tools designed to
attract and retain patients in the aesthetics and wellness
spaces.
Aesthetics is a rapidly growing industry in the United States
and globally. The market is currently valued at over five billion
dollars in the US and is expected to exceed $20 billion globally by
the end of the year. Traditionally, providers built their practices
through in-person consultations and local advertising, and many
needed more consistent tools for driving repeat business.
“Reaching one million active patients is huge for us. It means
that our practices have been able to provide life-changing
treatments to over a million people, while educating them on
services that may have previously been unfamiliar to them. We’ve
equipped aesthetics and wellness practices with the tools they need
to market and sell treatments 24/7, even outside of business hours,
and generate revenue they wouldn't have been able to otherwise. And
ultimately, they’ve been able to deliver the best patient
experience available in the industry to a significant number of
patients, who are then coming back and continuing to patronize
these practices,” says Sitter.
Over 3,000 practices in all 50 states currently use the RepeatMD
platform. They include med spas, dermatologists, plastic surgeons,
weight loss clinics, OBGYNs and many more.
The company has undergone explosive growth over the past 12
months, with a more than 5x increase in on-platform sales
year-over-year. RepeatMD also raised a $50 million Series A last
year and has established partnerships with the largest medical and
aesthetic laser manufacturers, including Alma Lasers, Sciton, and
BENEV.
What’s next for RepeatMD?
According to Sitter, “We’re working on the next evolution of the
patient experience, integrating all kinds of exciting technology
with the latest improvements in AI. As the aesthetics industry
continues to grow and evolve, we’re scaling our operations. We’ve
invented a new type of ecommerce for the health and wellness space
and there’s still much more to come.”
About RepeatMD
Most aesthetics and wellness practices struggle to find ways to
grow their businesses. RepeatMD’s platform combines the power of
rewards, patient financing, and ecommerce into a practice’s own
mobile app, providing a new source of revenue and giving clients
the industry’s best patient experience. Powered by the company’s
industry-tailored MedCommerce™ Engine, RepeatMD continuously
attracts new patients, fosters loyalty, and promotes premium
treatments for expanding practices.
For more information, visit RepeatMD.com.
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Madeleine Buras maddie@repeatmd.com