Offcall, a financial and career platform built by and for physicians, announced it officially launched to address the growing career and financial challenges doctors face in a challenging healthcare landscape. And Offcall raised $2 million, with participation from Bloomberg Beta, Roar Ventures, and 26 leading physicians across the U.S. including Shiv Rao, MD, Founder and CEO of Abridge, Joseph Habboushe, MD, CEO and co-founder of MDCalc, and Cheri Blauwet, MD, Paralympian and sports medicine physician.
Driven by a mission to dramatically reduce burnout by improving doctors’ wealth and well-being, Offcall aims to provide doctors across the country with transparent compensation data, practical financial and career tools and resources, and a digital space for meaningful connection in an effort to help them improve their professional and personal lives.
Offcall will offer physicians free access to its vast and verified database of job and compensation data, such as patient volume, call schedules, benefits, and administrative culture. Physicians can also access high-yield resources on a range of topics tailored to their unique financial challenges, such as how to manage student debt, plan for retirement, navigate taxes, and balance priorities.
Offcall eventually plans to offer additional career-navigation tools to help physicians compare and understand their employment and financial options, better advocate for themselves, and find professional opportunities tailored to their preferences.
KEY QUOTES:
“Physicians would never make clinical decisions without knowing patients’ vital signs, but when it comes to our own finances and choosing where to work, we lack financial vital signs and are left flying blind. By finally providing clear and personalized financial data, Offcall will bring much-needed transparency and help ensure that physicians nationwide start getting fairly compensated for their time and value.”
- Dr. Graham Walker, co-founder of Offcall and practicing emergency medicine physician in San Francisco
“By focusing squarely on physicians’ financial health, Offcall is tackling one of the leading causes of burnout nationwide. Our goal is to instill greater transparency and more autonomy for physicians, and by doing so, we will not only help physicians find more fulfillment in their jobs, we will also foster healthier relationships between physicians and their employers – creating a more sustainable and win-win approach for the future of medicine.”
- Jake Horowitz, Offcall co-founder and CEO
“Thriving at work today requires a different toolkit than prior generations. Offcall is bringing important new tools to doctors to help them practice at the top of their license. Bloomberg Beta invests in the future of work, and we’re thrilled to back Offcall as they create tools that will help the modern physician thrive for years to come.”
- Karin Klein, Founding Partner at Bloomberg Beta
