Modern Animal Inc. - Company Research Report

Company Overview

• Name: Modern Animal Inc.

• Mission: Better veterinary care starts here.

• Founded: No information is available.

• Founders: No information is available.

• Key People: Appointed Chief Medical Officer and Chief Product Officer in 2023.

• Headquarters: No specific headquarter location is mentioned; however, services are offered in various regions.

• Number of Employees: No information is available.

• Revenue: No information is available.

• Known For: Modern Animal is known for transforming veterinary services through virtual care, on-demand medical attention, and a membership-based model for cost transparency and accessibility.

Products and Services

Virtual Care

• Description: 24/7 access to telemedicine allowing members to consult licensed technicians virtually.

• Key Features:

• Virtual consultations via chat and video calls.

• Access to health records and easy prescription management through the Modern Animal app.

• Instant appointment booking.

Membership

• Types:

• Pay As You Go: Available for free with pay-per-service features.

• All Access Membership: $199 per pet per year, offering benefits such as 10% off all products and services, free physical exams at locations, and 24/7 video consultations in the app.

In-Clinic Services

• Primary Care, Preventive Care, Surgery & Dentistry, and Diagnostics

• Puppies & Kittens' Care

• Key Features:

• Transparent pricing model.

• General medical and surgical services for cats and dogs.

• Urgent care for time-sensitive health issues.

• Warm and welcoming clinic environment.

• Referral to nearby emergency centers when needed.

Recent Developments

• AI-Assisted Patient Overview: Modern Animal unveiled AI-assisted tools as part of their next-gen veterinary care roadmap as of May 2024.

• National Expansion: Announced accelerated plans for national expansion and the appointment of new Chief Medical and Product Officers as of August 2023.

• Introduction of New Membership Model: In June 2023, Modern Animal introduced the "Pay As You Go" membership option to expand access to veterinary care.

• Technological Advancements: Introduction of a proprietary EMR system called "Claude" aimed at sustainable practice and personalized care delivery.

• Legislative Support: Dr. Christie Long supports AB 1399 legislation for legalizing telemedicine practice for veterinarians.

• Community Health Initiatives: Remained proactive in keeping communities safe amid a canine respiratory disease outbreak.

Partnerships

• Partnership Information: No information is available on specific partnerships.

Marketing and Customer Experience

• Unique Offerings:

• Customer testimonials highlight convenient scheduling, quality care, reasonable pricing, and distinctive 24/7 telemedicine service.

• Clinics designed to improve patient experience by fostering open and trusting relationships.

Conclusion

Modern Animal is committed to revolutionizing veterinary care through innovative technology-driven services, providing both in-clinic and virtual care options, enabling pet owners to manage their animal's health seamlessly. The company fosters a unique membership model, ensuring care accessibility and transparency. Additionally, its strategic roadmap indicates an emphasis on expanding nationwide presence and technological enhancement.