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With $3.7M Raised, Gentem is Just What the Doctor Ordered

Gentem , a health services reimbursement company, recently closed its initial round of venture capital funding with an impressive $3.7 million. The funds signal good news and speedy growth for a company that is less than one year old, placing Gentem on the fast track to becoming an invaluable contribution to the healthcare industry. If not for the vision of one aspiring doctor, Gentem may never have come to be. A passion for patient care led Fisayo Ositelu — MD, CEO, and co-founder of Gentem — to pursue his dream of becoming a doctor. However, his clinical experiences led to the realization that patient care was only one major aspect of becoming a physician. The role was also fraught with time-consuming billing issues and other administrative complexities. While Ositelu went on to obtain the medical degree, he stopped short of practicing when he conferred with other physician friends who noted the same frustrations he had. The “physician fatigue” that they observed is underscored by...

Emily Adeyanju

Jan 15, 2020