Doximity, Inc. Class A Common Stock (DOCS)

Frequently Asked Questions About Doximity, Inc. Class A Common Stock (DOCS)

How does Doximity ensure data privacy?

Doximity ensures data privacy by complying with HIPAA regulations and employing robust security measures, such as encrypted communication and strict access controls. The platform regularly undergoes security audits to ensure that user data remains protected and confidential, allowing healthcare professionals to communicate safely.

How does Doximity measure success?

Doximity measures its success through various metrics, including user growth, engagement levels, and the effectiveness of its services in improving healthcare communication. The company also monitors user satisfaction and feedback to refine its offerings and ensure that they continue to meet the needs of healthcare professionals effectively.

How does Doximity support healthcare professionals?

Doximity supports healthcare professionals by providing a platform that enhances communication, collaboration, and access to resources. Physicians can use the platform to connect with colleagues, share insights, access medical news, and participate in telehealth consultations, all of which improve their practice efficiency and patient care.

How many users does Doximity have?

As of the latest data, Doximity has over 1.8 million registered users, most of whom are healthcare professionals including physicians, nurses, and other medical staff. This expansive network allows for a robust sharing of knowledge and resources among its users, making it a go-to platform for many in the industry.

Is Doximity publicly traded?

Yes, Doximity went public on June 24, 2021, under the ticker symbol DOCS on the New York Stock Exchange. Since its IPO, Doximity has continued to attract investor interest due to its position in a growing market and its innovative approach to healthcare communication.

What are the future plans for Doximity?

Doximity plans to continue expanding its product offerings, focusing on enhancing its telehealth features and providing more resources for continuing medical education. Additionally, the company aims to grow its user base by increasing outreach and engagement with healthcare professionals across various specialties.

What does Doximity, Inc. do?

Doximity, Inc. is a digital platform designed specifically for healthcare professionals. It provides a suite of tools for physicians, including a professional networking site, telehealth capabilities, and resources for accessing medical information. The platform facilitates communication and collaboration among healthcare providers, allowing them to share knowledge, discuss cases, and stay updated with medical news.

What industries does Doximity operate in?

Doximity operates primarily in the healthcare and technology industries. It serves a wide range of healthcare professionals, including physicians, nurses, and other medical staff, by providing tools that enhance communication, improve workflows, and facilitate telemedicine solutions.

What is Doximity's approach to innovation?

Doximity's approach to innovation involves leveraging technology to improve healthcare communication and workflows. The company actively seeks feedback from users to enhance its platform continually, while investing in research and development to create new features that meet the evolving needs of healthcare professionals.

What is Doximity's business model?

Doximity's business model is primarily based on a freemium model, where healthcare professionals can access certain features for free, while paying for premium services. Additionally, the company generates revenue through partnerships with pharmaceutical companies and healthcare organizations that want to reach Doximity's user base, which includes over a million verified healthcare professionals.

What is Doximity's impact on telemedicine?

Doximity has made a significant impact on telemedicine by providing easy-to-use tools that facilitate remote consultations between healthcare providers and patients. Its telehealth services allow physicians to easily connect with patients, especially during the COVID-19 pandemic, thus ensuring continuity of care and expanding access to healthcare services.

What is the significance of Doximity’s IPO?

Doximity's IPO was significant as it marked the entrance of a health tech company into the public market, showcasing the growing interest and investment in digital health solutions. The IPO raised substantial capital for Doximity, which the company plans to use to enhance its platform, expand its user base, and strengthen its services to healthcare professionals.

What role does Doximity play in medical education?

Doximity plays a pivotal role in medical education by offering healthcare professionals access to continuing medical education (CME) resources, peer-to-peer networking, and the latest medical-specific news. This helps physicians stay current with advancements in their fields and enhances their professional development.

What services does Doximity offer?

Doximity offers various services, including a secure, HIPAA-compliant communication platform for healthcare professionals, telehealth services that allow for video consultations, a medical news feed, an extensive directory of physicians and healthcare providers, and tools for continuous medical education. These services help healthcare providers stay connected and informed.

What technology does Doximity use?

Doximity employs cutting-edge technology, including secure cloud computing and advanced data encryption, to ensure that its platform remains HIPAA-compliant and safe for sharing sensitive medical information. The platform is also optimized for a variety of devices, making it accessible for users whether they are on computers or mobile devices.

When was Doximity founded?

Doximity was founded in 2010 by Dr. Jeff Tangney, Dr. Jack A. W. Tawil, and Dr. Nick D. Elway. The company was created to help healthcare professionals connect with one another and improve the efficiency and effectiveness of patient care through technology. Since its inception, Doximity has grown significantly and has become one of the leading platforms in the healthcare sector.

Where is Doximity headquartered?

Doximity is headquartered in San Francisco, California. The company's location in a major tech hub provides it with access to top talent and innovation within the technology industry, allowing it to continually enhance its platform and services for healthcare professionals.

Who are Doximity's competitors?

Doximity faces competition from several companies within the healthcare technology space. Major competitors include platforms like LinkedIn for Healthcare, MedPage Today, and other telehealth services such as Amwell and Teladoc. Each of these companies offers varying degrees of networking, information-sharing, and telehealth solutions aimed at healthcare professionals.

Who are the executives at Doximity?

Doximity's executive team includes co-founder and CEO Dr. Jeff Tangney, who has played a pivotal role in guiding the company's vision and strategy. Other key executives include Dr. Nick A. Elway, Co-founder and Chief Medical Officer, and various leaders in engineering, operations, and finance, all of whom contribute to the company's success in the healthcare technology space.

What is the current price of Doximity, Inc. Class A Common Stock?

The current price of Doximity, Inc. Class A Common Stock is 51.56

When was Doximity, Inc. Class A Common Stock last traded?

The last trade of Doximity, Inc. Class A Common Stock was at 2:55 pm EDT on April 4th, 2025