VSee Health Inc (VSEE) is a telehealth technology and services company that operates two distinct business lines: a configurable telehealth software platform and a tele-intensive care physician services practice. Revenue comes from software licensing and physician services fees, with the software segment delivered through wholly-owned subsidiary VSee Lab and the clinical services segment delivered through wholly-owned subsidiary iDoc. VSee Lab sells a no-code/low-code telehealth platform to U.S. hospitals and enterprises, offering software building blocks for on-demand visits, scheduling, remote patient monitoring, and EHR integration with systems including EPIC and Cerner. iDoc provides virtual ICU physician coverage, delivering general critical care, neurology, EEG reading, and neuro critical care to hospital systems, small and micro hospitals, long-term acute care facilities, and the federal prison system. The company is classified as a smaller reporting company, with annual revenue below $100 million as disclosed in the 10-K filed March 31, 2026.

Revenue model

VSee Health generates revenue through two channels: software-as-a-service fees from the VSee Lab telehealth platform sold to hospitals and enterprises, and physician services fees from iDoc's tele-intensive care staffing and consultation services delivered to hospital ICUs and other care facilities.

Products and services

VSee Lab: no-code/low-code telehealth software platform with building blocks for on-demand visits, appointment scheduling, intake forms, consent signatures, remote patient monitoring, insurance payment processing, clinical notes, and analytics; EHR integration via HL7, FHIR, and SFTP with EPIC and Cerner; HIPAA compliant, SOC2 audited, GDPR compliant, supports SSO and MFA. iDoc: virtual ICU physician services covering general critical care, neurology, EEG reading, neuro critical care, cardiac intensive care, and specialty e-consultations delivered through a proprietary internal telehealth technology platform combining video conferencing, EHR, and billing technology.

Customers and end markets

Hospital systems (large and small/micro), long-term acute care (LTAC) facilities, the federal prison system, and other healthcare enterprises in the United States. End markets include ICU care settings with intensivist shortages, neurointensive care, cardiac intensive care, and general telehealth workflow deployment for clinical and administrative use.

Value-chain role

VSee Health sits at the intersection of telehealth software vendor and clinical services provider. VSee Lab acts as a software platform provider integrating into hospital workflows. iDoc acts as a specialty physician services outsourcer filling ICU coverage gaps at healthcare facilities.

Geographic exposure

United States, based on references to U.S. hospitals and enterprises as the primary customer base in the 10-K filed March 31, 2026. VSee Lab is also GDPR compliant, indicating some international platform capability, though no international revenue breakdown is disclosed in the excerpts.

Competitors

incumbent telemedicine consultation service providers, specialized telehealth software providers, electronic medical record vendors with built-in telemedicine functionality, large healthcare providers with proprietary telemedicine platforms

Source: SEC 10-K, filed 2026-03-31

Industry: Services-Health Services