Better Health Secures $14M Funding to Revolutionize Chronic Care Solutions
June 14, 2024, 3:41 pm
Better Health, a groundbreaking medical supply and support provider, has recently announced a significant milestone in its journey towards transforming chronic care solutions. With a strategic funding round of $14 million, the company is poised to enhance its services and expand its reach to better serve individuals with chronic conditions. This funding round, which includes investments from key players in the healthcare industry such as Healthworx, UHealth, Samsung Next, and others, underscores the industry's recognition of Better Health's pivotal role in revolutionizing healthcare delivery for chronic conditions.
Established in 2019, Better Health has been at the forefront of challenging the status quo by offering a cohesive care model that integrates peer coaching, education, and home delivery of medical supplies. This innovative approach focuses on driving engagement, adherence, improved outcomes, and reduced costs for individuals with chronic conditions such as ostomy, chronic wounds, diabetes, chronic retention, and incontinence.
The company's commitment to providing unparalleled support and medical supplies for individuals with chronic conditions has garnered widespread acclaim and recognition. With a customer satisfaction rating of 98% and an impressive track record of helping individuals avoid unnecessary ER visits and doctor visits, Better Health has proven to be a game-changer in the healthcare industry.
Operating in 48 states and serving a rapidly growing network of over 150 health plans and health systems, Better Health has established itself as a trusted partner for both payers and providers. The company's unique engagement model, which includes 10.5 interactions per year—2.5 times more than the average primary care provider engagement—has led to improved health outcomes and cost savings for chronically ill members.
With the new funding round, Better Health aims to bring a more comprehensive solution to payers and providers while expanding into new categories to better serve members with chronic conditions. Additionally, the company is actively exploring the incorporation of AI into its value stream to further enhance and accelerate its already best-in-class experience for patients, payers, and providers.
In a statement, Naama Stauber Breckler, CEO and co-founder of Better Health, expressed the company's commitment to ensuring that everyone with a chronic condition does not have to manage it alone. By leveraging human-to-human connection and combining technology with peer support programs, Better Health is dedicated to improving the overall well-being of its members and driving positive health outcomes.
Overall, Better Health's $14 million funding round marks a significant milestone in the company's journey towards revolutionizing chronic care solutions and making a lasting impact on the healthcare industry. With a focus on innovation, patient-centric care, and continuous improvement, Better Health is poised to lead the way in transforming the landscape of chronic care delivery.
Established in 2019, Better Health has been at the forefront of challenging the status quo by offering a cohesive care model that integrates peer coaching, education, and home delivery of medical supplies. This innovative approach focuses on driving engagement, adherence, improved outcomes, and reduced costs for individuals with chronic conditions such as ostomy, chronic wounds, diabetes, chronic retention, and incontinence.
The company's commitment to providing unparalleled support and medical supplies for individuals with chronic conditions has garnered widespread acclaim and recognition. With a customer satisfaction rating of 98% and an impressive track record of helping individuals avoid unnecessary ER visits and doctor visits, Better Health has proven to be a game-changer in the healthcare industry.
Operating in 48 states and serving a rapidly growing network of over 150 health plans and health systems, Better Health has established itself as a trusted partner for both payers and providers. The company's unique engagement model, which includes 10.5 interactions per year—2.5 times more than the average primary care provider engagement—has led to improved health outcomes and cost savings for chronically ill members.
With the new funding round, Better Health aims to bring a more comprehensive solution to payers and providers while expanding into new categories to better serve members with chronic conditions. Additionally, the company is actively exploring the incorporation of AI into its value stream to further enhance and accelerate its already best-in-class experience for patients, payers, and providers.
In a statement, Naama Stauber Breckler, CEO and co-founder of Better Health, expressed the company's commitment to ensuring that everyone with a chronic condition does not have to manage it alone. By leveraging human-to-human connection and combining technology with peer support programs, Better Health is dedicated to improving the overall well-being of its members and driving positive health outcomes.
Overall, Better Health's $14 million funding round marks a significant milestone in the company's journey towards revolutionizing chronic care solutions and making a lasting impact on the healthcare industry. With a focus on innovation, patient-centric care, and continuous improvement, Better Health is poised to lead the way in transforming the landscape of chronic care delivery.