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Overview
Better Health offers a membership-based digital health platform for home care, including peer support, medical supplies delivery, and educational content for patients with chronic conditions. Members get trusted product recommendations, free delivery of medical supplies, peer coaching, and access to health resources, while providers can refer online and Better Health handles end-to-end insurance processing for out-of-network care. It differentiates itself by combining home delivery, peer support, education, and simplified insurance handling within one platform and through a network of healthcare partnerships to lower care utilization. The goal is to improve at-home health outcomes and reduce overall healthcare costs for patients and providers.
About Better Health
Industries
Consumer Software
Social Impact
Healthcare
Company Size
201-500
Company Stage
Series A
Total Funding
$27.6M
Headquarters
San Francisco, California
Founded
2017
Simplify's Take
What believers are saying
- Secured $14M strategic funding from Healthworx, University of Miami, reaching $27.5M total.
- In-network with Cigna Medicare Advantage, accessing 540,000 chronic condition patients.
- Expands via Samsung Next investment and nationwide Medicare provider licensing.
What critics are saying
- Better Health Group erodes partnerships with superior payer contracts and data analytics.
- Cigna locks Better Health into narrow reimbursements, favoring Teladoc in 18-24 months.
- Name collision with Better Health Group diverts 70-90% of provider referrals ongoing.
What makes Better Health unique
- Bundles peer support, medical supplies delivery, and insurance handling for chronic conditions.
- Digitizes antiquated medical supplies industry serving 80 million Americans.
- Partners with providers for online referrals and end-to-end insurance management.
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Funding
Total Funding
$27.6M
Below
Industry Average
Funded Over
4 Rounds
General Catalyst
Y CombinatorIndustry standards
Growth & Insights and Company News
6 month growth
↓ -1%1 year growth
↓ -2%2 year growth
↑ 0%This financing builds on Better Health's previous $10 Million Series A round and includes participation from new investor Samsung Next, which continues to expand its investment in healthcare solutions.
Better Health, a medical supply and support provider built on peer-to-peer connection, announced today a $14 million strategic funding round which included investments from Healthworx, the innovation and investment arm of CareFirst Inc., UHealth - University of Miami Health System, and Mosaic General Partnership.
/PRNewswire/ -- Better Health, a medical supply and support provider built on peer-to-peer connection, announces $14 million in strategic funding, which...
Better Health previously completed a $10 million Series A round co-led by Caffeinated Capital and General Catalyst, and a $3.5 million seed round led by 8VC; with the addition of this $14 million in financing, the company's total funding has reached $27.5 million.
Better Health is launching their Start for life campaign with National Breastfeeding Week which will be taking place from 18th - 24th September.
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About Better Health
Industries
Consumer Software
Social Impact
Healthcare
Company Size
201-500
Company Stage
Series A
Total Funding
$27.6M
Headquarters
San Francisco, California
Founded
2017
There are no jobs for Better Health right now.
Find jobs on Simplify and start your career today