Nomi Health

Nomi Health

Direct access to affordable healthcare services

About Nomi Health

Simplify's Rating
Why Nomi Health is rated
C+
Rated C on Competitive Edge
Rated B on Growth Potential
Rated C on Rating Differentiation

Industries

Social Impact

Healthcare

Company Size

201-500

Company Stage

Series A

Total Funding

$107M

Headquarters

Orem, Utah

Founded

2019

Overview

Nomi Health provides direct access to healthcare services, connecting patients, providers, and businesses to simplify and reduce healthcare costs. They offer in-person and virtual appointments, health clinics, in-home care, and care education, making healthcare more accessible. Their real-time technology infrastructure helps modernize healthcare delivery and offers analytics for actionable insights. Nomi Health aims to save businesses up to 30% on healthcare costs while positively impacting the communities they serve through their charitable foundation.

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Simplify's Take

What believers are saying

  • Nomi Health's partnership with CHG Healthcare expands support to underserved communities.
  • The company's Success Care program shows high engagement rates in addiction recovery.
  • Nomi Health's Artemis Health subsidiary excels in benefits data and analytics solutions.

What critics are saying

  • Increased competition from companies like Aledade could challenge Nomi Health's market share.
  • Reliance on Medicaid populations poses risks if Medicaid funding or policy changes.
  • The partnership with CHG Healthcare may face execution challenges due to integration complexity.

What makes Nomi Health unique

  • Nomi Health offers both in-person and virtual healthcare appointments for convenience.
  • The company provides real-time technology infrastructure for modernized healthcare delivery.
  • Nomi Health's business model connects buyers, providers, and patients directly, reducing costs.

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Funding

Total Funding

$107M

Above

Industry Average

Funded Over

1 Rounds

Series A funding typically happens when a startup has a product and some customers, and now needs funding to scale. This money is usually used to grow the team, expand marketing, and improve the product. Venture capital firms are frequently the main investors here.
Series A Funding Comparison
Above Average

Industry standards

$15M
$8.2M
Discord
$15M
Canva
$100M
GitHub
$110M
Nomi Health

Benefits

Unlimited PTO

Competitive salary

401k match

Medical, dental, & vision coverage

HSA

Career growth

Continuous learning

Family leave

Free counseling

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

-3%

2 year growth

-2%
MentorPro
Oct 8th, 2024
Aledade hires chief commercial officer and more digital health hires

Aledade, which works with primary care providers to build tech-enabled accountable care organizations, hired Ananya Banerjee as chief commercial officer.

Business Wire
May 15th, 2024
Correcting And Replacing Artemis Health Announces Winners Of The 2023 Client Awards

SALT LAKE CITY--(BUSINESS WIRE)--In the release dated May 6, 2024, the number of spotlighted organizations has changed. Also, edits have been made in the Data Dynamo section.The updated release reads:ARTEMIS HEALTH ANNOUNCES WINNERS OF THE 2023 CLIENT AWARDSInaugural awards spotlight 9 organizations improving healthcare benefits amid rising costs and inflation.SALT LAKE CITY-- Artemis, a Nomi Health company and a leader in benefits data and analytics solutions, is proud to announce the winners of the 2023 Artemis Client Awards. These awards celebrate organizations that have exemplified excellence in leveraging data-driven insights to enhance their benefits strategy and drive positive healthcare outcomes for their members.Each winning organization demonstrated exceptional leadership and dedication to improving healthcare delivery and outcomes for their employees. Whether through cost containment strategies, increased engagement in wellness initiatives, or new approaches to addressing care gaps, these winners have truly “moved the needle” in the past year.The Artemis Client Awards recognize excellence in innovative healthcare management across five categories:“Savviest Spenders”: Recognizes clients who significantly reduced medical and prescription spending by employing data-driven cost containment strategies, enhancing their financial sustainability and promoting good benefits stewardship.The Home DepotFresno Unified School District“Care Gap Crusaders”: Commends clients who effectively identified and addressed gaps in healthcare, leading to better patient outcomes through preventive care screenings and services.FidelityTravelers“Wellness Warriors”: Celebrates clients with the most diverse plan offerings and highest member engagement, using data to bring targeted solutions to areas of need.BoeingDanaher“Kaizen Co-Pilots”: Honors clients who embody the principles of kaizen (a Japanese business philosophy for continuous improvement and an Artemis mantra) and collaborated with Artemis to push the boundaries of progress and innovation in healthcare data.Priority HealthH-E-B“Data Dynamo”: Applauds the client who demonstrated outstanding overall performance in managing medical and prescription spend, reducing care gaps, and engaging members in wellness programs.Advocate Health“In an era of rising costs and budget constraints, these organizations stand out for their commitment to excellence in healthcare benefits management. They're leading with data-driven strategies that go beyond cost-cutting to make real improvements in members’ lives,” Sanjay Motwani, president of Artemis, said. “Proactive benefits management is paramount in safeguarding employees’ well-being

Business Wire
May 6th, 2024
Artemis Health Announces Winners Of The 2023 Client Awards

SALT LAKE CITY--(BUSINESS WIRE)--Artemis, a Nomi Health company, and a leader in benefits data and analytics solutions, is proud to announce the winners of the 2023 Artemis Client Awards. These awards celebrate organizations that have exemplified excellence in leveraging data-driven insights to enhance their benefits strategy and drive positive healthcare outcomes for their members.Each winning organization demonstrated exceptional leadership and dedication to improving healthcare delivery and outcomes for their employees. Whether through cost containment strategies, increased engagement in wellness initiatives, or new approaches to addressing care gaps, these winners have truly “moved the needle” in the past year.The Artemis Client Awards recognize excellence in innovative healthcare management across five categories. Each has a large and medium-sized employer winner, with two per category:“Savviest Spenders”: Recognizes clients who significantly reduced medical and prescription spending by employing data-driven cost containment strategies, enhancing their financial sustainability and promoting good benefits stewardship.The Home DepotFresno Unified School District“Care Gap Crusaders”: Commends clients who effectively identified and addressed gaps in healthcare, leading to better patient outcomes through preventive care screenings and services.FidelityTravelers“Wellness Warriors”: Celebrates clients with the most diverse plan offerings and highest member engagement, using data to bring targeted solutions to areas of need.BoeingDanaher“Kaizen Co-Pilots”: Honors clients who embody the principles of kaizen (a Japanese business philosophy for continuous improvement and an Artemis mantra) and collaborated with Artemis to push the boundaries of progress and innovation in healthcare data.Priority HealthH-E-B“Data Dynamos”: Applauds clients who demonstrated outstanding overall performance in managing medical and prescription spend, reducing care gaps, and engaging members in wellness programs.Advocate HealthRocket Companies“In an era of rising costs and budget constraints, these organizations stand out for their commitment to excellence in healthcare benefits management. They're leading with data-driven strategies that go beyond cost-cutting to make real improvements in members’ lives,” Sanjay Motwani, president of Artemis, said. “Proactive benefits management is paramount in safeguarding employees’ well-being

Business Wire
Apr 24th, 2024
Innovative Recovery Support: Nomi Health’S Success Care Teams Up With Sober Sidekick App

SALT LAKE CITY--(BUSINESS WIRE)--Nomi Health's Success Care, an integrated substance use disorder (SUD) treatment program, announced today a strategic alliance with Sober Sidekick, a leading digital resource supporting individuals on their journey to recovery. This collaboration signifies a significant step forward in addiction recovery, uniting two industry leaders to provide comprehensive support and resources for those seeking recovery. Together, Nomi Health's Success Care and Sober Sidekick are addressing the urgent need for a multifaceted approach to addiction recovery by offering individuals the tools, resources, and social support needed to achieve lasting sobriety. Nomi Health's Success Care bridges clinical and social care needs to provide personalized treatment plans aimed at treating the whole person. It offers a range of interventions, including in-person and virtual primary care, medication-assisted treatment, counseling, and peer recovery support, to support holistic recovery. With a 68% engagement rate at 34 days across a predominantly Medicaid population, the program significantly outperforms the 28% rate observed in 2021 Medicaid Health Maintenance Organizations by 139%, highlighting its effectiveness in meeting patient needs and fostering sustained engagement in SUD treatment

Business Wire
Mar 7th, 2024
Nomi Health, Chg Healthcare Partner To Meet Growing Need For Streamlined Care For Underserved Communities

SALT LAKE CITY--(BUSINESS WIRE)--Nomi Health and CHG Healthcare announced a partnership to radically expand medical support to underserved communities throughout the United States today. Instead of the traditional friction in most patient care models, the Nomi and CHG partnership delivers a seamless, integrated solution that includes: multi-channel patient engagement, access to virtual care, and performance tracking metrics with clinical and claims-based data. Unlike traditional models that create extra hurdles between patients and the care they need, the partnership enables providers to immediately launch a virtual visit with at-risk patients at the point of engagement. It also utilizes text, email, chatbot, and live agents to engage in on-the-spot telehealth visits with patients, ensuring immediate care and real-time set up for wraparound peer support and case management throughout the patient’s care journey. The program is available in all 50 states and in multiple languages. ”Siloed care is one of the largest challenges facing at-risk populations,” Nomi Health’s President of Integrated Programs, Sara Ratner, said

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