About

Nymbl Science provides digital mobility solutions designed to prevent falls and reduce related medical costs in the healthcare sector. Their platform assesses the risk levels of individuals who may be prone to falls and implements interventions before any incidents occur. This proactive strategy not only helps in lowering medical expenses but also enhances STAR ratings and improves member retention for health plans. Nymbl Science operates on a subscription-based model, where health plans pay fees that are contingent on the cost savings achieved, ensuring that their claims are backed by real financial benefits. The company's goal is to create a safer environment for members while delivering measurable savings to health plans.

Simplify's Take

What believers are saying

• Nymbl closed a $12 million Series B funding round in 2023.
• Partnerships with telehealth platforms can expand Nymbl's reach.
• Integration with wearable technology could enhance user engagement and outcomes.

What critics are saying

• Increased competition from new digital health startups could erode market share.
• Rapid technological advancements may strain resources for app updates.
• Potential data privacy concerns could lead to regulatory scrutiny.

What makes Nymbl Science unique

• Nymbl Science offers a scientifically validated digital balance training program.
• The company guarantees cost savings of $3 PMPM and a 3:1 ROI.
• Nymbl's app is available in Spanish, expanding access to Hispanic populations.

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