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Omada Health

Omada Health

Virtual care for chronic condition management

About

Omada Health provides virtual care programs aimed at helping individuals with chronic conditions improve their health over the long term. Their approach combines clinical protocols with behavioral science to create personalized interventions for issues like diabetes prevention, weight management, hypertension, and behavioral health. The programs are evidence-based and have shown positive results in peer-reviewed studies. What sets Omada apart from competitors is their focus on creating engaging programs that encourage sustained participation, leading to reduced healthcare costs and improved health outcomes. The goal of Omada Health is to empower individuals to make lasting changes in their health behaviors through accessible, technology-enhanced support from health coaches and clinical specialists.

Company Stage

Series E

Employees

501-1,000

Industries

Data & Analytics, Consulting, Hardware, Biotechnology, Healthcare

Total Funding

$542.3M

Headquarters

N/A

Founded

2011


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Simplify's Take

What believers are saying

  • Omada's collaboration with Amazon Health Services could lead to a substantial increase in user enrollment and program awareness.
  • The company's focus on combining GLP-1 medications with behavior change programs positions it at the forefront of innovative chronic care management.
  • Omada's proven track record of long-term health improvements and cost reductions makes it an attractive option for employers and health plans.

What critics are saying

  • The high cost of GLP-1 medications may limit the adoption of Omada's programs among employers and health plans.
  • The competitive landscape of virtual care is rapidly evolving, with new entrants potentially diluting Omada's market share.

What makes Omada Health unique

  • Omada Health's integration of behavior science with clinical protocols sets it apart in the virtual care space, ensuring long-term health improvements for chronic conditions.
  • Their extensive library of 28 peer-reviewed studies underscores the clinical rigor and effectiveness of their programs, a level of validation not commonly seen among competitors.
  • The partnership with Amazon Health Services significantly expands Omada's reach, making their programs more accessible to millions of potential users.

Growth & Insights
Headcount

6 month growth

1%

1 year growth

3%

2 year growth

8%

Benefits

Remote first - Join Omada from anywhere in the US. No matter where you’re located, we budget for travel so your team can come together.

Flexible vacation - Invest in yourself and your loved ones with flexible time away and monthly wellness days.

Parental leave - We support all new parents with competitive leave policies and flexible schedules upon return.

Omada program - Join our best-in-class program to reach your health goals, and invite a loved one to join you too.

Meeting-free days - Every Wednesday afternoon, we observe company-wide focus time with nothing on the calendar.

Resources to thrive - Invest in inclusion with resource groups, equity training, and a cross-functional team dedicated to belonging.

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