Omada Health

Omada Health

Virtual care provider for chronic conditions

About Omada Health

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

Industries

Healthcare

Company Size

501-1,000

Company Stage

Debt Financing

Total Funding

$528.5M

Headquarters

San Francisco, California

Founded

2011

Overview

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. These 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 company's goal is to leverage technology and human care teams to support over half a million members across the United States in achieving better health.

Simplify Jobs

Simplify's Take

What believers are saying

  • Omada's IPO planned for 2025 could provide significant capital for expansion.
  • Partnerships with major employers like Costco enhance Omada's market reach.
  • Omada's integration of GLP-1s with behavior change programs shows promising health outcomes.

What critics are saying

  • Amazon's entry into digital health could challenge Omada's market share.
  • High costs of GLP-1 medications may limit Omada's program adoption.
  • Reliance on partnerships with large employers poses a risk if they switch providers.

What makes Omada Health unique

  • Omada Health is the largest CDC-recognized provider of the National Diabetes Prevention Program.
  • Omada combines health coaching, connected devices, and data for personalized health interventions.
  • Omada's programs are clinically supported and published in multiple peer-reviewed journals.

Help us improve and share your feedback! Did you find this helpful?

Funding

Total Funding

$528.5M

Above

Industry Average

Funded Over

7 Rounds

Debt funding comparison data is currently unavailable. We're working to provide this information soon!
Debt Funding Comparison
Coming Soon

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.

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

0%

2 year growth

1%
Business Wire
Oct 9th, 2024
Anne Beal, MD, MPH, Joins Omada Health Board of Directors

SAN FRANCISCO-(BUSINESS WIRE)-Omada Health, the virtual between-visit healthcare provider, is proud to announce the addition of Anne Beal, MD, MPH, to Omada's Board of Directors.

HITalk
Oct 4th, 2024
Home " News " Currently Reading:

Virtual care chronic disease management vendor Omada Health files SEC paperwork for an IPO that is planned for early 2025.

Business Wire
Aug 1st, 2024
Omada Health adds Sachin Jain, M.D., MBA, Julie Klapstein and Adam Stavisky to Board of Directors

Omada Health adds Sachin Jain, M.D., MBA, Julie Klapstein and Adam Stavisky to Board of Directors.

Business Wire
Mar 21st, 2024
New Research Shows Long-Term A1C Reduction And Sustained Weight Maintenance For Members In Omada Health’S Type 2 Diabetes Program

SAN FRANCISCO--(BUSINESS WIRE)--Omada Health, the virtual-first healthcare provider, recently published its 28th peer-reviewed study demonstrating the long-term outcomes of utilizing a behavior change program for members with type 2 diabetes. The study, published in The Science of Diabetes Self-Management and Care, is the latest to demonstrate the benefits of Omada’s clinically rigorous approach to behavior change. The results come on the heels of the company’s Insights Lab expansion, which established the ANSWERS initiative to focus on insights derived from combining GLP-1s with a proven behavior change approach. Omada Health offers personalized diabetes management support combining relationship-building, behavior change techniques, diabetes education, and lifestyle modification. Researchers analyzed data from more than one thousand commercially insured members with type 2 diabetes who were enrolled between January 1, 2019, and January 31, 2022, in Omada’s virtual care solution. Within this group, changes in A1C levels and weight were examined over 12 months

Business Wire
Mar 8th, 2024
New Data Published By Omada Health Demonstrates The Impact Of Coupling Glp-1S And Behavior Change Programming

SAN FRANCISCO--(BUSINESS WIRE)--Omada Health, a virtual-first healthcare provider, announces its evidence-based behavior change program as one of the lifestyle support programs through EncircleRx, an Express Scripts by Evernorth solution, to help employers and health plans manage cardiodiabesity (obesity, diabetes and cardiovascular disease). The Omada program is designed to help bolster the weight loss of EncircleRx members using GLP-1 medications for weight management. With forecasted use of weight management drugs increasing to approximately nine percent of the U.S. population by 2030, Omada believes it is important to help members adopt behaviors that can improve long-term weight health before, during, and after GLP-1 use. The Omada program is designed to support members at scale in maintaining weight loss through lifestyle modifications delivered by proactive data-empowered care teams and connected devices. In the first output from the new ANSWERS Initiative, Omada partnered with Evernorth to demonstrate the real-world impact of GLP-1s alongside behavior change programs and how this collaboration can improve outcomes

Recently Posted Jobs

Sign up to get curated job recommendations

Senior Software Engineer - Android

$171.6k - $224.3k/yr

Remote in USA

Senior Accountant - Corporate Accounting

$96.8k - $126.5k/yr

Remote in USA

Sales Partner Enablement

$123.2k - $161k/yr

Remote in USA

See All Jobs

Omada Health is Hiring for 19 Jobs on Simplify!

Find jobs on Simplify and start your career today

💡
We update Omada Health's jobs every few hours, so check again soon! Browse all jobs →

People Also Viewed

Discover companies similar to Omada Health

9amHealth

9amHealth

San Diego, California

Vida Health

Vida Health

San Francisco, California

Noom

Noom

New York City, New York

Senior Accountant - Corporate Accounting

$96.8k - $126.5k/yr

Remote in USA

Sales Partner Enablement

$123.2k - $161k/yr

Remote in USA

See All Jobs

Omada Health is Hiring for 19 Jobs on Simplify!

Find jobs on Simplify and start your career today

💡
We update Omada Health's jobs every few hours, so check again soon! Browse all jobs →

People Also Viewed

Discover companies similar to Omada Health

9amHealth

9amHealth

San Diego, California

Vida Health

Vida Health

San Francisco, California

Noom

Noom

New York City, New York