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About Somatus
Industries
Healthcare
Company Size
501-1,000
Company Stage
Series E
Total Funding
$463.1M
Headquarters
McLean, Virginia
Founded
2016
Overview
Somatus improves the lives of individuals with kidney and heart conditions by providing personalized clinical, emotional, and social support. They operate on a value-based care model, partnering with healthcare providers and payers to offer comprehensive care management services, including local support teams that assist patients in navigating the healthcare system. Unlike competitors, Somatus focuses on enhancing patient outcomes while reducing costs through value-based contracts that reward high-quality care. Their goal is to enhance the quality of life for patients while helping healthcare partners achieve better results.
Simplify's Take
What believers are saying
- Increased telehealth adoption expands Somatus' reach and patient engagement.
- AI integration enhances Somatus' ability to predict and manage high-risk patients.
- Growing emphasis on holistic care aligns with Somatus' personalized support model.
What critics are saying
- Termination of partnerships may challenge Somatus' business model sustainability.
- Lumiata acquisition may pose integration challenges for Somatus.
- Increasing competition in value-based care pressures Somatus to innovate continuously.
What makes Somatus unique
- Somatus focuses on personalized support for kidney and heart conditions.
- The company partners with healthcare providers to improve value-based care outcomes.
- Somatus uses AI to enhance predictive analytics for better patient management.
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Funding
Total Funding
$463.1M
Above
Industry Average
Funded Over
5 Rounds
Industry standards
Growth & Insights and Company News
6 month growth
↑ 0%1 year growth
↓ -2%2 year growth
↑ 0%Sun Life US <i class="fa fa-info-circle company-popover" data-content="h3Sun Life US/h3. div. table
Sun Life partners with Somatus to provide comprehensive services for late-stage kidney disease and cardiovascular care.
Blue Cross Complete (BCC) is working with Somatus, a value-based kidney care organization to offer an integrated care delivery program to support eligible members with or at risk of developing Chronic Kidney Disease or End Stage Kidney Disease (ESKD).
Effective July 1, 2023, Meridian will no longer partner with Somatus Inc., a provider of care management services for chronic kidney disease (CKD) and end-stage renal disease (ESRD).
Effective August 1, 2023, Sunshine Health will no longer be partnering with Somatus Inc., which provided care management services for members with chronic kidney disease (CKD) and end-stage renal disease (ESRD).
There are no jobs for Somatus right now.
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About Somatus
Industries
Healthcare
Company Size
501-1,000
Company Stage
Series E
Total Funding
$463.1M
Headquarters
McLean, Virginia
Founded
2016
There are no jobs for Somatus right now.
Find jobs on Simplify and start your career today