Somatus

Somatus

Value-based kidney and heart care management

Overview

Somatus provides value-based care for people with kidney and heart conditions by offering personalized care management. Local support teams coach, advocate, and guide patients to navigate the healthcare system and access resources. The business model aligns incentives in value-based contracts with providers and payers, rewarding better outcomes and lower costs, and Somatus earns revenue through these partnerships. The goal is to improve quality of life and health outcomes while reducing hospitalizations and expanding transplant options.

About Somatus

Simplify's Rating
Why Somatus is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Healthcare

Company Size

501-1,000

Company Stage

Series E

Total Funding

$476.1M

Headquarters

McLean, Virginia

Founded

2016

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Simplify's Take

What believers are saying

  • Manages over 500,000 patients across 50 states, $14B costs in 2025.
  • Achieved 100% customer retention in 2024 and 2025.
  • Expanded to heart failure, serving 1,500+ self-funded groups.

What critics are saying

  • Meridian terminated partnership July 1, 2023, slashing Medicaid revenue.
  • Sunshine Health ended contract August 1, 2023, cutting patient volume.
  • CMS 2026 rule cuts ESRD payments 15-20%, crippling dialysis margins.

What makes Somatus unique

  • Somatus leads value-based kidney care with RenalIQ platform ingesting billions of data lines.
  • Nurse Navigator Program launched across five Inova hospitals in January 2023.
  • Acquired Lumiata assets to predict high-cost claimants and disease progression.

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Funding

Total Funding

$476.1M

Above

Industry Average

Funded Over

6 Rounds

Series E funding typically includes additional rounds after Series D if the company needs more capital. The business is usually stable, and these rounds are typically used for further expansion or to address market challenges.
Series E Funding Comparison
Above Average

Industry standards

$100M
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Somatus
$1.3B
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Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

0%

2 year growth

0%
Coverager
Feb 10th, 2024
Sun Life Us Partners With Somatus

Sun Life US <i class="fa fa-info-circle company-popover" data-content="h3Sun Life US/h3. div. table

MarketScreener
Feb 6th, 2024
Sun Life Partners with Somatus to Provide Comprehensive Services for Late-Stage Kidney Disease and Cardiovascular Care

Sun Life partners with Somatus to provide comprehensive services for late-stage kidney disease and cardiovascular care.

Oakland Southfield Physicians
Sep 19th, 2023
Oakland Southfield Physicians

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).

Meridian
Jun 23rd, 2023
TERMINATION OF SOMATUS CARE MANAGEMENT PROGRAM

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).

Sunshine Health
May 22nd, 2023
Termination of Somatus | Sunshine Health

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).

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