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Somatus

Somatus

Personalized support for kidney and heart patients

About

Somatus focuses on improving the lives of individuals with kidney and heart conditions by providing personalized clinical, emotional, and social support. Their services are designed to help patients manage chronic kidney disease (CKD) and heart conditions more effectively. Somatus operates on a value-based care model, partnering with healthcare providers and insurance companies to offer comprehensive care management services. These services include local support teams that act as coaches and advocates, assisting patients in navigating the healthcare system and making informed health decisions. Unlike many competitors, Somatus emphasizes personalized support and aims to reduce healthcare costs while improving patient outcomes. The company's goal is to enhance the quality of life for patients with chronic conditions while helping healthcare providers achieve better results and cost savings.

Company Stage

Series E

Employees

501-1,000

Industries

Healthcare

Total Funding

$500.1M

Headquarters

N/A

Founded

2016


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Simplify's Take

What believers are saying

  • Partnerships with major healthcare providers like Inova and Sun Life US demonstrate Somatus' strong industry relationships and potential for growth.
  • The innovative Nurse Navigator Program highlights Somatus' commitment to improving patient care and outcomes through personalized support.
  • The acquisition of Lumiata positions Somatus to leverage advanced AI for better predictive analytics, potentially reducing costs and improving patient outcomes.

What critics are saying

  • Recent terminations of partnerships with Meridian and Sunshine Health could indicate challenges in maintaining long-term relationships.
  • The highly competitive healthcare market requires continuous innovation and adaptation to stay ahead of other value-based care providers.

What makes Somatus unique

  • Somatus focuses exclusively on kidney and heart conditions, providing highly specialized care that sets it apart from general healthcare providers.
  • Their value-based care model aligns financial incentives with patient outcomes, contrasting with traditional fee-for-service models that prioritize quantity over quality.
  • The acquisition of Lumiata enhances Somatus' predictive capabilities, allowing for more accurate risk assessments and personalized care plans.

Growth & Insights
Headcount

6 month growth

0%

1 year growth

-2%

2 year growth

1%

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