SSummus Global runs a virtual specialist platform that connects people and employers with a global network of top doctors to get expert medical advice for important decisions. Users request opinions, get matched with appropriate physicians, and have consultations online, with on-demand access through subscriptions or separate fees. The service targets individuals seeking specialized medical guidance and employers offering differentiated health benefits, focusing on quick, high-quality input. The goal is to make world-class medical expertise accessible quickly for personal and corporate healthcare decisions.
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Industries
Company Size
51-200
Company Stage
Late Stage VC
Total Funding
$66.1M
Headquarters
New York City, United States
Founded
2015
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Total Funding
$66.1M
Above
Industry Average
Funded Over
5 Rounds
There is expected to be a shortage of anywhere between 37,800 and 124,000 physicians by 2034 according to the Association of American Medical Colleges. The shortage has been and is expected to be more acute among specialties. Virtual telehealth platforms are one key aspect in addressing the resulting accessibility issues across the country. Summus is a virtual specialty care healthcare platform that provides access to vetted specialists, making healthcare more timely and accessible. In many parts of the country, it may take anywhere from two to five months, with Summus, patients can consult with a specialist within days. The company operates as a platform marketplace that allows PCPs, healthcare systems, and insurance plans/employers to connect with a network of over 5,100 specialists that support 2.1M+ globally. AlleyWatch caught up with Summus Founder and CEO Julian Flannery to learn more about the business, the company's strategic plans, latest round of funding, and much, much more...
Summus strengthens Executive team with appointment of Mike Tilton as Chief Commercial Officer. New York, May 30: Summus, the only physician-led, multi-specialty platform delivering longitudinal support to the highest-cost, most complex members across their entire care journey, today announced the appointment of Michael P. Tilton as Chief Commercial Officer. Tilton joins as employers and health plans face mounting pressure to improve outcomes and contain costs for their most complex members. In this role, Mike will lead go-to-market strategy across all channels to further scale Summus' innovative clinically-led approach with health plans and employers to deliver better health care and support more complex and rising risk members. Veteran Healthcare Executive Mike Tilton Joins as Summus Scales Its Physician-Led Multi-Specialty Platform "We're thrilled to welcome Mike to the Summus team at a significant moment in healthcare and for our company," said Julian Flannery, Founder and CEO of Summus. "With annual healthcare costs rising 9% and specialty care remaining highly fragmented, employers are focused on consolidating point solutions and supporting their most complex and rising-risk members to bend the cost curve. Mike's deep experience in healthcare and across the largest health plans positions him to meaningfully impact existing and future partnerships across health plans, benefits consultants, and self-insured employers at this important growth inflection point for Summus. His leadership and strategic lens will be instrumental as we scale our platform and continue to advance our vision of one platform, every health journey." Tilton joins Summus with more than two decades of senior leadership experience across Fortune 500 healthcare organizations and high-growth health tech companies. Most recently, he served as Senior Vice President of Specialty and Retiree Solutions at Humana, where he managed a portfolio of businesses representing over $12.7 billion in annual revenue, including the Ancillary Group, Individual and Medicare Supplemental Benefits, Wellness, Medicare Supplement, and Group Medicare businesses. Prior to Humana, Tilton served as General Manager of the Commercial Segment for Blue Cross Blue Shield of Arizona, where he led a statewide team across Product, Operations, Group Sales, Finance, and Underwriting, delivering over $2 billion in revenue while significantly improving administrative services only (ASO) profitability. He also served as a Board Member and Advisor to Consortium Health Plans, helping integrate best practices and enable National Account strategies across the BCBS system. Earlier in his career, Tilton held senior positions at UnitedHealth Group, Cigna, GlaxoSmithKline, and U.S. Healthcare, with responsibilities spanning PBM contracting, payer access, provider contracting, underwriting, and go-to-market strategy. He has also worked with healthtech companies on commercial strategy and as an Operating Partner for venture-focused investment funds. "Summus has built something genuinely different in healthcare: a physician-led platform that meets members at every step of their care journey, from a first question to the most complex care decisions," Tilton said. "Employers and health plans are under enormous pressure to manage the highest-cost, most complex members without compromising member experience. The Summus model directly addresses that challenge, and I'm excited to help bring it to more health plans and employer partners and members." This appointment reflects Summus' continued investment in building a world-class leadership team as the company scales its physician-led approach to clinical navigation and specialty care access.
Summus, a physician-led multi-specialty healthcare platform, has appointed Michael P. Tilton as Chief Commercial Officer. Tilton will lead go-to-market strategy across health plans and employers as the company scales its approach to supporting complex, high-cost members. Tilton brings over 20 years of senior healthcare leadership experience. Most recently, he served as Senior Vice President of Specialty and Retiree Solutions at Humana, managing a portfolio exceeding $12.7 billion in annual revenue. He previously held the role of General Manager of the Commercial Segment at Blue Cross Blue Shield of Arizona, delivering over $2 billion in revenue, and has worked at UnitedHealth Group, Cigna and GlaxoSmithKline. Summus provides longitudinal support across 120+ specialties for members navigating complex care journeys, including cancer, musculoskeletal and cardiovascular health.
Summus Oncology brings a powerful, personalized, doctor-led approach that supports access, advocacy and education on the latest in cancer care for patients, families and caregivers
Summus, the leading virtual health company focused in specialty care, teams up with Springbuk's New Health Intelligence Marketplace for employers and benefits consultantsNEW YORK, Jan. 16, 2024 /PRNewswire/ -- Summus , the leading virtual health company focused in specialty care, announces a new relationship with Springbuk Activate , the innovative partner marketplace that connects employers with personalized health solutions. This strategic collaboration provides employee benefits leaders and consultants access to Summus' platform for high quality medical expertise across any health condition.As part of this collaboration, Summus and Springbuk worked closely to develop a customized card within the Springbuk Health Intelligence™ application. This unique feature identifies the number of members in an employer's population who may benefit from Summus. The card also provides a 12-month savings opportunity estimate, meticulously crafted, based on Summus' performance metrics and ROI methodology.Summus accelerates access to best-in-class clinical guidance, advocacy, and navigation, helping patients, families and caregivers get the answers they need from high quality specialists to make informed decisions about care."We are excited to collaborate with Springbuk in the shared mission to transform healthcare delivery," said Nick Razzi, Summus Chief Sales Officer. "We're providing employers and benefits consultants with a powerful tool that identifies potential program participants and benefits, but also quantifies the potential financial impact of the program over the next year
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Industries
Company Size
51-200
Company Stage
Late Stage VC
Total Funding
$66.1M
Headquarters
New York City, United States
Founded
2015
Find jobs on Simplify and start your career today
We update Summus Global's jobs every few hours, so check again soon!Browse all jobs