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Thyme Care

Thyme Care

Tech-enabled support for cancer patients

About

Thyme Care provides support and guidance specifically for cancer patients, aiming to ensure they receive high-quality care throughout their treatment journey. The company integrates with existing clinical teams to offer continuous support, utilizing technology and oncology expertise to enhance patient care. Their services include personalized guidance for patients and act as an extension of healthcare providers' clinical teams, aligning incentives across the healthcare system. What sets Thyme Care apart from competitors is its focus on reducing the total cost of care through targeted interventions, which have been shown to lower inpatient spending and visits. The goal of Thyme Care is to deliver high-quality cancer care while also making treatment more affordable for patients and healthcare providers.

Company Stage

Series B

Employees

51-200

Industries

Data & Analytics, Healthcare

Total Funding

$88.6M

Headquarters

N/A

Founded

2020


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Simplify's Take

What believers are saying

  • The recent $95M Series C funding round, led by prominent investors like Concord Health Partners and CVS Health Ventures, positions Thyme Care for significant expansion and innovation.
  • Thyme Care's value-based care model has a proven track record of reducing inpatient spend and improving patient outcomes, making it an attractive option for healthcare providers and payers.
  • The launch of new services like Enhanced Supportive Care demonstrates Thyme Care's commitment to addressing gaps in cancer care and improving patient experience.

What critics are saying

  • The highly competitive healthcare sector requires Thyme Care to continuously innovate to maintain its edge over other cancer care providers.
  • Rapid expansion and scaling could lead to operational challenges and potential dilution of service quality.

What makes Thyme Care unique

  • Thyme Care's integration with existing clinical teams and 24/7 specialized cancer care navigation sets it apart from traditional cancer care providers.
  • Their tech-enabled support and advanced analytics optimize care delivery and identify areas for improvement, unlike competitors who may not leverage technology as effectively.
  • The company's focus on reducing the total cost of care through targeted, cost-effective interventions is a unique selling proposition in the oncology space.

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Growth & Insights
Headcount

6 month growth

7%

1 year growth

36%

2 year growth

104%

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