Tomorrow Health

Tomorrow Health

Facilitates home-based healthcare access and logistics

About Tomorrow Health

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

Industries

Healthcare

Company Size

51-200

Company Stage

Series B

Total Funding

$90M

Headquarters

New York City, New York

Founded

2017

Overview

Tomorrow Health focuses on improving access to home-based care for patients, healthcare providers, health plans, and suppliers. The company connects these different stakeholders through a platform that simplifies the logistics of home care. Patients can easily find and receive quality care at home, while health plans benefit from enhanced member experiences and measurable returns on investment. Providers can concentrate on delivering care without worrying about the logistics, and suppliers have opportunities to expand their businesses and demonstrate their impact on patient outcomes. Tomorrow Health generates revenue by acting as an intermediary, coordinating efforts among all parties involved, which has led to high client satisfaction and effective service delivery.

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Simplify's Take

What believers are saying

  • Increased demand for home-based care due to aging population and in-home treatment preference.
  • Growing interest in telehealth complements Tomorrow Health's offerings.
  • Partnerships with insurance companies reduce costs through home-based care.

What critics are saying

  • High turnover in home health labor market may impact service quality.
  • Dependence on partnerships with health plans poses renewal risks.
  • Rapid expansion and new executive hires may lead to strategic misalignments.

What makes Tomorrow Health unique

  • Tomorrow Health connects providers, health plans, and suppliers for seamless home-based care.
  • The company offers a platform for high-quality care from the comfort of home.
  • Tomorrow Health handles logistics, allowing providers to focus on patient care.

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Funding

Total Funding

$90M

Above

Industry Average

Funded Over

3 Rounds

Notable Investors:
Series B funding is typically for startups that have proven their business model and need more funding to expand rapidly—often by entering new markets or adding more products. Investors are usually venture capital firms that specialize in later-stage investments.
Series B Funding Comparison
Above Average

Industry standards

$35M
$45M
Linktree
$60M
Tomorrow Health
$65M
Substack
$100M
ClickUp

Benefits

Health Insurance

Financial Wellness

Family Matters

Mental Health

Commuter Benefits

Work Hybrid

Growth & Insights and Company News

Headcount

6 month growth

-2%

1 year growth

-2%

2 year growth

12%
PR Newswire
Apr 1st, 2024
Tomorrow Health Adds New Executive Growth Leaders To Propel Home-Based Care Delivery

Gabriela Perez, former Chief Commercial Officer at Big Health, Joins as Chief Growth Officer Alongside Veterans from Alto Pharmacy and Butterfly NetworkNEW YORK, April 1, 2024 /PRNewswire/ -- Tomorrow Health , the leading home-based healthcare platform, today announced the expansion of its growth team with the hiring of Gabriela Perez as Chief Growth Officer, as well as Craig Thompson , General Manager and Senior Vice President of Sales, and Peter Saul , Director of Provider Growth.Perez brings 20+ years of healthcare and startup leadership experience to Tomorrow Health, where she will lead the growth and scale of Tomorrow Health's home-based care technology to reach more patients across the country. Perez has a proven track record for building businesses and taking them to scale. She built new markets and partnerships from scratch at Best Doctors, and added over $110 million in top line revenue; she also led Ovia Health in the development of markets and new revenue streams, which resulted in 190% additional revenue growth and 80% increase in year-over-year revenue performance by channel. Most recently, Perez served as Chief Commercial Officer at Big Health, where she built out the company's commercial strategy."Throughout my career, I've committed to working at companies that are pursuing missions I'm passionate about – and Tomorrow Health fits this vision perfectly," said Perez. "Home-based care in our country needs an influx of better technology and more empathy, and I'm excited to join the team in helping deliver on this mission."In addition to hiring Perez as Chief Growth Officer, Tomorrow Health has also brought on Craig Thompson as General Manager and Senior Vice President of Sales and Peter Saul as Director of Provider Growth.Thompson has a strong track record of growth and success throughout his 20 year career as a sales leader. After spending 14 years leading sales at Abbott – including his role as Area Vice President for the Western United States Vascular Division – Thompson joined Alto Pharmacy as Vice President of Sales, where he grew revenue over 20x and expanded the team from 10 to 200, and then became the Chief Commercial Officer at Getlabs

PR Newswire
Nov 1st, 2023
Tomorrow Health And Geisinger Health Plan Release New Data Demonstrating Improved Home-Based Care Delivery

Tomorrow Health technology platform drove 4x ROI, 95% member satisfactionNEW YORK, Nov. 1, 2023 /PRNewswire/ -- Tomorrow Health, the leading home-based healthcare platform, recently released new data with Geisinger Health Plan (GHP), illustrating how improving home-based care delivery can have measurable impacts on health plan costs, member satisfaction, and overall health outcomes for patients.Whether managing a long-term illness or recovering from a procedure, more than two-thirds of U.S. adults prefer to receive care at home (versus a medical facility) following a major medical event. However, more than 70% of patients report significant difficulty getting prescribed home-based care across fragmented suppliers. Without the infrastructure needed to streamline the at-home care journey, those discharged to home care have higher rates of hospital readmissions."Tomorrow Health's transformative approach to home-based care has streamlined the entire process for our providers, suppliers, and patients," said Dr. John Bulger, D.O., MBA, chief medical officer at Geisinger Health Plan

V3 Healthcare
Mar 31st, 2023
Tomorrow Health Modernizes Home-Based Care Operations For Medicaid Managed Care Plans – V3 Media

Tomorrow Health, an innovator in home-based care, today announced novel technology to improve home-based care operations for Medicaid managed care organizations.

PR Newswire
Jan 31st, 2023
Tomorrow Health Adds Former Cleveland Clinic CEO Dr. Toby Cosgrove to Advisory Board

NEW YORK, Jan. 31, 2023 /PRNewswire/ -- Tomorrow Health, a home-based care company, today announced the addition of Dr. Toby Cosgrove to its Advisory Board.

Axios
Jan 23rd, 2023
Home health's labor churn could chill dealmaking

Tomorrow Health, a startup that matches patients with home care vendors, in June raised $60 million in Series B funding from VC backers including Bond Capital, Andreessen Horowitz and Obvious Ventures.

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