Vheda Health

Vheda Health

Digital chronic condition management solutions

About Vheda Health

Simplify's Rating
Why Vheda Health is rated
C+
Rated D+ on Competitive Edge
Rated A on Growth Potential
Rated C on Differentiation

Industries

AI & Machine Learning

Healthcare

Company Size

51-200

Company Stage

Early VC

Total Funding

$2.9M

Headquarters

Columbia, South Carolina

Founded

2013

Overview

Vheda Health focuses on managing chronic health conditions for high-risk groups, such as those covered by Medicaid and Medicare, as well as employer groups. The company offers digital programs that include custom mobile devices, connected monitoring tools, and personalized coaching to help patients manage conditions like asthma, COPD, heart failure, hypertension, and diabetes. These solutions aim to improve patient care and health outcomes while reducing hospital visits. Vheda Health stands out from competitors by combining technology with a personal touch, which helps to engage patients effectively and ensure they follow their care plans. The goal of Vheda Health is to enhance accessibility and compliance in healthcare, ultimately leading to better health for their patients.

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Simplify's Take

What believers are saying

  • Vheda Health benefits from the growing remote patient monitoring market, projected to reach $1.7 billion by 2027.
  • The rise of value-based care models aligns with Vheda Health's mission to improve health outcomes.
  • Telehealth's post-pandemic surge supports Vheda Health's virtual health engagement strategies.

What critics are saying

  • Increased competition from companies like Livongo and Omada Health could impact Vheda Health's market share.
  • Rapid technological advancements may require continuous R&D investment, straining financial resources.
  • Changes in Medicaid and Medicare reimbursement policies could affect Vheda Health's revenue streams.

What makes Vheda Health unique

  • Vheda Health specializes in digital chronic condition management for high-risk populations.
  • The company integrates custom mobile devices with personalized coaching for patient care.
  • Vheda Health combines technology with human touch to ensure high engagement and compliance.

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Funding

Total Funding

$2.9M

Below

Industry Average

Funded Over

3 Rounds

Early VC funding comparison data is currently unavailable. We're working to provide this information soon!
Early VC Funding Comparison
Coming Soon

Benefits

Health Insurance

401(k) Retirement Plan

Unlimited Paid Time Off

Paid Holidays

Growth & Insights and Company News

Headcount

6 month growth

↓ -1%

1 year growth

↑ 1%

2 year growth

↑ 0%
Newswire
Nov 5th, 2024
Vheda Health Awarded Centene's Partnership Purpose Award

COLUMBIA, Md., November 5, 2024 (Newswire.com) - Vheda Health, a leader in virtual health engagement, is honored to announce that it has been awarded Centene's prestigious Partnership Purpose Award.

CityBiz
Oct 8th, 2024
Vheda Health Appoints Ken Goulet to Board

Vheda Health, a pioneering leader in virtual health engagement for underserved populations, is pleased to announce the appointment of Ken Goulet to its Board of Directors.

PR Newswire
Feb 5th, 2024
Vheda Health Unveils Dynamic Rebranding To Propel Leadership In Virtual Health Engagement At The Medicaid Innovations Forum

Growth-phase company is a trusted partner for Medicaid, Medicare, and SNP health plans across the United States seeking to empower people to live their best life.COLUMBIA, Md., Feb. 5, 2024 /PRNewswire/ -- Vheda Health, a national pioneer in virtual health engagement is proud to announce a strategic branding initiative aligned with its continued leadership and innovative approach in the healthcare industry.Repositioning for the Future[Vheda Health's] rebranding signifies our unwavering commitment to advancing health equity and access to care from anywhere." Shameet Luhar, CEO of Vheda Health Post this Vheda Health HomePage | For more information, please visit https://www.vheda.com/ Shameet Luhar, CEOIn response to the evolving healthcare landscape, the initiative emphasizes Vheda Health's mission to providing simple, personalized, access to care for all:—Accelerating health equity for everyone by providing simple access to care from anywhere. The new branding focus reinforces Vheda Health's commitment to providing unparalleled virtual health engagement solutions for underserved populations – Medicaid, Medicare, and SNP populations, enhancing health outcomes and lives with turnkey chronic care programs, and making a lasting impact on healthcare communities nationwide. The company has been a trusted strategic partner for over a decade, with a proven track record of achieving 84% member engagement and an average 3:1 return on investment for health plans.Unveiling at Medicaid Innovations ForumThe new brand and website will be unveiled at the Medicaid Innovations Forum, a premier event for executives, providers, and leaders focused on Medicaid. Vheda Health's CEO and co-founder, Shameet Luhar, will be a featured speaker alongside Health Care Service Corporation (HCSC). Together, they will address the critical topic of "Getting to the H.E.A.R.T of the Matter - Advancing Health Equity and ROI through Simple, Multi-Touch Approaches to Engagement.""Our rebranding is a major milestone in our evolution and signifies our unwavering dedication to advancing health equity and delivering results that improve health outcomes for everyone," said Shameet Luhar, CEO and Founder of Vheda Health

Technical.ly
Apr 19th, 2023
Money Moves: Apkudo Raised Nearly $38M To Grow Its International Presence

Money Moves is a column where we chart the funding raises of tech companies across the region. Have a tip? Email us at [email protected] supply chain automation company Apkudo raised an over-$37 million Series C. Apkudo, a company located in Baltimore’s Canton neighborhood that specializes in enhancing supply chain transparency for connected devices, recently raised $37.5 million in its Series C funding round. President Chad Gottesman said the new capital will be used to expand the company’s technical staff, international reach and platform capabilities, among other components. He specifically told Technical.ly via email that the investment will go toward growing the company’s engineering teams, establishing a physical presence outside the US, building out the go-to-market function and expanding from mobility to computers. The Series C began in October 2022 and was completed on February 10, with Closed Loop Partners’ Leadership Fund and Piper Sandler Merchant Banking leading the investment round

Technical.ly
Apr 13th, 2023
‘Vc Is Not A Short-Term Business’: Baltimore’S Dealflow Dropped In Q1 2023, But Momentum Can Return

Editor’s note: These figures may vary slightly, as some deals aren’t accounted for until weeks after quarterly VC reports are published. While the collapse of Silicon Valley Bank (SVB) may have compelled VCs to tighten their spending across the board, the downward trend that the just-released Q1 Venture Monitor report indicates the Baltimore metropolitan statistical area (MSA) experienced could actually belie signs of upward momentum for the region’s startup ecosystem. This mixed but ultimately positive analysis comes from the statistics reported in the aforementioned quarterly publication, which the National Venture Capital Association (NVCA) and PitchBook dropped Thursday, as well as a secondary analysis from local startup economy booster UpSurge Baltimore.

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