Vida Health

Vida Health

Personalized healthcare programs using technology

About

Vida Health provides personalized healthcare programs targeting conditions like diabetes, obesity, depression, and hypertension. The company combines human-centered care with technology, employing registered dietitians, physicians, expert coaches, and therapists who connect with clients through video chats. This personal interaction is enhanced by customized digital interventions and educational content, which are tailored to each member's needs using machine learning and data from devices like glucose monitors and fitness trackers. Vida Health stands out from competitors by adopting a pay-for-performance model, where it only receives payment if it successfully helps clients improve their health outcomes. This commitment to results has led to significant improvements in medication adherence, weight loss, and reductions in depression among users.

Company Stage

Late Stage VC

Employees

501-1,000

Industries

AI & Machine Learning, Healthcare

Total Funding

$210.6M

Headquarters

San Francisco, California

Founded

2014


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Simplify's Take

What believers are saying

  • Growing demand for virtual mental health services boosts Vida Health's market potential.
  • Partnerships with companies like Outrigger enhance Vida's enterprise client base.
  • Rising interest in value-based care aligns with Vida's business model.

What critics are saying

  • Increased competition from platforms like Omada Health and Livongo.
  • Maintaining data privacy with integration of over 100 devices poses challenges.
  • Regulatory scrutiny on digital health platforms could impact operations.

What makes Vida Health unique

  • Vida Health offers a unique pay-for-performance model in digital health.
  • The platform integrates mental and physical health care for comprehensive treatment.
  • AI-powered personalization enhances patient engagement and health outcomes.

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Growth & Insights
Headcount

6 month growth

0%

1 year growth

0%

2 year growth

-17%

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