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Vida Health

Vida Health

Personalized healthcare programs using technology

About

Vida Health provides personalized healthcare programs targeting conditions like diabetes, obesity, depression, and hypertension. Their approach combines human-centered care with technology, employing registered dietitians, physicians, coaches, and therapists who connect with clients through video chats. This is enhanced by customized digital interventions and educational content, utilizing machine learning to tailor each member's experience based on data from devices like glucose monitors and fitness trackers. What sets Vida apart from competitors is its pay-for-performance model, where fees are contingent on achieving health outcomes. This commitment to results has led to improved medication adherence, weight loss, and reduced depression among users.

Company Stage

Series D

Employees

201-500

Industries

AI & Machine Learning, Healthcare

Total Funding

$216.5M

Headquarters

N/A

Founded

2014


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Simplify's Take

What believers are saying

  • Collaborations with prominent organizations like Outrigger Resorts & Hotels and Capital Rx expand Vida Health's reach and enhance its credibility.
  • Preliminary results from Vida's obesity solutions indicate promising health outcomes, showcasing the effectiveness of their integrated approach.
  • The company's commitment to innovation is evident in its continuous development of personalized healthcare programs and integration with over 100 devices and apps.

What critics are saying

  • The pay-for-performance model, while attractive, could pose financial risks if health outcomes are not met consistently.
  • The competitive digital health market requires Vida Health to continuously innovate to maintain its edge.

What makes Vida Health unique

  • Vida Health's pay-for-performance model ensures accountability and aligns their success with client health outcomes, unlike many competitors who charge upfront fees.
  • The integration of human-centered care with advanced technology, including machine learning and synced devices, offers a highly personalized healthcare experience.
  • Vida Health's comprehensive approach, addressing both physical and mental health conditions, sets it apart in the digital health market.

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Growth & Insights
Headcount

6 month growth

0%

1 year growth

-2%

2 year growth

-20%

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