Waymark

Waymark

Community-based healthcare services for Medicaid patients

About

Waymark Care focuses on enhancing healthcare access for patients enrolled in Medicaid programs by connecting them with local care teams. These teams consist of community health workers, therapists, pharmacists, and care coordinators who live and work in the same areas as the patients, allowing for personalized and convenient care. They help patients navigate the healthcare system, coordinate medical appointments, manage prescription refills, and assist with essential needs like food and transportation. Waymark Care partners with health plans and primary care providers to offer its services at no cost to patients, which sets it apart from competitors. As a public benefit corporation, Waymark Care is committed to considering the impact of its decisions on patients and the community, aiming to improve access to quality healthcare for those who need it most.

Company Stage

Debt Financing

Employees

51-200

Industries

Social Impact, Healthcare

Total Funding

$65.2M

Headquarters

San Francisco, California

Founded

2021


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Simplify's Take

What believers are saying

  • Waymark raised $42M to expand community-based care for Medicaid patients.
  • Waymark's AI-driven model aligns with the rise of value-based care.
  • Waymark's partnerships offer services at no cost to patients, enhancing access.

What critics are saying

  • Increased competition from health-tech startups could impact Waymark's market share.
  • Potential changes in Medicaid funding could affect Waymark's revenue streams.
  • Disruptions in partnerships with health plans could impact Waymark's operations.

What makes Waymark unique

  • Waymark uses community-based care teams for personalized Medicaid patient support.
  • Waymark Signal predicts avoidable ER visits with 90% accuracy, outperforming traditional models.
  • Waymark is a public benefit corporation, prioritizing patient and community impact.

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Growth & Insights
Headcount

6 month growth

14%

1 year growth

30%

2 year growth

131%

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