Omada Health raises $73M with help from Cigna, Kaiser Permanente

San Francisco-based digital health company Omada Health has raised $73 million in a funding round, which was led by independent investment firm Wellington Management Co.

With the funds, Omada Health will expand its digital care program. The program is designed to support patients with type 2 diabetes and hypertension. Additionally, Omada Health has programs that aim to support people with anxiety and depression.

Through its coaching platform, Omada Health delivers users personalized interventions at scale. The goal is to allow patients to take more control over their care.

Omada Health works with more than 600 employers and health plans across the country.

Other investors in the funding round included Cigna Ventures, Kaiser Permanente and Providence Ventures.

More articles on health IT:
Reimbursement models, data privacy among obstacles to digital health partnerships
Epic initiates another campus expansion
Independence Blue Cross opens innovation center

© Copyright ASC COMMUNICATIONS 2019. Interested in LINKING to or REPRINTING this content? View our policies by clicking here.

 

Top 40 Articles from the Past 6 Months