{"id":29301,"date":"2022-02-25T11:47:35","date_gmt":"2022-02-25T11:47:35","guid":{"rendered":"https:\/\/www.syscreations.ca\/blog\/?p=29301"},"modified":"2022-02-25T11:47:36","modified_gmt":"2022-02-25T11:47:36","slug":"chronic-care-management-solution","status":"publish","type":"post","link":"https:\/\/www.syscreations.ca\/blog\/chronic-care-management-solution\/","title":{"rendered":"How this Chronic Care Management Solution Becomes Unicorn By Helping Patients Change Behavior?"},"content":{"rendered":"\n<h2><strong>The health tech startup we are talking about&nbsp;<\/strong><\/h2>\n\n\n\n<p><span style=\"color:#7b68ee\" class=\"has-inline-color\">It\u2019s Omada Health! Founded in 2011, this San Francisco-based health tech startup has recently raised $192 million in its series E round and earned unicorn status with a valuation of over $1 billion.\u00a0<\/span><\/p>\n\n\n\n<center><blockquote class=\"twitter-tweet\"><p lang=\"en\" dir=\"ltr\">Thanks <a href=\"https:\/\/twitter.com\/Nasdaq?ref_src=twsrc%5Etfw\">@Nasdaq<\/a> for highlighting our big news today here <a href=\"https:\/\/twitter.com\/omadahealth?ref_src=twsrc%5Etfw\">@OmadaHealth<\/a>. <a href=\"https:\/\/t.co\/Y4oV50Rls0\">pic.twitter.com\/Y4oV50Rls0<\/a><\/p>&mdash; Sean Duffy (@seanduffy) <a href=\"https:\/\/twitter.com\/seanduffy\/status\/1496574486040440832?ref_src=twsrc%5Etfw\">February 23, 2022<\/a><\/blockquote> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/center>\n\n\n\n<p>Omada Health serves employers, health plans and benefit consultants. It in total serves more than 1600 enterprise customers with several fortune 500 companies.&nbsp;<\/p>\n\n\n\n<p><span style=\"color:#7b68ee\" class=\"has-inline-color\">Omada Health also serves more than half a million individuals across the USA.\u00a0<\/span><\/p>\n\n\n\n<h2><strong>What does Omada Health provide?<\/strong><strong>&nbsp;<\/strong><\/h2>\n\n\n\n<p><span style=\"color:#7b68ee\" class=\"has-inline-color\">Omada Health provides a very comprehensive and integrated mobile\/web-based chronic care management solution.\u00a0<\/span><\/p>\n\n\n\n<p>The startup runs clinically supported and evidence-based virtual care programs for several chronic conditions such as,&nbsp;<\/p>\n\n\n\n<ul><li>Diabetes<\/li><li>Prediabetes&nbsp;<\/li><li>Weight management<\/li><li>Hypertension<\/li><li>Musculoskeletal conditions<\/li><li>Anxiety<\/li><li>Depression<\/li><\/ul>\n\n\n\n<figure class=\"wp-block-image\"><img src=\"https:\/\/lh6.googleusercontent.com\/jq2BZdgGfgAElIP4G42uYDvSkYJG7gJLCsPhJBXGjxUeJmBKqtwIf3oYcOJ3mJi2Ut6OQ3S51tY0swkKqAdRYq4jwWmY0_OMuwbYcgD2Z3iujRAUxrTeJ5x7gZaM_MIk9iogaO40\" alt=\"\"\/><\/figure>\n\n\n\n<h1><strong>Which are the value propositions of Omada Health\u2019s chronic care management solution?<\/strong>&nbsp;<\/h1>\n\n\n\n<ul><li><strong>Lowered medical costs<\/strong>&nbsp;<\/li><\/ul>\n\n\n\n<p>Omada Health claims that it is successfully saving medical costs of $1,169 per member in the first year.&nbsp;<\/p>\n\n\n\n<ul><li><strong>Success-based pricing<\/strong>&nbsp;<\/li><\/ul>\n\n\n\n<p>Omada Health provides flexibility to health plans and benefit consultants to pay only when members enroll and it can also be billed directly through medical claims.&nbsp;&nbsp;<\/p>\n\n\n\n<ul><li><strong>Improved long term health<\/strong><\/li><\/ul>\n\n\n\n<p>While providing instant virtual chronic care to patients, Omada Health aims to improve their long-term health by helping patients to change lifestyles and behaviour.&nbsp;&nbsp;<\/p>\n\n\n\n<h2><strong>How does Omada Health work?\u00a0<\/strong><\/h2>\n\n\n\n<iframe width=\"642\" height=\"361\" src=\"https:\/\/www.youtube.com\/embed\/uiDG1YDBzTw\" title=\"YouTube video player\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture\" allowfullscreen><\/iframe>\n\n\n\n<h2><strong>How does Omada Health become a unicorn? (Very important for you!)&nbsp;<\/strong><\/h2>\n\n\n\n<p>Of course, by targeting real pain areas of patients with a clinical approach based on clinical evidence and learnings.&nbsp;<\/p>\n\n\n\n<p><span style=\"color:#7b68ee\" class=\"has-inline-color\">But the major reason for Omada Health becoming a unicorn is the way its chronic care management platform works.\u00a0<\/span><\/p>\n\n\n\n<p>According to Omada Health President Wei-Li Shao, \u201cFor patients with chronic conditions, the battle for their own health can\u2019t be won by visiting the doctor a few times a year. Instead, the battle against chronic conditions is fought in the vast amount of white space in-between visits when patients are making decisions and taking actions.\u201d<\/p>\n\n\n\n<p><span style=\"color:#7b68ee\" class=\"has-inline-color\">Its chronic care management solution targets this white space where it trains and encourages patients to adopt a lifestyle and bring behavioural changes that will help them deal with their chronic condition easily.\u00a0<\/span><\/p>\n\n\n\n<p><span style=\"color:#7b68ee\" class=\"has-inline-color\">For instance, if a patient is having diabetes, the Omada Health platform not only virtually connects him to the provider but between the white-space of the last virtual visit and next virtual visit, it assists the patient in having proper food, performing the exercise, measuring his glucose, and reading lessons.\u00a0<\/span><\/p>\n\n\n\n<p>Such a personalized care plan enables patients to fight chronic conditions not only with medicines and medical consultation but with behavioural and lifestyle changes too.<\/p>\n\n\n\n<p><span style=\"color:#7b68ee\" class=\"has-inline-color\">Because that\u2019s the most clinically-proven way to deal with chronic conditions.\u00a0<\/span><\/p>\n\n\n\n<h2><strong>How does Omada Health provide personalized care in a true sense?&nbsp;&nbsp;<\/strong><\/h2>\n\n\n\n<p><span style=\"color:#7b68ee\" class=\"has-inline-color\">Many health tech startups claim to provide personalized virtual care to patients.\u00a0<\/span><\/p>\n\n\n\n<p>But what patients actually get are some tips and suggestions based on how they interact with the app and what they answer to a few questions.&nbsp;<\/p>\n\n\n\n<p><span style=\"color:#7b68ee\" class=\"has-inline-color\">To deliver real personalized care, health tech startups must also take clinical protocols and evidence into account.<\/span>\u00a0<\/p>\n\n\n\n<p>Otherwise, they would end up delivering personalized care which patients deny recognizing!&nbsp;<\/p>\n\n\n\n<p><span style=\"color:#7b68ee\" class=\"has-inline-color\">Talking about Omada Health\u2019s chronic care management platform, it revolutionizes virtual chronic care with data and performs best with data when technology alone can fail.\u00a0<\/span><\/p>\n\n\n\n<p><span style=\"color:#7b68ee\" class=\"has-inline-color\">With the perfect fusion of data science, clinical &amp; product design, behaviour science and care delivery learning, it delivers personalized care in a true sense.\u00a0<\/span><\/p>\n\n\n\n<p>250% of better health outcomes, 50% of better goal-driven results and 200% of better goal achievement are some of the epic results Omada Health has achieved, all thanks to real personalized care!&nbsp;<\/p>\n\n\n\n<p><strong>So, learning for you is, Chronic care management app in 2022 = Technology + Data&nbsp;<\/strong><\/p>\n\n\n\n<h2><strong>Have a similar vision? What about merging your vision with our healthcare IT expertise and healthcare passion?&nbsp;<\/strong><\/h2>\n\n\n\n<p>We are an Ontario-based healthcare-focused IT company.&nbsp;<\/p>\n\n\n\n<p><span style=\"color:#7b68ee\" class=\"has-inline-color\">We are capable of delivering powerful healthcare IT products only due to the perfect combination of our healthcare IT expertise and our healthcare passion.\u00a0<\/span><\/p>\n\n\n\n<p>Starting with <strong>healthcare IT expertise<\/strong>, we understand healthcare as we have been dealing with it for 7+ years. Our entire team has only healthcare-specific but very in-depth healthcare tech, compliance and business knowledge.&nbsp;<\/p>\n\n\n\n<p>And talking about our <strong>healthcare passion<\/strong>, well, we see healthcare as a way to change the world, not to only make bucks. We find working on healthcare projects inspiring. And our healthcare IT clients consider our healthcare passion as the fuel to their vision!&nbsp;<\/p>\n\n\n\n<p><span style=\"color:#7b68ee\" class=\"has-inline-color\">The way we can help you is fruitful to you. We can help you in clinical, technology, business and compliance things.\u00a0<\/span><\/p>\n\n\n\n<p><span style=\"color:#7b68ee\" class=\"has-inline-color\">Because we are armed with healthcare professionals, developers, business analysts, UI\/UX designers, compliance specialists, QA engineers and most importantly, a game-changing mindset!\u00a0<\/span><\/p>\n\n\n\n<p>Imagine all of these experts working with their impactful mindset on your healthcare tech vision!&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The health tech startup we are talking about&nbsp; It\u2019s Omada Health! Founded in 2011, this San Francisco-based health tech startup has recently raised $192 million in its series E round and earned unicorn status with a valuation of over $1 billion.\u00a0 Thanks @Nasdaq for highlighting our big news today here @OmadaHealth. pic.twitter.com\/Y4oV50Rls0 &mdash; Sean Duffy [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":29306,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[10],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v16.1.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>How this Chronic Care Management Solution Becomes Unicorn?<\/title>\n<meta name=\"description\" content=\"US-based chronic care management app provider Omada Health raised $192 million and became a unicorn. 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