World Economic Forum’s Technology Pioneers has announced its 2016 honorees for advances in the design, development and deployment of new technologies and innovations, including 22 US companies. Of the various health, environment and energy companies awarded the honor, Omada Health was recognized for its work in helping to combat the public health challenge of chronic disease.
The San Francisco-based company is a digital behavioral medicine organization that works with employers, health plans and health systems to digitally administer intensive behavioral counseling for individuals with elevated risk for chronic diseases, such as type 1 and type 2 diabetes as well as heart disease. Omada Health functions on a pay-for-outcomes model and strives to align its own incentives with those of their partners and members.
“Being recognized as a technology pioneer by the World Economic Forum is an acknowledgement that Omada’s approach to tackling the epidemic of chronic disease has the potential to address a generational public health challenge,” Sean Duffy, Omada Health CEO and co-founder, said in a statement. “Digital behavioral medicine can scale and deliver effective interventions to millions of people who need them the most. In a world where chronic disease now kills more people than infectious disease, the World Economic Forum’s award gives Omada a continued mandate to reach as many at-risk individuals as possible.”
Read More: http://www.ajmc.com/newsroom/world-economic-forum-group-honors-omada-health-for-medical-innovation#sthash.xr6urJcW.dpuf