Omada Health, which just nabbed $48 million in new funding, expects to have "hundreds of thousands" of health plan enrollees using its digital health services by next year, CEO Sean Duffy says.
The San Francisco-based startup helps people with obesity-related chronic diseases get healthier. But it sells its services to health insurers and big employers, who benefit when their enrollees or employees make healthier choices.
About 20,000 patients use its platform currently, a number that's expected to jump by an additional 10,000 by year-end, Duffy told me this week. But by next year, he projects that "hundreds of thousands" of individuals will be using Omada Health to deal with chronic conditions like obesity and diabetes, in many cases before they reach the "tipping point" where they topple into experiencing the full-fledged medical condition.
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