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🚀 Tomorrow Health: Bringing Healthcare to the Home
Home is where the heart (and care) is
Home healthcare can be a difficult space to navigate – and as more and more patients opt for care in the comfort of their homes – it has become a pressing problem that needs a solution. Introducing today’s startup: Tomorrow Health.
⚾ The Elevator Pitch
Home-based healthcare is the future. A whopping 25% of Americans already require home-based care and 91% of health plans are actively seeking programs to move care to the home. However, current home-based care is fragmented, confusing and expensive, costing the healthcare system billions of dollars annually. Tomorrow Health aims to tackle this pressing problem.
They’ve created a technology-driven platform that connects patients, providers, suppliers, and payers seamlessly. Their integrated system has so far matched patients with 40,000+ products and services, that custom tailors each patient’s need while considering quality, specialization, insurance coverage, and geography.
👇 The Drop Down
💻 Site: https://tomorrowhealth.com
🌱 Founded: 2017
📈 Trend: Healthcare
🦶Traction: Raised $60M Series B, backed by a16z, BOND, and others
🔍 Why we like it
💸 Home is where the heart is… and care should be
Undergoing treatment or receiving care is already an extremely difficult process as it is for both patients as well as their family members. Specifically, for many aging Americans, choosing between living in assisted living facilities versus their home can often be a debilitating decision between comfort and care. As a growing percentage of Americans choose to “age in place” at home versus seeking out assisted living facilities, the need for better in-home care has also grown. Tomorrow Health aims to do exactly what its name states: build better healthcare systems for tomorrow.
⬆️ Efficiency + ⬇️ Costs
Tomorrow Health provides a fully integrated solution for healthcare providers and patients. To list a few of its benefits, this streamlined process has led to 45% less time spent by medical providers ordering and managing home-based care and 15%+ savings for payers on home-based care spend, with increased quality and improved patient outcomes.