What You Should Know:
– Carbon Health, a technology-enabled healthcare provider, announced the acquisition of Steady Health, a fully integrated diabetes platform that uses data from continuous glucose monitoring (CGM) devices to provide personalized medical care from top endocrinologists. Financial details of the acquisition were not disclosed.
– The Steady Health acquisition accelerates Carbon Health’s rollout of an innovative new primary care model, which integrates Carbon Health’s strong clinic footprint with virtual and hardware-enabled capabilities that deliver an unprecedented omnichannel experience of high-quality, accessible healthcare.
In addition, the company has appointed former Apple Health head Myoung Cha as Chief Strategy Officer (CSO) and President of the new Home-Based Care division, as well as former Honor president Nita Sommers as Chief Growth Officer (CGO). As part of his role, Cha will grow the company’s device-enabled home care operations, including virtual care, remote patient monitoring, and home diagnostics services. In her role, Sommers will expand Carbon Health’s services into areas such as mental health and pediatrics, as well as build out Carbon Health’s value-based offerings for employers and payers.
In addition to growing Carbon Health’s device-enabled home care operations, Cha will also drive the company’s omnichannel care model, which is designed to meet patients where they are by delivering care via a variety of access points, including in-person clinics, home-based care, and easy-to-use consumer health tools. Cha joins the company with more than a decade of healthcare experience, most recently as Apple Health’s Head of Strategic Initiatives, where he led the launch of programs like COVID-19 exposure notifications with Google, the Apple Watch–based LumiHealth wellness program in Singapore, and the Heartline Study with Johnson & Johnson.
New Chief Growth Officer Sommers joins the company with 20 years of experience at innovative high-growth companies at the intersection of healthcare and technology. Sommers previously served as the President of Honor, a provider of home-based care to older adults, and she spent nearly seven years as Chief Strategy Officer at Castlight Health, a health navigation platform for employers and health plans. She was also an early member of the Athenahealth team, and was most recently an Operating Partner for Khosla Ventures, where she worked with the firm’s portfolio of early-stage companies transforming healthcare.