What You Should Know:
– Oshi Health, a virtual gastrointestinal (GI) care provider raises $60M in a Series C funding round led by Oak HC/FT, with participation from existing investors including Bessemer Venture Partners, Flare Capital Partners, Frist Cressey Ventures, CVS Health Ventures and Takeda Digital Ventures.
– The funding will fuel Oshi Health’s continued nationwide expansion and mission to transform digestive healthcare in the U.S.
Oshi Health’s Whole-Person Approach
Digestive health issues are widespread, affecting millions of Americans and incurring significant healthcare costs. Oshi Health’s virtual platform offers a convenient and comprehensive solution for individuals seeking specialized GI care.
Oshi Health’s unique model provides:
- Multidisciplinary Care: Patients have access to a dedicated care team, including gastroenterologists, registered dietitians, and behavioral health specialists.
- Integrated Care: The platform seamlessly integrates various aspects of care, from diagnosis and treatment to ongoing support and education.
- Symptom Management: Oshi Health empowers patients to understand their symptoms and achieve lasting control through personalized care plans.
- Cost-Effective Care: The virtual model reduces the need for expensive emergency room visits and procedures.
Nationwide Expansion
With this new funding, Oshi Health plans to:
- Expand Partnerships: Collaborate with more provider groups and payers to increase access to its services.
- Grow Employer Programs: Partner with more employers to offer Oshi Health as a benefit to their employees.
- Serve Medicare Populations: Expand its services to include Medicare beneficiaries in 2025.
Proven Outcomes and Cost Savings
Oshi Health has demonstrated impressive results in improving patient outcomes and reducing healthcare costs:
- Symptom Improvement: 92% of patients reported symptom improvement.
- High Patient Satisfaction: 98% of patients expressed satisfaction with their care.
- Significant Cost Savings: Oshi’s care resulted in total medical cost savings of $10,292 per patient in six months.
“Digestive health issues are a crippling reality for millions of Americans and a financial burden for their employers and health plans,” said Sam Holliday, Oshi CEO. “We have proven the transformative ability of our model to fill the gaps in care and create value for everyone involved, and we are excited to have the support of healthcare’s leading investors as we scale to free millions of people from their suffering.”
