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Classified in: Health, Science and technology, Business
Subject: SVY

Rightway Named to the 2021 CB Insights Digital Health 150 - List of Most Innovative Digital Health Startups


NEW YORK, Dec. 9, 2021 /PRNewswire/ -- CB Insights named Rightway to its third annual Digital Health 150, which showcases the 150 most promising private digital health companies in the world. This year's Digital Health 150 was unveiled live during CB Insights' annual Future of Health event.

The 2021 Digital Health 150 cohort has raised roughly $14.9B in aggregate funding across 522 deals since 2016, and includes startups at various investment stages of development, from early-stage to well-funded unicorns. Companies this year include startups working on data integration & analytics, hybrid virtual / in-person care, digital therapeutics, clinical intelligence, and more.

"This year's Digital Health 150 is one of our most expansive yet, spotlighting 16 categories including virtual care, clinical trials tech, and workflow automation, as well as adding new categories such as home health tech and computer-aided imaging," said Brian Lee, SVP of CB Insights' Intelligence Unit. "Last year's class has seen more than 20 exits, raised an additional $18.6B in aggregate funding, and announced over 250 partnerships since being recognized, and we're excited to see the future success of this year's winners."

"Rightway was founded to unlock transformational healthcare outcomes by making guidance and advocacy accessible to all," said Jordan Feldman, co-founder and CEO of Rightway. "The Digital Health 150 recognition shows that we are doing just that. Our care navigation and pharmacy benefits solutions utilize clinical experts to guide members to the highest quality providers and medications, delivering better care and happier employees at a lower cost. We are honored to be included alongside such cutting-edge companies."

Through an evidence-based approach, the CB Insights research team selected the Digital Health 150 from a pool of over 11,000 companies, including applicants and nominees. They were chosen based on several factors, including data submitted by the companies, company business models and momentum in the market, and Mosaic scores, CB Insights' proprietary algorithm that measures the overall health and growth potential of private companies.

Rightway's consumer-centric care navigation and pharmacy benefit management (PBM) solutions provide a clinical, concierge "front door" to healthcare for over 1 million members. Employers, TPAs, health plans, and coalitions partner with Rightway to fundamentally improve their employees' healthcare experience while significantly reducing costs.

Its mobile-first care navigation platform is led by clinical guides who navigate members through their entire healthcare journey, and has been proven by a third-party actuarial analysis to lower healthcare costs by 15%. Rightway's transparent PBM dismantles the traditional model, unlocking margin trapped in the supply chain and delivering it back to plan sponsors and members. Effective pharmacy navigation and better utilization management enables Rightway clients to save an average of 18% in first year pharmacy spending.

2021 Digital Health 150 Investment Highlights:

The Digital Health 150 Companies (in alphabetical order):

About CB Insights

CB Insights builds software that enables the world's best companies to discover, understand, and make technology decisions with confidence. By marrying data, expert insights, and work management tools, clients manage their end-to-end technology decision-making process on CB Insights. To learn more, please visit www.cbinsights.com.

CB Insights Press Contact:
[email protected]

About Rightway

Rightway is the leader in driving healthcare value for everyone, everywhere. Its care navigation and new-to-the-world PBM platforms guide members to the highest quality care and medication, leading to better care and happier people at a lower cost. Using the mobile app, employees connect with live, clinical guides who assist them with all their healthcare needs - from finding a great doctor to understanding their medication, from support on billing issues to benefits education. Companies choose Rightway for its smart clinical navigation, best-in-class technology, and lightest implementation lift, all resulting in higher ROI for clients and happier, healthier employees. For more information, please visit www.rightwayhealthcare.com.

Rightway Press Contact:
Rita Lebedeva
[email protected]

SOURCE Rightway


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