Better Health

Overview

Better Health is a healthcare company focused on delivering medical supplies and support to manage chronic conditions. Founded in 2019 by Naama Stauber Breckler, the company aims to digitize and modernize the antiquated medical supplies and devices industry, making it easier for individuals to access necessary healthcare products. Headquartered in San Francisco, Better Health has garnered significant investments from notable firms such as General Catalyst and 8VC.

Recent Developments

  • June 2024: Better Health announced partnerships with leading health insurers to streamline the delivery of medical supplies, enhancing patient access and reducing costs.
  • April 2024: The company expanded its geographical reach by acquiring licenses to operate in 46 states, furthering its mission to provide comprehensive care solutions across the U.S.
  • February 2024: Better Health launched a new digital platform designed to improve user interaction and facilitate seamless access to medical supplies.
  • August 2023: Secured a significant Series A funding, which was used to enhance the technological infrastructure and product offerings.
  • May 2023: Recognized as one of the top healthcare startups by industry analysts, credited for their innovative approach to digital health distribution.

Company Information

AttributeInformation
Founding Date2019
HeadquartersSan Francisco, California, USA
FoundersNaama Stauber Breckler
RevenueNot publicly disclosed
ProfitsNot publicly disclosed
Key InvestorsGeneral Catalyst, 8VC
IndustryHealthcare, Medical Supplies
Number of EmployeesNot publicly disclosed

Early History

Founded in 2019 by Naama Stauber Breckler, Better Health was established to address inefficiencies within the medical supply chain. Stauber Breckler, leveraging her experience in healthcare, identified key areas where the accessibility and affordability of medical supplies could be improved. Initially, the focus was on creating a platform that connected insurance plans with consumers, simplifying the procurement process for chronic condition supplies. The e-commerce platform quickly gained traction for its user-friendly interface and comprehensive product offering.

Company Profile and Achievements

  • Better Health operates as a digital health company, focusing on providing accessibility to medical supplies essential for managing chronic health conditions.
  • 2019: Inception and initial market entry, quickly gaining recognition for addressing gaps in healthcare supply chains.
  • 2020-2021: Expansion of product offerings to include a wider range of supplies for diabetes, incontinence, and wound care management.
  • The company has successfully negotiated contracts with major U.S. payers, making it a preferred provider for many health insurance plans.
  • 2023: Received substantial Series A funding, which was directed towards expanding delivery networks and technology enhancements.
  • Development of an intuitive digital platform that incorporates peer-support and educational resources.

Current Operations and Market Position

Better Health currently operates as a leading digital supplier of home medical equipment. The company maintains a competitive position by continuously expanding its network of insurance partnerships and improving its technological infrastructure to better serve its customers. Its market share is growing as it becomes a trusted partner for both consumers and healthcare providers seeking reliable access to medical supplies.

Conclusion

Better Health represents a forward-thinking approach within the healthcare supply industry, striving to overcome existing challenges through innovation and technology. As it continues to expand its market presence and product offerings, the company is poised to make significant impacts in the accessibility of healthcare products for individuals with chronic conditions, ensuring that they receive the necessary tools for effective health management. With its strong leadership and clear vision, Better Health is well-positioned for future growth and continued innovation in the healthcare space.

References

  1. Better Health Official Website
  2. Crunchbase Profile - Better Health
  3. TechCrunch Article on Better Health
  4. LinkedIn Profile - Naama Stauber Breckler
  5. PitchBook Overview - Better Health