Vheda Health
Vendor Review for Medicaid Vendor Partner Readiness
- Overall Assessment
- Basic Info
- Relevant Leadership Experience
- Brand Perception
- Clarity of Value Proposition
- Scalability
- Funding Model
Overall Assessment
Summary
- Lean startup with persistent efforts in market that are starting to pay off
- Strong healthcare experience; moderate Medicare / Medicaid experience across leadership team
- Consistent conference marketing and press coverage in startup community has created strong brand percetpion
- Staffing patterns increasing and suggesting preparing for scale
Scoring
Composite
Leadership Medicaid Experience
Scalability
Brand Perception
Category
Tech>Mobile health
What they do
Provide members with smartphones and get them to do health risk assessments
current vendor logo (for identification purposes only)
Self-stated value proposition
Vheda, Inc. develops mobile intervention platform for healthcare organizations that include payers, hospitals, and risk-bearing accountable care organizations. Its platform enables users to deliver and maintain patient care plans; identify care plan deficiencies; interact with video conferences and text messages; automate data collection with Internet-enabled sensors; identify key data insights across population segments; and create custom reports. The company’s platform manages populations across various disease states, such as asthma, chronic obstructive, pulmonary disease, weight management, hypertension, congestive heart failure, medication adherence, high-risk pregnancy, and more.
Founded
2013
Annual Revenues
Estimated @ <$5M
# employees
Estimated @ 50
Points Possible: 212
Points Earned: 74.5
click to enlarge
Role | | |
|---|---|---|
CEO |  Shameet Luhar | Click for Bio (self-reported)As CEO, I am responsible for leading the company's vision, growth, and fundraising by empowering a talented team to do the impossible. |
Operations Executive |  Phillip Rub | Click for Bio (self-reported) Senior business consultant focused on enterprise business process improvement at Resolution Health (acq by WellPoint). Led software design of clinical evidence-based rules engine analyzing claims data based on predictive models. Developed various web-based tools to support big-data, clinical rule analysis. MBA with concentration in Finance and Strategy from University of Maryland and BS in Information Systems from Mount Saint Mary’s University. |
Sales Executive |  Bradley Marks | Click for Bio (self-reported)I am a hard-working, driven, and knowledgeable operations professional with over 17 years of experience and demonstrated success in progressive management and operational roles within the healthcare industry. I have a strong level of expertise in organizational planning/development, product development/execution, policy design/implementation, while fostering a positive workplace environment using my communication and interpersonal skills. |
Product/Solution Executive (or similar) |  Geoff Yates | Click for Bio (self-reported) |
Points possible: 95
Points earned: 95
Analyst Notes
- Several health plan clients in multiple markets
- Strong conference presence in Medicaid space
Points possible: 60
Points earned: 40
Analyst Notes
- Measuring impact on ED, pmpy costs and member engagement rates
Points possible: 50
Points earned: 31
Analyst Notes
- Experience of mid-tier product teams assessed as moderate; Delivery teams assessed as extensive
- Staffing trends increasing
- Low annual revenues
Analyst Notes
Ownership model
Private equity
Stage
Early stage
Trend in funding rounds
Increasing; $2M total over 3 rounds, with $1.5M in 2017 round
Major investors
Startup Health, The Iron Yard, TEDCO
