Digital health is the confluence of digital technologies with health care and society to deliver more personalised and precise medicines. Omada is a digital health startup, started around a decade ago, that aims at helping individuals lose weight which has shown exceptional results in helping reduce behavioural risk factors for developing the most common type 2 diabetes which is pretty standard in Americans so much so that 1 out of 3 Americans suffer from it. The program is based on clinically-proven and tested scientific technologies which help participants by Guiding them to a healthy lifestyle and helps them achieve their goals by nutrition and behavioural changes.
Managing diabetes can alone save $237 billion, and this is the fact Omada gained so much popularity. After gaining significant traction in the field of diabetes prevention, Omada further ventures forward to mental health, hypertension, and another disease where a change in nutrition can benefit the participants. Owing to this, Omada raised $73 million, which is to believe as per two people familiar with the matter is at a valuation of about $600 million.
This is a significant step taken regarding providing digital health care wherein the participants need not go to the hospitals daily for their issues, which can be solved here. Time consumption can be minimized, and the medicines delivered can be more and more personalised and precise.