🚀 Big News! Thyme Care Announces $95M Series C in STAT! Today, Thyme Care announced its $95 capital raise via an exclusive story in STAT. Thank you to health tech reporter Mohana Ravindranath for sharing the Thyme Care story and specifically highlighting our unique financial arrangements with payers and providers to improve the cancer care experience and reduce the total cost of care. Our mission is to transform cancer care by delivering high-quality, cost-effective solutions that improve patient outcomes. Here's what this new funding will help us achieve: 💛 Enhanced Patient Support: Our care navigation services and Care Team ensure that cancer patients receive comprehensive support throughout their treatment journey, reducing hospitalizations and preventing conditions from worsening. 🏥 Cost Savings and Value: By partnering with oncology practices, primary care groups, and health plans, Thyme Care assumes two-sided financial risk to align payment incentives with care quality. We leverage data and technology to exceed our savings goals. 📈 Expanded Reach: Today, Thyme Care actively manages 10,000 patients and over half a billion dollars in medical spend; we aim to triple both within the next year to broaden our national impact. “These kinds of risk-bearing arrangements aren’t exactly new, but Thyme Care is among the first to apply them to cancer care,” experts and investors tell STAT. A huge thank you to our dedicated team, partners, and visionary investors for believing in our mission. We couldn’t be more proud to share this achievement with you. Robin Shah Bobby Green Bradford Diephuis Concord Health Partners, CVS Health Ventures, Town Hall Ventures, a16z Bio + Health, AlleyCorp, Echo Health Ventures, Frist Cressey Ventures, Foresite Capital. 📰 Read more in STAT here: https://lnkd.in/ger7CNrs
It has been so exciting to keep building on our relationship together - Congrats to the Thyme Care team!!
Congrats Thyme Care you will be able to help so many more now. Can't wait to see where you go from here.
Congratulations! So excited for you and for all of the patients and families you'll be able to help!
Congrats, Thyme Care team! A great milestone in continuing all the great work you are doing in cancer care.
So proud of Robin, Bobby and the entire Thyme Care team! Amazing success in such a short period of time. Onward and upward!!!
Congrats Robin Shah Bobby Green Mark Lombardi, DSc Bradford Diephuis and team! Amazing to see this!
Congratulations Thyme Care team! Very exciting momentum
Congrats Thyme Care team!
Congrats to the Thyme Care Team!
Experienced behavioral health specialist
2moSo incredibly proud to be a part of the @Thyme Care team during our Series C announcement! This is a company that is dedicated to transforming the cancer care experience for patients and their caregivers. Everything we do is with our members in mind and this investment will allow us to expand our services to more people navigating a cancer diagnosis. I’m grateful to be a part of such an important mission.