Better Health secures new funding round 

SAN FRANCISCO – Better Health, a medical supply provider, has received $14 million in strategic funding, including investments from Healthworx, the innovation and investment arm of CareFirst Inc., UHealth - University of Miami Health System, and Mosaic General Partnership.  

Better Health will use the funding to bring a more comprehensive solution to payers and providers, while also expanding into new categories to better serve members with chronic conditions. The company is also actively exploring how incorporating AI into its value stream can further enhance and accelerate its already best-in-class experience for patients, payers, and providers. 

“We’ve seen a remarkable 86% of the people who went through the Better Health Peer Support program reported they were able to avoid an unnecessary ER or doctor visit,” says Dr. Robert Mirsky, Better Health clinical advisor and the former chief medical officer of Aetna Medicare. “Receiving coaching from someone with similar lived experience builds trust, helps patients gain more knowledge and confidence, and as a result be more compliant with their treatment. This enables Better Health to drive impact on health outcomes and cost of care.” 

This financing builds on Better Health’s previous $10 Million Series A round and includes participation from new investor Samsung Next, which continues to expand its investment in health care solutions. 

Established in 2019 by Naama Stauber Breckler, Better Health provides support and medical supplies for people with chronic conditions, such as ostomy, chronic wounds, diabetes, chronic retention and incontinence. The company's care model incorporates peer coaching, education and home delivery of medical supplies, focusing on driving engagement and adherence, improving outcomes and reducing costs. 

• Read what Naama Stauber Breckler had to say about serving as a central access for medical supplies.