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Waymark
Healthcare services for Medicaid patients
- 21-100 employees
- Healthcare
- B2C
- Retail
- B2B
- Social Impact
- Community
- SoMa, San Francisco, CA
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Company mission
To bring the best healthcare to people with Medicaid benefits.
Few candidates hear
back within 2 weeks
Our take
Over 80M people in the U.S. receive healthcare coverage from Medicaid (and that’s only predicted to grow). However, in reality, that care is provided by an immensely fragmented group of privately run primary care providers (PCP).
Waymark is improving care through building technology and infrastructure services for these providers. For example, where local doctors need to connect with local pharmacists to manage a diabetic medicaid receiver’s insulin swings, communications and prescriptions will all be executed through the Waymark platform.
After a series of successful pilots, Waymark is looking to scale significantly after its 2022 investment of $45 million. That means racking up dozens of contract relationships with PCPs and using the data from tens of thousands of patients to further refine the product for national scale impact.
As Waymark’s leadership admits, there are many chasms on the road from academic publication to implementation at scale. However, the widespread enthusiasm for adopting systems that will help Medicaid fulfil its potential for millions of Americans will give the company confidence as it moves forward.
Freddie
Company Specialist at Welcome to the Jungle
Company values
- We are bold builders | We believe the greatest challenges in care delivery can be solved when we harness the power of community and technology. We are not constrained by what others believe is possible, because we create solutions and we deliver care based on first principles
- We are humble learners | We seek feedback and perspectives different from our own, and welcome challenges to our conclusions. We see, in the diversity of our teams and partners, a set of experiences, perspectives and talents that make each of us better, and all of us better. We seek the wisdom that comes from facing challenges with patience, empathy, and generosity
- We experiment to improve | We actively seek data to inform decisions and to assess our own performance. We experiment and obsessively collect data as we test hypotheses and try new approaches. We measure and document our successes and our failures. In doing so, we celebrate the learning that comes from failures, and strive to make every success reproducible
- We act with focused urgency | Our commitment to our mission drives us to tirelessly pursue results. We run through walls to grow our impact, to serve and to do it better than we did before. And, we say ‘no’ to distractions that take us away from our focus on catalyzing improvements in outcomes for patients receiving Medicaid
Funding (2 rounds)
Oct 2023
$22m
EARLY VC
Jan 2022
$45m
SERIES A
Total funding: $67m
This company has top investors
Leadership
Sanjay Basu
(Head of Clinical)Dr. Basu received their education from the Massachusetts Institute of Technology (MIT), Oxford University (as a Rhodes Scholar), and Yale before completing their residency in internal medicine at the University of California in San Francisco. Dr. Basu has published over 300 peer-reviewed journal articles. Co-founded Possible Health and serves as a Fellow at Imperial College London and an Associate Professor at University of Toronto.