Vim Announces Expansion of National High-Value Care Guidance for Self-Funded Employers

San Francisco, CA – January 9, 2020

Today Vim announced an expansion of the company’s healthcare technology platform to support self-funded employers. The first stage of the expansion is in Washington state, where Vim has partnered with a national health plan to deliver their proprietary platform and guide employees of their largest self-funded customer to high-value care destinations based on the personal needs and benefit design of each individual. The partnership is specifically focused on providing employees and their covered dependents with a seamless experience scheduling appointments with high-value providers in their network, and in helping care providers guide their patients to high-value specialists through a process that is integrated with existing clinical workflows.

“We designed the Vim platform and business processes to directly align with the benefit designs of self-funded employers and value-based provider contracts to help people access high-quality, affordable care,” said Oron Afek, CEO of Vim.

In addition to their launch with self-funded employers in Washington, Vim delivered a more than 25% improvement in referrals to high-value specialty providers in Texas in 2019. The company is underway launching solutions across multiple states in 2020 that will support both fully insured health plan and self-funded employer members – with access to local recommendations and guidance that optimizes quality, cost, and member experience.

“When we began working as Vim’s business development partner in 2017, we believed in their innovative approach to engaging both members and providers, and in their performance-based business model,” commented Richard Lungen, managing member of Leverage Health Solutions, the healthcare Venture-Catalyst firm. “Throughout 2019, we have seen Vim deliver material results for healthcare payers, and we are excited to see the company expand in 2020.”

About Vim:

Vim partners with health plans and care providers to deploy a digital provider-network operating system for value-based care. Vim’s platform empowers providers with actionable insights at the point of care, guides patients to top doctors in virtual networks, and rewards care providers for value-driven behavior.

Backed by Sequoia Capital, Great Point Ventures, and Optum Ventures, Vim is headquartered in San Francisco with its main R&D hub in Tel Aviv, Israel. For more information, please visit https://getvim.com/.