RMDY Health
Digital Therapeutics for the Health and Wellness Industry
Company Overview
Snapshot
Founded in December 1999 by Elad Levran and Amir Kishon, RMDY Health operates with 11–50 employees. The company raised $1.4M across one funding round and was acquired by OptimizeRx Corporation in September 2019.
Business overview
RMDY Health specializes in providing turnkey digital therapeutic solutions for the health and wellness industries. The company offers a SaaS-based, enterprise-level patient-engagement platform that enables businesses to create white-label digital health programs. These programs are designed to connect with patients, drive engagement, and improve health outcomes through personal health applications, coaching frameworks, social interactivity, and personalized content. RMDY Health's flexible solutions support various clinical and therapeutic goals, including prevention, adherence, weight loss, condition management, and lifestyle modification, serving markets such as digital health startups, pharmaceutical companies, and healthcare providers in the Health Tech & Life Sciences sector.
Strategic signal
The acquisition of RMDY Health by OptimizeRx Corporation in September 2019 marked a significant strategic move, integrating RMDY's digital therapeutic capabilities into a larger healthcare ecosystem. This event signals a market trend towards consolidation in digital health, where established players are acquiring innovative technology platforms to enhance patient engagement and expand their service offerings, providing a clear exit for investors and validating RMDY Health's platform.
Company Intelligence Q&A
- When was RMDY Health acquired?
- RMDY Health was acquired by OptimizeRx Corporation in September 2019.
- Who founded RMDY Health?
- RMDY Health was founded by Elad Levran and Amir Kishon.
- What is RMDY Health's primary business model?
- RMDY Health operates with B2B and B2B2C business models, providing digital therapeutic solutions to other businesses and enabling them to reach end-users.
- What kind of platform does RMDY Health offer?
- RMDY Health offers a SaaS-based, enterprise-level patient-engagement system that includes personal health applications, a coaching framework, social interactivity, and personalized content.
- Which companies use RMDY Health's solutions?
- RMDY Health's solutions are utilized by various companies including Medtronic, Methodist, IBM/Phytel, Rite Aid, Vitality, American Heart Association, Premera, and VillageCare.