Twine Health raising $1.5M and CEO shares lessons learned as it ends work with ACOs for now
Summary
John Moore, Twine Health CEO, talked about the changes in the business with MedCity News over the phone from its Boston offices. “We have learned from those lessons and have raised this money to double down on where the most innovative healthcare is happening.” The company has closed the first tranche of what will be a $1.5 million Series A1 round, fueled by existing investors. Twine’s health coaching program is geared to employees who participate in annual biometric screenings for hypertension, obesity, diabetes and back pain. Moore noted that after working with St Luke’s for six weeks the health system’s enrollment numbers already exceeded those from last year. He noted that Twine’s program also allows employees to create their own action plan for their personal goals, independent of health coaching.
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