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Rightway

rightwayhealthcare.com

Founded Year

2017

Stage

Series C | Alive

Total Raised

$130M

Valuation

$0000 

Last Raised

$100M | 2 yrs ago

About Rightway

Rightway provides navigation and pharmacy benefits solutions delivered through a consumer-centric app that pairs every member with a live, clinician-led care team.

Headquarters Location

422 West Broadway Suite 3F

New York, New York, 10012,

United States

646-450-8026

ESPs containing Rightway

The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.

EXECUTION STRENGTHMARKET STRENGTHLEADERHIGHFLIEROUTPERFORMERCHALLENGER
Healthcare / Healthcare Payers Tech

Companies in this market help payers manage and members navigate prescription and pharmacy benefits. Most focus on cost reductions and transparency in prescription claims, or help manage potential discount and cost reduction programs run by pharmaceutical companies. Some include member engagement functions, regimen adherence tools, or direct engagement with clinical support.

Rightway named as Leader among 8 other companies, including Capital Rx, Prescryptive Health, and WithMe Health.

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Rightway's Products & Differentiators

    Rightway Care Navigation

    Rightway’s care navigation solution dramatically improves employee healthcare by conquering the major issues caused by healthcare complexity. Every member is paired with a live, clinical guide who provides on-demand, tailored support throughout their care journey. The user-friendly app and team of live, empathetic health guides act as a single point of contact to the healthcare system, delivering benefits education, steerage to high-quality providers, and billing accuracy. This personalized, “doctor in the family” approach drastically improves the member experience, ensuring that members get the highest-quality care at the best price while eliminating wasteful and preventable spend.

Research containing Rightway

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned Rightway in 1 CB Insights research brief, most recently on Oct 14, 2022.

Expert Collections containing Rightway

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Rightway is included in 5 Expert Collections, including Unicorns- Billion Dollar Startups.

U

Unicorns- Billion Dollar Startups

1,201 items

H

Health Plans & Benefits Management

953 items

Companies developing or offering digital platforms and services, including online insurance marketplaces, data analytics for claims adjustment, benefits administration, and payments systems, that help make private health insurance more affordable, navigable, or transparent.

D

Digital Health

13,118 items

Technologies, platforms, and systems that engage consumers for lifestyle, wellness, or health-related purposes; capture, store, or transmit health data; and/or support life science and clinical operations. (DiME, DTA, HealthXL, & NODE.Health)

H

Health IT

2,443 items

This collection includes public and private companies, as well as startups, that market software solutions to healthcare provider organizations.

D

Digital Health 150

150 items

The winners of the third annual CB Insights Digital Health 150.

Latest Rightway News

How 3 enterprise brands are enabling the future of work

Oct 25, 2022

2 minute Read A company’s job is to serve its customers—but who serves companies? Keeping employees satisfied and enthused while also catering to a client base is no easy task. The companies being recognized as Enterprise Brands That Matter 2022 are leaders that help other businesses reach their full potential by creating more efficient and inclusive work environments. advertisement Rightway ensures that a company’s employees have dependable and accessible healthcare; NTT Data provides IT consulting with a side of human interest; and Asana cuts the fat from company workflows to keep staff focused and free to pursue the work that matters most. Rightway Like many companies operating in the healthcare space, Rightway sees the existing system as one rife with misaligned incentives and barriers to care, and is working to change that. The company provides health plan members a “doctor in the family”—a healthcare expert who informs and advocates for them, and its employees focus on helping navigate care and medication through its app. In 2021, Rightway’s clients saw a 15% average reduction in their healthcare costs, while its billing advocacy team saved members $2.6 million in out-of-pocket costs, forging a new path to affordable healthcare through a fractured system. NTT Data Global IT consulting firm NTT recognizes the importance of bringing a human touch to its business, starting from within its own walls. The company has focused on creating an inclusive environment internally to best serve both its employees and its clients. In 2021, it adopted a new DEI statement that prompted progressive initiatives, including incorporating DEI goals into annual performance plans, creating mandatory DEI training for managers, and instituting a Digital Accessibility policy for people with disabilities. NTT’s activism is external, too—its donations to relief in India at the height of the pandemic, humanitarian aid in Ukraine at the start of the war, and annual food drives in Texas exemplify the brand’s dedication to improving human lives beyond a profit margin. advertisement Asana The remote work revolution has made finding a healthy work-life balance trickier than ever, and burnout is a pervasive problem across industries—both issues Asana works to alleviate. The work-management platform helps companies streamline their workflows, freeing up employees, and increasing time for creative and innovative work by almost 80%. In June 2021, the company hosted its Focus and Flow Summit, where leading thinkers discussed ways to unlock positive habits, purpose, and productivity, coinciding with the release of a suite of new features including video messaging and a smart calendar. But Asana doesn’t choose efficiency over fun, either—it recognizes that enjoyment and enthusiasm go hand in hand. The company incorporated unique rewards systems, including “celebration creatures” that fly across the screen when you complete a task, and appreciations built into the product, to keep employee morale high and make any company a better place to work. This article is part of Fast Company’s 2022 Brands That Matter awards. Explore the full list of brands whose success has come from embodying their purpose in a way that resonates with their customers. advertisement

Rightway Web Traffic

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Rightway Frequently Asked Questions (FAQ)

  • When was Rightway founded?

    Rightway was founded in 2017.

  • Where is Rightway's headquarters?

    Rightway's headquarters is located at 422 West Broadway, New York.

  • What is Rightway's latest funding round?

    Rightway's latest funding round is Series C.

  • How much did Rightway raise?

    Rightway raised a total of $130M.

  • Who are the investors of Rightway?

    Investors of Rightway include Thrive Capital, Khosla Ventures, Tiger Global Management and Jonathan Locker.

  • Who are Rightway's competitors?

    Competitors of Rightway include HealthJoy, Rx Savings Solutions, Capital Rx, Waltz Health, Included Health and 7 more.

  • What products does Rightway offer?

    Rightway's products include Rightway Care Navigation and 1 more.

Compare Rightway to Competitors

Buoy Health Logo
Buoy Health

Buoy Health aims at providing personalized clinical support through technology to individuals the moment they have a healthcare concern. Buoy Health removes the fear and complexity that often confronts patients as they enter the system by navigation and engaging patients intelligently. The all-in-one technology is able to deliver triage at scale with transparency and in a way that can be adopted within the healthcare system.

Quantum Health Logo
Quantum Health

Quantum Health is a care coordination and consumer navigation company that aims to deliver an unparalleled consumer experience based on empathy and trust, enabling employers to achieve industry-leading satisfaction rates and independently validated claim savings.

WithMe Health Logo
WithMe Health

WithMe Health is a medication guidance company. Replacing legacy pharmacy benefit managers (PBMs), WithMe uses modern technology and datasets to consistently apply and create engaging, individualized medication experiences for employees.

SmithRx Logo
SmithRx

SmithRx is a pharmacy benefit manager focused on transparency, efficiency and data analytics. The company's proprietary technology infrastructure provides real-time actionable insights that drive cost savings and power clinical services. The company was founded in 2016 and is based in San Francisco, California.

RxResults Logo
RxResults

RxResults is a next-generation Pharmacy Benefits Risk Management company. The company provides clients with a comprehensive suite of sophisticated, informatics-powered, evidence-based clinical tools that meaningfully reduce the cost and improve the quality of their pharmacy benefits for both the payer and their members. The RxResults Suite of Solutions provides seamless integration with a Pharmacy Benefit Manager (PBM) within the framework of current plan design. Its products are available as stand-alone solutions or are easily embedded into an overall solution in branded or private-label versions.

H
Healthee

Healthee develops an AI-powered digital platform that becomes an organization's chief health officer. It provides employees on-the-spot answers to health coverage and benefits questions, helps users find lower-cost providers, and lets them know about relevant preventive care benefits. The company serves HR teams at businesses of all sizes. Healthee was founded in 2019 and is based in New York, New York.

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