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Form Health Raises $12M to Expand Obesity Telemedicine Platform

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June 21, 2021

What You Should Know:

– Form Health, a pioneer in the emerging field of obesity telemedicine, announced $12M in Series A funding led by M13 with participation from SignalFire and NextView Ventures.

– Form Health is specifically aiming to help chronically ill patients with obesity with a science-backed, personalized program combining virtual care from board-certified physicians with FDA-approved medications. By accepting most insurance and offering its services exclusively via telehealth.

– Form Health was founded by Evan Richardson, a member of the founding management team at Grand Rounds, the leading patient-centric virtual care platform, and an early employee of Castlight Health. The company’s Chief Medical Officer, Dr. Florencia Halperin, is a Harvard Medical School-trained endocrinologist who co-founded and co-directed the Center for Weight Management and Metabolic Surgery at Brigham and Women’s Hospital.

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Form Health created an approach designed to support patients’ weight loss goals at every step of the process. Studies show that frequent touchpoints with clinicians contribute to weight loss and overall improved health. Form Health employs a staff of board-certified physicians and registered dietitians trained in obesity management. Each patient is paired with a physician and dietitian team for frequent check-ins that incorporate medical guidance and behavioral, nutrition, and activity changes for lasting weight loss and improved health. Overall, Form Health patients lose up to 15% of their body weight at three months and up to 20% at six months.

Pricing & Availability

Form Health is currently available in 21 states across the US including CA, IL, NY, PA, TX, and VA. After an initial consultation, the monthly program costs $99 and Form doctor visits may be covered by Aetna, Anthem, Blue Cross Blue Shield, Cigna, Humana, UnitedHealthcare, and others at little or no cost.

Source: Hitconsultan

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