Rightway Healthcare Secures $8 Million Series A Funding to Develop Patient Healthcare Navigation Platform

On February 28, 2019, VCBeat (WeChat Official Account: vcbeat) learned that Rightway Healthcare, a U.S. enterprise healthcare platform, had completed an $8 million Series A financing round. Investors in this round included both new and existing backers, among them several strategically significant family offices. Additionally, investor Jonathan Locker, who participated in the financing, has joined Rightway’s Board of Directors.

Rightway Healthcare, an innovative healthcare platform co-founded by Jordan Feldman and Dr. Ted Feldman in 2017, partners directly with enterprises to alleviate the burden on human resources departments by guiding employees through the healthcare process. By combining cutting-edge technology with professional healthcare experts, Rightway Healthcare provides employers and their employees with a high-quality, low-cost healthcare ecosystem. The company will use the proceeds from this financing round to expand its sales team, enhance its product offerings, and enter new markets.

After partnering with enterprises, Rightway Healthcare assigns each employee a personalized Rightway Navigator to provide resource support and information at every stage of care. The Navigators focus on building relationships and trust with members to optimize their health outcomes. Members can access their Navigators via phone, text message, email, or the mobile app. The Rightway app centralizes all the resources and tools members need as healthcare consumers. It offers telehealth services, medical billing assistance, prescription pricing tools, educational materials from Mayo Clinic, and price transparency for services and procedures. Members can connect with their Navigators at any time.

Rightway Navigator serves as members’ “family doctor,” matching them with the best physicians and healthcare institutions, answering their questions, and developing comprehensive care plans. Rightway Navigator follows members throughout their entire medical journey from a diagnostic perspective, providing preparation support for clinical visits. Rightway enhances healthcare transparency for members, helping them understand and optimize their total healthcare spending, while offering guidance on medical billing and benefit policies.

Jordan Feldman, CEO of Rightway, stated: “Rightway curates solutions tailored to employee needs, helping employers streamline healthcare services through a combination of high-tech and high-touch support. Our goal is to reshape the healthcare landscape by delivering advanced technology and exceptional service, thereby driving better outcomes, higher user satisfaction, and lower costs. The company’s potential is evident in our strong appeal to employers and the testimonials from our members. We will expand our impact by leveraging additional resources.”

Jonathan Locker added, “I see the Jordan team’s strong vision and robust execution; they have improved patient outcomes, reduced employer costs, and delivered a uniquely valuable business proposition for enterprises.”