Thyme Care Raises $97M to Expand Value-Based Cancer Care

Reimagining Cancer⁤ Care: How Integrated Infrastructure and AI are⁢ Transforming Patient Outcomes at Thyme Care

For decades, the cancer care system has been fragmented and, frankly, not built wiht the patient experience at its core.At Thyme Care, founded in 2020, we’re changing that. We’re building an integrated oncology infrastructure designed to⁤ reduce friction, improve outcomes, and create a more⁢ sustainable system – all through ⁢a commitment ⁣to aligned incentives and close partnerships with‍ oncologists and payers.

Our approach isn’t just about ⁤technology; it’s about‍ fundamentally rethinking how cancer care is delivered. We currently collaborate with over 1,000 oncologists nationwide, working to⁤ address the ‍systemic challenges that impact both patients and providers.

The Core of Our Model: Integrated Care⁢ & Shared Accountability

The traditional cancer journey is ⁣frequently enough riddled with administrative hurdles and disconnected services. Thyme Care addresses this by streamlining processes and fostering collaboration. We believe the best care for patients is ⁤ the most sustainable care for the system, and that’s the ⁤principle guiding our work.

Specifically, we focus on:

* Reducing administrative burden: Freeing up valuable time for clinicians‍ to focus on patient care.
* Optimizing treatment decisions: Supporting the selection of higher-value, evidence-based therapies.
* Seamlessly integrating supportive services: Connecting patients with crucial resources like palliative ⁢care and survivorship programs.

For patients, ‍this translates to earlier interventions, fewer delays in treatment, and consistent support throughout their entire cancer journey.

AI: ⁤The Engine Driving Scalable, High-Quality Care

Artificial‍ intelligence isn’t a future aspiration at Thyme Care – it’s a present-day reality. AI⁣ is deeply woven⁤ into our model, acting as a critical accelerant for growth and enabling us to scale high-quality care effectively.

We leverage AI to:

* Automate documentation: Reducing the administrative load on care teams.
* Surface real-time ⁤insights: ⁤ Providing clinicians⁢ with actionable data at ⁤the point of care.
* Synthesize complex patient‍ data: Creating a holistic view⁤ of each patient’s needs.

This allows providers to focus on what matters most:⁣ the⁣ people in⁤ their ⁣care, not the paperwork.

measurable Results: Transforming⁣ Cost, Outcomes, and Efficiency

We don’t⁤ just believe our model works – we have the data to prove it.Thyme care’s integrated approach is delivering ‍systemic transformation across three key areas:

1. Avoiding Costly Complications – and Improving Patient Wellbeing

Early intervention and proactive symptom management are crucial. ‍By addressing issues ‍like pain and nausea promptly, we help patients avoid needless and⁣ expensive hospital visits. ⁤Our data shows that members utilizing our electronic patient-reported outcome (ePRO) surveys experienced a 40% reduction in emergency room visits and a 19% decrease in hospital admissions.This translates to important cost savings for the healthcare system and allows providers to focus on delivering the highest-value care.

2. Enhancing the Patient Experience -‍ Building Trust and Engagement

Cancer care should be compassionate and supportive. Our purpose-built technology, ⁢combined with dedicated care teams – including doctors, nurses, and social workers – creates a more human-centered‍ experience. An notable 90% of⁤ our members report feeling more supported throughout their journey. This trust fosters high engagement,⁢ with 72% of members proactively sharing updates through ePROs – nearly double the industry⁢ average.

3.Reducing provider Burden – Empowering⁢ Oncologists

We understand the immense pressure on oncology practices. Thyme Care alleviates this burden by taking on time-consuming administrative and care coordination tasks. One of ⁣our partner practices saved nearly 2,000 staff hours in a single year, freeing⁤ up providers to focus on delivering hands-on, high-quality care.

Looking⁢ Ahead: scaling‍ Impact and ⁣Breaking⁤ Down Barriers

“The system was not designed for people with cancer, and to frequently enough patients fall ⁢through the cracks,” says Robin Shah, CEO and Co-Founder of Thyme Care. “My co-founder, Dr.Bobby Green, and I have seen this firsthand, both at the bedside⁢ and while building national infrastructures at Flatiron Health and OneOncology. We founded Thyme Care to change that.”

Our next chapter is focused on scaling our proven model and ⁣tackling the remaining barriers⁤ that make cancer care unnecessarily difficult. We’re committed ⁣to continuous⁤ innovation and collaboration, driven by our unwavering belief that everyone deserves ⁣access to compassionate, effective,⁣ and integrated cancer care

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