Company Research Report: Somatus

Company Overview

Name: Somatus

Mission: The mission of Somatus is to be the world’s best provider of integrated kidney and cardiovascular care. The company is committed to delivering high-quality, whole-person care to individuals living with chronic kidney disease, end-stage renal kidney disease, and other chronic conditions like heart and lung disease, diabetes, hypertension, and asthma.

Founded: Somatus was founded in 2016.

Founders: Ikenna Okezie, MD (Co-Founder and CEO) and Anthony Welters (Co-Founder and Chairman).

Key People in the Company:

• Ikenna Okezie, MD - Co-Founder + CEO

• Rob Ricketts - Chief Financial Officer

• Joe Kimura, MD - Chief Medical Officer

• Alicia Palmer - Chief Legal Officer

• Derek Kung - EVP, Chief of Staff

• Jason Cline - EVP, Operations

• Ken Sipe - EVP, Corporate Affairs

• Various SVPs for different operational areas (see full list above)

Headquarters: 1861 International Drive, Suite 600, McLean, VA 22102

Number of Employees: No information is available.

Revenue: No information is available.

Known For: Somatus is recognized for revolutionizing kidney care through its value-based, patient-focused approach which improves quality of life and reduces healthcare costs. It is the first provider to receive NCQA Accreditation for Health Equity in value-based kidney care management.

Products

Products Offered:

1. RenalIQ®

• A proprietary technology platform that uses AI-driven analytics for managing kidney health.

• Key Features:

• Predictive analytics to identify patients progressing towards kidney failure.

• Real-time data insights and clinical workflows.

• AI-driven telehealth and virtual care applications.

• Executive scorecards and reports for network performance and patient outcomes.

2. Kidney Care Programs

• Offers in-home dialysis services and centers for cost-effective, high-quality care.

• Provides personalized support and health coaching to manage chronic kidney disease and associated comorbid conditions.

Recent Developments

Recent Developments in the Company:

• In October 2024, Somatus now serves over 275,000 patients across all 50 states.

• In August 2024, Somatus became the first value-based kidney care management provider to receive NCQA Accreditation for Health Equity.

• In February 2024, Somatus partnered with Sun Life to provide comprehensive services for late-stage kidney disease and cardiovascular care.

• Somatus has expanded its partnership with the Kidney Care Center and formed a new partnership with Duneland Nephrology in the Greater Northwest Indiana Area as of March 2023.

• In 2022, Somatus enhanced predictive capabilities through the acquisition of Lumiata.

New Products:

• No information is available on new products launched.

New Features Added to Existing Products:

• No specific new features for existing products are mentioned.

New Partnerships:

• Partnered with Sun Life for comprehensive services (February 2024).

• Expanded partnership with Kidney Care Center (March 2023).

• Launched a value-based kidney care partnership with Duneland Nephrology (March 2023).

This report highlights the major aspects and recent activities of Somatus, underscoring its commitment to innovative kidney care solutions and health equity.