Michelle Carnahan – The Health Care Blog https://thehealthcareblog.com Everything you always wanted to know about the Health Care system. But were afraid to ask. Tue, 13 Dec 2022 01:33:53 +0000 en-US hourly 1 https://wordpress.org/?v=6.3.4 HLTH 2022: Thirty Madison and The Expanding Definition of Women’s Health – and Its Revenue Model! https://thehealthcareblog.com/blog/2022/12/13/hlth-2022-thirty-madison-and-the-expanding-definition-of-womens-health-and-its-revenue-model/ Tue, 13 Dec 2022 13:30:00 +0000 https://thehealthcareblog.com/?p=106454 Continue reading...]]> By JESSICA DAMASSA, WTF HEALTH

The definition of women’s health keeps expanding beyond sexual and reproductive health (finally!) and among those leading the way toward more holistic health for women is virtual pharmacy startup, Thirty Madison, which acquired “Uber-for-birth control” biz, Nurx, at the beginning of this year.

Thirty Madison’s President Michelle Carnahan gives us an update on the integration of the two companies around women’s health, and talks about Thirty Madison’s brand-new mental health offering which will address “mild to moderate” mental health care needs including medication management.

More interesting for those interested in the business of health tech, however, is how Thirty Madison’s business model is starting to evolve from its direct-to-consumer beginnings. Michelle says that just a year ago, 95% of revenue was generated from their D2C efforts. Now, it’s more of a 70/30 split, with enterprise earnings coming in through a variety of mechanisms including accepting insurance on their site, partnering with PBMs, and some special partnerships with incumbents like UnitedHealthcare and CVS Health. Interesting evolution AND interesting partners there…watch to hear more!

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