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Delta Dental of California announces investment in OFFOR Health Series A funding round


Delta Dental of California today announced it is participating in OFFOR Health’s Series A funding round led by AXA Venture Partners, alongside SpringRock Ventures, LOUD Capital and MBX Capital, for a collective investment of $9 million.

OFFOR Health’s first service line is SmileMD, an innovative oral health offering that provides dental practices with turnkey in-office anesthesia and clinical staff who administer an operating room-quality experience. Without support for anesthesia and care coordination, dental offices are often forced to send patients to hospitals to receive care which can result in long-distance travel, increased cost and longer wait times to receive treatment. Over the past few years, SmileMD’s services have had a significant impact on patients’ lives, saving more than 45,000 months of wait time – which reduced progression of disease and unnecessary emergency room and urgent care visits – and over 600,000 miles in travel for patients.

“Delta Dental is committed to accelerating innovation that benefits its members, customers and providers, whether that’s bringing new and value-added products to the market or strategically investing in companies poised to transform care delivery,” said Delta Dental of California’s Executive Vice President and Chief Growth Officer, Kevin Jackson. “Through the service SmileMD offers to dental practices, our investment supports an emerging business that seeks to dramatically improve convenience and access to timely care for patients, minimize cost, and increase workplace productivity for employers.”

“We’ve been on this mission since 2014, but during the pandemic we saw a drastic spike in pediatric operation wait times,” said OFFOR Health CEO Saket Agrawal. “Tech-enabled delivery of care is an area we are seeing innovation in across the healthcare industry, but we believe that we are doing work that can truly have an impact. By saving time, money, and resources for patients, providers, and payers, we are seizing the chance to improve the quality of healthcare for people nationwide. Through our care delivery platform that combines clinical care, logistics, and technology, we’ve proven that our model works and that when you connect providers directly with patient need, you can achieve amazing results. We are excited to see the impact we can drive with our new service line offerings tackling issues from sleep to chronic disease from this new round of funding.”

Delta Dental is a licensed trademark of Delta Dental Plans Association (“DDPA”). DDPA does not endorse or sponsor this product.

Sobre Delta Dental of California

Sobre Delta Dental of California

Desde 1955, Delta Dental of California ofrece una cobertura de atención de la salud bucal integral y de alta calidad a millones de miembros, y ha construido la red más sólida de proveedores dentales del país. La empresa Delta Dental of California incluye a sus compañías afiliadas, Delta Dental Insurance Company, Delta Dental of Pennsylvania, Delta Dental of New York, Inc., así como la red nacional de DeltaCare USA, y proporciona beneficios dentales a más de 39 millones de personas en 15 estados y el District of Columbia*. Todos son miembros de la Asociación de Planes de Delta Dental, con sede en Oak Brook, Illinois, la asociación nacional sin fines de lucro que, a través de una red nacional de compañías de Delta Dental, colectivamente cubre a millones de personas en todo el país. Para obtener más información acerca de Delta Dental of California, visite www.deltadentalins.com

*Las áreas operativas de Delta Dental of California abarcan Alabama, California, Delaware, Florida, Georgia, Louisiana, Maryland, Mississippi, Montana, Nevada, New York, Pennsylvania, Texas, Utah, West Virginia y District of Columbia.

Noticias

Todas las actualizaciones sobre Delta Dental y lo que estamos haciendo para ayudar nuestras comunidades y construir el futuro de un cuidado de la salud centrado en el cliente.

 

Relaciones con los medios de comunicación

Para consultas de los medios de comunicación, contáctenos por correo electrónico aquí.

Para consultas de Servicio al Cliente y de otro tipo, visite la página Contáctenos.

Informe de impacto social

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