Socially Determined is a social risk and healthcare analytics company, focused on addressing the Social Determinants of Health (SDOH), which are conditions that affect a range of health risks and outcomes. SDOH has five key domains covering economic stability, healthcare and quality, social and community context, neighborhood and built environment, as well as education access and quality. It uses advanced analytics, proprietary algorithms, and machine learning models to quantify SDOH risk. The company’s SocialScape platform provides healthcare organizations with actionable insights into social risk dynamics and their impact on business performance, healthcare costs, utilization, and health outcomes. The company also offers advisory services to support investments and interventions . It claims to be the industry’s first Social Risk Intelligence platform.
The SocialScape platform creates risk profiles of individuals, populations, and communities by aggregating publicly available data from federal, state, and local sources. Additionally, it provides clinical, financial, and commercial data from vendors about communities, businesses, and individuals. It calculates risk scores for each risk domain under SDOH and each person, providing insights into communities at higher risk.
Key customers and partnerships
The company’s B2B model includes partnerships with hospitals, health plans, life science companies, and foundations. Notable customers include 3M, CVS Health, Priority Health, and Aetna. As of June 2021, the company had almost 25 clients.
In May 2024, it partnered with Uber Health to allow payers and providers to identify, engage, and assist vulnerable individuals.
Funding and financials
In June 2022, Socially Determined raised USD 26 million in a Series B funding round led by Questa Capital. This round was earmarked for hiring staff across, expanding its client base, attending conferences, increasing marketing spending, and building out its platform.
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