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Third Way Health

10250 Constellation Blvd Suite 2300 Suite 100, Los Angeles, CA, 90067, United States

Overview

Third Way Health (TWH) delivers a hybrid human-and-AI operating solution that handles end-to-end front-office tasks such as scheduling and prior authorization for medical practices, payers, and management service organizations. The company embeds dedicated teams within client workflows, promising implementation in as little as 12 weeks and "white-glove" service. Its platform currently supports practices that collectively serve more than 5 million patients annually and has driven up to 40 % reductions in administrative costs, an 11 % average increase in patient visits, and a 50 % cut in phone wait times. Headquartered in Los Angeles, TWH positions itself as an extension of its customers’ staff, blending targeted automation with experienced personnel. With fresh capital, the firm intends to scale sales and implementation teams, deepen AI capabilities, and broaden its operational footprint. Total funding now stands at $22.5 million, providing runway for continued product investment and market expansion.

Total raised
$17M
Funding rounds
2
Latest round
Series A
Latest activity
Feb 2026

Industries

  • Artificial Intelligence (AI)
  • Health Care
  • Hospital
  • Medical
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Recent funding

  1. Series A

    Feb 2026

    $15M

  2. Seed

    Apr 2023

    $2M

Team