MEDIUMOutside partyCustomer
limited number of customers and channel partners
“10-K Item 1A: 'A substantial portion of our sales comes from or through a limited number of customers and channel partners that operate as resellers.'”
OMDA · Concentration risk · 10-K extracted
Omada Health (OMDA) concentration risks
Updated
The most significant concentration Omada Health discloses is limited number of customers and channel partners, classified MEDIUM by disclosed size. Below: the full set from the latest 10-K — verbatim quotes, filing references, and a synthesis of what these exposures mean together.
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.
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Source: Omada Health’s SEC Form 10-K filed — view the filing on SEC EDGAR ↗
At a glance
Disclosed-size breakdown · 2 disclosed concentrations
HIGH0
MEDIUM2
LOW0
Disclosed concentrations
Each card carries a disclosed-size chip (HIGH / MEDIUM / LOW — how large the exposure is as a share of revenue, not how dangerous it is) and a nature tag: Built-in(the company’s own model, geography, or products) or Outside party (an external customer, supplier, or distributor it relies on).
MEDIUMOutside partySupplier
limited number of third-party suppliers
“10-K Item 1A: 'We depend on a limited number of third-party suppliers for certain devices and other supplies that we deliver to members in connection with our programs'”
TrendMatrix Research · concentration synthesis
What these concentrations mean together
updated 2026-07-06Omada Health's business model carries two related, moderate dependencies rather than one dominant exposure. A substantial portion of sales flows through a limited number of customers and channel partners that operate as resellers, meaning revenue realization depends on the health of these reseller relationships as much as on end-member demand. On the input side, the company also depends on a limited number of third-party suppliers for the devices and other supplies it delivers to members in its programs, a comparable moderate-scale dependency on the supply chain that keeps programs running. Both exposures are dependency risks rather than structural features of a diversified business, and both point to the same underlying vulnerability: a disruption to a key channel partner or device supplier could affect program delivery or revenue recognition in a way that would be difficult to immediately replace. Because neither concentration is described as a dominant, high-scale exposure, these look like manageable but real operational risks to track rather than an existential threat to the business model itself.
For the engine’s reasoning on OMDA’s current verdict — including which dimensions drove the score — see the per-dimension breakdown.
Industry peers · Health Information Services
Peer concentration profile
| Symbol | Name | HIGH | MEDIUM | LOW | Total |
|---|---|---|---|---|---|
| BTSG | BrightSpring Health Services, I | 0 | 2 | 0 | 2 |
| OMDA● | Omada Health, Inc. | 0 | 2 | 0 | 2 |
| EVH | Evolent Health, Inc | 0 | 1 | 3 | 4 |
| CTEV | Claritev Corporation | 0 | 1 | 1 | 2 |
| DOCS | Doximity, Inc. | 0 | 1 | 1 | 2 |
| CERT | Certara, Inc. | 0 | 0 | 0 | 0 |
Concentration counts reflect items disclosed in each peer’s most recent 10-K; disclosed-size classification uses TrendMatrix’s internal 10-K extraction taxonomy.