Apaly operates a B2B healthcare marketplace that connects third-party administrators, brokers, self-funded employers, and direct primary care providers on a centralized platform, streamlining the contracting and management of healthcare services. This platform addresses fragmentation in healthcare by enabling direct relationships and efficient transactions, allowing providers to access a large employer market and simplifying claims processing for vendors.
Funding
$1.5M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
The healthcare industry faces challenges related to fragmentation, making it difficult for third-party administrators (TPAs), brokers, self-funded employers, and direct primary care (DPC) providers to efficiently connect and manage healthcare services. This fragmentation leads to inefficiencies in contracting, claims processing, and overall healthcare management.
Solution
Apaly offers a B2B healthcare marketplace that centralizes the connection and management of healthcare services for TPAs, brokers, self-funded employers, and DPC providers. The platform facilitates direct relationships and streamlined transactions, enabling providers to access a large employer market and simplifying claims processing for vendors. Apaly's digital marketplace allows TPAs and carriers to directly contract with doctors and healthcare providers, create virtual networks (VNets) of providers, and access point solution vendor services. The platform also supports digital invoicing, converting vendor charges into claims that can be auto-adjudicated and paid through standard processes, and offers data integration solutions to simplify data exchange between trading partners.
Target Audience
Apaly's primary customers include third-party administrators (TPAs), brokers, self-funded employers, direct primary care (DPC) providers, and point solution vendors seeking to streamline healthcare contracting and management.
Features
- Digital marketplace for direct contracts, virtual networks (VNets), and point solutions
- Virtual Network (VNet) creation and monetization tools for TPAs and carriers
- Direct contracting capabilities between TPAs/carriers and healthcare providers
- Vendor management hub for organized point solution selection and management
- Digital invoicing to convert vendor charges into claims for auto-adjudication
- Data integration and governance solutions for simplified data exchange
- Tools for DPCs to participate in VNets and subscription-based care models