Flume Health is a digital insurance platform that automates vendor integrations for self-insured employers, enabling seamless bidirectional data movement between disparate healthcare systems. By utilizing a no-code/low-code approach, Flume reduces integration costs by 80-90% and allows non-technical teams to manage data flows efficiently.
Funding
$40.2M 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
Healthcare payers, TPAs, and solution vendors struggle with disconnected data due to disparate systems, unique file formats, and varying transmission methods. Integrating these systems is complex, time-consuming, and costly, hindering efficient data exchange and informed decision-making.
Solution
Flume Health offers a data integration platform designed for the healthcare payer ecosystem, enabling secure and real-time data interoperability. The platform uses a canonical interop method, allowing payers and vendors to connect to Flume once in their native formats. Flume then handles the translation and bidirectional data movement between sources and destinations automatically. This approach reduces integration costs, accelerates integration timelines, and allows non-technical teams to manage data flows efficiently through a no-code/low-code interface.
Target Audience
Flume Health primarily serves health plans, TPAs, and solution vendors seeking to streamline data exchange, reduce administrative burdens, and improve data-driven decision-making.
Features
- Bidirectional mapping and transformation to connect multiple data sources and destinations, including eligibility, medical claims, engagement data, and pharmacy claims.
- Pre-built connectors for instant connectivity to various healthcare systems.
- Real-time observability dashboard for monitoring the health and status of data trading operations.
- Workflow automation to schedule jobs based on specific requirements or events.
- Custom business objects to simplify the onboarding process for new groups, plans, and products.
- Configurable transmission and file types to work with each endpoint's native standards, including PSV, CSV, TSV, SFTP, API, and event streams.
- Customer-controlled data storage, retaining data only as long as necessary to complete a trading job.