Handl Health
About Handl Health
Handl Health is an AI platform that utilizes proprietary models to analyze publicly available healthcare pricing data, enabling benefits consultants to evaluate carrier networks and provider costs effectively. By identifying potential savings and disruption risks, Handl Health enhances the design and management of health plans, resulting in significant cost reductions for clients.
```xml <problem> Benefits consultants often struggle to effectively evaluate healthcare carrier networks and provider costs due to the complexity and lack of transparency in healthcare pricing data. Relying solely on carrier-provided discounts can limit the ability to identify true savings opportunities and potential disruption risks when switching plans. </problem> <solution> Handl Health offers an AI-powered platform that analyzes publicly available healthcare pricing data, providing benefits consultants with comprehensive network analytics. The platform, named Iris, allows users to evaluate networks using contracted rates and understand the potential disruption risk associated with changing client plans. By identifying variations in healthcare costs and high-performing providers, Handl Health enables consultants to design plans that drive cost savings and improve member outcomes. The platform also facilitates the integration of these insights into member tools, guiding individuals toward cost-effective care options. </solution> <features> - Comprehensive data analytics tool (Iris) for evaluating healthcare networks using contracted rates. - Identification of cost variations across and within networks. - AI models for cleaning and organizing publicly available healthcare price transparency data at scale. - Three-step validation process to ensure data reliability, including matching multiple datasets, comparing rates against industry benchmarks, and reconciling with claims data. - Integration with member tools to guide individuals toward high-performing, cost-effective providers. </features> <target_audience> Handl Health primarily targets benefits consultants seeking to gain and convert more leads, enhance client retention, and achieve cost savings objectives for their clients' health plans. </target_audience> <revenue_model> Handl Health generates revenue by providing access to its data analytics platform, Iris, on a subscription basis. </revenue_model> ```
What does Handl Health do?
Handl Health is an AI platform that utilizes proprietary models to analyze publicly available healthcare pricing data, enabling benefits consultants to evaluate carrier networks and provider costs effectively. By identifying potential savings and disruption risks, Handl Health enhances the design and management of health plans, resulting in significant cost reductions for clients.
Where is Handl Health located?
Handl Health is based in Los Angeles, United States.
When was Handl Health founded?
Handl Health was founded in 2022.
How much funding has Handl Health raised?
Handl Health has raised 4620000.
- Location
- Los Angeles, United States
- Founded
- 2022
- Funding
- 4620000
- Employees
- 15 employees
- Major Investors
- Techstars, Plug and Play, Everywhere Ventures, Innovation Works, AlphaLab Health