HealthCorum utilizes health data analytics to generate objective quality scores that enable risk-bearing organizations to identify high-value care providers across the United States. By integrating these scores with price transparency data, HealthCorum enhances provider selection and referral optimization, ultimately improving patient outcomes and care coordination.
Funding
$2.6M 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.
NEFounders
Product
Problem
Risk-bearing healthcare organizations lack objective methods to identify high-value care providers, hindering effective network development and referral optimization. Incomplete provider data and a lack of quality metrics make it difficult to ensure patients receive appropriate, cost-effective care.
Solution
HealthCorum provides health data analytics solutions that generate objective quality scores for care providers across the United States. By integrating these scores with price transparency data, HealthCorum enables risk-bearing organizations to enhance provider selection, optimize referral patterns, and improve care coordination. The platform offers comprehensive coverage across all 50 states and encompasses Commercial, Medicare, Medicare Advantage, and Medicaid populations. HealthCorum's data-driven insights help mitigate low-value specialty care and network leakage, ultimately improving patient outcomes.
Target Audience
HealthCorum's primary customers are risk-bearing healthcare organizations, including payers, providers, and integrated delivery networks, seeking to improve provider selection and referral optimization.
Features
- Provider Quality Scores: Objective, data-driven assessments of provider performance.
- Price Transparency Integration: Combines quality scores with cost data for informed decision-making.
- Network Development & Optimization: Identifies high-value providers to strengthen network strategy.
- Referral Pattern Analysis: Identifies and addresses referral patterns to mitigate low-value care.
- Market Intelligence: Assesses market conditions and opportunities across various populations.
- Data Coverage: Comprehensive data across all 50 states, including Commercial, Medicare, Medicare Advantage, and Medicaid populations.