Self-insured employers often lack transparency into healthcare pricing, leading to unpredictable costs and difficulty in managing employee healthcare benefits. Providers also lack insight into the employer plans and patient communities they serve, hindering effective negotiation and care coordination. Traditional healthcare models involve multiple intermediaries, resulting in increased overhead and transactional risks for patients, plans, and providers.

The Coral Platform is a centralized direct contract marketplace designed to connect self-insured employers with healthcare providers and payers, promoting pricing transparency and efficient care delivery. The platform enables employers to directly contract with high-quality providers, offering bundled pricing and eliminating intermediaries. Providers gain access to a broader network of employers and patients, streamlining referrals and payment processes. The Coral ecosystem facilitates communication and care management, allowing for better coordination between providers, employers, TPAs, and care management companies.

Direct contracting capabilities for employers to engage with providers

Bundled pricing programs for medical services

Private marketplace creation for customized healthcare solutions

Referral management and care coordination tools

Communication platform for secure messaging between stakeholders

Streamlined invoicing and payment processing

Integration with TPAs and care navigation services

White-label mobile app for patient engagement

HIPAA and SOC 3 compliance

The primary target audience includes self-insured employers seeking cost-effective healthcare solutions, healthcare providers looking to expand their network and streamline administrative processes, and third-party administrators aiming to enhance care coordination and reduce costs.