Turquoise Health is the industry's leading healthcare pricing platform, founded in 2020, dedicated to eliminating the financial complexity of healthcare. It serves as a comprehensive data and software solution for providers, payers, employers, and life sciences organizations. The platform aggregates over a trillion records of provider, payer, professional, drug, and device rates to make medical pricing transparent, accessible, and actionable.
Key Product Modules:
- Clear Rates Data: Provides access to a vast database of negotiated rates for competitive benchmarking, market analysis, and strategic pricing decisions.
- Clear Contracts: An AI-powered contract intelligence platform for managed care contracting, supporting contract creation, negotiation, and secure storage, and offering rate benchmarking using a master matrix view.
- Compliance+: A suite of tools to ensure full compliance with US price transparency regulations, including the Hospital Price Transparency Final Rule, Transparency in Coverage Final Rule, and the No Surprises Act. This includes Machine-readable File (MRF) creation and patient estimate tools.
- Instant GFE (Good Faith Estimate): A free, HIPAA-compliant provider workflow tool for frictionless No Surprises Act compliance, allowing for the convening of estimates from multiple co-providers.
- Analytics & Search: Tools for querying, benchmarking, and visualizing market-level rate data, including a consumer-friendly Care Search dashboard for patients to compare costs.
The platform is designed to help organizations turn regulatory compliance from a burden into a strategic advantage, enabling them to optimize pricing strategies, control costs, and improve the patient experience.
