Turquoise Health
A health tech company that simplifies administration to reduce the expense and complexity of healthcare.
| Date | Investors | Amount | Round |
|---|---|---|---|
| N/A | €0.0 | round | |
| investor investor investor investor investor investor investor | €0.0 | round | |
| investor investor investor investor | €0.0 | round | |
* | $30.0m | Series B | |
| Total Funding | 000k | ||
| USD | 2021 | 2023 |
|---|---|---|
| Revenues | 0000 | 0000 |
| EBITDA | 0000 | 0000 |
| Profit | 0000 | 0000 |
| EV | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 |
Source: Dealroom estimates
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Turquoise Health is a digital platform that operates in the healthcare market, primarily serving patients and healthcare providers. The company's primary function is to provide a transparent and user-friendly interface for comparing healthcare costs. This includes a wide range of services such as basic metabolic panels, tonsil removals, and abdominal ultrasounds, among others. The platform allows users to input their insurance information to calculate out-of-pocket costs, making it easier for patients to make informed, cost-conscious decisions about their healthcare.
Turquoise Health operates in various locations, including Wichita, Kingman, and New York, partnering with numerous healthcare centers and insurance providers such as Ascension Via Christi St. Teresa, Kingman Healthcare Center, Aetna of NY, and UnitedHealth Group of NY, among others.
The business model of Turquoise Health is centered around leveraging the law that requires hospitals and health plans to make their prices and charges publicly available. By gathering and displaying these rates, Turquoise Health provides a valuable service to patients, helping them navigate the often complex and opaque world of healthcare pricing.
The company's revenue model is not explicitly stated, but it likely involves partnerships with healthcare providers and insurance companies, possibly earning a commission for referrals or advertising revenue.
Keywords: Healthcare, Transparency, Cost Comparison, Patient Services, Insurance, Digital Platform, Healthcare Providers, Out-of-Pocket Costs, Price Transparency, User-Friendly Interface.