Healthentic, an analytics company that easily identifies health savings for employers has earned validation from Intel-GE Care Innovations and the Validation Institute. The validation makes Healthentic the first and only company to be validated in the health analytics category by the CI Validation Institute.
Healthentic’s database holds de-identified claims information on the lives of almost 40 million individuals, and its unique data analytics provides employers with valuable insights to encourage improved employee health and drive down health care costs for their organizations.
From identifying the cost savings of avoidable emergency room visits toquantifying the value of a simple flu vaccination, Healthentic consistently delivers health and financial value to its clients. Healthentic counts more than 10,800 corporate clients spanning an array of industries, including hospitals, banks, manufacturers, sporting goods companies, hotels, insurance companies, and health and benefits consultants. On average, Healthentic finds $180,000 in annual savings opportunities for every 1,000 people covered on en employer’s health plan.
Specifically, Healthentic groups resources to be consistent with the Validation Institute, Disease Management Purchasing Consortium, Agency for Health Research and Quality, United States Preventive Services Task Force, and others, in order to do easy comparisons of actionable data.
Since its inception, the CI Validation Institute has provided evaluations of organizations involved in population health. By ensuring everyone adheres to the highest standards and competes on the basis of integrity and performance,businesses can evaluate their options with confidence and make the best decisions possible.
The company recently raised $3.75 million in its latest equity financing round to drive continued product innovation and go-to-market efforts. To date, the company has raised almost $20 million in funding.