What You Should Know:
– Tuva Health, the world’s first open-source healthcare data transformation platform, today announced it has partnered with MultiCare Connected Care (MCC), MultiCare Health System’s accountable care organization, to build, operate, and manage MCC’s enterprise healthcare data platform.
– In addition, MultiCare Capital Partners, the strategic investment arm of MultiCare, has invested in Tuva Health to further support the development of its open-source data model. This makes Tuva Health the first open-source data platform company to be backed by a health system and brings its total funding raised to $6 million.
Tuva Health and MultiCare Collaborate to Transform Healthcare Data Analytics
Tuva Health, a leader in open-source healthcare analytics, has partnered with MultiCare Capital Partners (MCC) to enhance data-driven decision-making in healthcare. This collaboration will enable MCC to analyze and derive insights from the claims and clinical data of its more than 375,000 patients across Washington state, accelerating and improving care decisions. The partnership reflects a growing industry shift toward greater data ownership, transparency, and flexibility.
Tuva Health was founded on the belief that healthcare analytics should be open, accessible, and transparent. Using an open-source data model, the company empowers healthcare providers, payers, life sciences companies, and research institutions with efficient and effective data management. Co-founded by former senior executives from Health Catalyst and Strive Health, Aaron Neiderhiser and Coco Zuloaga, Tuva Health seeks to establish an open standard for healthcare data transformation, unlocking the full potential of data to improve patient care.
By leveraging Tuva Health’s fully managed data platform, MCC’s internal data team gains the flexibility to customize the platform to meet its specific needs. Key benefits of this approach include:
· Full control over the data platform, eliminating reliance on restrictive vendors
· 90% reduction in implementation costs compared to traditional solutions
· Access to a free library of open-source algorithms and terminology sets, saving $500,000 or more annually
· Enhanced governance, security, and risk management for healthcare organizations
“At any health system, clinical data tells a compelling story about patient care and service quality,” said Jack Gomer, Principal of MultiCare Capital Partners. “Our goal is to support innovative platforms that enhance community value and drive meaningful industry change. Tuva Health’s approach has the potential to revolutionize healthcare analytics and uncover new opportunities for improving care.”
Tuva Health’s expansion follows its emergence from stealth last year with $5 million in funding from Virtue, Box Group, Y Combinator, and other notable health tech investors. The company now boasts a network of more than 30 partners, including industry leaders such as Oscar Health and CareAbout Health. Through strategic collaborations, Tuva Health continues to advance its mission of accelerating high-quality healthcare analytics for organizations across the industry.
