Avaneer Health

Overview
News
Hospital Interoperability?
Product stageSegments
Early
?
Data Interoperability Platform
?

Avaneer Health is a secure digital network and platform designed for the healthcare industry. In March 2023, the company launched the Avaneer Network which is a private, peer-to-peer network that enables participants to collaborate and share real-time data, streamlining healthcare administration. This first-of-its-kind network aims to solve longstanding industry challenges such as fragmented data silos, numerous point-to-point connections, technology debt, incomplete information, and manual processes.

The decentralized network seeks to protect against data breaches with an immutable audit trail, ensuring data remains under the control of its originator. Participants can subscribe to and launch innovative solutions in collaboration with payers and providers, fostering joint processes that are more efficient and effective. The streamlined processes expedite care delivery, resulting in better patient experiences and reduced administrative burden for stakeholders.

Avaneer Health facilitates access to updated data for transparency and interoperability through its decentralized network. In November 2022, the company obtained SOC two Type one certification, demonstrating its commitment to security, availability, and processing integrity. The network will soon include a real-time adjudication application to expedite and improve the accuracy of healthcare claims submission and adjudication.

Key customers and partnerships

CVS Health, Cleveland Clinic, Elevance Health, and Sentara healthcare were among the first healthcare organizations to connect to the Avaneer Network.


Sources

Disclaimer: This company profile has been generated using data obtained through automated web searches and advanced generative AI technology. While we strive to ensure the accuracy and reliability of our sources, auto-generated information could be outdated or inaccurate and should be verified independently.
HQ location:
222 Merchandise Mart Plaza Suite 1230 Chicago IL USA
Founded year:
2020
Employees:
51-100
IPO status:
Private
Total funding:
USD 50.0 mn
Last Funding:
USD 50.0 mn (Seed; Jan 2022)
Last valuation:
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Key competitors
 
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