HealthVerity

HealthVerity is a technology company that offers a comprehensive platform for synchronizing and exchanging real-world data (RWD) in the healthcare industry. Their solutions enable pharmaceutical companies, government agencies, and insurance providers to access and integrate a wide range of healthcare and consumer data sources, such as electronic health records, medical claims, patient registries, and lab results. This allows them to gain a holistic, longitudinal view of patient journeys, which is crucial for drug development, clinical trials, and various healthcare applications.

HealthVerity's platform is built on the foundational elements of Identity, Privacy, Governance, and Exchange (IPGE). Their Identity Manager technology employs advanced patient matching and identity resolution techniques to establish unique but persistent patient identifiers, ensuring accurate data linkage across disparate sources. Privacy compliance and data governance are integrated into the platform, enabling the secure and compliant exchange of data.

The company boasts the nation's largest healthcare and consumer data ecosystem, trusted by 18 of the top 20 pharmaceutical companies. Their solutions have proven invaluable in accelerating clinical trials, generating real-world evidence, and providing insights into patient outcomes. For instance, during the Covid-19 pandemic, HealthVerity's data synchronization approach enabled a top pharmaceutical company to receive FDA approval for its vaccine in record time by leveraging a comprehensive view of Covid-19 patients.

Key customers and partnerships

HealthVerity's data ecosystem includes partnerships with over 150 healthcare payers, representing commercial, Medicaid, and Medicare plans, as well as collaborations with major clearinghouses for open claims data. In October 2023, the company was selected as the first Preferred Data Partner for Inovalon, the industry's largest primary source de-identified healthcare dataset, further expanding its extensive data coverage.

During the pandemic, the Centers for Disease Control and Prevention (CDC) utilized HealthVerity's Maternal Outcomes Masterset (MOM) to monitor pregnant women who received Covid-19 vaccinations or were diagnosed with the virus. This privacy-protected compendium of nearly 2 million pregnant mothers and their newborns provided invaluable insights into this vulnerable population.

A digital therapeutics company also partnered with HealthVerity to demonstrate the effectiveness of its opioid use disorder product. By integrating their patient data with real-world data, they could show a decrease in hospital visits for patients treated with the digital therapeutic for 24 weeks, providing real-world evidence of its efficacy.