Ribbon Health

Overview
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Hospital Interoperability?
Product stageSegments
Go-to-Market
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EHR/API Integrators
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Ribbon Health offers an API platform that aggregates and curates provider data from thousands of sources using proprietary AI models. This comprehensive dataset covers 99.9% of healthcare providers and facilities in the US and is continuously updated to ensure accuracy. Ribbon Health's platform enables healthcare enterprises to access this provider data, along with information on insurance networks, care costs, and quality metrics, through a seamless API integration.

In March 2024, Ribbon Health launched its Provider Data Platform, a cloud-native SaaS solution that combines its high-quality provider directory with advanced data management capabilities. This first-of-its-kind platform allows healthcare organizations to configure custom data workflows, driving operational efficiency and unlocking business value from provider data. Customers have reported reducing data intake and processing costs by up to 95% and improving data accuracy by up to 90% through the use of Ribbon Health's platform.

Key customers and partnerships

Ribbon Health partners with a wide range of healthcare organizations, including primary care providers, care navigation companies, employee benefits firms, and health insurance plans. Notable customers include HealthAdvocate, Firefly Health, Healthee, and two of the top five national health plans in the US

The company has also established partnerships with other healthcare technology companies to enhance its platform offerings. In June 2022, Ribbon Health announced an integration with Turquoise Health, a leader in price transparency data, to enable healthcare companies to navigate patients to cost-effective, high-quality care by combining provider information with pricing data.

In April 2023, Ribbon Health partnered with MDsave, a platform for transparent and transactable healthcare services. This collaboration allowed care navigators servicing self-funded employers to access MDsave's nationwide network of bundled care options directly through Ribbon Health's platform, facilitating the purchase of cost-effective care for patients.


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:
233 Spring Street Floor 5 New York NY USA
Founded year:
2016
Employees:
101-250
IPO status:
Private
Total funding:
USD 53.8 mn
Last Funding:
USD 43.5 mn (Series B; Nov 2021)
Last valuation:
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