About Turquoise Health
Turquoise Health operates a digital platform that helps patients and healthcare providers compare healthcare costs transparently. Users can input their insurance details to see out-of-pocket expenses for various services, such as metabolic panels and ultrasounds, making it easier to make informed healthcare decisions. The platform collaborates with healthcare centers and insurance providers across locations like Wichita, Kingman, and New York, utilizing a law that mandates hospitals to disclose their pricing. This approach sets Turquoise Health apart from competitors by focusing on price transparency in healthcare. The goal is to simplify the healthcare pricing process for patients, enabling them to navigate costs more effectively.
San Diego, CaliforniaHeadquarters
2020Year Founded
$53.8MTotal Funding
SERIES_BCompany Stage
HealthcareIndustries
51-200Employees
Benefits
Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
Disability Insurance
Unlimited Paid Time Off
401(k) Retirement Plan
401(k) Company Match
Remote Work Options
Flexible Work Hours
Home Office Stipend
Phone/Internet Stipend
Professional Development Budget
Parental Leave
Risks
Low hospital compliance with transparency rules threatens Turquoise Health's business model.
Rising hospital costs may affect Turquoise Health's cost comparison accuracy.
Ongoing inflation in healthcare costs challenges Turquoise Health's competitive pricing information.
Differentiation
Turquoise Health offers a unique marketplace connecting patients, providers, and payers.
The platform provides real-time hospital compliance tracking with price transparency rules.
Turquoise Health's Instant Good Faith Estimates serve self-pay and uninsured patients effectively.
Upsides
Increased demand for price transparency tools boosts Turquoise Health's market potential.
$30 million Series B investment supports platform expansion and enhancement.
Rising healthcare costs drive consumers to seek cost comparison tools like Turquoise Health.
Funding
Total raised$53.79 M
Latest valuation$150.00 M
StageSERIES_B
SERIES B
12/31/2023$30
$150.00 MSERIES A
4/30/2022$20
$100.00 M