Brand Intelligence Graph
Company Overview
About Turquoise Health
Turquoise Health is a healthcare price transparency and contract intelligence platform that aggregates, normalizes, and analyzes the massive machine-readable files that hospitals and payers are required to publish under federal price transparency regulations. By transforming this chaotic data into structured, actionable insights, Turquoise enables healthcare stakeholders to benchmark prices, negotiate contracts, and understand true cost-of-care across markets.
Business Model & Competitive Advantage
Founded in 2020, the company has grown to serve more than 280 customers, including 10 of the top 25 health systems, 4 of the 5 national payers, 9 of the top 10 pharmaceutical companies, and 6 of the top 10 insurance brokers. In March 2026, Turquoise raised a $40 million Series C led by Oak HC/FT with participation from Andreessen Horowitz and Adams Street Partners, bringing total funding to $95 million. The company is now expanding beyond data analytics into transaction facilitation, aiming to enable guaranteed upfront prices for patients and reduce administrative friction between payers and providers.
Competitive Landscape 2025–2026
Turquoise Health has built the most comprehensive commercial claims database in the U.S., parsing billions of data points from hospital machine-readable files. Its platform serves as an operating system for healthcare financial intelligence, helping organizations move from reactive contract management to proactive strategy built on real pricing data.
Open Positions
Reddit Discussions
Frequently Asked Questions
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