Garner Health

Garner Health

Healthcare data platform improving patient outcomes

About Garner Health

Simplify's Rating
Why Garner Health is rated
B
Rated A on Competitive Edge
Rated B on Growth Potential
Rated C on Rating Differentiation

Industries

Data & Analytics

Healthcare

Company Size

201-500

Company Stage

Series B

Total Funding

$59.6M

Headquarters

New York City, New York

Founded

2019

Overview

Garner Health focuses on improving patient outcomes and reducing healthcare costs by utilizing a vast database of medical records. With over 60 billion records from 320 million patients, Garner identifies healthcare providers who are known for accurate diagnoses and better patient care. Individuals and families can use Garner's app and Concierge team to find in-network healthcare providers that are available and conveniently located. Additionally, Garner offers a reimbursement service that covers out-of-pocket medical expenses for visits to these top providers. For corporate clients, Garner provides a solution that enhances employee benefits and lowers costs without altering existing plans or networks. This approach allows companies to achieve savings and improve value-based care through data-driven insights. Garner's goal is to leverage its extensive claims database to deliver valuable services that enhance healthcare experiences for both individual and corporate clients.

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Simplify's Take

What believers are saying

  • Increased telehealth adoption enhances Garner's platform for remote, high-quality care access.
  • The rise of personalized medicine aligns with Garner's data-driven provider identification approach.
  • Growing consumer-driven healthcare supports Garner's model of empowering individuals with data.

What critics are saying

  • Increased competition from similar healthcare data analytics companies threatens Garner's market share.
  • Stricter data privacy regulations may limit Garner's access to necessary datasets.
  • Direct-to-consumer healthcare apps could divert individual clients from Garner's employer-based solutions.

What makes Garner Health unique

  • Garner Health leverages the largest claims database in the U.S. for accurate provider recommendations.
  • The company offers a unique reimbursement service for out-of-pocket medical costs.
  • Garner's non-disruptive corporate solutions enrich benefits without changing plans or networks.

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Funding

Total Funding

$59.6M

Above

Industry Average

Funded Over

3 Rounds

Notable Investors:
Series B funding is typically for startups that have proven their business model and need more funding to expand rapidly—often by entering new markets or adding more products. Investors are usually venture capital firms that specialize in later-stage investments.
Series B Funding Comparison
Above Average

Industry standards

$35M
$45M
Linktree
$45M
Garner Health
$65M
Substack
$100M
ClickUp

Benefits

Company Equity

401(k) Company Match

Growth & Insights and Company News

Headcount

6 month growth

-1%

1 year growth

-3%

2 year growth

-4%
PR Newswire
May 17th, 2023
Garner Health Technology Named Honorable Mention In Fast Company'S 2023 World Changing Ideas Awards

NEW YORK, May 17, 2023 /PRNewswire/ -- Garner Health Technology, Inc. today announced that its doctor search tool has been recognized with an honorable mention in Fast Company's 2023 World Changing Ideas Awards. This annual Fast Company award celebrates "the sustainable designs, innovative products, bold social initiatives, and other creative projects that are changing the way we work, live, and interact.The world-changing benefits of Garner's doctor search tool are particularly important for functionally uninsured employees who are burdened with deductibles so high they cannot afford to pay for medical care. Garner's applications help improve health outcomes and lower costs for both employees and employers by transforming new healthcare transparency data and other data sources into the largest healthcare database in the nation.This year's World Changing Ideas Awards showcase 45 winners, 216 finalists and more than 300 honorable mentions,with health, climate, energy and AI among the most popular categories. A panel of Fast Company editors and reporters selected winners and finalists from a pool of more than 2,200 entries across urban design, education, nature, politics, technology, corporate social responsibility and more. Several new categories were added this year, including rapid response, crypto and blockchain, agriculture and workplace

Marathon Health
Sep 21st, 2022
Marathon Health, LLC partners with Garner

Marathon Health, LLC has partnered with Garner Health to leverage their data-driving physician analytics to help guide patient choice.

Garner
Oct 13th, 2021
Optum Ventures invested into Garner Health on Oct 13th 21'.

Garner Health ™, a health tech company that uses data science to enable personalized provider recommendations, today announced a strategic investment from Optum Ventures, the independent venture arm of Optum and part of UnitedHealth Group.

Vator
Feb 3rd, 2021
Garner Health raises $12.5M to get employees to the best performing doctors

The company is serving 10,000 members in more than 30 states

AlleyWatch
Feb 3rd, 2021
Garner Health Raises $12.5M for its Platform That Lets Employers Recommend the High-Quality Doctors to Employees

There’s been a growing movement towards outcome-based healthcare payments as we look to value-based care and providing the best care possible. This starts with selecting quality providers. Garner Health is a technology-driven platform that analyzes aggregate medical data to determine who the highest-quality physicians are by specialty, procedure and geography. Employees of companies that are partnered with Garner Health are able to go through this curated selection, filtered for availability and network considerations for upcoming medical visits. The platform also features a concierge service available through phone, chat, or email to provide additional guidance, if necessary. If the employee opts to use one of the preferred providers, then employers will cover all or a portion of any out-of-pocket expenses. The incentivization of employees in the short term to visit quality providers results in lower costs for the employer in the long-term, amounting to savings the company’s estimated to be at least 10%. Garner does not maintain any commercial relationship with healthcare providers and its determinations are completely on the basis of past treatment data, eliminating any bias or impropriety in the recommendations. AlleyWatch caught up with Founder and CEO Nick Reber (prev. Oscar Health and Bridgewater) to learn more about this innovative model to address rising healthcare costs, the company’s future plans, and latest round of funding from investors that include Founders Fund, Maverick Ventures, and Thrive Capital.

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