HealthVerity

HealthVerity

Healthcare data management and synchronization services

About

HealthVerity specializes in healthcare and consumer data management, focusing on identity management, privacy compliance, and governance. Their products enable quick access to large datasets, which has proven essential for pharmaceutical companies, especially during the COVID-19 pandemic when they helped a major company conduct a clinical trial for a vaccine using a dataset significantly larger than government sources. HealthVerity stands out from competitors due to its extensive data ecosystem and advanced data synchronization capabilities. The company's goal is to provide valuable insights that support healthcare organizations in making informed decisions and expediting processes like clinical trials and FDA approvals.

Company Stage

Series D

Employees

201-500

Industries

Data & Analytics, Healthcare

Total Funding

$138.3M

Headquarters

Philadelphia, Pennsylvania

Founded

2014


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Simplify's Take

What believers are saying

  • Increased demand for RWE boosts HealthVerity's market position in data solutions.
  • Partnership with Gilead Sciences enhances HealthVerity's reputation in healthcare equity.
  • Recognition in Gartner's Hype Cycle reports attracts clients seeking advanced data solutions.

What critics are saying

  • Partnership with AnalyticsIQ may raise privacy concerns over race and ethnicity data.
  • Precision Event Alerts may face resistance from providers wary of real-time data sharing.
  • Mortality Masterset could face scrutiny over accuracy and ethical concerns.

What makes HealthVerity unique

  • HealthVerity offers the most comprehensive closed claims dataset with taXonomy.
  • Their partnership with AnalyticsIQ enhances personalized healthcare through race and ethnicity data.
  • HealthVerity's Mortality Masterset provides detailed cause of death data for health research.

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Growth & Insights
Headcount

6 month growth

0%

1 year growth

1%

2 year growth

1%

Benefits

Medical, dental, & vision

401k

Stock options

Flexible location

Generous PTO

Mentorship program

Professional development

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