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Overview
Particle Health provides a data infrastructure platform that aggregates and standardizes medical records from across the United States into a single access point. The platform works by connecting to national health information exchanges and converting fragmented data into a modern, unified format that developers can access through a simple API. Unlike competitors that require complex, custom integrations for every data source, this system offers a high success rate for record retrieval using a developer-friendly interface. The company's goal is to eliminate medical data fragmentation to help healthcare providers make better clinical decisions and coordinate patient care more effectively.
About Particle Health
Industries
Data & Analytics
Enterprise Software
Healthcare
Company Size
11-50
Company Stage
Late Stage VC
Total Funding
$49.3M
Headquarters
New York City, New York
Founded
2018
Simplify's Take
What believers are saying
- Secured $10M funding in 2024 from existing investors to fuel growth.
- Appointed Jason Prestinario CEO on May 15, 2023, scaling clinical impact.
- Added Dr. Carolyn Ward as Clinical Strategy Director on April 12, 2023.
What critics are saying
- Epic cuts record access for Particle's customers, slashing revenue immediately.
- TEFCA mandates from 2024 bypass Particle's HIE network by 2026.
- Komodo Health undercuts with cheaper claims data, stealing pharma clients.
What makes Particle Health unique
- Particle Health aggregates records from 320 million patients via HIEs into FHIR R4 API.
- Achieves 90% success rate retrieving 105 records per patient search.
- Developer-friendly platform standardizes data without custom integrations.
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Funding
Total Funding
$49.3M
Meets
Industry Average
Funded Over
4 Rounds
Menlo VenturesBenefits
Unlimited Paid Time Off
Flexible Work Hours
Hybrid Work Options
Health Insurance
Employer-funded 401(k) match
Mental Health Support
Family Support
Wellness Program
Stock Options
Employee Equity
Parental Leave
Phone/Internet Stipend
Home Office Stipend
Conference Attendance Budget
Professional Development Budget
Growth & Insights and Company News
6 month growth
↑ 4%1 year growth
↑ 2%2 year growth
↑ 2%Epic asks a federal court to dismiss Particle Health's antitrust lawsuit, saying that it's a revenge lawsuit that fails to prove anticompetitive behavior.
Particle Health has secured $10 million in funding from existing investors, following its antitrust lawsuit against Epic Systems. The lawsuit claims Epic is stifling competition in the payer platform market by coercing Particle's customers. The funding aims to support Particle's growth, but it will not be used for the lawsuit, which is being financed through other means. The lawsuit alleges that Epic has cut off access to medical records for Particle's customers, impacting its revenue. Epic, which dominates the electronic health records market, has requested the court to dismiss the lawsuit, arguing it is a distraction from issues related to patient privacy violations by Particle's customers.
Particle Health raised $10 million from existing investors amid an antitrust lawsuit against Epic Systems. The lawsuit claims Epic used its market dominance to hinder Particle's business by coercing customers to cut ties with Particle. Epic allegedly cut off access to medical records for Particle's customers, leading to revenue loss. Epic, covering over half of US hospital beds, asked the court to dismiss the suit, claiming it distracts from privacy violations by Particle's customers.
- Carequality, a non-profit interoperability framework, has successfully resolved a dispute between two of its members, Particle Health and Epic.
The dispute arose earlier this year when Epic, acting on behalf of its customer governing council, filed a complaint with Carequality against Particle Health.
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About Particle Health
Industries
Data & Analytics
Enterprise Software
Healthcare
Company Size
11-50
Company Stage
Late Stage VC
Total Funding
$49.3M
Headquarters
New York City, New York
Founded
2018
There are no jobs for Particle Health right now.
Find jobs on Simplify and start your career today