Ribbon Health

Ribbon Health

Healthcare data platform for provider information

About

Ribbon Health offers a data platform that provides accurate information about healthcare providers, including accepted insurances, costs, and quality. This platform helps clients like health plans and care navigators improve operational efficiencies and patient experiences by automating the collection of provider data from thousands of sources. Unlike traditional methods, Ribbon Health's automated solution allows for quicker access to reliable data, saving clients time and money. The company aims to build long-term partnerships with its clients by offering dedicated support and a subscription-based model for its services.

Company Stage

Series B

Employees

51-200

Industries

Data & Analytics, Healthcare

Total Funding

$55.7M

Headquarters

New York City, New York

Founded

2016


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Simplify's Take

What believers are saying

  • Partnerships with MDsave and Turquoise Health enhance cost transparency and care accessibility.
  • Recent $43.5M funding supports expansion and innovation in healthcare data solutions.
  • Integration with AI tools boosts data accuracy and predictive capabilities for providers.

What critics are saying

  • Increased competition from new entrants like Innovaccer in the healthcare data space.
  • Challenges in maintaining data accuracy as healthcare data volume grows exponentially.
  • Evolving data privacy regulations may increase compliance costs and operational complexity.

What makes Ribbon Health unique

  • Ribbon Health offers a first-of-its-kind provider data platform for healthcare enterprises.
  • The platform integrates MDsave's network, enabling upfront comprehensive pricing for care.
  • Ribbon Health's API delivers accurate, comprehensive provider data for efficient care navigation.

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Growth & Insights
Headcount

6 month growth

-7%

1 year growth

-16%

2 year growth

-25%

Benefits

Fully sponsored medical, dental, and vision plan coverage

Unlimited paid time off and flexible hours

One Medical membership and mental health support

Commuter support and CitiBike membership

Inclusive environment and activities to connect outside the office

401k sponsorship

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