Trella Health

Trella Health

Healthcare data analytics solutions provider

About Trella Health

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

Industries

Data & Analytics

Healthcare

Company Size

51-200

Company Stage

Seed

Total Funding

$5.1M

Headquarters

Atlanta, Georgia

Founded

2015

Overview

Trella Health provides healthcare data analytics solutions to various clients, including home health and hospice providers, skilled nursing organizations, and health systems. Their products help healthcare providers analyze data to make informed decisions, improve patient outcomes, and grow their businesses. Trella Health stands out by offering analytics that integrate with existing systems like CRM and EMR, ensuring easy access to vital data. The company's goal is to empower healthcare organizations to optimize operations and enhance patient care.

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Simplify's Take

What believers are saying

  • Growing demand for data-driven healthcare solutions boosts Trella's market potential.
  • Expansion of telehealth services increases need for Trella's comprehensive data analytics.
  • Rising importance of value-based care models supports Trella's advanced analytics adoption.

What critics are saying

  • Increasing Medicare Advantage enrollment may reduce Fee-For-Service data availability.
  • Decrease in skilled home health agencies limits data for Trella's analytics solutions.
  • New data set integrations may require significant resources and alignment with customer needs.

What makes Trella Health unique

  • Trella Health is an 'Innovator' in CMS's Virtual Research Data Center Program.
  • Access to 100% of Medicare Part A and B claims data sets Trella apart.
  • Trella integrates CRM and EMR systems, enhancing data accessibility for healthcare providers.

Help us improve and share your feedback! Did you find this helpful?

Funding

Total Funding

$5.1M

Above

Industry Average

Funded Over

2 Rounds

Early VC funding comparison data is currently unavailable. We're working to provide this information soon!
Early VC Funding Comparison
Coming Soon

Benefits

Health Insurance

401(k) Retirement Plan

Unlimited Paid Time Off

Paid Vacation

Flexible Work Hours

Company Equity

Growth & Insights and Company News

Headcount

6 month growth

2%

1 year growth

2%

2 year growth

0%
PR Newswire
Dec 16th, 2024
Trella Health Launches Special Report On Home Health Accessibility For Medicare Fee-For-Service (Ffs) Beneficiaries

An analysis of the key trends shaping access to care for Medicare patientsATLANTA, Dec. 16, 2024 /PRNewswire/ -- Trella Health, the leading provider of market intelligence and integrated customer relationship management (CRM) solutions to the post-acute care industry, released its Special Edition Report on Home Health Accessibility Among Medicare Fee-for-Service (FFS) Beneficiaries.This report investigates trends shaping home health accessibility, revealing how the expanding Medicare-eligible population – and other factors – continues to strain access to home health services."This report underscores the urgent need for healthcare leaders to address these disparities." Post this special edition reportBelow are a few key insights from this special report:49.9% of counties had five or fewer home health agencies per 1,000 square miles in 2023.of counties had five or fewer home health agencies per 1,000 square miles in 2023. 94.1% of counties experienced either a decrease or no change in the number of skilled home health agencies treating more than 10 FFS patients in the post-pandemic period.of counties experienced either a decrease or no change in the number of skilled home health agencies treating more than 10 FFS patients in the post-pandemic period. 83.3% of counties experienced a decrease in the number of FFS home health admissions per 1,000 beneficiaries in the post-pandemic period.of counties experienced a decrease in the number of FFS home health admissions per 1,000 beneficiaries in the post-pandemic period. 87.4% of counties experienced a decrease in the average number of home health visits in the post-pandemic period, and the number of home health visits per patient day decreased by 17.3% between 2017 and 2023."Our analysis of Medicare Fee-for-Service claims indicates a concerning trend: decreasing accessibility to skilled home health care at a time when we are experiencing the largest growth in the Medicare population," stated Carter Bakkum, Senior Data Analyst at Trella Health. "This report underscores the urgent need for healthcare leaders to address these disparities and ensure that Medicare beneficiaries receive the care they need."Access the full Special Edition Report on Home Health Accessibility Among Medicare Fee-for-Service (FFS) Beneficiaries here.About Trella HealthTrella Health's unmatched market intelligence and purpose-built CRM allow post-acute providers, HME, and Infusion organizations to drive more effective performance and growth

PR Newswire
Nov 13th, 2024
Trella Health Launches Commercial Payer Rates Data To Provide Contracting Transparency For Hme Infusion Organizations

ATLANTA, Nov. 13, 2024 /PRNewswire/ -- Trella Health, the leading provider of data and productivity solutions for Home Medical Equipment (HME) and Infusion organizations, launched its Commercial Payer Rates Data solution, designed to give organizations unmatched insights into commercial payer rates across the United States

PR Newswire
Jul 18th, 2024
Trella Health Unveils Its 2024 Post-Acute Care Industry Trend Report

"At Trella Health, we believe in the power of data to foster meaningful change in healthcare." Post thisNew additions to this year's report include a section co-created with industry leaders, providing expert insights on navigating the post-acute care landscape. Additionally, the report features a deeper dive into state-level data, empowering providers with localized insights to better understand local dynamics and tailor their strategies accordingly."As part of our mission to promote industry-wide performance visibility, our team is excited to share the findings of this year's Post-Acute Care Industry Trend Report," said Scott Tapp, CEO of Trella Health. "At Trella Health, we believe in the power of data to foster meaningful change in healthcare. Continuous innovation in an industry requires strong collaboration, and with data-backed insights, we are shaping the future of healthcare together."Below are a few key takeaways from this year's report:Medicare Advantage enrollment continues to increase, and MA penetration eclipsed the much-anticipated 50% mark in 2023, hitting 54.7% as of February 2024. FFS inpatient discharge instruction rates for home health and skilled nursing continue to inch closer to pre-pandemic levels, though these rates remained more stable than previous year-over-year changes.Annualized changes in home health (-3.0% between 2022 Q3 and 2023 Q3 reporting periods) and skilled nursing (-13.8% between 2022 Q4 and 2023 Q4 reporting periods) FFS admissions continue to decrease due to increased MA enrollment.Hospice admissions increased by 2.1% between the 2022 Q4 and 2023 Q4 reporting periods. Further, hospice utilization increased to 49.8% in the 2023 Q4 reporting period, four percentage points higher than the 2020 Q4 reporting period

PR Newswire
Apr 29th, 2024
Trella Health Announces Kathy Ford As Chief Product Officer, Advancing Ongoing Product Innovation And Expansion Initiatives

Following an extensive nationwide search, Trella Health proudly appoints its new Chief Product OfficerATLANTA, April 29, 2024 /PRNewswire/ -- Trella Health, the leading provider of market intelligence and integrated customer relationship management (CRM) solutions to the post-acute care industry, is excited to announce the addition of Kathy Ford to its executive leadership team as Chief Product Officer. Reporting directly to the CEO, Kathy will lead Trella's ongoing product innovation and expansion strategies."When I think about Trella Health's mission, vision, and values, I believe Kathy aligns perfectly, "Scott Tapp, CEO of Trella Health, expressed. "As we enhance Trella's data insights offerings — recently adding over 6.1 billion additional claims — we are also investing in and expanding capabilities with interoperability, workflows, and AI. Her innovative mindset, extensive experience in these areas, and dedication to improving healthcare outcomes make her ideally suited to guide our product initiatives forward.""I am excited to capitalize on Trella Health's impressive traction and growth." Post thisKathy is a long-time healthcare technology innovator and has led commercialization efforts for hundreds of clinically impactful solutions across the care continuum over the last 30 years. She most recently served as the Chief Product and Strategy Officer of Project Ronin.As Trella Health's Chief Product Officer, Kathy will spearhead the strategic vision and execution of product development initiatives, leveraging her extensive experience in healthcare technology leadership. Kathy will drive the evolution of Trella's data insights and workflow solutions, ensuring alignment with market demands and customer needs

PR Newswire
Apr 25th, 2024
Trella Health Enhances Marketscape Insights For Hme And Infusion Organizations With The Addition Of Claim And Patient Counts

HME and Infusion organizations can maximize growth potential and strategically target top referral sources by leveraging patient and claim counts.ATLANTA, April 25, 2024 /PRNewswire/ -- Trella Health, the leader in HME and Infusion growth and productivity solutions, announces the recent release of claim and patient counts within its Marketscape Insights platform.This highly requested insights feature provides HME and Infusion organizations with greater visibility into their market."The patient and claim counts in the Marketscape Insights solution play a valuable part in our growth strategy." Post thisPreviously, organizations were limited to decile rankings, which offered directional insight into volume. For instance, while a ranking of 10 might signify the highest tier, the actual claim count could vary significantly across different code sets – from 25 claims to 500 claims.Now, organizations can gain a more detailed understanding of claim volume for more informed decision-making.Tyler Rardin, GM of HME and Infusion Markets at Trella Health stated, "At Trella, our goal is to consistently innovate to provide our customers with the greatest visibility into the market, to support them in maximizing their efficiencies and focus on the areas that align with their strategy. We are thrilled to have released visibility into Physician and Organization patient and claim counts within the Marketscape Insights for HME and Infusion platform. With these insights, customers gain an even deeper understanding on the size on Physician and Organization relationships, allowing them to make more informed decisions on who to partner with. Our dedicated teams continue to innovate to give our customers the tools and knowledge needed to thrive and excel in their markets."With this recent addition, Business Development Managers and Sales Managers can guide their teams to prioritize efforts on high-value partnerships, avoiding wasted resources on referrals that may not be a good fit for their sales strategy be a good fit.Codes are billed at different frequencies, making reliance on claim counts alone insufficient.With the patient count integration of Medicare FFS, MA, Medicaid, and Commercial insurances – organizations gain a more accurate picture of patient volume and associated claims by payer.This is particularly crucial for sales teams whose commissions are tied to acquiring new patients.Below are a few ways sales teams can gain additional visibility into the size of physician and organization relationships:Identify which physicians organizations are heavily partnered withUnderstand if there are organizations that a physician has strong relationships withView areas of opportunity to increase physician referralsTarget referral sources that align with your payer types by understanding the patient counts by payer type for a specific set of codesIdentify true unique patient opportunities, removing refills and rentals with patient counts"The patient and claim counts in the Marketscape Insights solution play a valuable part in our growth strategy. With this data, our representatives are able to focus their efforts with greater effect." stated Joe Consedine, Director of Marketing at Martin Bionics Prosthetics + Research.At Trella, we are committed to consistent innovation to empower our customers with invaluable market insights to thrive in their markets

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