Full-Time
Engineering Manager
Data Products
Turquoise Health
51-200 employees
Healthcare price transparency platform for patients
Compensation Overview
$172k - $247k/yr
Remote in USA
Remote
Remote within the United States; operates on US business hours.
Bachelor's
 Engineering Management (1) |
|---|
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- At least 5 years of experience in product engineering or a related role, including at least 2 years of experience managing a team of engineers.
- Proven expertise shipping reliable products with high-quality user experiences.
- A track record of building inclusive teams, with process decisions informed by bottom-up insight from engineers.
- Proven expertise managing and evolving incident response practices and managing an on-call schedule.
- Experience working with cloud infrastructure such as AWS and platform services such as Heroku.
- Proficiency with monitoring and observability tools such as DataDog.
- Excellent leadership and interpersonal skills, with the ability to convey technical issues to non-technical audiences.
- Strong collaboration skills and the ability to work across functional teams.
- A Bachelor's degree in Computer Science, Engineering, or equivalent experience.
- Lead, mentor, and grow a team of product engineers responsible for building data analysis products on health service pricing data.
- Own the technical execution and delivery of key product features, ensuring high quality, performance, and scalability.
- Provide technical guidance and oversight in modern frontend technologies such as VueJS, ensuring best practices in coding, architecture, and design are followed.
- Work closely with Product Managers, Designers, and other Engineers to translate requirements into technical solutions and ensure alignment with business goals.
- Foster a high-performance and inclusive culture.
- Champion a culture of high quality, conduct code reviews, and ensure the product meets rigorous standards for user experience and reliability.
- Experience working in SaaS or data-intensive environments.
- Familiarity with compliance requirements such as HIPAA and security frameworks such as SOC 2 and ISO 27001.
- Familiarity and experience with Python, Django, and VueJS.
- Experience working in a remote-first environment.
Turquoise Health provides a digital platform that helps patients and healthcare providers compare healthcare costs by making hospital and health-plan prices transparent and easy to understand. The core product is a user-friendly interface that lets users enter insurance information and view estimated out-of-pocket costs for a wide range of services, from basic labs to procedures like tonsil removal and abdominal ultrasounds. The platform pulls pricing data required by law to be publicly available and presents it in a clear, searchable format, enabling cost comparisons across providers and plans. Unlike some competitors, Turquoise Health’s differentiator is its focus on consolidating and displaying publicly available price data from multiple providers and insurers to empower informed decisions about care and costs. The company’s goal is to help patients navigate the opaque pricing landscape in healthcare and promote price transparency by making price information widely accessible.
Company Size
51-200
Company Stage
Series C
Total Funding
$95.3M
Headquarters
San Diego, California
Founded
2020
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Simplify's Take
What believers are saying
- Series C closed March 17, 2026, adding $40 million from Oak HC/FT.
- CMS’s January 1, 2026 rules demand richer allowed-amount data, expanding use cases.
- Turquoise’s tracker showed 2,731 hospitals on v3 by April 1, 2026, proving adoption momentum.
What critics are saying
- CMS began enforcing 2026 price-transparency requirements on April 1, 2026, squeezing sloppy data vendors.
- Competitors can copy MRF aggregation; Turquoise’s moat depends on continuous regulatory complexity.
- If hospitals ignore CMS rules and scrub disclosures, Turquoise’s core dataset loses value.
What makes Turquoise Health unique
- Turquoise Health’s 2026 tracker monitors hospital MRF adoption in real time.
- Its platform combines pricing, contract intelligence, and payments across hospitals, payers, employers.
- By March 2026, 300+ organizations used Turquoise for financial intelligence.
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Benefits
Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
Disability Insurance
Unlimited Paid Time Off
401(k) Retirement Plan
401(k) Company Match
Remote Work Options
Flexible Work Hours
Home Office Stipend
Phone/Internet Stipend
Professional Development Budget
Parental Leave
Growth & Insights and Company News
6 month growth
↑ 1%1 year growth
↓ -4%2 year growth
↑ 2%Turquoise Health (“Turquoise”), a multi-sided healthcare pricing and payment platform, today announced it has raised $40 million in Series C funding. The rou...
Turquoise Health, a healthcare pricing and payment platform, has raised $40 million in Series C funding led by Oak HC/FT, with participation from Andreessen Horowitz, Adams Street Partners and Yosemite. The San Diego-based company addresses healthcare's administrative complexity by centralising contract data and pricing information. Its platform combines Clear Rates, which synthesises pricing signals into auditable rates for payer-provider combinations, and Contracts, which uses AI to transform static documents into searchable contract portfolios. The system includes AskTQ, an AI-powered layer that reduces manual research from weeks to seconds. Turquoise Health serves over 280 customers, including 10 of the top 25 health systems and four of the five national payers. The funding will support go-to-market efforts and expand its nearly 200-person team.
WASHINGTON, July 9, 2024 /PRNewswire/ -- Today, PatientRightsAdvocate.org (PRA) released a statement on the findings of the new machine-readable file (MRF) tracker by Turquoise Health that tracks real-time hospital compliance with the federal hospital price transparency rule."We applaud Turquoise Health for creating a live tracker showing hospital compliance with the Hospital Price Transparency Rule. Unfortunately, much like our semi-annual compliance reports, their data show alarmingly low rates of full compliance with the hospital price transparency requirements," said PatientRightsAdvocate.org Founder and Chairman Cynthia Fisher. "Despite the rules being in effect for more than three years, all healthcare consumers are harmed by a lack of access to real upfront prices. With three-quarters of hospitals failing to pass CMS's validator tool, which by their admission does not constitute compliance with transparency requirements, it is clear that lackluster enforcement of hospital price transparency rules by CMS has enabled hospitals to maintain unacceptably low rates of compliance. Increased enforcement, including fines, and the passage of robust legislation to codify and strengthen these rules are necessary to bring more hospitals into full compliance and protect patients from overcharges, errors, and even fraud in medical billing."Background:According to the Turquoise tracker, only 16.7% of hospitals nationwide comply with the latest form and structure requirements that pass the CMS validator tool (which does not assess the accuracy of the data) and post a compliant text file. Of the MRFs analyzed by Turquoise, half post the data necessary to be considered fully compliant with the price transparency rules.PRA's sixth Semi-Annual Hospital Price Transparency Compliance Report revealed just 34.5% of hospitals surveyed were in full compliance with the federal hospital price transparency rule
American medical care costs have gone up, and that’s reportedly helped inflation remain high.Hospital prices climbed 7.7% between April 2023 and April 2024, the biggest monthly increase since October 2010, The Wall Street Journal (WSJ) reported Thursday (May 16), citing data from the U.S. Department of Labor.The report also included an analysis — performed for the WSJ by Turquoise Health — of recent price increases for specific procedures helping fuel this trend.For example, the cost of performing an angioplasty on cardiac patients grew $670, or 4.5%, to $15,640 in the first squatter of the year, the report said. Intensive care for newborns now costs as much as $7,939 per day, a 5% increase. And breast biopsies performed with a needle rose $220 during the period, or 4.6%, to $5,027.The first wave of inflation missed hospitals, as their prices were already set by contracts with health insurers, according to the report. However, inflation has begun to take hold as these healthcare providers have renegotiated prices. The reason: Hospitals need to pay for rising wages, with hiring in the health sector remaining robust.Economists said they expect this trend to stick around as upheaval in the labor market continues to affect wages and health insurance contracts, per the report.“We’re not expecting much slowing,” said Alan Detmeister, an economist for UBS
Turquoise Health - an end-to-end healthcare pricing platform - has announced a $30 million Series B investment led by Adams Street Partners, with participation from Yosemite and existing investors Andreessen Horowitz and BoxGroup.