Parachute Health offers a digital platform that streamlines the ordering of Durable Medical Equipment (DME) by connecting providers, suppliers, and patients. The platform supports electronic prior authorization, data analytics, and integration with internal systems, and is accessed through a subscription and service fee model. By reducing order times, speeding collections, and improving audit performance, it increases efficiency and transparency across the DME supply chain. Its goal is to improve patient outcomes and operational efficiency for hospitals, health plans, and care facilities while helping clients grow market share and profitability.
Company Size
201-500
Company Stage
Early VC
Total Funding
$15.4M
Headquarters
Princeton, New Jersey
Founded
2015
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