Fierce Health Payers May 3, 2021
With the aim of bringing transparency to healthcare, Transparent Healthcare Marketplace launched earlier this year as a marketplace to connect payers and providers of workers’ compensation healthcare services.
The startup combines the power of the market with digital innovation to automate complex business processes and accelerate access to care for the healthcare and insurance industries, according to the company.
Philadelphia-based Transparent Healthcare Marketplace completed an oversubscribed $30 million Series C Preferred equity funding round led by ARTIS Ventures.
New investors in the round include Phase 2 Partners, combined with significant participation from existing institutional and individual investors. The latest funding brings THM’s total equity raised to $57.4 million.
“Consumers, payers and providers are all paying the price for the inefficiencies...
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