MedCity News May 11, 2022
Michael Schroeder

Pulling back the curtain on healthcare pricing is easier said than done, acknowledged Chris Severn, the company’s co-founder and CEO. That’s exactly why the investment is so important.

In an effort to improve price transparency in healthcare, laws have been passed to give consumers more cost information upfront, but it can still be difficult to access that information. Now, where health organizations, including hospitals, have issues complying with the rules, companies like healthcare pricing platform Turquoise Health are vowing to help.

On Wednesday, the San Diego-based startup announced it raised $20 million in Series A funding led by existing investor Andreessen Horowitz (a16z) to make transparent pricing ubiquitous in healthcare. The company works with payers and providers to deliver healthcare...

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