CareJourney

Thesis

The company's core strategy revolves around leveraging data to drive improvements in healthcare quality and cost. Their platform provides market and cohort intelligence, network building and growth capabilities, smarter contracting decisions, identification of leakage and referral strengthening, and better management of at-risk populations. They focus on value-based care, utilizing claims data (Medicare, Medicaid, Medicare Advantage, and Commercial) to provide benchmarks and analytics. CareJourney raised $4.8 million in total funding across two rounds, with a Seed round in 2017 and a Series A round in 2019. Their platform analyzes Medicare, Medicaid, Medicare Advantage, and Commercial claims data, profiling over 2 million providers nationwide, used to improve provider performance, referrals, network growth, and build data-driven care teams.