Abacus Insights

Abacus InsightsAbacus Insights
Abacus Insights

Abacus Insights

Abacus Insights is a healthcare technology company that provides a data integration and management platform designed to curate, organize, and standardize healthcare data for payers.

DR 41Speed 532017Active422Boston, United States
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About

Abacus Insights offers a data usability platform tailored for U.S. payers, aiming to make data actionable and usable. The platform supports interoperability mandates, quality and risk-adjustment improvement, and payment integrity, while building a reusable data fabric for AI initiatives. They manage healthcare data for a large number of members under stringent HIPAA controls, utilizing platform-native agents and semantic grounding to automate data mapping and pipeline creation, significantly reducing new-client onboarding time.
Frequently asked

What does Abacus Insights do?

Abacus Insights offers a data usability platform tailored for U.S. payers, aiming to make data actionable and usable. The platform supports interoperability mandates, quality and risk-adjustment improvement, and payment integrity, while building a reusable data fabric for AI initiatives. They manage healthcare data for a large number of members under stringent HIPAA controls, utilizing platform-native agents and semantic grounding to automate data mapping and pipeline creation, significantly red…

Is Abacus Insights trustworthy and reputable?

StartupHub's Data Trust & Reputation score for Abacus Insights is 83 out of 100, based on site security posture and privacy practices.

What is Abacus Insights's revenue?

StartupHub estimates Abacus Insights's annual revenue at $112.3M (range $78.0M to $192.7M, 66% confidence), based on comparable companies in the sector.

What is Abacus Insights's valuation?

StartupHub estimates Abacus Insights's effective valuation at $50.0M (range $31.8M to $76.2M, 10% confidence), based on comparable companies in the sector.

How much funding has Abacus Insights raised?

Abacus Insights has raised a total of $13M in funding. The most recent round on record is Series A.

Where is Abacus Insights headquartered?

Abacus Insights is headquartered in Boston, United States.

When was Abacus Insights founded?

Abacus Insights was founded in 2017.

What industry does Abacus Insights operate in?

Abacus Insights operates in Healthcare, Artificial Intelligence, Data Analytics, HealthTech, Healthcare Analytics, Data Management.

How many employees does Abacus Insights have?

Abacus Insights has approximately 422 people on record.

HEADCOUNT
422
DOMAIN RATING
41
Who they would sell to
Cigna

Cigna, as a large health plan, would benefit from Abacus Insights' platform to unify disparate data systems and improve data usability for analytics and operational use cases, similar to how John Pyhtila, Abacus Insights' COO, previously co

Health Plans
Humana

Humana could leverage Abacus Insights' solutions to address challenges with fragmented patient data and comply with CMS interoperability mandates, enhancing their ability to provide personalized healthcare experiences.

Health Plans
UnitedHealthcare

UnitedHealthcare, a major health insurer, would find value in Abacus Insights' platform for creating comprehensive longitudinal patient records and improving risk adjustment and compliance with CMS requirements.

Health Plans

Buyer fit inferred by StartupHub from what Abacus Insights sells and public signals about each company. Only rows badged "already a customer" are confirmed relationships.

Who could acquire them
MultiPlan

MultiPlan, a provider of data analytics and cost management solutions to the U.S. healthcare industry, would gain a leading data management and interoperability platform by acquiring Abacus Insights, enhancing its offerings for health plans

Cotiviti

Cotiviti, which acquired iHealth Technologies (a company founded by Abacus Insights' CEO Minal Patel), could integrate Abacus Insights' data usability platform to further strengthen its payment and revenue integrity solutions for healthcare

Precedent: Acquired iHealth Technologies, year unknown

Databricks

Databricks could acquire Abacus Insights to deepen its presence in the healthcare sector and integrate Abacus Insights' specialized healthcare data management and AI capabilities directly into its Data + AI Platform.

Strategic fit inferred by StartupHub from each buyer's own acquisition history. No deal, approach or discussion is implied.

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