HealthRate Revenue
Claims Adjusting, Actuarial Services • 
Minneapolis, Minnesota, United States • 1-10 Employees
HealthRate revenue & valuation
| Annual revenue | $256,665 |
| Revenue per employee | $86,000 |
| Estimated valuation?This valuation is estimated based on industry average for the Claims Adjusting, Actuarial Services industry and current estimated revenues | $821,328 |
| Total funding | No funding |
Key Contact at HealthRate
Tim Michaels
Chief Executive Officer
Company overview
| Headquarters | Minneapolis, Minnesota, United States |
| Website | |
| NAICS | 52429 |
| Keywords | Contract Negotiation, Actuarial Services, Risk Mitigation, Artificial Intelligence, Catastrophic Case Management, Decision Support, Risk Measurement, Statistical Modeling, Price Transparency, Claims Adjusting, Insurtech, Specialty Networks, Claims Review, Payment Optimization, Pay Transparency, Catastrophic Claim Management, Reimbursement Modeling, Carve-Out Network Modeling, Network Comparison |
| Founded | 2023 |
| Employees | 1-10 |
HealthRate Email Formats
HealthRate uses 2 email formats. The most common is {first initial} (e.g., j@healthrate.io), used 83.3% of the time.
| Format | Example | Percentage |
|---|---|---|
{first initial} | j@healthrate.io | 83.3% |
{first name} | john@healthrate.io | 16.7% |
About HealthRate
HealthRate is an innovative insurtech platform designed to bring transparency and clarity to the most complex and costly healthcare claims. Specializing in pricing transparency, HealthRate equips employers, insurers, TPAs, and stop-loss providers with powerful tools to analyze and re-price healthcare cases in real-time. By leveraging comprehensive data sets and advanced algorithms, the platform identifies cost-saving opportunities across catastrophic claims, such as oncology, transplants, and gene/cell therapies, helping clients make informed, fact-based decisions. HealthRate's services include: - Real-time decision support: Offering precise contract and claims re-pricing in seconds to provide immediate, actionable insights. - Network pricing comparisons: Helping clients identify optimal pricing strategies by comparing rates across different networks and providers. - Cost-saving analysis: Identifying areas of financial improvement by exposing rate discrepancies and reducing unnecessary spending. - Risk management: Supporting payers and employers in managing catastrophic claim risks with transparency and consistency. By simplifying healthcare pricing complexities, HealthRate ensures that critical, life-saving treatments remain affordable and accessible, all while delivering tangible financial improvements for its clients.
Employees by Management Level
Total employees: 1-10
Seniority
Employees
Employees by Department
HealthRate has 1 employees across 1 departments.
Departments
Number of employees
Funding Data
HealthRate has never raised funding before.
HealthRate Tech Stack
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