Turquoise Health builds the infrastructure for healthcare price transparency. Founded in 2020 and headquartered in San Diego, the company aggregates and standardizes hospital pricing data - including negotiated rates - from machine-readable files mandated by US price transparency rules. Its platform serves over 300 healthcare organizations, including payers, providers, employers, and life sciences companies.
The company's technology stack spans data aggregation, data standardization, workflow tools, and contract intelligence. Its core product is a price transparency platform that turns raw, publicly available hospital pricing files into structured, usable data. A second product, the Transaction Efficiency platform, connects pricing data with contract intelligence and workflow tools, helping finance teams negotiate and understand healthcare costs.
Turquoise Health has raised over $95 million in funding, reaching Series C stage. The company operates in a technically demanding domain that requires building scalable data pipelines to process large, inconsistently formatted datasets across thousands of US hospitals.
