According to filings with the U.S. Securities and Exchange Commission, Turquoise Health is raising up to $29,999,994.00 in new funding. Sources indicate that as part of senior management Chief Executive Officer, Christopher Severn played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Turquoise Health
We think healthcare reimbursement should be simple, even for complex services. On Turquoise, providers can list clear services, negotiate market rates, manage contracts and connect with patients. Patients and employers can find quality, affordable healthcare and agree on rates with providers. Our platform runs on price transparency, bundled payments and simple contract structures. Our mission is to reduce the cost and complexity of healthcare by simplifying administration. Faced with fluctuating billing guidelines and confusing insurance requirements, providers have a hard time quoting patients clear prices. Many providers want their patients to know up front prices but hit too many barriers doing so. For one, the data infrastructure is too broken from the start. We engage with well-intentioned providers and payers that want to work together to create price transparency for patients and employers. Through price transparency, service bundling and simplified contract management, we rework the underlying infrastructure that blocks easy up front pricing. We also reduce the need for complex billing and coding that causes pricing nightmares. Were building the future of a simpler transaction in healthcare.

To learn more about Turquoise Health, visit http://turquoise.health/

Contact:
Christopher Severn, Chief Executive Officer
https://www.linkedin.com/in/csevern/

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