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Meet the Startups That Want to Create Healthcare's Infrastructure

San Diego's Turquoise Health raises $5M for tech that lifts the veil on hospital pricing

Print San Diego startup Turquoise Health, which aims to enable price shopping for hospital care, has raised $5 million in seed money from investors including marquee Bay Area venture firm Andreessen Horowitz and Golden State Warriors guard Klay Thompson. Launched in 2020, Turquoise Health has built an online price transparency platform that’s curated more than 175 million price records from hospitals delivering the data in an easy-to-use way for patients, health care researchers, employer groups and others. These records were secret until Jan. 1, when federal rules kicked in requiring hospitals to publish their prices for some 300 procedures, including the negotiated rates they’ve hashed out with insurers.

Femtech company Elvie raises $80M for new product development; canine genetic company Embark snags $75M; and other digital health fundings

StartUPDATES: New developments from healthcare startups

Turquoise Health Price Transparency Platform Closes $5 Million Funding Round Led By Andreessen Horowitz and Expands Access to Rates Data