Sapphire Digital
Date | Investors | Amount | Round |
---|---|---|---|
$4.0m | Series A | ||
N/A | $4.0m | Series A | |
N/A | $16.3m | Early VC | |
N/A | $3.0m | Early VC | |
$22.0m | Series C | ||
$41.0m | Series D | ||
N/A | Acquisition | ||
Total Funding | $90.3m |
Recent News about Sapphire Digital
EditSapphire Digital operates in the health care sector, focusing on providing a transparency platform that leverages data, predictive analytics, and behavioral modeling to reduce health care costs and improve care quality. The company partners with health plans to enhance their network strategies, enabling them to offer cost-efficient and high-quality providers to their members. Sapphire Digital's platform makes it easy for members to shop for health care services, offering incentives to redirect consumers to higher value care and providing quality scores and personalized support for better surgical outcomes. The business model revolves around collaborating with health plans to accelerate their ability to provide solutions that strengthen networks and empower members to make better choices. Sapphire Digital generates revenue by offering these data-driven solutions to health plans, which in turn helps them negotiate competitive rates, develop tiered benefit plans, and reduce medical spend. The company serves health plans and their members, operating in the health care market with a focus on cost efficiency and quality improvement.
Keywords: health care, transparency, data analytics, predictive modeling, cost reduction, quality improvement, network strategy, health plans, member engagement, machine learning.