Abacus Insights, founded in 2017, operates a cloud-native data transformation platform for the healthcare payer sector. The company's technology standardizes and unifies fragmented data from disparate healthcare sources into a single, trusted resource. This platform powers functions including risk adjustment, clinical data exchange, and regulatory compliance, processing data updates every 15 minutes.
The company's technical work spans healthcare data interoperability, data transformation, machine learning, and cloud-native platform development. Its platform currently manages data for over 55 million members and supports more than 25 distinct use cases, delivering reported medical loss ratio savings of over $10 million for clients.
Abacus Insights has secured $100 million in funding and operates within the United States, serving the health insurance and broader healthcare verticals. The platform is designed for healthcare payers seeking to consolidate and operationalize disparate data sources at scale.
