Built for the people making real healthcare pricing decisions.

When I tore my ACL and needed surgery in 2017, I was asked whether I wanted to have the procedure done on the upcoming Monday or Tuesday. I chose Monday because it was more convenient.

I was surprised to learn that this choice was a $10,000 decision. It was the same doctor performing the same procedure, but if it was on Monday, the surgery would be at a hospital; if it was on Tuesday, it would be at an ambulatory surgical center. That simple change in location was a five-figure difference.

In my post-surgical haze, I thought: How is this possible? And why does this happen?

As I learned more about our healthcare system, I realized that it is not governed by economic rationality, and that lack of governing structure has had dire consequences. Healthcare costs more in the U.S. than any other country, and U.S. commercial healthcare costs have grown over 250% in the last two decades.

I also started to realize that, in virtually every other industry, we use data about the price, quantity, quality, and efficiency of goods and services to solve economic problems and create better outcomes for buyers. In healthcare, we don’t use this data, because we don’t even have it. Instead, all we have are fragmented snippets of information and abstract categories that do not fully reflect the healthcare decisions we make and their impacts.

At Careignition, that is what we are working to create: the clear data framework that our industry needs to seriously understand, manage, and improve how we pay for healthcare.

Join us in creating the change our healthcare system needs.