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NextHealth Technologies

NextHealth Technologies

Total Funding

$26.5 M

NextHealth Technologies Summary

Company summary

Overview
NextHealth Technologies (NHT), based in Denver CO, drives measurable medical cost reduction through a prescriptive analytics and consumer engagement platform. NextHealth’s proprietary SaaS platform integrates three foundational technologies - prescriptive analytics, behavioral economics, and multichannel consumer engagement. This end-to end, technology-enabled solution predicts risk reduction opportunities and then prescribes personalized member level actions or “nudges"​ to dramatically improve outcomes. NHT has been able to deliver a sustained and ground breaking 25% reduction in ER visits and over $17 per member per year in medical claims cost reduction for targeted commercial, ASO, and Medicaid populations. NHT offers over 30+ use cases including ER visit reduction, out-of-network reduction, and retention of high value individual members. NextHealth offers an at risk managed services contract based on 20% of causal claims savings. These results have led the company to be named by Gartner as one of the most innovative healthcare analytics vendors in the US. NHT’s multi-year software and managed services solution is currently contracted and supporting over 1.5 million members with some of the most reputable health plans in the country including: UnitedHealthcare, BlueCross BlueShield of Tennessee, and Colorado Access.
Type
Private
Founded
2013
HQ
Denver, CO, US | view all locations
Website
http://www.nexthealthtechnologies.com/
Cybersecurity rating
Sectors

Key people

  • Eric Grossman

    Eric Grossman, Founder and Chief Executive Officer

  • Peter Everett

    Peter Everett, Chief Executive Officer

  • Nicole Engel

    Nicole Engel, Senior Medical Advisor

    • Mehrshad Setayesh

      Mehrshad Setayesh, Chief Technology Officer

    LocationsView all

    2 locations detected

    • Denver, CO HQ

      United States

      Denver Place, 999 18th St #2600S

    • Tigard, OR

      United States

      11481 SW Hall Blvd #201

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