Turquoise Health

Turquoise Health, founded in 2020 and headquartered in San Diego, builds infrastructure for healthcare price transparency. The company aggregates and standardizes hospital pricing data, including negotiated rates, from machine-readable files, turning inconsistent and voluminous source material into pricing information that is clear and comparable for patients, providers and payers. Its technical work spans data aggregation, data standardization, machine-readable file processing and contract intelligence.

Its Price Transparency Platform provides standardized pricing information drawn from hospital machine-readable files and serves more than 300 healthcare organizations. A second product, Transaction Efficiency, connects pricing data, contract intelligence and workflow tooling for finance teams across providers, payers, employers and life sciences, supporting negotiation and an understanding of true healthcare costs.

The company has raised more than $95 million in total funding, including a $40 million Series C round. It operates in healthcare verticals including providers, payers and insurance, employers and life sciences, and describes its purpose as eliminating financial opacity in American healthcare.