Transparent Health Marketplace is an innovative platform connecting payors and providers in a new marketplace model for the procurement of workers’ compensation healthcare services.
Transparent Health Marketplace (THM) operates the first marketplace of its kind to connect payors and providers of workers’ compensation healthcare services in an open platform featuring market-driven pricing.
Transparent Health Marketplace was founded in 2015 and is headquartered in Wayne, Pennsylvania.
THM represents a departure from business as usual. Using technologies similar to those which have transformed travel, finance and other industries, THM is the first to deliver marketplace dynamics to healthcare.
THM, by automating manual processes and eliminating redundancies, delivers greater cost savings for payors, new growth opportunities for providers and better efficiency for all stakeholders in workers’ compensation.
Transparent Health Marketplace has raised $11M in a Series B round on Mar 10, 2020. The investment was led by Ben Franklin Technology Partners, along with other undisclosed investors.