Array Health - About the company
Array Health is an unfunded company. It operates as a Provider of administrative services for self-funded health insurance benefit plans. Array Health has not raised any funding yet. The company has 108 active competitors, including 17 funded and 11 that have exited. Its top competitors include companies like CollectiveHealth, Artemis Health and CoreHealth.
Company Details
Provider of administrative services for self-funded health insurance benefit plans. The business facilitates plan design, claim adjudication, and premium billing for employer-sponsored health coverage. Operations include the implementation of cost containment strategies, utilization reviews, and medical management protocols. Compliance monitoring is provided for regulatory requirements regarding health benefit administration. Data analytics tools are utilized to assess plan performance, cost trends, and risk metrics through reporting dashboards. Support is extended to the management of stop-loss coverage and reinsurance arrangements to mitigate financial exposure. Coordination with healthcare provider networks and external vendors allows for the integration of medical, pharmacy, dental, and vision services within benefit packages. These administrative solutions aim to maintain financial workflows and transparency for health plans.
Key Metrics
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Array Health's funding and investors
Array Health has not raised any funding rounds yet.
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Array Health's Competitors and alternates
Top competitors of Array Health include CollectiveHealth, Artemis Health and CoreHealth. Here is the list of Top 10 competitors of Array Health, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | CollectiveHealth 2013, San Francisco (United States), Series F | Cloud-based self-insurance platform for employers to sponsor their employees | $714M | 72/100 | |
2nd | Artemis Health 2013, New York City (United States), Acquired | Provider of a SaaS-based employee benefit management platform | $58M | 56/100 | |
3rd | CoreHealth 2004, Kelowna (Canada), Acquired | Corporate wellness platform | - | - | 54/100 |
4th | Self funded insurance administration | - | - | 51/100 | |
5th | Oration 2012, Foster City (United States), Acquired | Cloud-based benefit administration and health insurance for employers | $12.2M | 48/100 | |
6th | Benecon 1991, Lititz (United States), Funding Raised | Self-funded employee benefits solutions for employers | - | 47/100 | |
7th | Provider of wearable tracking devices and apps for individuals | - | - | 46/100 | |
8th | Cascade 2022, Bellevue (United States), Seed | AI-powered platform providing employee assistance | $5.75M | 46/100 | |
9th | Take Command 2014, Dallas (United States), Series B | Online benefit marketplace for employee benefits | $45.6M | 45/100 | |
10th | AccessHMA 1986, Bellevue (United States), Unfunded | Offers provider network platform in Pacific Northwest | - | - | 45/100 |
124th | Array Health Unfunded | Provider of administrative services for self-funded health insurance benefit plans | - | - | - |
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Array Health's Investments and acquisitions
Array Health has made no investments or acquisitions yet.
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