The Largest Open Search Engine For Medical Prices On The Web

A Big Data Company Brings Price Transparency to Healthcare Consumers

Dec 03, 2015, 07:00 ET from FairCare, Inc.

SAN FRANCISCO, Dec. 3, 2015 /PRNewswire/ -- FairCare, a medical big data startup company focused on uncovering medical costs, is launching its free and open search engine on the web. Consumers will find prices in every zip code for the ten thousand available medical and dental procedures performed by the nearly four million doctors in the U.S. Extracted from over twenty billion insurance claims, FairCare is the largest open database to shop for care, compare prices and find doctors.

In 2014, the average American family spent $4,065 on out-of-pocket medical expenses, for a total of $340B nationwide. In addition, healthcare prices vary greatly from provider to provider, and are often concealed - a lower-back MRI can cost from $318 to $2450 in a 5-mile radius around Palo Alto, CA. Yet consumers find it nearly impossible to get any medical price information until they receive a usually shocking bill that they have no choice but to pay.

"People can now search for medical procedures, providers or specialties, from any internet connected device, and get informed before choosing a doctor. All they need to do is type faircare.io into the address bar of any browser," says Eric Duprat, CEO and Co-Founder of FairCare. "This is an important step for us. We already have an app for the iOS platform, but being on the web allows us to help more people."

With this launch on the web, FairCare is also enhancing some of the existing search features: its unique auto-fill now displays suggestions for medical specialties, providers and procedures. FairCare has been recognized for using technology to help healthcare consumers:

  • Top 5 most fascinating iOS app at TechCrunch Disrupt (Sep. 2015)
  • Top 3 company at HealthTech Conference in October (Oct. 2015)
  • #1 startup at French Tech Meetup in San Francisco (Nov. 2015)

Founded in December 2014, FairCare, Inc. is a medical big data software company focused on uncovering medical costs, and empowering consumers to make smart healthcare choices. With FairCare, consumers will find medical prices in every zip code in the U.S. Through crowdsourcing and machine learning, FairCare is building the platform for everyone to take control of their medical expenses and achieve substantial savings. To learn more, visit faircare.io.

Contact: Eric Duprat, 650-866-5429, press@faircare.io.

Photo - http://photos.prnewswire.com/prnh/20151203/292882
Video - https://youtu.be/kKHoKydnIqo
Logo - http://photos.prnewswire.com/prnh/20150917/267755LOGO

 

SOURCE FairCare, Inc.



RELATED LINKS

http://www.faircare.io