Castlight Health Receives Major Funding for Price-Transparency
July 1, 2010 – 12:02 pm by DrEricA recent article in the New York Times (http://dealbook.blogs.nytimes.com/2010/06/11/bringing-comparison-shopping-to-the-doctors-office/?scp=1&sq=castlight,%20price-transparency&st=csedescribes) describes how Castlight Health has raised over $80 million to create a healthcare price-transparency solution for employers and individuals.
Compass has been providing a healthcare price-transparency solution to employers for three years. Castlight’s fundraising further supports the Compass value proposition.
Compass’ 120+ employer clients in 46 states are actively using Compass to shop for lower cost healthcare services. Not only are Compass customers saving money, but they also have higher levels of benefit satisfaction and feel very supported during the paradigm shift to a consumer directed health plan.
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