Hospital & Health Care - Los Altos, California, United States
Founded in December 2014, FairCare Inc. is a medical big data company focused on uncovering medical costs and empowering consumers to make smart choices about their healthcare. The average family spent $4,000 for their out-of-pocket medical expenses in 2014, for a total nationwide of $340B. Yet consumers find it nearly impossible to get any medical price information until they receive a usually shocking bill they have not choice but to pay.With FairCare, consumers will find prices in every zip code for the ten thousand available medical procedures performed by the nearly four million doctors in the U.S. Consumers can now start shopping for their healthcare and achieve substantial savings – this will have a direct impact of the cost of health insurance paid either by themselves or their employers. Through crowdsourcing and machine learning, FairCare is building the platform for everyone to start taking control of their medical expenses.FairCare, uncovering medical costs, together.
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