"Healthcare companies need simple ways to unleash the powerful data sitting in the healthcare system, and we can use PokitDok to help our payer clients better connect with and support families through a mobile experience,” said Leah Sparks, co-founder and CEO, Wildflower Health. Incubated at Rock Health, Wildflower Health produces mobile programs, like Due Date Plus, that connect families to the healthcare system so they can make smart decisions about cost, care and preventative health.
Enrollment in high deductible plans with health savings accounts tripled over the last five years, reaching more than 13.5 million, according to America’s Health Insurance Plans (AHIP), the national association representing health insurers. Consumers are paying for more of their basic care out of their own pocket and raising questions about fair costs. Payers, health providers and employer groups alike are looking for ways to help ensure consumer health dollars are spent wisely with tools that allow them to discover, shop and pay for care up-front. The same programs provide revenue stabilization to health providers at a time when they are seeing bills lost to collections each month. PokitDok Platform makes data and systems available in an entirely new way, with tools and programming language support for Python, C#, PHP, Ruby and real-time interfaces that improve healthcare delivery, drive down costs and propagate innovation.
“There is so much waste in the current health claims reimbursement process, which can be streamlined to maximize value for the patient and revenue to the health provider,” said Lisa Maki, co-founder and CEO, PokitDok. “There are literally billions of dollars lost to collections or inefficient reimbursement processes that can be saved through simple and effective wellness and e-commerce solutions like ours and the ones using our API. Treatment doesn’t have to be this costly for consumers and providers who deserve to be swiftly compensated for care. This is a data arbitrage problem the PokitDok Platform solves today.”
PokitDok Platform is available immediately for developers at payers, health systems and digital health companies at platform.pokitdok.com.
Founded in 2011, PokitDok facilitates healthcare purchases by connecting consumers directly with practitioners in a transparent, e-commerce experience. PokitDok provides enterprise access to market driven provider, treatment and price information for Employers, Payers and Health networks seeking to reduce expenses and recapture lost reimbursements. PokitDok also provides an e-commerce storefront for practitioners seeking to market their services and enable consumers to pay for treatment up front. For consumers to shop for a doctor, service or request a price quote, go to PokitDok.com or download the app on the Apple App Store or Google Play Store. PokitDok is based in San Mateo, CA and Charleston, SC and backed by New Atlantic Ventures, Rogers Venture Partners, and Subtraction Capital.