Datavant

Name

Datavant

Legal name

Datavant

Website

https://datavant.com

Company type

Private

Founded year

2014

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Datavant operates the largest U.S. health data collaboration platform, connecting 80,000+ hospitals and clinics, 350+ RWD partners, and 100% of U.S. payers via privacy-preserving tokenization, and serves health plans, providers, life sciences, legal/insurance, and government customers with AI-powered record retrieval, coding, and real-world evidence solutions.

Ownership category

akta.pro rank

Product category

Healthcare Data Interoperability

NAICS

Computer Systems Design and Related Services (54151), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (51821)

SIC

Services-Computer Programming, Data Processing, Etc. (7370), Services-Computer Processing & Data Preparation (7374)

akta.pro primary industry

De-identification, Tokenization & Privacy-Preserving Data Platforms (HLACAIAK)

akta.pro secondary industries

Healthcare Data Integration, ETL/ELT & Pipeline Orchestration (HLACAIAC), Clinical & Claims Data Integration for Population Health (payer-provider data fusion) (HLACAHAI), Consent, Preference & Data Rights Management (incl. HIPAA/GDPR support) (HLACAIAG), Clinical Coding Support (ICD/CPT/SNOMED) & Documentation Compliance Tools (HLACAAAO), Data Linkage, Registries & Longitudinal Cohort Surveillance (HLAJANAM), Data Platform (Unified Data & Analytics) Suites (HDAEABAD)

Keywords

• Health data exchange
• Medical record retrieval
• Privacy-preserving tokenization
• Real-world data linkage
• Clinical trial tokenization

Headquarters

HQ city

Phoenix

HQ country

United States

HQ region

North America

Offices5 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure

Revenue model

1. Platform/Subscription Services: Subscription-based access to Datavant Connect platform for data linkage, tokenization, and privacy solutions. Customers pay for ongoing access to technology and services.
2. Record Retrieval Services: Medical record retrieval services for legal, insurance, and healthcare providers. Revenue generated from per-record retrieval fees and volume-based pricing.
3. Coding Services: HCC coding and HIM coding services for health plans and healthcare providers, helping improve risk adjustment accuracy and reimbursement.
4. Real-World Data Connectivity: Connectivity services linking proprietary data with real-world data partners for life sciences companies, generating revenue from data linkage and analytics services.

Go-to-market motion3 records

Distribution channels3 records

Marketing channels8 records

Core offering

Datavant operates a healthcare data collaboration platform that connects, de-identifies, and exchanges patient-level health data across providers, payers, life sciences companies, legal/insurance requesters, and government agencies. Its core platform, Datavant Connect, applies privacy-preserving tokenization and record linkage across a network of 80,000+ hospitals and clinics, 350+ real-world data partners, and 100% of U.S. payers, complemented by modules for medical record retrieval, HIM/HCC coding, release of information, denial and audit management, clinical trial tokenization, and AI-powered medical record analysis.

Product overview

Datavant operates as a data collaboration platform for healthcare, offering a unified platform-plus-modules architecture centered on Datavant Connect. The core platform provides real-world data connectivity, privacy-preserving tokenization, and patient linkage across the nation's largest health data network (80,000+ hospitals/clinics, 350+ RWD partners). Key products include Datavant Trials for clinical research tokenization, HIM Coding and HCC Coding modules for medical record coding and risk adjustment, Health Data Retrieval and Extraction for EHR data access, Release of Information for compliant PHI exchange, Privacy Hub for de-identification and expert determinations, and ChartSwap (acquired) for legal and insurance record retrieval. The platform enables secure data movement between thousands of healthcare organizations while maintaining HIPAA compliance.

Differentiator

Problem solved

Functional benefit

Brands

• ChartSwap: Platform for record retrieval and medical record intelligence solution for carriers, law firms, and TPAs
• Datavant Connect
• Datavant Trials

Products and services

• Datavant Connect Core data collaboration platform providing privacy-preserving tokenization, record linkage, and retrieval solutions across 350+ RWD partners and 80,000+ hospitals and clinics for health plans, providers, life sciences, legal/insurance, and government.
• Datavant Trials Clinical trial tokenization platform that links trial participants to real-world data sources to support external control arms, rare disease trials, and long-term safety/efficacy evidence collection for life sciences customers.
• HIM Coding Health Information Management coding services that enhance billing accuracy and optimize reimbursements through skilled coders trained in facility and professional fee specialty areas, with real-time insights into coding volume and documentation practices for health systems and providers.
• HCC Coding AI-powered Hierarchical Condition Category coding solution for risk adjustment that enhances coding precision and speed, minimizes RADV and OIG audit exposure, and improves accuracy and completeness of risk adjustment coding for health plans.
• Release of Information Critical patient data request support combining digital technology and staffing services for HIPAA-compliant release of medical records with faster fulfillment, compliance expertise, and improved patient experience for hospitals and health systems.
• Health Data Retrieval Patient health data retrieval from the nation's largest health data network, accessing over 80,000 hospitals and clinics through multichannel retrieval with early digital FHIR access for rapid submissions, used by health plans, life sciences, legal, and insurance requesters.
• Health Data Extraction Data extraction from standardized EHR systems without traditional interface engine limitations, enabling vendor application integration, clinical quality measure submission, and secure external data sharing for healthcare providers.
• Denial Management Complex denial management solution that enhances revenue and profitability by understanding root causes, providing denial educational support, and conducting ongoing operational reviews to prevent systemic recurring denials for healthcare providers.
• Healthcare Audit Management Organization protection from external government and commercial audits (RAC, MAC, QIO, CERT, PERM) with single-solution automation, streamlined collaboration, and certified HIH delivery through CMS ESMD for healthcare providers.
• Privacy Hub Expert-led privacy technology and services including HIPAA Expert Determinations, statistical risk support, unstructured text data sharing, and state de-identification with Opinion Letters for compliance, used across Datavant's healthcare customers.
• ChartSwap Record retrieval and medical record intelligence platform for carriers, law firms, and TPAs enabling faster access to complete medical records with HIPAA-aligned, SOC 2 Type 2 certified, and HITRUST r2 certified infrastructure.
• Clinical Insights Platform AI-powered platform for generating clinical insights and evidence from connected health data for epidemiology studies, natural history characterization, and comparative effectiveness analyses for life sciences and healthcare organizations.
• Health Data Nexus Health data analytics and visualization platform providing insights across the healthcare value chain by unlocking the potential of real-world data through AI-powered workflows.

Quantifiable outcome

• 30-40% reduction in administrative labor per request
• +8 more outcomes

Named customers13 records

Segments7 records

Ideal customer profiles6 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration6 records

AI capability8 records

Feature7 records

Partnerships

Eight partnerships are on record, tiered core and flagship.

• DatabrickscoreTechnology or Integration · 16 June 2026Datavant applications available on Databricks Marketplace for public preview, enabling customers to discover, install, and run third-party data and AI applications directly within their secure Databricks workspaces. Part of 20 partner applications spanning healthcare, advertising, and enterprise app development.
• Savant BiocoreStrategic or Co-development Partner · 1 June 2026Partnership to deliver end-to-end clinical record retrieval and abstraction for high-fidelity real-world data. Combines Datavant's data connectivity with Savant Bio's clinical expertise.
• Lighten PlatformscoreStrategic or Co-development Partner · 19 May 2026Collaboration to enable life sciences organizations to generate regulatory-grade real-world evidence by combining AI-powered curation of unstructured EHR data with Datavant's analytics platform. Produces clinically validated longitudinal patient datasets, compressing work that traditionally takes months into days.
• LabcorpflagshipStrategic or Co-development Partner · 14 April 2026AI-powered real-world data platform for Alzheimer's disease research, developed in partnership with AWS and Datavant. Leverages agentic AI and deidentified patient data to compress months of manual data preparation into minutes. Platform will expand to inflammatory diseases, cardiometabolic conditions, women's health, and oncology.
• Amazon Web Services (AWS)coreTechnology or Integration · 14 April 2026Technology partnership for AI-powered real-world data platform. AWS provides cloud infrastructure and AI capabilities including agentic AI for healthcare data analysis, enabling faster analysis of large healthcare datasets.
• Thermo Fisher ScientificflagshipStrategic or Co-development Partner · 11 February 2026Strategic data collaboration to expand real-world data interoperability and linkage for clinical research. Datavant's privacy-preserving tokenization technology integrates with Thermo Fisher's PPD clinical research business, enabling secure connection of patient-level data across 350+ RWD partners and 80,000 U.S. hospitals and clinics.
• United BioSource Corporation (UBC)coreStrategic or Co-development Partner · 21 November 2025Strategic partnership to improve observational research and patient access programs for pharmaceutical companies. Combines Datavant's privacy-focused data linkage technology with UBC's expertise in real-world evidence and specialty therapies. First joint offerings: Modern Observational Research Study Designs and Enhanced Patient Access Programs.
• athenahealthcoreTechnology or Integration · 28 October 2025Collaboration to automate medical record requests nationwide. Datavant-athenahealth offering provides broader medical record release-of-information coverage through EHR network integration.

Scale indicators21 records

Recent moves7 records

Expansion highlights7 records

Direct peers

• HealthVerity: HealthVerity operates a privacy-preserving health data synchronization and tokenization network (HealthVerity ID) connecting 330M+ patients across 150+ data sources. It is the most direct competitor to Datavant's core tokenization and record-linkage business and was part of Thermo Fisher's June 2026 acquisition announcement alongside Datavant.
• Komodo Health: Komodo Health builds patient-level longitudinal healthcare maps from claims, EHR, and lab data using tokenized patient IDs. It is both a Datavant customer (integrating Datavant's privacy-preserving technology) and a direct competitor in RWD analytics for life sciences.
• TriNetX: TriNetX operates a global federated health research network connecting hundreds of healthcare organizations for clinical trial feasibility, protocol design, and real-world evidence. It competes directly with Datavant Trials in clinical research tokenization and site/data connectivity.
• Health Catalyst: Health Catalyst is a healthcare data and analytics platform serving health systems with data warehousing, population health, and value-based care analytics. It competes with Datavant in provider-side data integration and population health workflows.
• Innovaccer: Innovaccer provides a unified health data platform with record linkage, AI-powered insights, and population health management for providers, payers, and life sciences. It overlaps with Datavant Connect and Health Data Nexus in clinical data integration.

Broad incumbents

• IQVIA: IQVIA is the largest healthcare data, analytics, and clinical research services incumbent with extensive real-world data assets and life sciences relationships. It overlaps with Datavant in RWE, clinical trial tokenization, and life sciences analytics but serves a much broader portfolio of services.
• Optum (UnitedHealth Group): Optum operates one of the largest US healthcare data assets with claims, clinical, and analytics capabilities serving payers, providers, and pharma. It competes broadly with Datavant in RWD, analytics, and life sciences services as part of a much larger diversified portfolio.
• Veradigm (formerly Allscripts): Veradigm is a major EHR and healthcare IT incumbent serving ambulatory and hospital systems, with adjacent data and analytics offerings. It competes with Datavant's EHR integration business and could leverage installed base to challenge on connectivity.

Emerging players

• MRO Corp: MRO Corp is a release-of-information and clinical data exchange provider serving health systems, payers, and legal requesters. It overlaps directly with Datavant's Release of Information and ChartSwap modules in the medical record retrieval market.
• Verisma: Verisma provides release-of-information, audit management, and health information management services to hospitals and health systems. It is a direct competitor in the ROI segment where Datavant serves 70% of top 100 health systems.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks5 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UC06eEFDdM6iQHpSRLfGakxQ
• LinkedInlinkedin.com/company/datavant
• Xx.com/DatavantHQ

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Subsidiaries3 records

Funding overview

Funding rounds4 records

Investors14 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A9 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Datavant