Risalto Health

What Risalto Health does

Risalto Health is a New York-based digital healthcare company founded in 2016 by Dan Pizzarello, MD that operates a musculoskeletal (MSK) care coordination platform. The platform combines three integrated capabilities: independent expert-led care pathway guidance for back, neck, shoulder, knee, and hip pain; digital therapy paired with personal coaching to reduce pain and avoid unnecessary surgery; and prior authorization management tools that significantly reduce administrative burden for providers. The product is positioned as a single unified platform rather than a modular portfolio and is delivered to three distinct customer segments — health plans (primary), surgeons, and primary care physicians.

The company generates revenue through managed services contracts with health insurance plans for MSK care management and through provider network engagements that include care coordination, prior auth handling, and patient priming for surgical outcomes. Go-to-market is enterprise field sales targeting health plan decision-makers and provider network leaders, supported by a sales-led motion, content marketing on the company website, and LinkedIn presence. The platform is sold on outcomes including reported 40-60% pain reduction and 90%+ patient satisfaction, with a stated value proposition of addressing the 30% of MSK spend attributable to low-value or inefficient care.

Risalto has raised $8.5 million across a 2018 seed and 2019 Series A, both led by Health Catalyst Capital with Oxeon Partners. The company operates at 11-50 employees and is led by Pizzarello (formerly McKinsey) alongside President Randy Hutchinson (former COO of AIM Specialty Health/Anthem), CMO Dave Jevsevar MD (Chair of Orthopaedics, Geisel/Dartmouth), Chief Scientist Zoë Weil (Mindful Machines co-founder), and Head of Growth Nancy Powers (former CGO at Quartet Health). The board includes Brad Wilson (former CEO of Blue Cross Blue Shield of North Carolina), Charles Boorady (Founding MD of Health Catalyst Capital), and David Whelan (Oxeon Ventures).

Name

Risalto Health

Legal name

Risalto Health

Website

https://risaltohealth.com

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

11–50 employees

Short description

Risalto Health is a digital musculoskeletal care coordination platform founded in 2016 that combines independent expert clinical guidance, evidence-based care pathways, digital therapy, and personal coaching to serve health plans, surgeons, and primary care physicians in reducing low-value MSK spend.

Ownership category

akta.pro rank

Product category

Musculoskeletal Care Management

NAICS

Home Health Care Services (62161), Health and Welfare Funds (525120)

SIC

Services-Health Services (8000), Services-Misc Health & Allied Services, Nec (8090)

akta.pro primary industry

Virtual PT/OT/MSK & Rehab Programs (Payer-Sponsored) (HLALACAI)

akta.pro secondary industries

Allied Health & Rehab Referral Platforms (PT/OT/SLP) (HLALALAI), Musculoskeletal (MSK) & Physical Therapy Virtual Care (HLALADAC)

Keywords

• Musculoskeletal care management
• Digital care coordination
• Value-based care
• Care pathway guidance
• Prior authorization management

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Health Plan Contracts: Revenue generated through contracts with health insurance plans for MSK care management services, reducing unnecessary surgeries and improving patient outcomes
2. Provider Network Services: Services to surgeons and PCPs including care coordination, prior auth management, and patient priming for better surgical outcomes

Go-to-market motion2 records

Distribution channels2 records

Marketing channels2 records

Core offering

Risalto Health provides a digital musculoskeletal (MSK) care coordination platform that combines independent expert clinical guidance, evidence-based care pathways, digital therapy tools, and personal coaching to help patients manage back, neck, shoulder, knee, and hip pain. The company sells managed-service contracts to health plans and integrates with surgeon and primary care provider networks to reduce low-value care, eliminate prior authorization burdens, and improve surgical outcomes.

Product overview

Risalto Health offers a single, unified digital care coordination platform for musculoskeletal (MSK) conditions affecting the back, neck, shoulder, knee, and hip. The platform serves multiple stakeholders — health plans, surgeons, and primary care providers (PCPs) — through a combination of independent expert clinical guidance, evidence-based care pathway selection, digital therapy tools, and personal coaching. It is presented as a single integrated platform rather than a modular product portfolio with separately named offerings. The platform is designed to help patients avoid unnecessary surgery and achieve better outcomes when surgery is necessary.

Differentiator

Problem solved

Functional benefit

Products and services

• Risalto Health Platform A unified digital MSK care coordination platform combining independent expert clinical guidance, evidence-based care pathways, digital therapy tools, and personal coaching to help patients manage back, neck, shoulder, knee, and hip pain; sold to health plans and integrated with surgeon and PCP networks.

Quantifiable outcome

• 40-60% pain reduction
• +3 more outcomes

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Hinge Health: Category-leading digital MSK platform combining wearable sensors, digital exercise therapy, and coaching for back, joint, and chronic pain. Directly competes with Risalto for the same payer and employer contracts and serves as the primary benchmark for the digital MSK category.
• Sword Health: Digital MSK and pelvic health platform pairing AI-powered virtual therapists with human clinicians; serves health plans, employers, and providers. Competes head-to-head with Risalto in payer-sponsored MSK care with a similar digital therapy plus coaching model.
• Kaia Health: Digital therapeutics company for MSK pain and chronic conditions, offering app-based self-management programs with coaching. Targets the same health plan and employer buyers as Risalto with an overlapping MSK pain management focus.
• RecoveryOne: Digital MSK recovery platform offering virtual physical therapy, coaching, and remote therapeutic monitoring to health plans and employers. Closely aligned with Risalto on payer-sponsored MSK care delivery model.
• Quartet Health: Value-based care coordination platform connecting payers, PCPs, and behavioral health providers. Highly comparable GTM and buyer (health plans), and Risalto's Head of Growth Nancy Powers was previously Chief Growth Officer at Quartet.

Broad incumbents

• Omada Health: Established virtual care platform for chronic conditions (diabetes, hypertension, MSK) sold primarily through health plans and employers. MSK is one line within a broader chronic-condition portfolio, making it a broader incumbent vs. Risalto's MSK-only focus.
• DarioHealth: Digital chronic condition management platform spanning diabetes, hypertension, weight, and MSK. Offers a single multi-condition platform that competes with Risalto for the same health plan and employer dollars in MSK.
• Accolade: Healthcare navigation and virtual care platform sold to large employers and health plans. Risalto's advisor Alan Spiro co-founded Accolade, and the companies share a payer/employer distribution motion, though Accolade is broader and includes MSK as a small subset.
• EviCore (Evernorth/Cigna): Specialty care management platform owned by Evernorth (Cigna) providing utilization management and care pathway solutions across MSK, radiology, and other specialties. Risalto advisor Vince Coppola ran Triad/MedSolutions which became EviCore, directly linking the companies.
• Included Health: Integrated virtual care and navigation platform serving health plans and employers across primary care, mental health, and specialty care. Comparable in addressing health plan medical loss ratio through care coordination, though broader in scope than Risalto.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/risalto-health

Revenue estimate

Valuation estimate

Number of profiles

Profiles26 records

Funding overview

Funding rounds2 records

Investors2 records

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

M&A

Investments

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

Frequently asked questions about Risalto Health