Ciox Health

What Ciox Health does

Ciox Health, founded in 1976 and headquartered in Alpharetta, Georgia, merged with Datavant in 2021 and now operates as a wholly owned division under the Datavant brand. The combined company builds the largest health data retrieval network in the United States, connecting 80,000+ provider sites, 100% of U.S. payers (directly or through customers), and 350+ real-world data partners, with 20,000+ digital FHIR endpoints. Annually, more than 60 million medical records and 1,500 terabytes of data move across the platform, and 1 trillion records are tokenized for privacy-preserving exchange.

The technology core is Datavant Connect, a tokenization and privacy-preserving record linkage platform that converts personally identifiable information into irreversible, site-specific tokens and applies machine-learning-based patient matching across disparate datasets. It is wrapped by modular solutions for linkage, privacy (HIPAA Expert Determinations and statistical de-identification), and retrieval, plus Datavant Trials for clinical research and a Clinical Insights Platform for evidence generation. AI capabilities include LLM-powered clinical data abstraction, context-aware agentic workflows grounded in proprietary clinical data, predictive analytics for risk adjustment, and digital-first automation that achieves 98% AI accuracy and 97.6% inpatient coding accuracy.

Revenue is generated across five streams: transaction-fee health data exchange and release-of-information services; subscription and usage-based access to Datavant Connect for tokenization and connectivity; professional-services HCC and risk-adjustment coding for health plans; LLM-powered clinical abstraction for life sciences evidence generation; and transaction-fee claims intelligence and record analysis through ChartSwap for legal and insurance buyers. The business is sold primarily through enterprise field sales to large health systems, health plans, life sciences, and legal/insurance buyers, with pricing quoted annually on volume and use-case basis. The company holds Best in KLAS designations across coding and risk adjustment in both 2025 and 2026 and is certified to HIPAA, SOC II Type 2, HITRUST r2, and FedRAMP standards.

Name

Ciox Health

Legal name

Datavant

Website

https://datavant.com

Company type

Private

Founded year

1976

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Ciox Health, operating as Datavant, runs the largest U.S. health data retrieval and tokenization network, connecting 80,000+ provider sites, 100% of U.S. payers, and 350+ data partners. It serves health plans, providers, life sciences, legal/insurance, and government buyers via subscription, transaction, and professional-services revenue models.

Ownership category

akta.pro rank

Product category

Healthcare Data Interoperability

NAICS

Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518)

SIC

Services-Computer Processing & Data Preparation (7374)

akta.pro primary industry

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

akta.pro secondary industries

Data Access, Sharing & Marketplace Platforms (incl. TEFCA/QHIN enablement) (HLACAIAL), Healthcare Data Integration, ETL/ELT & Pipeline Orchestration (HLACAIAC), Payer-Provider Data Exchange (X12, prior auth, claims/clinical attachment) (HLACABAK), Data Aggregation, Interoperability & APIs for RPM (FHIR/IoMT Gateways) (HLACAFAO)

Keywords

• Healthcare data exchange
• Medical record retrieval
• Release of information
• Risk adjustment coding
• Privacy-preserving record linkage

Headquarters

HQ city

Alpharetta

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, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Health Data Exchange and Release of Information: Fees for medical record retrieval and release-of-information services, serving providers, health plans, legal, and insurance clients. Supports health information management workflows, compliance, and data access across the healthcare ecosystem.
2. Real-World Data Connectivity Platform (Subscription/Usage): Subscription-based access to Datavant Connect platform for data tokenization, linkage, and ecosystem connectivity, with fees based on data volume, number of partners connected, and scope of use cases. Used by life sciences, health plans, and data analytics companies.
3. HCC / Risk Adjustment Coding Services: AI-powered hierarchical condition category (HCC) coding and risk adjustment services for health plans, supporting prospective and retrospective risk assessment, HEDIS, and CMS Star ratings improvement.
4. Clinical Data Abstraction and Insights: LLM-powered clinical data abstraction services turning unstructured medical records into structured, analysis-ready data for life sciences evidence generation, clinical trials, and HEOR studies.
5. Claims Intelligence and Medical Record Analysis: Record retrieval, indexing, chronology, and analysis for legal and insurance professionals, including AI-powered record summaries and expert witness coordination through the ChartSwap platform.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels9 records

Core offering

Ciox Health (now operating within Datavant) provides healthcare information management and data collaboration services, including medical record retrieval, release of information (ROI), health information management (HIM) coding, and HCC/risk adjustment coding. Its Datavant Connect platform enables privacy-preserving record linkage via tokenization, connecting 80,000+ provider sites, 100% of U.S. payers, and 350+ real-world data partners for secure exchange of patient-level health data.

Product overview

Datavant (formerly Ciox Health following merger) operates as a data collaboration platform with a platform-plus-modules architecture. The core platform is Datavant Connect, which provides tokenization software, privacy-preserving record linkage, and connectivity infrastructure. This core platform is supplemented by specialized modules including Linkage Solutions (privacy-preserving patient matching), Privacy Solutions (HIPAA Expert Determinations, de-identification), and Retrieval Solutions (access to 80K+ provider network). Additional service offerings span Health Data Retrieval, Release of Information, Health Data Extraction, HIM Coding, HCC Coding (risk adjustment), Denial Management, and Healthcare Audit Management. The company also operates ChartSwap, a platform for legal and insurance medical record retrieval, and maintains a Real-World Data Ecosystem of 350+ data partners. The company enables more than 60 million healthcare records to move between thousands of organizations annually.

Differentiator

Problem solved

Functional benefit

Brands

• ChartSwap: Platform for legal and insurance professionals to request, track, retrieve, and pay for medical records
• Datavant Connect
• Datavant Trials

Products and services

• Datavant Connect Core data collaboration platform providing tokenization software, privacy-preserving record linkage, and connectivity infrastructure that enables organizations to match patient records across datasets without sharing personally identifiable information (PII). Used by health plans, providers, life sciences, and analytics companies.
• ChartSwap Platform for medical record retrieval and claims organization serving legal and insurance professionals, offering record retrieval, discovery, claims organization, expert witness services, and AI-powered summaries. Used by insurance carriers, law firms, and third-party administrators (TPAs).
• Health Data Retrieval Service finding patient health data from the largest health data network through 80,000+ hospitals and clinics and 20,000+ digital FHIR connections. Serves health plans, providers, life sciences, legal, and insurance clients.
• Release of Information End-to-end release of information workflow supporting critical patient data requests through digital automation and value-added services, built on HIPAA-aligned, SOC II Type 2, and HITRUST r2 certified infrastructure. Serves healthcare providers and requesters.
• Health Data Extraction Service extracting standardized health data across electronic health records (EHRs) without the limitations and complexities of traditional interface engines. Supports clinical data acquisition for analytics and insights.
• HIM Coding Health Information Management coding services providing accurate billing, optimized reimbursements, and regulatory compliance with skilled coders trained in facility and professional fee specialty areas. Achieved 97.6% average inpatient coding accuracy in 2025.
• HCC Coding Hierarchical Condition Category (HCC) coding for risk adjustment using AI-based workflows and services to enhance coding accuracy, completeness, and efficiency. Supports prospective and retrospective risk assessment, HEDIS, and CMS Star ratings improvement for health plans.
• Denial Management Service that manages complex current denials and prevents systemic recurring denials through root cause analysis and operational efficiency improvements for healthcare providers.
• Healthcare Audit Management Service protecting organizations from external audits including government and commercial post- and pre-pay audits (RAC, MAC, QIO) with automated tracking from requests to resolution.
• Real-World Data Ecosystem Gateway to seamless, compliant data connectivity with 350+ real-world data partners, enabling organizations to find fit-for-purpose data, assess dataset overlaps, and collaborate securely without transferring PHI. Connects data buyers with data sellers.
• Datavant Trials Clinical trial tokenization and data connectivity platform for linking trial data with real-world data sources for comprehensive patient journey understanding. Used by pharmaceutical companies, biotech firms, and CROs.
• Clinical Insights Platform Platform for generating clinical insights and evidence from connected real-world data sources. Supports evidence generation, HEOR studies, and clinical research analytics.
• Health Data Nexus Data connectivity platform for healthcare analytics and insights generation, enabling organizations to connect disparate datasets securely.

Quantifiable outcome

• Saves up to 39% of the time spent on manual medical record review with AI-powered analysis
• +5 more outcomes

Named customers18 records

Segments6 records

Ideal customer profiles6 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

AI capability8 records

Feature7 records

Partnerships

Ten partnerships are on record, tiered core.

• Agentic AI FoundationcoreStrategic or Co-development Partner · 25 June 2026Datavant joined the Agentic AI Foundation to advocate for open standards in healthcare AI. Brings expertise from working with 80,000 healthcare providers, 100% of U.S. payers, and the top 20 life sciences companies to extend AIUC-1 trust framework to healthcare.
• AIUC-1 ConsortiumcoreStrategic or Co-development Partner · 3 June 2026Datavant joined the AIUC-1 consortium developing standards for agentic AI safety, security, and reliability. Contributing expertise from its network of healthcare providers and payers to develop trust frameworks applicable to healthcare AI deployments.
• Lighten PlatformscoreTechnology or Integration · 18 May 2026Partnership to deliver regulatory-grade EHR curation for real-world evidence generation. Lighten's AI-native clinical intelligence platform transforms raw clinical data into evidence-grade insights at scale, integrated with Datavant's data connectivity infrastructure.
• Savant BiocoreStrategic or Co-development Partner · 17 December 2025Partnership unifies clinical record retrieval and LLM-powered abstraction into a seamless workflow for structured, analysis-ready data at scale. Combines Datavant's privacy-first retrieval and linkage infrastructure with Savant Bio's automated, provenance-rich abstraction technology to create an end-to-end path from raw clinical records to structured data. Delivered through a single, privacy-preserving workflow with human-in-the-loop validation and domain-specific quality controls.
• Amazon Web Services (AWS)coreTechnology or IntegrationTechnology integration partnership where Datavant's tokenization and patient matching capabilities are paired with AWS Clean Rooms, enabling healthcare organizations to analyze patient journeys without sharing underlying data. AWS Clean Rooms enables privacy-preserving collaboration.
• ParexelcoreTechnology or IntegrationClinical research partnership enabling Parexel to link disparate datasets and drive complex analyses for innovative scientific and clinical data strategies using Datavant's data connectivity platform.
• Komodo HealthcoreTechnology or IntegrationData partnership enabling Komodo Health's Integrity platform to securely and easily connect to a growing number of relevant health datasets while protecting patient privacy through Datavant's technology.
• National COVID Cohort Collaborative (N3C)coreStrategic or Co-development PartnerN3C is a major NIH initiative where Datavant's technology enables national data linkage for collaborative COVID-19 research analytics. Datavant's privacy-preserving record linkages are foundational to the success of N3C, enabling researchers to learn from patient outcomes while protecting individual privacy.
• PCORnetcoreStrategic or Co-development PartnerPatient-Centered Clinical Research Network partnership. Datavant serves as a key data linkage partner in PCORnet, contributing to national research infrastructure for patient-centered outcomes research.
• All of Us Research ProgramcoreStrategic or Co-development PartnerContributing data connectivity and linkage capabilities to the NIH All of Us Research Program, a landmark effort to advance precision medicine by building one of the most diverse health databases.

Scale indicators16 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Veradigm (Allscripts): Healthcare IT vendor offering EHR, practice management, and data analytics across provider and life science segments. Comparable in clinical data exchange, payer-provider connectivity, and health data monetization services.
• Oracle Health (Cerner): Major EHR and healthcare data platform following Oracle's acquisition of Cerner, with large-scale clinical data, interoperability, and population health offerings. Competes with Datavant in provider-side data exchange and longitudinal patient records.
• Epic Systems: Dominant EHR vendor operating the largest hospital electronic medical record footprint in the U.S. with its own Care Everywhere and TEFCA-aligned interoperability network. Competes with Datavant on data exchange and increasingly on record linkage and de-identification.
• IQVIA: Largest contract research organization and healthcare data analytics company with deep real-world evidence, clinical trial, and commercial analytics offerings. Competes with Datavant in life sciences RWE and payer analytics as a broad incumbent with overlapping de-identification and linkage capabilities.

Direct peers

• HealthVerity: Healthcare data connectivity and identity resolution platform offering privacy-preserving record linkage, de-identification, and a real-world data marketplace. Closely comparable to Datavant Connect in technology, customer segments (life sciences, payers, providers), and ecosystem approach.
• Komodo Health: Healthcare data and analytics platform that links patient-level records across providers, payers, and life sciences using privacy-preserving technologies. Directly comparable to Datavant's RWD ecosystem, real-world data partnerships, and tokenization-driven linkage model.
• TriNetX: Global health research network linking real-world patient data from hospitals and providers for clinical research and trial optimization. Comparable as a Datavant partner and adjacent network for clinical trial tokenization and real-world evidence generation.
• Health Catalyst: Healthcare data and analytics platform providing data warehousing, population health, and value-based care analytics to providers and payers. Comparable in healthcare data infrastructure, interoperability focus, and enterprise health system customer base.

Emerging players

• Medidata (Dassault Systèmes): Clinical trial technology and real-world data platform owned by Dassault Systèmes, focused on life sciences clinical development. Comparable in life sciences customer overlap and trial-to-real-world-data tokenization initiatives.

Others

• AWS Clean Rooms (Amazon Web Services): Cloud-based privacy-preserving data collaboration service from AWS that Datavant directly integrates with. Functionally adjacent rather than direct: AWS provides the compute substrate while Datavant provides the healthcare-specific tokenization and linkage layer on top.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

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

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Subsidiaries1 record

Funding overview

Funding rounds2 records

Investors3 records

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

M&A3 records

Investments

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

Frequently asked questions about Ciox Health