Proximal Health
- Company typePrivate
- Founded2019
- HeadquartersMinneapolis, United States
- Headcount1–10
- GTM typeB2B
- OfferingServices
Proximal Health firmographics
Firmographics- Name
- Proximal Health
- Legal name
- Proximal
- Website
- https://about.proximal.com
- Company type
- Private
- Founded year
- 2019
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Ownership category
- akta.pro rank
Where Proximal Health is headquartered
LocationHeadquarters
- HQ city
- Minneapolis
- HQ country
- United States
- HQ region
- North America
Markets served
Proximal Health business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Technology or R&D, Personnel, Operations, Marketing or Sales
Revenue model
- Employer/Health Plan Subscription: Proximal operates as an employer-sponsored benefit, with employers, health plans, and brokers subscribing to provide the benefit to their members/employees. The benefit is add-on to existing health plans, not a replacement.
Go-to-market motion1 record
Distribution channels4 records
Marketing channels4 records
Proximal Health product offering
Product offeringCore offering
Proximal Health operates a healthcare navigation platform that helps members find top-ranked specialists based on their specific condition, procedure, specialty, hospital system, doctor name, or location. The service combines specialist matching with cash benefit payments for certain covered hospitalizations and illnesses, allowing members to offset deductibles, copays, and lost income. It is delivered as an add-on employee benefit sold to employers, health plans, and brokers rather than as standalone software.
Product overview
Proximal Health is a healthcare navigation platform delivered as a single, unified product (not a modular platform). The core offering is the Proximal Health Platform, which enables members to search for and connect with top-ranked specialists based on their specific medical conditions. The platform includes a directory of verified specialists, a cash benefit feature for covered hospitalizations and illnesses, and an online claim submission portal. The product is offered as an employer/plan add-on benefit, not as standalone software.
Differentiator
Problem solved
Functional benefit
Products and services
- Proximal Health Platform A healthcare navigation benefit that allows members to search for and connect with top-ranked specialists based on condition, procedure, specialty, hospital system, doctor name, or location; includes proprietary specialist profiles with research-backed expertise summaries, and a cash benefit feature for certain covered hospitalizations and illnesses submitted via an online claims portal with most payments processed within a week.
Quantifiable outcome
- 95% of members meet or beat their goal for return to work or school
Companies that use Proximal Health
Customer profileNamed customers3 records
Segments4 records
Ideal customer profiles3 records
Proximal Health technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Proximal Health partnerships and signals
Strategic signalScale indicators2 records
Recent moves4 records
Expansion highlights3 records
Proximal Health competitors and assessment
Company assessmentDirect peers
- Accolade: Personalized advocacy and healthcare navigation platform sold to employers and health plans. Comparable to Proximal in B2B benefits distribution and member-facing care guidance model.
- Included Health: Employer- and plan-sponsored healthcare navigation and advocacy platform that helps members find specialists and access care. Directly comparable to Proximal in B2B2C employer benefit model and specialist matching focus.
- Rightway: Employer-sponsored healthcare navigation and benefits concierge platform. Directly comparable in channel (employers, brokers, health plans) and in helping members find providers and manage benefits.
- Transcarent: Employer- and health-plan-sponsored platform providing navigation, virtual care, and benefit experiences. Comparable to Proximal in selling to employers and health plans and helping members access specialty care.
- Quantum Health: Healthcare navigation and care coordination platform sold primarily to self-insured employers. Comparable to Proximal in employer-channel distribution and specialist/provider routing for members.
Broad incumbents
- Alight: Large benefits administration and navigation platform serving employers and health plans with concierge and care-finding capabilities. Comparable in employer benefits distribution and member navigation, though much broader in scope.
- Health Advocate: Established employee assistance and healthcare advocacy service offering specialist referrals and care navigation as part of a broader portfolio. Comparable in core activity of helping members find specialists, but with a much wider service menu.
- Castlight Health: Health benefits navigation platform historically sold to large employers and health plans to help members find providers and understand costs. Comparable in navigation model and employer channel.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Proximal Health social profiles
Digital presenceProximal Health financial estimates
Financial estimateRevenue estimate
Valuation estimate
Proximal Health leadership team
Management profileNumber of profiles
Profiles1 record
Proximal Health funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Proximal Health M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Proximal Health
What does Proximal Health do?
Proximal Health operates a healthcare navigation platform that helps members find top-ranked specialists based on their specific condition, procedure, specialty, hospital system, doctor name, or location. The service combines specialist matching with cash benefit payments for certain covered hospitalizations and illnesses, allowing members to offset deductibles, copays, and lost income. It is delivered as an add-on employee benefit sold to employers, health plans, and brokers rather than as standalone software.
Is Proximal Health a public or private company?
Proximal Health is a private company. It is classified as unknown and is currently operating.
When was Proximal Health founded?
Proximal Health was founded in 2019. It employs 1 to 10 people.
Where is Proximal Health based?
Proximal Health is headquartered in Minneapolis, United States, in the North America region.
How does Proximal Health make money?
One revenue line is on record: employer/Health Plan Subscription.
Who are Proximal Health's main competitors?
Direct peers on record are Accolade, Included Health, Rightway, Transcarent and Quantum Health. Broad incumbents are Alight, Health Advocate and Castlight Health.
Does Proximal Health have an API?
No public API is recorded for Proximal Health.