Preverity
Preverity is a Nashville-based healthcare analytics company that provides AI-powered, provider-level risk intelligence to U.S. medical malpractice insurance carriers, leveraging a proprietary dataset of 80+ billion healthcare transactions covering 80% of U.S. medical providers.
- Company typePrivate
- Founded2016
- HeadquartersNashville, United States
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What Preverity does
Preverity is a Nashville-based healthcare data analytics company that provides provider-level risk intelligence primarily to U.S. medical malpractice insurance carriers. Founded in 2016, the company operates as a subsidiary of Sentact following its 2025 merger with Hardenbergh Group (backed by BV Investment). The company's core platform aggregates and analyzes a proprietary dataset of over 80 billion medical and pharmaceutical billing transactions spanning 80% of U.S. medical providers, stored in a 1.3 petabyte database supplemented by 1.5 million physician years of malpractice event history. The company processes this structured healthcare transaction data through AI-powered predictive analytics to generate provider-level risk predictions that inform underwriting decisions, premium pricing, and renewal prioritization for its carrier customers.
The product portfolio is organized around five interconnected underwriting and risk management solutions: Provider Insight & Engagement, Streamlined Renewals, Profitable Underwriting, Risk-Aligned Premiums, and Match Risk Classes Appropriately. In October 2024, Preverity extended its platform into the hospital vertical through an AI-Powered Patient Safety Report co-developed with Juice Analytics. The company generates revenue through custom-priced annual subscriptions to its analytics platform, sold through a consultative, demo-driven enterprise sales motion. Its customers include medical malpractice insurance carriers such as Positive Physicians and State Volunteer Mutual Insurance Company (SVMIC), and the company is led by co-founders Larry Van Horn (Ph.D.) and Gene Boerger.
Preverity firmographics
Firmographics- Name
- Preverity
- Legal name
- Preverity
- Website
- https://preverity.com
- Company type
- Private
- Founded year
- 2016
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Preverity is a Nashville-based healthcare analytics company that provides AI-powered, provider-level risk intelligence to U.S. medical malpractice insurance carriers, leveraging a proprietary dataset of 80+ billion healthcare transactions covering 80% of U.S. medical providers.
- Ownership category
- akta.pro rank
Preverity industry classification
Industry- Product category
- Healthcare Risk Analytics Software
- NAICS
- Information (51)
- SIC
- Services-Prepackaged Software (7372), Services-Computer Programming, Data Processing, Etc. (7370)
- akta.pro primary industry
- Denials Management & Appeals (HLACACAH)
Keywords
Where Preverity is headquartered
LocationHeadquarters
- HQ city
- Nashville
- HQ country
- United States
- HQ region
- North America
Markets served
Preverity business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Infrastructure, Operations, Marketing or Sales
Revenue model
- Risk Analytics and Underwriting Intelligence: Preverity provides data-driven insights and risk analytics to medical malpractice insurance carriers. The revenue model involves providing customized provider-level analyses to support underwriting and risk management decisions. Carriers pay for strategic predictive insights that enable smarter business decisions around provider practice patterns and premium optimization.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Custom enterprise pricing for insurance carriers |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels3 records
Preverity product offering
Product offeringCore offering
Preverity provides an AI-powered analytics platform that aggregates and analyzes more than 100 billion medical and pharmaceutical billing transactions covering 80% of U.S. medical providers. It delivers customized, provider-level risk predictions and underwriting intelligence to medical malpractice insurance carriers, enabling them to price premiums, prescreen providers, streamline renewals, and respond to emerging risk behaviors.
Product overview
Preverity is a data-driven underwriting and risk management platform for medical malpractice insurance carriers. The platform provides a unified suite of five interconnected solutions: Provider Insight & Engagement, Streamlined Renewals, Profitable Underwriting, Risk-Aligned Premiums, and Match Risk Classes Appropriately. Additionally, Preverity offers an AI-Powered Patient Safety Report developed in partnership with Juice Analytics. The platform aggregates and analyzes data from 100+ billion medical and pharmaceutical billing transactions across 80% of U.S. medical providers to deliver provider-level risk predictions.
Differentiator
Problem solved
Functional benefit
Products and services
- Provider Insight & Engagement Solution that helps medical malpractice insurance carriers have more informed conversations with healthcare providers by identifying providers whose practices have changed and understanding the nature of the change to focus and expedite renewal discussions.
- Streamlined Renewals Solution that reduces administrative burden for medical malpractice insurance carriers by streamlining renewals for low-risk providers through automated workflows.
- Profitable Underwriting Solution that consolidates carrier data into fewer systems and develops modifiable rules to prescreen providers, identify those requiring review, and respond to emerging risk behaviors.
- Risk-Aligned Premiums Solution that provides medical malpractice insurance carriers a deeper understanding of provider behavior to more closely align premiums with observed risks.
- Match Risk Classes Appropriately Solution that enables quick analysis of every provider to ensure risk classes are matched correctly and premiums are optimized for medical malpractice insurance carriers.
- AI-Powered Patient Safety Report AI-powered reporting solution co-developed with Juice Analytics that helps hospitals identify and mitigate patient safety risk by leveraging insights from over 80 billion healthcare transactions.
Quantifiable outcome
- 80+ billion healthcare transactions analyzed for risk insights
- +3 more outcomes
Companies that use Preverity
Customer profileNamed customers2 records
Segments2 records
Ideal customer profiles2 records
Preverity technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability5 records
Feature4 records
Preverity partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core.
- Hardenbergh GroupcoreHardenbergh Group, backed by BV Investment, merged with Sentact and Preverity as part of a strategic expansion in the healthcare technology sector. The merger combines Hardenbergh Group's capabilities with Sentact's patient safety solutions and Preverity's risk analytics platform.
- Juice AnalyticscorePreverity and Juice Analytics partnered to launch an AI-powered Patient Safety Report designed to help hospitals identify and mitigate risk. The solution leverages insights from over 80 billion healthcare transactions to provide actionable patient safety intelligence.
Scale indicators4 records
Recent moves4 records
Expansion highlights4 records
Preverity competitors and assessment
Company assessmentDirect peers
- Definitive Healthcare: Definitive Healthcare provides commercial intelligence and analytics on healthcare providers, including data used by medical device, pharma, and healthcare-services companies. It is comparable as a direct peer operating in healthcare provider analytics, serving commercial customers that rely on deep provider-level data.
- Innovaccer: Innovaccer offers a healthcare data platform that unifies clinical, claims, and social data for payers, providers, and life sciences companies. It is comparable as a direct peer building provider- and population-level analytics on top of aggregated healthcare transaction data.
- Arcadia: Arcadia provides a healthcare data platform that aggregates clinical and claims data for payers, providers, and ACOs to support risk stratification and population health. It is comparable as a direct peer offering analytics over large healthcare datasets for risk-based decision-making.
- Cotiviti: Cotiviti applies analytics to healthcare payment integrity, claims editing, and risk adjustment for payers and providers. It is comparable as a direct peer that processes large-scale healthcare transaction data and applies analytics to support risk and payment decisions across the healthcare ecosystem.
- Health Catalyst: Health Catalyst is a healthcare data and analytics platform that aggregates clinical, financial, and operational data for hospitals and health systems. It is comparable as a direct peer offering analytics on large healthcare datasets, though primarily oriented to providers rather than insurance carriers.
- Clarify Health Solutions: Clarify Health provides analytics on provider performance, network design, and risk for payers and life sciences companies. It is comparable as a direct peer applying analytics over large healthcare datasets to support risk-bearing decision-making by commercial healthcare customers.
Broad incumbents
- Verisk Analytics: Verisk is a large analytics provider serving the insurance industry with proprietary data assets, predictive models, and underwriting tools. It is comparable as a broad incumbent offering provider- and claims-level analytics used by insurance carriers, including for risk selection and pricing across multiple lines.
- Optum (UnitedHealth Group): Optum is the health-services and analytics arm of UnitedHealth Group, applying data, AI, and analytics across payer, provider, and pharmacy customers. It is comparable as a broad incumbent with very large healthcare datasets and analytics capabilities that compete for risk-management and underwriting-adjacent workloads.
- LexisNexis Risk Solutions: LexisNexis Risk Solutions provides healthcare provider data, identity analytics, and risk scoring used by insurers for underwriting and fraud detection. It is comparable as a broad incumbent offering provider-level data and analytics consumed by insurance carriers, though across a much wider set of verticals than Preverity's medical malpractice focus.
Others
- ProAssurance: ProAssurance is a major medical malpractice insurance carrier formed via the combination of ProAssurance and NORCAL Mutual. It is comparable as an adjacent, customer-side company that operates in the same medical malpractice insurance ecosystem where Preverity's analytics are deployed.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Preverity social profiles
Digital presencePreverity financial estimates
Financial estimateRevenue estimate
Valuation estimate
Preverity leadership team
Management profileNumber of profiles
Profiles2 records
Preverity funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Preverity 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 Preverity
What does Preverity do?
Preverity provides an AI-powered analytics platform that aggregates and analyzes more than 100 billion medical and pharmaceutical billing transactions covering 80% of U.S. medical providers. It delivers customized, provider-level risk predictions and underwriting intelligence to medical malpractice insurance carriers, enabling them to price premiums, prescreen providers, streamline renewals, and respond to emerging risk behaviors.
Is Preverity a public or private company?
Preverity is a private company. It is classified as corporate owned and is currently operating.
When was Preverity founded?
Preverity was founded in 2016. It employs 11 to 50 people.
Where is Preverity based?
Preverity is headquartered in Nashville, United States, in the North America region.
How does Preverity make money?
One revenue line is on record: risk Analytics and Underwriting Intelligence.
Who are Preverity's main competitors?
Direct peers on record are Definitive Healthcare, Innovaccer, Arcadia, Cotiviti, Health Catalyst and Clarify Health Solutions. Broad incumbents are Verisk Analytics, Optum (UnitedHealth Group) and LexisNexis Risk Solutions. ProAssurance is listed as an others.
Does Preverity have an API?
No public API is recorded for Preverity.
What industry is Preverity in?
Preverity's product category is Healthcare Risk Analytics Software. Its primary akta.pro industry code is HLACACAH, Denials Management & Appeals. Its NAICS code is 51 and its SIC code is 7372.