Castlight Health is a San Francisco based health tech company. Castlight works with dozens of large employers to help workers navigate their health benefits with its online tools. Castlight is headquartered in San Francisco and is traded on the New York Stock Exchange as CSLT.
The Castlight platform is licensed through a business-to-business-based subscription model. Only employees of companies that have purchased subscriptions have access to the Castlight platform, but Anthem Blue Cross will provide commercial members with access to Castlight's core transparency tool. In 2012 the company secured $100 million in investment funds. In 2014 the company had its initial public offering, valued at $2 billion, which attracted criticism for being part of an economic bubble. The stock has steadily declined from its IPO price and has lost more than 90% of its value.
Video Castlight Health
Contributions to Research
Castlight Health has developed a number of research papers in conjunction with outside parties in regards to health and healthcare issues.
Association between availability of health service prices and payments for these services
The study shows that patients who use a transparency application to research healthcare prices pay less for certain services.
Computerized Physician Order Entry (CPOE) Systems and Medication Errors
The report examines the use of CPOE systems for prescribers to enter medication orders into a computer system and transmit them electronically to a pharmacy. Studies suggest CPOE systems can substantially reduce medication errors, the most common mistakes made in hospitals.
Maps Castlight Health
References
External links
- Official website
Source of the article : Wikipedia
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