Top 10 Companies That Develop Solutions for Social Determinants of Health - U.S.
Nine companies have been identified that address solutions in the social determinants of health (SDOH) field. Those companies are Humana, Health Care Services Corporation, Genentech, Epic Systems, NorthShore University HealthSystem, ProMedica, Pieces Tech, Healthify, and Shore Quality Partners. There was limited data available identifying companies that address SDOH; however, I was able to create a list based on available news reports and other data. I discuss the research and present the findings below.
While SDOH might seem like a specific focus by which to classify solutions developed by U.S. companies, the construct is actually one of the largest parameters available that frame healthcare outcomes regarding interventions and programs. For instance, SDOH could be a focus applied to programs regarding lead poisoning, food insecurity, chronic diseases like diabetes, racial health disparities, loneliness, and violence, to name a mere few; that is the theoretical, health research focus on SDOH and it is quite broad. However, as this request appears to be based more on “company” activities and solutions, I focused the SDOH angle on, first, finding out what newsworthy companies were doing in the SDOH space.
I found that this more theoretical framework was starting to be operationalized by many types of companies, often in response to the U.S. health imperative called Healthy People 2020 and new Medicare reimbursement rules that focus on healthcare quality and reducing costs. As a result, the service structure of this somewhat burgeoning SDOH for-profit industry is equally varied and broad. For instance, a company like Healthify notes that it “helps organizations address the social determinants of health” by offering a platform that finds community services, tracks social needs, and coordinates referrals. Another company, Vivify Health, focuses its SDOH offerings on the population health market and remote care operations through a digitized platform for patients and providers. Additionally, hospitals and health systems are the usual end-user for SDOH solutions but they also develop solutions on their own and/or work with community partners that provide services.
The previous examples illustrated that additional criteria were needed to aid in narrowing the focus of this research because, in addition to there being no industry reports or trusted media sources that ranked companies focused on SDOH, there were also too many companies offering too wide an array of solutions to reliably offer a carefully curated and ranked list. So, I reviewed industry research from PwC and Deloitte that noted coordination and collaboration between patients, providers, and payers was key in affecting SDOH. Each organization also noted that the ability to collect and analyze health data was vital to the success of SDOH programming. I also reviewed research from The Commonwealth Fund that noted population health was a major focus for federal healthcare. Likewise, Cerner, a healthcare technology startup, in an effort to revamp their products with the changing focus on SDOH, reported that they were “in the early stages of applying SDOH to [their] EHR and population management applications.”
All of this brought me to a necessary assumption that top companies in the SDOH arena are likely focused on population health and/or care coordination with an ability to cull the data for outcomes and impact. Given this approach, I conducted a second pass through the available research to identify a precompiled list of top companies focused on SDOH, population health, and/or coordination of services; these additional searches produced no applicable results.
Since data might also be extremely limited because SDOH is considered the new “hot topic” in the healthcare arena, my final strategy involved reviewing recent news reports on the SDOH industry and individually selecting the companies that were offering SDOH solutions in the population health space and/or the coordination of services arena. The companies selected are listed below (ranked according to revenue), as well as presented in the attached spreadsheet. Please note, however, because of the time allotted for one request, the broad span of the SDOH field, and the limited availability of information, the nine companies listed represent a very wide span of the healthcare sector. Also, it should be noted that while every effort was made to locate key clients for each company, many of them (like health plans) serve individual members or patients, in general, which made listing their customers not applicable.
TOP SDOH COMPANIES
4. Epic Systems
7. Pieces Tech
While the scope and details provided in this request prevented a full listing of the top 10 SDOH-focused companies, I was able to review available news reports finding the more prominent companies operating in the SDOH space. Official data on top companies may be impeded by the fact that SDOH is a new and valuable trend in the healthcare arena, and many companies that operate in that sector may be just gearing up to begin offering services, apps, and software tailored to address specific SDOH-related outcomes (e.g., Cerner). Still, the nine companies identified in this request are provided in the attached spreadsheet along with their founding date, description, website address, revenue, key clients, and additional sources.