Insights

Value Based Focus Payformance Solutions specializes in value-based reimbursement and offers turnkey, data-driven software to align payer and provider financial goals with patient outcomes, presenting an opportunity to cross-sell or expand contracts with health plans and hospitals pursuing value-based care.

Healthcare Ecosystem As a neutral third party enabling collaboration between payers and providers, there is potential to broaden contracts with integrated delivery networks, Medicaid/MAHP programs, and regional health plans seeking trust hubs and shared analytics for contract design and evaluation.

Public Sector Tie Being a subsidiary of the nonprofit Altarum Institute signals credibility in government and public-sector health initiatives, suggesting a path to engage public hospitals, state programs, and government-funded health analytics projects.

Technology Stack Current tech stack includes PHP, analytics tooling, and a TrustHub SaaS offering; opportunities exist to upsell data integration, analytics upgrades, and performance optimization services to optimize value-based contracts.

Growth Signals Past leadership changes and recognition as a top place to work indicate momentum; with revenue under one million and a small employee base, there is a compelling case for strategic partnerships, channel partnerships, or pilot programs to scale efficiently.

Similar companies to Payformance Solutions

Payformance Solutions Tech Stack

Payformance Solutions uses 8 technology products and services including ID5, LiteSpeed Cache, Amazon Web Services, and more. Explore Payformance Solutions's tech stack below.

  • ID5
    Advertising
  • LiteSpeed Cache
    Caching
  • Amazon Web Services
    Cloud Hosting
  • Open Graph
    Content Management System
  • Google Cloud
    Infrastructure As A Service
  • Hadoop
    Programming Languages
  • Google Analytics
    Web Analytics
  • FitVids.js
    Web Tools And Plugins

Media & News

Payformance Solutions's Email Address Formats

Payformance Solutions uses at least 1 format(s):
Payformance Solutions Email FormatsExamplePercentage
First.Last@payformancesolutions.comJohn.Doe@payformancesolutions.com
91%
First.MiddleLast@payformancesolutions.comJohn.MichaelDoe@payformancesolutions.com
9%

Frequently Asked Questions

What is Payformance Solutions's official website and social media links?

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Payformance Solutions's official website is payformancesolutions.com and has social profiles on LinkedIn.

How much revenue does Payformance Solutions generate?

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As of July 2026, Payformance Solutions's annual revenue is estimated to be <$1M.

What is Payformance Solutions's NAICS code?

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Payformance Solutions's NAICS code is 62 - Health Care and Social Assistance.

How many employees does Payformance Solutions have currently?

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As of July 2026, Payformance Solutions has approximately 12 employees across 1 continents, including North America. Key team members include Quality Assurance Specialist: S. M.. Explore Payformance Solutions's employee directory with LeadIQ.

What industry does Payformance Solutions belong to?

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Payformance Solutions operates in the Hospital & Health Care industry.

What technology does Payformance Solutions use?

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Payformance Solutions's tech stack includes ID5LiteSpeed CacheAmazon Web ServicesOpen GraphGoogle CloudHadoopGoogle AnalyticsFitVids.js.

What is Payformance Solutions's email format?

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Payformance Solutions's email format typically follows the pattern of First.Last@payformancesolutions.com. Find more Payformance Solutions email formats with LeadIQ.

When was Payformance Solutions founded?

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Payformance Solutions was founded in 2017.
Payformance Solutions logo

Payformance Solutions

Hospital & Health CareIllinois, United States11-50 Employees

Payformance Solutions is a health-tech company based in Chicago, Illinois that focuses on payment transformation in healthcare. It offers proprietary software that uses data to support the design, measurement, and negotiation of value-based reimbursement contracts as a neutral intermediary, with the aim of improving access to care and health outcomes at lower costs.

As a wholly owned subsidiary of Altarum Institute, a nonprofit systems research and consulting organization with a long history in health IT, Payformance operates within the broader healthcare and hospitals and health care industry. Its offerings are aimed at payers and providers seeking greater transparency and alignment of financial goals with patient outcomes, fostering collaboration within a value-based care ecosystem. In January 2019, the company was recognized as one of Chicago's best places to work.

Section iconCompany Overview

NAICS Code
62 - Health Care and Social Assistance
Founded
2017
Employees
11-50

Section iconFunding & Financials

  • <$1M

    Payformance Solutions's revenue is estimated to be in the range of <$1M

Section iconFunding & Financials

  • <$1M

    Payformance Solutions's revenue is estimated to be in the range of <$1M

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