Healthcare Bluebook, a Nashville, TN-based source for healthcare prices, secured a $7m strategic investment from The Martin Companies.
Charlie Martin of the The Martin Companies will serve as a senior advisor to Healthcare Bluebook.
The company intends to use the funds to enhance its growth, as well as introduce new services.
Launched in 2007 and led by Dr. Jeffrey Rice, CEO, Healthcare Bluebook develops price transparency solutions for consumers, self-insured employers, health plans and Third Party Administrators (TPAs).
Its tools aim to help employers and employees save money by enabling consumers to understand local healthcare prices, compare providers on price and quality, and shop for care across the United States.