Details

Last Funding Type

Series C

Last Funding Money Raised

$10M

Industries

Health Care,Marketing,Medical Device

Founded date

Jan 1, 2004

Number Of Employee

251 - 500

Operating Status

Active

IPG is a provider of Surgical Cost Management Solutions in the US, IPG is delivering on its mission of improving the quality and affordability of surgical care.

The $155+ Billion Medical Device Market is highly fragmented and many players in this rapidly growing market sometimes have misaligned and competing incentives and priorities. This is why such significant cost variation exists when it comes to surgical care. Additionally, the selection of the specific device and the location where the procedure is performed dramatically impacts the total cost of care.

This all leads to higher than necessary surgical costs. IPG works closely with their health plan partners to provide transparency on surgical costs, robust analytics and the necessary device and site of care expertise needed to better navigate and manage this complex and growing area of healthcare. With IPG’s programs, patients receive more affordable, high quality surgical care.

IPG works with the leading national and regional health plans across the country, representing over 100 million lives. We have partnerships with thousands of surgery centers and hospitals nationally, and a breadth of contracted device manufacturers covering virtually all devices.

When a surgical procedure with an implant is performed, such as a knee replacement, rotator cuff repair or spinal fusion, IPG aligns incentives and provides in-depth analytics, expertise and solutions that assist in driving the right device selection, at the right cost and at a more cost effective and high-quality site of care, resulting in improved quality while significantly reducing surgical costs for health plans and their members.