Lucent Health
Health benefit administration and care management for self-insured employers.
Company facts
- Founded
- 2014
- Employees
- 400
- Headquarters
- United States
- CEO
- Aadam Hussain
- Type
- Private
- Funding
- Series A · $36M · 2017
- Subsidiaries
- Narus Health, Capitol Administrators, North America Administrators
About
Lucent Health is a leading third-party administrator and healthcare risk management firm headquartered in Nashville, Tennessee. Founded in 2014, the company has grown to become one of the nation's largest independent TPAs, delivering vertically integrated health solutions to self-insured employers across 41 states. The company combines best-in-the-industry claims management with a compassionate, human-focused, data-driven care management solution. Lucent Health provides comprehensive services including Complex Care Management, Large Case Management, Utilization Management, and Concierge Care to help health plan participants make smarter, cost-saving healthcare decisions. With over 200,000 members served and approximately 300 employees, Lucent Health leverages advanced analytics and technology platforms to provide transparency into health plan spending. The company offers pharmacy solutions through Lucent Health Rx and Lucent Health SpecialtyRx, helping organizations nationwide reduce costs while creating better experiences for their employees. Employers working with Lucent Health typically save 25-30% on health benefits in their first year, with subsequent year cost growth held to less than 3% compared to the national average of 6-8%. The company's data-driven approach ensures participants receive the right care, at the right cost, at the right time.