| Market Capitalization (Millions $) |
566 |
| Shares
Outstanding (Millions) |
81 |
| Employees |
2,400 |
| Revenues (TTM) (Millions $) |
447 |
| Net Income (TTM) (Millions $) |
-180 |
| Cash Flow (TTM) (Millions $) |
-44 |
| Capital Exp. (TTM) (Millions $) |
6 |
Business Description
Accolade Inc is a US-based healthcare technology company that provides personalized healthcare assistance to individuals and employees of various corporations. Founded in 2007, Accolade has established itself as a leader in providing technology-enabled healthcare solutions that improve patient outcomes and reduce healthcare costs.
The company's main objective is to provide personalized, proactive support and advocacy to its clients, which helps them navigate the complexities of the healthcare system in order to obtain optimal outcomes. To achieve this, Accolade has developed a platform that integrates various healthcare data sources to provide a complete view of each patient's healthcare history.
The company's services are primarily targeted at two groups: individuals and employees. For individuals, Accolade provides support to help them find the right doctors, schedule appointments, and manage chronic conditions. For employees, Accolade partners with corporations to provide personalized healthcare support to their employees, which helps the employees manage their health and wellness, leading to reduced absenteeism, increased productivity, and lower healthcare costs.
Accolade's solution is designed to be scalable, flexible, and easy to integrate with existing healthcare systems. It uses advanced analytics and machine learning algorithms to identify individuals who are at risk of developing chronic conditions or requiring hospitalization. By intervening early, Accolade can help prevent these conditions from worsening, which leads to lower healthcare costs for patients and employers.
In addition to its core services, Accolade also offers a range of custom solutions for employers, including integration with existing wellness and employee assistance programs, as well as customized communications and marketing materials to promote healthcare education and awareness.
Accolade has received numerous awards and recognitions for its innovative approach to healthcare, including being named one of the "World's Most Innovative Companies" by Fast Company and the "Top AI-Powered Healthcare Company" by Forbes. The company has also raised over $500 million in funding from investors, including Andreessen Horowitz and GV (Google Ventures).
Overall, Accolade is a leading healthcare technology company that is helping individuals and corporations navigate the complexities of the healthcare system to achieve better patient outcomes and lower healthcare costs. Its innovative platform and personalized, proactive approach make it an ideal partner for healthcare providers and employers looking to improve their healthcare offerings.
Company Address: 1201 Third Avenue Seattle 98101 WA
Company Phone Number: 926-8100 Stock Exchange / Ticker: NASDAQ ACCD
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8.89% 
67.92 %