The Hyve Health Story
Hyve Health was founded by healthcare industry innovators seeking to create technology for the collective good of healthcare. And we're well on our way!
2005
From Impossible to Possible
Hyve Health is led by Travis Gentry, who co-founded Financial Healthcare Systems (FHS Corp) in 2005. FHS Corp was the pioneer of healthcare transparency, bringing their patient estimation tool, ClearQuote® to market. This unprecedented product was installed in hospitals across the country to provide a contractual estimate of a patient’s expected out of pocket.
2011
FHS Corp and ClearQuote sold
Now working for a credit bureau, Travis Gentry understands how data is combined to create a consumer credit score. The idea of combining hospital payer data to create a payer credit score incubates.
2017
Hyve Health Formed
Travis Gentry takes his payer scorecard idea and starts Hyve Health, bringing in financial and technology leaders to create a trifecta of knowledge.
2020
Insight CMS Transparency Created
Insight CMS Transparency created to meet CMS Hospital Price Transparency mandate effective 1/1/21 using our team’s extensive knowledge on payer contracts, historical data, and claim/remit analysis. A few ex-FHS employees join the team.
2021
Vitality Payer Scorecard
Realizing the need to further transparency within the healthcare community specific to payer payments, the Vitality Payer Scorecard was launched in partnership with the American Hospital Association.
2022
GFE & Collectyve Health
The Hyve – GFE Exchange™ was created and Collectyve Health born to address the complicated task of providing timely, comprehensive, and complete Good Faith Estimates.
Meanwhile Vitality Payer Scorecard is gaining momentum with State Hospital Association adoption. More former FHS employees sign on, getting the band back together to lead the charge in innovation.
2023
Insight CMS Transparency Enhanced
Always in the forefront of innovation, Insight CMS Transparency is enhanced to meet CMS new regulations announced in 2024 for July 1, 2024 and January 1, 2025 enforcement.
2024
MRF Viewer Created
Understanding the challenge providers face with vetting their machine readable files, MRF Viewer was created to enable them to efficiently review their organization's MRF.
More hospitals sign on for the Vitality Payer Scorecard and Hyve Health partners with HFMA.
Today
Our Colony Grows
With more than 1,000 hospitals as well as the American Hospital Association (AHA), Healthcare Financial Management Association (HFMA), and 25+ state hospitals associations participating, our vision of a more transparent healthcare industry is becoming a reality.