BREAKING: Avant-garde Health audits the operating room - and finds millions in savings $12M Series A led by Fulcrum Equity Partners (2022) One client: $5,900 saved per surgical case 86% reduction in 90-day readmissions reported Named to the Inc. 5000 fastest-growing companies 47 people. 3 continents. One mission: fix healthcare value BREAKING: Avant-garde Health audits the operating room - and finds millions in savings $12M Series A led by Fulcrum Equity Partners (2022) One client: $5,900 saved per surgical case 86% reduction in 90-day readmissions reported Named to the Inc. 5000 fastest-growing companies 47 people. 3 continents. One mission: fix healthcare value
Avant-garde Health logo
Avant-garde Health, photographed in its natural habitat: a logo that has spent a decade staring at hospital spreadsheets and refusing to blink.
YesPress Profile - Health / Analytics

Avant-garde Health

The Boston company that walked into the operating room with a stopwatch, a calculator, and an inconvenient question: what does this surgery actually cost?

EST. 2014 BOSTON, MA CAREMEASUREMENT VALUE-BASED CARE
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Somewhere in an American hospital right now, a surgeon is choosing between two implants. One costs more. Nobody in the room knows whether it is worth it - not really, not with numbers. Avant-garde Health exists because that sentence should embarrass us all.

Walk into a modern operating room and you will find astonishing precision. Sensors track heart rate to the beat. Surgical robots move in fractions of a millimeter. And then there is the money, which floats around in a fog so thick that most hospitals genuinely cannot tell you what a given knee replacement costs them - not the sticker, the true cost: the staff minutes, the supplies, the recovery, the readmission three weeks later. Avant-garde Health is the company that decided this fog was not charming. It was expensive.

The company is small - around 47 people scattered across three continents - and its product has the least glamorous name imaginable: CareMeasurement. But what it does is quietly radical. It takes the data hospitals already have (electronic medical records, financial systems, claims, patient-reported outcomes) and reorganizes it around a single, stubborn idea: every unit of care has a real cost and a real outcome, and you can see both at once if you are willing to do the arithmetic.

"We not only help providers understand their costs - we help them understand their care processes and outcomes in an integrated fashion. That is incredibly powerful."

- Derek Haas, Founder & CEO
Field Note

The arithmetic in question is called Time-Driven Activity-Based Costing, or TDABC. It sounds like a tax form. It was co-developed by Robert Kaplan, the man who gave management the Balanced Scorecard, and Michael Porter, the strategy professor whose name is on half the MBA syllabi in America. Avant-garde turned their whiteboard into software.

The Problem They Saw
An $4 Trillion System That Can't Read Its Own Receipt

Here is the uncomfortable truth at the center of American healthcare: we spend more than any nation on earth and we are remarkably bad at knowing where the money goes. Cost accounting in hospitals was built for billing, not for understanding. It can tell you what to charge. It cannot tell you whether the more expensive surgical tool actually sends patients home faster, or whether a particular operating-room team composition quietly burns thousands of dollars per case.

Surgeons, being human, disagree about almost everything - technique, implants, recovery protocols. What they lacked was not opinion. It was evidence specific enough to argue with. That gap, multiplied across millions of procedures a year, is the problem Avant-garde Health set out to measure. Not solve by decree. Measure - because you cannot improve what you refuse to count.

"We uniquely provide insight into true care-delivery costs: for each patient, what care is delivered, who delivers it, how much time they spend, and what that time costs."

- Derek Haas, on the method

The Founder's Bet
From a Harvard Classroom to a Hospital Loading Dock

Derek Haas did not arrive from nowhere. He earned an MBA from Harvard Business School, where he worked alongside Porter and Kaplan on exactly this question of healthcare value. In 2014 he made the bet that academic research could survive contact with reality - that a methodology elegant on a chalkboard could be wrestled into software that a service-line administrator at a busy hospital would actually open on a Tuesday.

The bet was not that hospitals wanted analytics. Everyone sells hospitals analytics. The bet was narrower and braver: that providers would change their behavior if - and only if - the data was specific, credible, and benchmarked against peers who looked just like them. Vague dashboards inspire nothing. A number that says your hospital spends $2,300 more per case than the one across town, and here is exactly why is harder to ignore.

Origin Detail

Avant-garde began narrow on purpose - knee and hip replacements first. Then spine surgery. Then, methodically, every surgical and procedure-based care area. Seven years of development before declaring the platform complete. The opposite of move-fast-and-break-things, which is reassuring when the things in question are patients.

A Decade of Counting Carefully

// MILESTONE LOG - AVANT-GARDE HEALTH

  • 2014Founded in Boston by Derek Haas, built on Harvard Business School value-based care research with Michael Porter and Robert Kaplan.
  • 2016Early CareMeasurement work centers on orthopedics - knee and hip replacement economics - earning national press attention.
  • 2018-2021Platform expands from spine surgery across additional surgical and procedure-based care areas in close collaboration with provider clients.
  • 2022$12M Series A led by Fulcrum Equity Partners; CareMeasurement declared complete across all surgical care areas.
  • 2025Publishes the Healthcare Research All-Stars report; named to the Inc. 5000 list of fastest-growing private companies.

The Product
What CareMeasurement Actually Does

Strip away the jargon and CareMeasurement is a translator. It ingests the messy, siloed data a hospital already produces and turns it into three answers that used to be invisible: what care was delivered, what it truly cost, and how the outcome compared - to last quarter, to the surgeon down the hall, to hospitals across the country. From there it gets practical: should you buy the pricier tool, who should be on the OR team, which post-operative patterns get patients home faster.

CareMeasurement

The core analytics platform - TDABC costing plus EMR, financial, claims and patient-reported outcomes data, with peer benchmarking.

Surgical Cost Management

Pinpoints savings across supplies, OR time, team composition and post-acute care for each surgical episode.

Coding Optimization

Improves medical coding accuracy so providers capture the reimbursement they have actually earned.

Quality & Outcomes

Tracks length of stay, readmissions and post-acute spending to build improvement playbooks that stick.

"Which small change will improve care quality and reduce cost the most?"

- The question printed across Avant-garde's own front door

The Proof
Numbers That Make Skeptics Quieter

Claims are cheap in health tech. Evidence is not. So here is the evidence Avant-garde Health puts on the table - drawn from its own client reporting, and specific enough to be checked. One hospital reported saving $5,900 per case. Penn State Health's Hershey Medical Center cut its average cost per case by $2,300. The outcome figures are, frankly, the kind that make a board sit up.

$5,900
SAVED PER CASE (LEADING HOSPITAL)
44%
REDUCTION IN LENGTH OF STAY
86%
FEWER 90-DAY READMISSIONS
49%
LOWER POST-ACUTE CARE COSTS

What Clients Report Cutting

// SELECTED OUTCOME REDUCTIONS, AS REPORTED BY AVANT-GARDE HEALTH

90-day readmissions86%
Post-acute costs49%
Length of stay44%
SNF / rehab discharges33%
Surgical supply cost10%

Figures are client-reported outcomes published by Avant-garde Health and reflect specific engagements; results vary by provider.

Backers

The $12M Series A was led by Fulcrum Equity Partners, with Sparta Group and earlier believers General Catalyst, Founder Collective and Tectonic Ventures all writing checks again. Returning investors are the venture equivalent of a customer reorder - the least sentimental vote of confidence there is.

The Mission
Make Value the Default, Not the Exception

Avant-garde's stated mission is almost defiantly plain: fundamentally improve the value of health care. Not disrupt it. Not reinvent it. Improve it, one measured decision at a time. The company also runs a Healthcare Research All-Stars program, an annual report celebrating the hospitals and physicians publishing the most research - a tell about its worldview. This is a company that believes evidence should be rewarded with attention.

"Creating a world in which the best possible cost and quality data guide healthcare delivery for every patient."

- Avant-garde Health, vision statement

Why It Matters Tomorrow
The Stopwatch Is Still Running

Healthcare is drifting, slowly and unevenly, from getting paid for volume to getting paid for value. In that world, the ability to know your true cost and your true outcome stops being a nice dashboard and starts being survival. The hospitals that can answer Avant-garde's blunt question - which small change helps the most - will adapt. The ones still squinting through the fog will pay for it, in dollars and in patients.

So return to that operating room, the one where a surgeon is choosing between two implants. The difference now is small but total: someone in the building can finally answer whether the expensive one is worth it. The fog has not lifted everywhere. But where Avant-garde Health has been, the room can read its own receipt - and that, it turns out, changes what people choose to do next.