# Chris Severn

> Chris Severn is the co-founder and CEO of Turquoise Health, a San Diego company building software to make healthcare pricing transparent and to simplify the way hospitals and insurers contract and pay each other. After a decade modeling hospital managed-care contracts and running machine learning for payment integrity, he started Turquoise in 2020 with engineer Adam Geitgey, pivoting into federal price-transparency rules just as they took effect. The company has aggregated price data from thousands of hospitals and, in March 2026, raised a $40 million Series C led by Oak HC/FT to become what Severn calls the operating system for healthcare contracts and payments. He also teaches improv comedy and has testified before Congress on price transparency.

- **Role:** Co-Founder & CEO at Turquoise Health
- **Organizations:** Turquoise Health, Arcosta, Cloudmed, Improv Bridge, Amgen
- **Nationality:** American
- **Education:** Business Administration and Management (initially studied Spanish and Portuguese), University of California, Berkeley
- **Known for:** Co-founded and leads Turquoise Health, aggregating price-transparency data from thousands of US hospitals into a central, queryable database, Raised approximately $95M total, including a $40M Series C in March 2026 led by Oak HC/FT with Andreessen Horowitz, Adams Street Partners, and Yosemite, Grew the contract-management platform to 40+ customers including UNC Health and Loma Linda University Health

## Career timeline

- **Early career** — Summer intern at Amgen in global health economics; consulting on hospital underpayments and Medicare pricing
- **2010s** — Product Manager at Cloudmed, modeling hospital managed-care contracts for 10+ years of healthcare finance experience
- **Pre-2020** — Founded Arcosta, a machine learning and automation company for hospital revenue cycle and payment integrity
- **2020** — Co-founded Turquoise Health with software engineer Adam Geitgey; pivoted from surgical payment-variance ML into healthcare price transparency
- **2026** — Led Turquoise Health to a $40M Series C round (March 2026) led by Oak HC/FT, total funding ~$95M

## Achievements

- Co-founded and leads Turquoise Health, aggregating price-transparency data from thousands of US hospitals into a central, queryable database
- Raised approximately $95M total, including a $40M Series C in March 2026 led by Oak HC/FT with Andreessen Horowitz, Adams Street Partners, and Yosemite
- Grew the contract-management platform to 40+ customers including UNC Health and Loma Linda University Health
- Testified before Congress on healthcare price transparency
- Built Turquoise from a pandemic pivot into a multi-sided pricing and payments platform serving patients, providers, payers, employers, and government

## Latest updates

- **2026-03** — Turquoise Health announced a $40M Series C led by Oak HC/FT to expand from price transparency into contract management and payments, bringing total funding to roughly $95M.

## Links

- Website: https://turquoise.health
- LinkedIn: http://www.linkedin.com/in/csevern
- Twitter/X: https://twitter.com/TurquoiseHC

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Profile page: https://yespress.io/chris-severn
Published by YesPress — https://yespress.io
Last updated: 2026-06-14