CareEvolution Inc

CareEvolution Inc is a healthcare data platform and interoperability company founded in 2000 that focuses on health information exchange (HIE) infrastructure, data aggregation, and FHIR-based integration solutions rather than serving as a traditional ambulatory EMR vendor. The company's flagship products include MyDataHelps (patient-facing data collection and research platform), Fabric (enterprise health data aggregation and normalization), and HealthSparq (healthcare cost transparency and benefit management solutions).

The company serves healthcare enterprises, research institutions, life sciences companies, health plans, and health systems that need to aggregate, normalize, and exchange healthcare data from disparate sources. CareEvolution's platform specializes in connecting data from over 750,000 provider locations across the United States through integration with major EHR vendors and participation in national interoperability networks including Carequality, CommonWell Health Alliance, and TEFCA/eHealth Exchange frameworks.

CareEvolution differentiates itself through its FHIR-native architecture and focus on real-world data aggregation rather than clinical documentation. The platform normalizes data from multiple source systems into standardized FHIR resources, enabling analytics, research, population health management, and patient engagement use cases. The company has particular strength in chronic disease management programs, clinical research, and decentralized clinical trials, with deployments supporting studies for major pharmaceutical companies and academic medical centers.

Technically, CareEvolution operates as a cloud-based SaaS platform with both Azure and multi-cloud deployment options. The platform processes billions of clinical transactions annually and maintains one of the largest aggregated patient databases in the United States. The company's MyDataHelps platform has been used in hundreds of research studies and supports mobile-first patient-reported outcomes collection, wearable device integration, and ePRO/eCOA capabilities.

Target customers include ACOs, CINs, health plans, pharmaceutical companies conducting real-world evidence studies, digital health companies requiring EHR connectivity, and health systems implementing population health strategies. The platform is vendor-agnostic and designed to complement rather than replace existing EMR systems. CareEvolution maintains ONC certification for its health IT modules and holds SOC 2 Type II, HITRUST CSF, and DirectTrust accreditation. The company was acquired by PerkinElmer in 2019 and subsequently became part of BridgeBio's precision medicine portfolio in 2022, though it continues to operate independently serving the broader healthcare market.