as nyse cslt founded 2008 key people giovanni colella md co founder and ceo website www.castlighthealth.com castlight health is a san francisco based healthcare information company . 1 the company was founded in 2008 and offers enterprise healthcare technology allowing employees to compare healthcare providers across a variety of metrics to optimize pricing and quality . 2 3 the castlight platform is licensed through a business to business based subscription model . only employees of companies that have purchased subscriptions have access to the castlight platform but anthem blue cross will provide its commercial members with access to castlight s core transparency tool . 4 in 2012 the company secured 100 million in investment funds . 2 in 2014 the company had its initial public offering 5 valued at 2 billion which attracted criticism for being part of a potential economic bubble . 6 contributions to research edit castlight health has developed a number of research papers in conjunction with outside parties in regards to health and healthcare issues . association between availability of health service prices and payments for these services 7 the study shows that patients who use a transparency application to research healthcare prices pay less for those services 13 % less for advanced imaging and 14 % less for laboratory tests . hand hygiene safe practices 8 the report examines hand hygiene policies and accountability requirements in hospitals . forrester consulting survey managing the healthcare crisis 9 the report studies healthcare utilization at large businesses and highlights causes for cost overruns . hospitals fail to meet national nursing workforce standard 10 the percentage of hospitals that meet all 21 of leapfrog nursing workforce safe practices grew from 52 percent in 2013 to 60 percent in 2014 . despite this increase two in five reporting hospitals did not fully meet leapfrog standards . computerized physician order entry cpoe systems and medication errors 11 the report examines the use of cpoe systems for prescribers to enter medication orders into a computer system and transmit them electronically to a pharmacy . studies suggest cpoe systems can substantially reduce medication errors the most common mistakes made in hospitals . references edit healthcare 2.0 october 2012 inc. page 58 63 a b rip empson castlight lands a whopping 100m d round to bring transparency to healthcare costs may 1 2012 techcrunch christina farr new health data outs doctors whose patients die more often ; health care consumers are in the dark july 5 2013 venture beat anthem blue cross and blue shield and castlight health announce strategic collaboration . press release . november 4 2015 . retrieved november 4 2015 . u.s. ipo recap castlight health s 149 % pop shows healthy tech demand . seeking alpha . march 18 2014 . retrieved 20 march 2014 . hay timothy march 29 2014 . veteran vc says beware of health it bubble not enough actual business plans . wall street journal . retrieved 29 march 2014 . association between availability of health service prices and payments for these services . the journal of the american medical association . hand hygiene safe practices . leapfrog group . managing the healthcare crisis . forrester reports . leapfrog nursing best practices pdf . leapfrog group . computerized physician order entry cpoe systems and medication errors pdf . leapfrog group . moukheiber zina march 14 2014 . health it soars with castlight health ipo . forbes . retrieved 18 march 2014 . krantz matt march 14 2014 . castlight health ipo soars 149 % in debut . usa today . retrieved 18 march 2014 . hay timothy march 29 2014 . veteran vc says beware of health it bubble not enough actual business plans . wall street journal . retrieved 29 march 2014 . antoine gara march 20 2014 . castlight health ipo illuminates bubble discussion . the street . retrieved 20 march 2014 . external links edit official website retrieved from https en.wikipedia.org w index.php title castlight health & oldid 743698066 categories health care companies of the united statescompanies based in san franciscocompanies listed on the new york stock exchangehidden categories pages using infobox company with unsupported parameters navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages add links this page was last modified on 10 october 2016 at 19 37 . text is available under the creative commons attribution sharealike license ; additional terms may apply . by using this site you agree to the terms of use and privacy policy . wikipedia is a registered trademark of the wikimedia foundation inc. a non profit organization . privacy policy about wikipedia disclaimers contact wikipedia developers cookie statement mobile view