Actuarial models sit at the center of the $3.6T healthcare market and are used for pricing between payers and providers, contract structuring, performance monitoring and more. These models are built on 30-year-old tech stacks (mostly Excel), are built from the ground up each time, and are static. Accorded is building the tools to automate, scale, and democratize access to the core actuarial and financial capabilities that drive U.S. healthcare spend. Demand for actuarial services are growing because of at least two major factors — the move to value-based care forces providers to take on more risk, and the proliferation of specialty providers creates demand from payers who are newly responsible for evaluating more options. Accorded has assembled a great team of actuary and technical talent from Blue Shield and Collective Health to execute on this vision.