Cobalt Analytics
Business Consulting and ServicesUtah, United States2-10 Employees
Cobalt Analytics is a small consulting firm based in Bountiful, Utah, that focuses on helping dentists and other specialty medical practices improve profitability from insurance reimbursements. The company emphasizes analyzing practice costs and insurance plans to identify which plans and procedures are most financially advantageous, with the aim of informing pricing and staffing decisions to enhance take-home pay. Its services target practice managers and administrators seeking practical strategies to optimize revenue from insurance plans while reducing workload related to insurance administration. Founded in 2010, Cobalt Analytics positions itself within the business consulting and services sector, offering a structured profitability analysis and guidance on pricing, plan selection, and potential office membership models. A notable aspect of its approach is a patent-pending profitability analysis that accounts for a practice’s specific costs to determine profitability at the plan and procedure level. A recent development mentioned is a continued emphasis on providing actionable steps to improve insurance profitability for medical practices.