Insights

Market Positioning Payformance Solutions focuses on value-based reimbursement in healthcare, presenting a compelling cross-payer and provider value proposition. This suggests sales opportunities with health plans seeking to design, measure, and negotiate value-based contracts, as well as provider networks aiming to improve outcomes while controlling costs.

Strategic Partnership As a wholly owned subsidiary of the nonprofit Altarum Institute, Payformance can leverage established public-interest credibility to engage clients that prioritize transparency, social responsibility, and evidence-based payment models, expanding conversations with government contractors and large health systems.

Productive Legacy TrustHub and core value-based reimbursement tooling indicate an existing SaaS offering with data-sharing, collaboration, and contract design capabilities. This aligns with opportunities to upsell to mid-market payer networks and hospital systems seeking turnkey solutions to accelerate value-based transitions.

Talent and Visibility Previous recognition as a top Chicago employer and leadership changes in 2018 point to a growing but lean organization. This signals a need for scalable implementation support, professional services, and partnerships with system integrators to ensure successful deployment for smaller healthcare entities.

Growth Signals Early-stage revenue range and a focused product suite suggest opportunities to target regional health plans, Medicaid managed care organizations, and aligned provider groups in markets with high adoption of value-based contracts, offering both platform licensing and advisory services.

Similar companies to Payformance Solutions

Payformance Solutions Tech Stack

Payformance Solutions uses 8 technology products and services including ID5, LiteSpeed Cache, Open Graph, and more. Explore Payformance Solutions's tech stack below.

  • ID5
    Advertising
  • LiteSpeed Cache
    Caching
  • Open Graph
    Content Management System
  • Element UI
    Javascript Frameworks
  • PHP
    Programming Languages
  • R Project
    Programming Languages
  • Google Analytics
    Web Analytics
  • FitVids.js
    Web Tools And Plugins

Media & News

Payformance Solutions's Email Address Formats

Payformance Solutions uses at least 1 format(s):
Payformance Solutions Email FormatsExamplePercentage
First.Last@payformancesolutions.comJohn.Doe@payformancesolutions.com
91%
First.MiddleLast@payformancesolutions.comJohn.MichaelDoe@payformancesolutions.com
9%

Frequently Asked Questions

Where is Payformance Solutions's headquarters located?

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Payformance Solutions's main headquarters is located at Chicago, Illinois United States. The company has employees across 1 continents, including North America.

What is Payformance Solutions's official website and social media links?

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Payformance Solutions's official website is payformancesolutions.com and has social profiles on LinkedIn.

How much revenue does Payformance Solutions generate?

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As of December 2025, Payformance Solutions's annual revenue is estimated to be <$1M.

What is Payformance Solutions's NAICS code?

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Payformance Solutions's NAICS code is 62 - Health Care and Social Assistance.

How many employees does Payformance Solutions have currently?

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As of December 2025, Payformance Solutions has approximately 12 employees across 1 continents, including North America. Key team members include Ceo: D. A.. Explore Payformance Solutions's employee directory with LeadIQ.

What industry does Payformance Solutions belong to?

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Payformance Solutions operates in the Hospitals and Health Care industry.

What technology does Payformance Solutions use?

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Payformance Solutions's tech stack includes ID5LiteSpeed CacheOpen GraphElement UIPHPR ProjectGoogle AnalyticsFitVids.js.

What is Payformance Solutions's email format?

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Payformance Solutions's email format typically follows the pattern of First.Last@payformancesolutions.com. Find more Payformance Solutions email formats with LeadIQ.

When was Payformance Solutions founded?

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Payformance Solutions was founded in 2017.
Payformance Solutions logo

Payformance Solutions

Hospitals and Health CareIllinois, United States11-50 Employees

Payformance Solutions is a health-tech company based in Chicago, Illinois that focuses on payment transformation in healthcare. It offers proprietary software that uses data to support the design, measurement, and negotiation of value-based reimbursement contracts as a neutral intermediary, with the aim of improving access to care and health outcomes at lower costs.

As a wholly owned subsidiary of Altarum Institute, a nonprofit systems research and consulting organization with a long history in health IT, Payformance operates within the broader healthcare and hospitals and health care industry. Its offerings are aimed at payers and providers seeking greater transparency and alignment of financial goals with patient outcomes, fostering collaboration within a value-based care ecosystem. In January 2019, the company was recognized as one of Chicago's best places to work.

Section iconCompany Overview

Headquarters
Chicago, Illinois United States
NAICS Code
62 - Health Care and Social Assistance
Founded
2017
Employees
11-50

Section iconFunding & Financials

  • <$1M

    Payformance Solutions's revenue is estimated to be in the range of <$1M

Section iconFunding & Financials

  • <$1M

    Payformance Solutions's revenue is estimated to be in the range of <$1M

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