Payformance Solutions

Payformance Solutions is a healthcare technology company that specializes in value-based reimbursement solutions. The company's flagship platform, OnlyPay, provides payers and providers with the analytical tools and infrastructure needed to design, evaluate, and manage value-based care contracts. By automating the calculation of performance metrics and financial settlements, Payformance helps healthcare organizations transition from fee-for-service to value-based payment models. The company was acquired by Signify Health in 2021 to enhance their suite of payment and care coordination services. Their technology focuses on aligning financial incentives with clinical outcomes to improve the overall quality of care.