Today Castlight Health®, Inc. (NYSE: CSLT) announced the
availability of the Castlight
Enterprise Healthcare Cloud featuring four new Solution Centers. The
Solution Centers provide a set of applications and services that enable
employers to deliver cost-effective benefits, provide medical
professionals and health plans a merit-based market to showcase their
services, and - most importantly - empower employees to make informed
healthcare choices with a clear understanding of costs and likely
outcomes. The Castlight Platform and the Castlight Data Interchange
power each Solution Center.
"As a global information and measurement company, we are focused on
delivering actionable insights and innovative solutions that bring
ongoing value to our clients," said Brendon Perkins, vice president,
Global Benefits and Mobility for Nielsen. "Similarly, Castlight's
Enterprise Healthcare Cloud brings great value to our business by
connecting our associates to health and benefits-related resources they
need to make informed decisions."
"With today's announcement about the Enterprise Healthcare Cloud we
usher in a new era in American healthcare," said Giovanni Colella, M.D.,
co-founder and CEO of Castlight Health. "The Castlight Cloud builds on
our pioneering transparency work - work that has served as an important
starting point on the journey to create a merit-based healthcare market.
Now, it's time to cure enterprise healthcare. Because enterprise
healthcare is not going to fix itself."
Four New Solution Centers Meet Employer Needs
Four new Solution Centers are part of the Castlight Enterprise
Healthcare Cloud, built explicitly to meet the needs of large
self-insured employers in the United States. Each new Solution Center
will be delivered through an enhanced, integrated technology
architecture and updated user interfaces to provide a seamless user
Castlight Insights provides dashboards, reports, and analytics to
pinpoint opportunities to eliminate wasteful healthcare spending and
poor quality outcomes. This new Solution Center will allow business and
benefits executives to move from receiving disparate reports from
multiple sources - which often lack synergy with the entire benefits
strategy - to a single source of record for enterprise healthcare with
advanced analytics identifying how to optimize for cost and employee
As part of the Castlight Insights Solution Center, Castlight is
introducing the availability of an integrated dashboard of key
performance metrics that will provide an at-a-glance overview of
employee activity in Castlight. This advanced analytics capability is
expected to be available in 2015. The dashboard is the next evolution of
the company's best practice reports. These reports, available now,
deliver high value analytics and actionable insights including Reference
Based Pricing and Rewards opportunity analysis, emergency room avoidance
analysis, on-site clinic analysis, and high spender analysis.
Castlight Controls empowers employers with a comprehensive set of
management controls and the ability to design, optimize, and scale
benefits, increasing effectiveness of benefit programs and maximizing
healthcare investments. Through controls such as Referece Based Pricing
and Rewards, benefit leaders can now free themselves from the
constraints of current benefit options to innovate new benefit designs
that drive selection of high quality, affordable care.
Castlight Connect integrates third-party solutions to enable employees
to discover and access services such as on-site clinics, telehealth,
Health Savings Account (HSA) providers, and more. Deploying this
Castlight Solution Center empowers businesses to move away from a
fragmented set of underutilized vendor programs to providing a "one stop
shop" for employees. Employees can then better take advantage of these
resources when they need them, thereby increasing the programs value to
the employee and return on investment to the employer.
Castlight Care provides employees and their families with user-friendly
web and mobile access to the personalized information they need to make
better healthcare decisions. Castlight Care is available to users across
a variety of platforms including web, iOS, Android, Windows Mobile, the
Castlight Guide live telephonic service, and is available in Spanish on
mobile devices. Built on a foundation of transparency, Castlight Care
eliminates surprises and enables employees to make informed decisions
about their healthcare, taking full advantage of all of the benefits
their employer offers to get the most value out of the healthcare system.
As part of the Castlight Care Solution Center, Castlight is introducing
Castlight Dental. Castlight Dental is a shopping experience to manage
costs and find the best dental care; it integrates seamlessly into
Castlight Medical and Castlight
Pharmacy for a unified employee experience regardless of plan
administrator. Castlight Dental is expected to be available in the
second half of 2014.
A Scalable Platform and Robust Engine Power the Enterprise Healthcare
At the heart of the Castlight Enterprise Healthcare Cloud is the
Castlight Platform and the Castlight Data Interchange.
The Castlight Platform provides a robust and highly secure cloud
platform that scales to meet the requirements of the largest
enterprises, integrates with major health plans and providers, and
seamlessly works with vendors from across the healthcare ecosystem.
Castlight applications are purpose built from the ground up on an
innovative and highly adaptive foundation of modern cloud technologies
delivering a highly available and secure multi-tenant cloud-based
The Castlight Data Interchange brings together external data from the
entire healthcare ecosystem and combines it with internal data generated
from use of Castlight applications. The Castlight Data Interchange
relates medical, pharmacy, and dental claims, provider directories,
national, and regional quality data, employer and employee information,
and other healthcare related data in a single database. The Castlight
database already includes more than one billion healthcare claims and is
a source for generating actionable analytics.
"Great healthcare builds great business," said Colella. "Castlight
believes that new technology will cure the healthcare system to deliver
the best outcomes for American families. The Enterprise Healthcare Cloud
is designed to revolutionize the way businesses manage healthcare, just
as cloud technology did in markets such as Enterprise Resource Planning,
Customer Relationship Management, Security, and Human Resource
About Castlight Health
Castlight Health, Inc. (NYSE: CSLT) believes great healthcare builds
great business. The Castlight Enterprise Healthcare Cloud enables
employers to deliver cost-effective
benefits, provides medical professionals and health plans
a merit-based market to showcase their services, and - most importantly
- empowers employees and their families to make informed choices with a
clear understanding of likely costs and outcomes. For more information
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Source: Castlight Health.
Safe Harbor for Forward-Looking Statements
This press release contains forward-looking statements about Castlight
Health's expectations, plans, intentions, and strategies, including, but
not limited to, statements regarding future innovation by the company
and future developments with respect to the digital healthcare industry.
Statements including words such as "anticipate," "believe," "estimate,"
"expect," or "future," and statements in the future tense are
forward-looking statements. These forward-looking statements involve
risks and uncertainties, as well as assumptions, which, if they do not
fully materialize or prove incorrect, could cause our results to differ
materially from those expressed or implied by such forward-looking
statements. The risks and uncertainties include those described in
Castlight Health's documents filed with or furnished to the Securities
and Exchange Commission. All forward-looking statements in this press
release are based on information available to Castlight Health as of the
date hereof. Castlight Health assumes no obligation to update these
Copyright 2014 Castlight Health, Inc. Castlight Health is the
registered trademark of Castlight Health Inc. Other company and product
names may be trademarks of the respective companies with which they are
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