H1 Acquires Veda to Solve Healthcare’s Provider Data Challenge and Power Better Care

What You Should Know:

–  H1, on a mission to connect the world with the right doctors, today announced that it has acquired Veda Data Solutions, Inc. (Veda). Backed by notable investors like Oak HC/FT and HealthX, Veda provides accurate provider data and automation solutions to health insurance plans.

–  This acquisition tackles one of healthcare’s most fundamental challenges: ensuring accurate information about doctors is available so patients can find the right care.

H1 Advances Vision for a Connected, Accurate Healthcare Ecosystem with Strategic Acquisitions

H1 continues to advance its mission of connecting the world to the right doctors through a powerful data platform that combines advanced analytics and AI. Serving over 200 customers, H1’s solutions drive inclusive clinical research, improve patient outcomes, and support a healthier, more equitable future.

Strategic Expansion through Acquisitions

With the acquisition of Veda—building on its earlier acquisition of Ribbon Health—H1 is creating the industry’s first comprehensive end-to-end provider data platform. This platform integrates provider directories, networks, rosters, credentialing, and overall provider data management. The goal: to eliminate fragmented, outdated provider data and improve how health plans manage critical information.

• For health plans: streamlined provider data infrastructure to support accurate directories and network management
• For providers: reduced administrative burden and improved onboarding and credentialing workflows
• For patients: improved access to care through reliable provider information and enhanced network accuracy

“Accurate provider data is the foundation of effective healthcare delivery,” said Ariel Katz, CEO and co-founder of H1. “By solving this systemic issue, we’re making it easier for everyone to find and access the care they need.”

Recognized Excellence and Market Leadership

H1’s impact and innovation have earned it wide industry recognition:

• Named one of Forbes’ Best Startup Employers
• Listed in the 2024 New York Digital Health 100
• Recipient of the 2024 Fierce Award for Excellence in Data-Driven Diversity Practices

Backed by leading investors including Altimeter, Goldman Sachs Asset Management, and Flex Capital, and ranked among Y Combinator’s Top Private Companies, H1 is poised to transform how healthcare organizations manage and use provider data.