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Candid Health: A Transformative Force in Digital Health

Candid Health has recently achieved a significant milestone by being named to the 2026 New York Digital Health 100 (DH100). This annual recognition, curated by Digital Health New York (DHNY), honors the most trailblazing and impactful digital health startups in the New York area. By spotlighting innovative companies, this list aims to forge a pathway toward a more effective and efficient healthcare system.

As a revenue cycle automation platform, Candid Health is changing the landscape of traditional healthcare claims processing. Their approach aims to eliminate administrative inefficiencies that cost providers billions each year, allowing them to focus more on patient care and less on bureaucratic obstacles. The company's CEO, Nick Perry, emphasizes a proactive approach to revenue cycle management, showcasing how Candid is stepping ahead of the curve in modernizing healthcare infrastructure.

Now in its seventh year, the DH100 recognizes not only new entrants but also long-standing members who have demonstrated substantial contributions over the years. This year’s list includes 48 newcomers tackling some of the most pressing challenges faced by the healthcare sector. Candid Health stands out among them for its commitment to solving the urgent issues related to billing and payment processes—areas often fraught with complications and delays.

The release of the 2026 New York Healthcare Innovation Report, accompanying the DH100, dives into investment trends and emerging market dynamics within the digital health ecosystem. According to Bunny Ellerin, co-founder and CEO of DHNY, the 2026 roster indicates a market shift from mere experimentation to actionable execution, emphasizing scalable solutions that effectively enhance patient outcomes.

With over 95% of its claims processed touchlessly and payer net collection rates reaching upwards of 97%, Candid has vastly improved the efficiency of claims submission and payment collection. This performance can largely be attributed to their innovative technology that allows healthcare providers to automate and streamline their billing practices. In 2025 alone, Candid Health nearly tripled their claims volume and expanded their operations to over 200 provider organizations across various specialties. This growth underscores their dedication to enhancing the financial health of the medical sector, shifting resources from administrative tasks back to direct patient care.

The healthcare industry is at a critical juncture, with many organizations embracing digital transformation to keep pace with evolving patient needs and regulatory requirements. As healthcare providers increasingly seek solutions that cut costs without compromising care quality, Candid Health's role in facilitating these changes cannot be overstated. Their platform not only simplifies the billing process but also ensures that healthcare providers receive their payments accurately and on time.

Candid's founders, Nick Perry, Doug Proctor, and Adam Reis, have set a clear mission—to alleviate the burdens of medical billing to allow healthcare professionals to concentrate on delivering exemplary care. They have successfully garnered the trust of more than 200 leading healthcare organizations, positioning themselves as a pivotal player in the digital health space.

In a few short years, Candid Health has captured the attention of notable venture capital firms such as Oak HC/FT, 8VC, First Round Capital, and Y Combinator, each recognizing the company’s potential to make a significant impact on healthcare's financial infrastructure. As the digital health landscape continues to evolve, Candid is poised to remain at the forefront of this transformation.

For individuals interested in a deeper insight into the current state of digital health initiatives in New York, the 2026 New York Healthcare Innovation Report is available for download, offering a comprehensive overview of the landscape.

With its innovative approach, Candid Health not only addresses current issues plaguing healthcare billing but is also laying the groundwork for a future where administrative friction is minimized, allowing patients to receive care more efficiently. The recognition by the DH100 is not just a badge of honor for Candid Health, but a testament to the company's ongoing commitment to innovating the healthcare system for the better.

For more information about Candid Health and its services, visit candidhealth.com.