About HCIQ

Health Cost IQ (HCIQ) enables its customers to mine their health plan data and uncover issues such as costly inefficiencies, waste, fraud, and abuse. 

Leveraging its proprietary HealthAnalytIQ software platform, HCIQ can identify problematic utilization patterns and risk trends, forecast future healthcare costs, predict potentially high-use, high-cost members, and identify medical claims payment irregularities and pharmacy utilization inefficiencies. 

Our Story

Health Cost IQ (HCIQ) was inspired by founder Jude Odu’s doctoral research into rising healthcare costs in the United States. He discovered that although wasteful healthcare spending at the national level has hovered around 30% for years, the situation within private employers was far worse. 

In response to this problem, he launched HCIQ. Since the company’s inception, HCIQ’s SaaS platform has identified and helped customers save millions on their annual healthcare spend, with an average cost reduction of 20-30% after the first year. 

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Partners

ACG
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NEWCHIP ACCELERATOR
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mission

Mission

Health Cost IQ strives to significantly reduce health costs by eliminating waste and inefficiencies.

vision

Vision

Health Cost IQ envisions a future where every self-insured entity’s healthcare dollar is spent wisely.

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Careers at HCIQ

We’re looking for innovative, self-motivated individuals to join our team. Whether you’re working out of our main office in Chandler, AZ, or remotely, you’ll enjoy the warm and inviting atmosphere of our team. 

We offer a full range of benefits, including medical, dental, vision, life, retirement, and more. If you’re looking to help drive change in the healthcare industry, then consider our open positions at the link below.

Our Team

Meet Our Experienced
Team Members

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Adit Parasuram

Chief Executive Officer

Biography

Jude-Odu

Jude Odu

Founder, President, and Chief Product Officer

Biography

Holly-Paulk

Holly Paulk

Director of Operations

Biography 

Janaki-Patra

Janaki Patra

Enterprise Data Architect

Biography 

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Thomas Blair

Director of Sales

Biography 

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Nicolaus Schmandt

Data Scientist

Biography 

HCIQ Core Values

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An Entrepreneur Mindset

CoreValues_PressureIsPrivilege

Pressure is a Privilege

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Trust the Process

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Integrity First Approach