Reddenda is the rate-intelligence infrastructure of American healthcare.
We stitched hundreds of millions of federally disclosed negotiated prices to verified provider identity and reduced them to one score, one index, and one set of exhibits that both sides of a negotiation can trust. Healthcare is the first vault, not the last: the same method reads every dataset America publishes but cannot interpret.
Why now
Federal transparency law forced every negotiated healthcare price in America into public, machine-readable files starting in 2022. Regulation manufactured the raw material and named developers as the intended user. The tailwind is bipartisan.
Why us
The files are the commodity; the verified interpretation layer is the asset. Registry-verified identity joins, ghost-rate stripping, intact provenance, and two time-accruing ledgers that exist in no public filing anywhere.
Why it holds
A bounded standard everyone cites, a covenant no payer-funded rival can copy, and a free surface whose accuracy grows with every user. Method ancestry: the bounded score of FICO, the frozen index of Case-Shiller, the verified collection of CoStar, the free estimate of Zillow. Their mechanisms, not their claims.
The why-now is a statute, not a trend.
Four federal actions built this market. Each one is law, not fashion, and the newest took effect fourteen days ago.
Hospital Price Transparency
Hospitals ordered to publish real negotiated rates. The first crack in the vault.
Transparency in Coverage
Every commercial payer forced to publish every negotiated rate in machine-readable files. Our raw material, manufactured by regulation.
No Surprises Act arbitration
A federal dispute forum priced off the median local contracted rate. Providers win about 88 percent of disputes, with 87 percent of determinations above the payer's qualifying payment amount per CMS public reporting. Our exact metric, enshrined in law.
State Medicaid schedules go public
CMS-2442-F makes all fifty state Medicaid fee schedules public. The public floor under every commercial rate, effective two weeks ago.
Proof, live
The healthcare vertical is shipped and working: a free score on any provider, signable negotiation exhibits with verifiable content hashes, and real payer renewal windows from state filings, all on the same corpus this site publishes, live today at reddenda.com and app.reddenda.com. Counters below read from the serving database at load.
Why this data compounds.
Row counts are not a moat, so we do not pitch one. The defensibility is structural. First, acquisition-cost asymmetry: the verified provider-identity join, ghost-rate stripping, and provenance pipeline took an ingestion war to build, and a competitor must re-spend all of it to reach row one. Second, the standard: a bounded score and a citable index compound with every citation, and the covenant makes the trusted version un-buyable by the only parties who would corrupt it. Third, local re-steepening: our benchmarks are local peer medians, so each new metro needs fresh density, and the marginal value of new data re-steepens market by market instead of flattening. Fourth, time: the rate-history ledger and the confirmed-renewal graph accrue only by running early and exist in no public filing anyone can back-fill.
The shipping ledger.
Real dates, live links. In-build surfaces carry phase labels from the published sequence, never invented ship dates.
This site and its live APIs
The estate, the indexes, and the public stats endpoint. Live July 2026.
Explore →Governed like infrastructure, not like content.
RateScore v1 is a frozen, named definition. Methodology changes ship as v2 with a parallel publication window, and a signed memo is never silently rescored. Every exhibit prints score, version, as-of date, and a content hash: change one digit and the hash breaks. The covenant is contract paper, not a value statement: every data license carries a no-payer-sublicense rider, every exhibit order carries a buyer attestation, and the corpus itself is unencumbered. No exclusive licenses, no payer capital, no rented data.
Two operators, one covenant.
Founded and operated by David Hitchman (David@Reddenda.com). Sales and partnerships: blake@reddenda.com. Reddenda is the flagship venture of TwinFlame Group.
22 of 58 mapped datasets are live and the count is public. The corpus is built, the standard is live, and the roadmap is on this page.