Gigasheet Announces New Healthcare Price Transparency Tool

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Pricing transparency is a complicated topic in the pharmaceutical industry. While the industry and regulatory agencies are working on ways to improve the situation, some private businesses are attempting to find their own solutions.

Self-service data analytics company Gigasheet announced a new digital platform designed to enhance healthcare price transparency.¹ It’s designed to be used by brokers, consultants, and payers and uses a simple spreadsheet interface.

In a press release, Gigasheet CEO Jason Hines explained, “There are several price transparency data providers on the market, but there's a lack of tools to work with MRFs and actually make the data transparent. Gigasheet isn't a database of prices, it's an analytics platform that lets users specify what they need. Whether it's a periodic analysis or an automated data pipeline, we streamline the extraction, cleaning, and enrichment to deliver high-value, actionable data."

In the same press release, Dr. Timothy Mountcastle, chief of plastic surgery emeritus at INOVA Loudoun Hospital, added, “Gigasheet is redefining price transparency in healthcare. We now can pinpoint exactly what we need from these massive datasets, ensuring that we are making informed decisions based on complete, accurate data."

Gigasheet has a history of working with businesses to provide data solutions. In April 2023, the company unveiled its enterprise API, which provides access to the company’s big data spreadsheets.²

In a press release issued at the time, Hines said, “From day one we have focused on helping empower people to answer questions about big data. The existing tools used to work with enterprise data are increasingly sophisticated, but these tools require users to know SQL or Python. Data engineers know about data availability and quality, while the business users have the context. This causes a lot of back and forth, and too often it's inefficient for both teams."

Gigabit first announced that it had closed $7M in Series A funding back in June 2022.³ At the time, Hines said in a press release, “We've been amazed at the broad range of people using Gigasheet in ways that we couldn't have imagined. We are seeing people work on everything from COVID research to Ukraine cyber intelligence analysis, and even voter data.”

He continued, “In the same way Shopify makes it easy for anyone to sell online, or iMovie enables anyone to make short films, Gigasheet helps anyone get into big data analysis. If you can use a spreadsheet, you can use Gigasheet."

The company’s CTO Garth Griffin also said, “Often, the hardest part of big data analysis is getting the information into a platform where you can see it and work with it, and after that it's just a few data transformations to get the answers you need. Data scientists or engineers can do that work, but with the right technology, we can empower any analyst with spreadsheet skills to take on big data themselves. Gigasheet is that technology. Gigasheet's users are now doing just that. The company has processed more than 12 billion rows of user data over the last quarter.

Sources

1. Gigasheet Transforms Healthcare Price Transparency with On-Demand MRF Analysis. Gigasheet. March 4, 2025. https://www.prnewswire.com/news-releases/gigasheet-transforms-healthcare-price-transparency-with-on-demand-mrf-analysis-302391240.html
2. Gigasheet Launches New API To Power Collaboration Between Business and Data Teams. Gigasheet. April 20, 2023. Accessed March 6, 2025. https://www.prnewswire.com/news-releases/gigasheet-launches-new-api-to-power-collaboration-between-business-and-data-teams-301802163.html
3. Gigasheet Announces $7M Series A to Democratize Big Data Analysis. Gigasheet. June 2, 2022. Accessed March 6, 2025. https://www.prnewswire.com/news-releases/gigasheet-announces-7m-series-a-to-democratize-big-data-analysis-301559827.html