Banjo Health
Banjo Health provides a prior authorization decision support platform for health plans and pharmacy benefit managers
Est 2019|Valuation $45M|Raised $22.6M
Published Sep 29, 2026
| Starting Price | Not publicly listed (custom/consultative) | Not publicly listed | Free for providers (funded by health plans/PBMs/manufacturers); payer pricing not public |
| Best For | Payers/PBMs seeking PA + decision-tree automation and downstream case management | Health plans seeking broader UM transformation and automation metrics | Organizations needing broad ePA connectivity and provider workflow reach |
| Key Strength | Decision-tree automation (Composer) and PA lifecycle workflow including appeals/grievances; payer/PBM orientation | Payer UM focus with published automation/ROI materials | Large network adoption among providers; provider-free model for submissions |
| Key Weakness | Limited independent review coverage publicly available; pricing opacity; vendor-published AI claims require validation | Enterprise implementation complexity and change management | May be less focused on internal payer case management depth (depends on modules) |
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Banjo vs payer UM platforms (e.g., Cohere Health): Cohere provides payer UM transformation and publishes some automation/ROI material; Banjo focuses on PA operations, criteria-to-logic conversion, and PA-to-appeals workflows. Buyers should compare clinical content depth, evidence base, and configurability.
Banjo vs network-centric ePA tools (CoverMyMeds): CoverMyMeds provides broad electronic prior auth submission and status tracking. Banjo’s differentiation is in internal payer/PBM workflow automation and operationalization of policy logic rather than network reach.
Banjo vs provider workflow automation (SamaCare): SamaCare focuses on provider-side workflow integration. Banjo is oriented toward payer/PBM internal operations. Provider organizations primarily seeking to reduce clinical staff effort may prefer provider-focused solutions.