Advising Healthcare Admin Clients on Data Licensing with SourceX

As a healthcare operations advisor, you're constantly looking for ways to create value for your clients. Many healthcare administration organizations possess valuable operational data that, when properly licensed, can provide a new revenue stream. SourceX offers a secure and streamlined path for these organizations to license their data to AI labs and data buyers.

This guide outlines how you, as a SourceX referral partner, can identify suitable clients and introduce them to this opportunity, focusing on your role and how rewards work.

Identifying Qualifying Healthcare Administration Clients

The first step is to identify US-based healthcare administration companies that meet SourceX's baseline criteria. Look for organizations that:

• Have 50+ full-time employees at peak. This indicates a significant operational footprint.
• Possess years of operating records. Established history often means more comprehensive and valuable datasets.
• Hold clear rights to license their operational data. This is crucial for legal and ethical data transactions.
• Can designate an authorized sponsor. An executive or senior leader empowered to explore and approve data licensing.

SourceX is the enterprise data transaction layer for AI, managing data licensing from sourcing and rights review to delivery and payment. We specifically focus on licensing operational data, not protected health information, and are not involved in training AI models directly. Your role is to connect qualifying entities to SourceX, not to delve into the specifics of their data itself.

Your Role as a Referral Partner

Your involvement is focused on making the right introduction. Here's a breakdown:

1. Spot the Opportunity: During your advisory work, recognize when a client's operational data could be a valuable asset for licensing.
2. Raise the Opportunity: Discuss the potential of data monetization with an authorized sponsor within the client organization. Explain that SourceX facilitates data licensing to AI labs and data buyers, creating a new revenue channel for their operational data.
3. Make the Introduction: Connect your client's authorized sponsor with SourceX. Remember, credit for the referral goes to the first valid referrer whose introduction leads to a verified company application within the attribution window.
4. No Data Handling: Critically, partners never handle client data. Your role is solely to facilitate the introduction and ensure the client understands the opportunity with SourceX.

Understanding Your Reward

Your partnership with SourceX is designed to be mutually beneficial. Here's how rewards work:

• Reward Rate: Partners earn 25% of the eligible platform fees SourceX actually collects from the referred company's licensing deals.
• Reward Cap: Rewards are capped at $100,000 cumulative per referred company.
• Payout Trigger: Rewards become payable only after the buyer pays and SourceX receives its fee. A lead, meeting, or signed agreement alone does not trigger payment.
• Independent of Client Proceeds: The partner reward is a share of SourceX's fee and is never deducted from what the company receives from its data licensing activities.

Illustrative Reward Example (Hypothetical Inputs):

If a referred company generates $1,000,000 in licensing fees for SourceX over time, and assuming the 25% is a hypothetical 20%, the partner would earn $200,000. If the $100,000 is a hypothetical $100,000, the partner would earn $100,000. This example uses hypothetical percentages and dollar amounts solely for illustration.

FAQs for Advisors

Q: What type of data are we talking about? A: SourceX focuses on operational data that does not contain protected health information. We manage data licensing from sourcing and rights review to delivery and payment, strictly adhering to privacy and compliance.

Q: Can I participate if I'm a licensed professional? A: Anyone can join the SourceX partner program from any supported country. However, licensed professionals should check their own professional rules regarding referral fees to ensure compliance.

Q: What if my client doesn't qualify? A: Not every company will qualify. Focus on US companies with 50+ full-time employees at peak, established operating records, clear data licensing rights, and an authorized sponsor. This ensures the best use of your time and theirs.

By following these guidelines, you can effectively help your healthcare administration clients unlock new value from their operational data, while building a rewarding partnership with SourceX.

Refer a company · How rewards work