specification: FinOps Framework
specificationVersion: '1.0'
schema: https://www.finops.org/framework/
provider: Validic
providerId: validic
created: '2026-07-05'
modified: '2026-07-05'
reconciled: false
tags:
- Health Data
- Digital Health
- Remote Patient Monitoring
- HIPAA
- FinOps
- Cost Management
- FOCUS
description: >-
  FinOps view of Validic spend. Validic is a sales-led enterprise health-data
  platform with no public list pricing; cost is set by negotiated contract or AWS
  Marketplace private offer. Spend is typically driven by the population of
  monitored lives (a per-member-per-month / PMPM style model) plus platform and
  integration fees, and scales with connected users, sources, data volume, and -
  for remote patient monitoring - cellular device and connectivity costs.
notes: >-
  Per-unit rates are not reconciled here; obtain them from your Validic agreement.
  Because billing is contract-based rather than metered self-service, allocation
  and forecasting depend on tracking monitored lives and active devices per
  program.
sources:
- https://validic.com/
- https://developer.validic.com/
- https://aws.amazon.com/marketplace/pp/prodview-kdhpjvqi6nnnm
- https://focus.finops.org/focus-specification/v1-3/
alignedWith:
  framework: FinOps Foundation Framework
  frameworkUrl: https://www.finops.org/framework/
  dataSpec: FOCUS
  dataSpecVersion: '1.3'
  dataSpecUrl: https://focus.finops.org/focus-specification/v1-3/
publisherName: Validic
serviceCategory: Health Data Platform
billingModel:
  pricingCategory: Committed-Use
  billingFrequency: Monthly
  billingCurrency: USD
  chargeCategories:
  - Purchase
  - Usage
meters:
- name: monitored_lives
  description: Population of monitored members, the primary PMPM cost driver.
  unit: members
  aggregation: sum
  dimensions:
  - organization
  - program
- name: connected_users
  description: Users provisioned and actively connecting sources.
  unit: users
  aggregation: sum
  dimensions:
  - organization
- name: cellular_devices
  description: Cellular-enabled RPM devices with active data plans.
  unit: devices
  aggregation: sum
  dimensions:
  - organization
  - program
- name: data_volume
  description: Volume of health observations ingested and delivered.
  unit: records
  aggregation: sum
  dimensions:
  - organization
  - source
principles:
- name: Visibility
  description: Track monitored lives, active connected users, and activated cellular devices per program against the contracted commitment.
- name: Allocation
  description: Map organizations, programs, and marketplace sources to internal cost centers so PMPM and device costs attribute correctly.
- name: Optimization
  description: Provision users only when ready to connect a device (avoiding database bloat), suspend idle cellular devices, and scope streaming/push filters to needed resources.
- name: Accountability
  description: Assign program owners; review monitored-life and device counts against the enterprise commitment each billing cycle.
maintainers:
- FN: Kin Lane
  email: kin@apievangelist.com