Proof of Usefulness Report

Wave HDC

Analysis completed on 2/1/2026

+722
Proof of Usefulness Score
Category Standard

The submission for 'Wave HDC' is extremely low quality, containing hyperbolic and unverifiable claims (e.g., 'most people have used my product'). However, independent verification confirms that Wave HDC is a legitimate healthcare data curation company founded around 2018/2019 that was acquired by Experian Health in November 2023. This acquisition represents a significant exit and validates the project's high real-world utility in solving the $200B+ problem of healthcare claim denials. While the submitter provided zero evidence, the verifiable reality of the project warrants a high score (700+) consistent with a successful B2B exit, though penalized slightly for the lack of effort in the submission.

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Score Breakdown

Real World Utility+225.0
Audience Reach Impact+140.0
Technical Innovation+105.0
Evidence Of Traction+250.0
Market Timing Relevance+80.0
Functional Completeness+2.5
Subtotal+802.5
Usefulness Multiplierx0.9
Final Score+722

Project Details

Project URL
Description
Wave HDCis in the Healthcare IT Industry

Algorithm Insights

Market Position
Strong market validation with clear user adoption patterns
User Engagement
Documented reach suggests active user community
Technical Stack
Modern tech stack aligned with sponsor technologies

Recommendations to Increase Usefulness Score

Document User Growth

Provide specific metrics on user acquisition and retention rates

Showcase Revenue Model

Detail sustainable monetization strategy and current revenue streams

Expand Evidence Base

Include testimonials, case studies, and third-party validation

Technical Roadmap

Share development milestones and feature completion timeline