ABILITY Network
Financials
Estimates*
USD | 2017 |
---|---|
Revenues | 140m |
Date | Investors | Amount | Round |
---|---|---|---|
$2.5m | Series B | ||
$1.0m | Seed | ||
$5.0m | Early VC | ||
$27.0m | Series C | ||
$550m | Growth Equity VC | ||
N/A | $545m | Debt | |
$1.2b Valuation: $1.2b 8.6x EV/LTM Revenues | Acquisition | ||
Total Funding | AUD905m |
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Recent News about ABILITY Network
EditABILITY Network is a healthcare technology company that provides software solutions to streamline administrative and clinical processes for healthcare providers. The company serves a diverse range of clients, including clinics, physician offices, health systems, home health agencies, hospice agencies, hospitals, skilled nursing facilities, and other specialty care providers. ABILITY operates in the healthcare technology market, focusing on improving the efficiency and effectiveness of healthcare operations.
The business model of ABILITY Network revolves around offering cloud-based software solutions that help healthcare providers manage billing, claims, revenue cycle management, and patient payments. These solutions also include tools for Medicare and all-payer claims remittance, eligibility verification, and performance benchmarking and analytics. By providing these services, ABILITY helps healthcare providers reduce administrative burdens, ensure compliance with regulations, and improve financial performance.
ABILITY Network makes money through subscription fees for its software services. Clients pay for access to the platform and its various tools, which are designed to optimize workflow and enhance the quality of care. The company also offers additional resources such as articles, webinars, and product sheets to help clients stay informed about healthcare industry news and best practices.
In summary, ABILITY Network is a key player in the healthcare technology sector, providing essential tools to help healthcare providers manage complex administrative tasks and improve their overall efficiency and financial health.
Keywords: healthcare technology, billing, claims management, revenue cycle, Medicare, analytics, eligibility verification, cloud-based software, healthcare providers, workflow optimization.