Availity
Date | Investors | Amount | Round |
---|---|---|---|
N/A | Growth Equity VC | ||
N/A | Growth Equity VC | ||
Total Funding | - |
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EditAvaility operates in the healthcare sector, providing revenue cycle management and clearinghouse solutions. The company serves healthcare professionals, including providers and payers, by offering a platform that facilitates real-time collaboration. Availity's core services include eligibility and benefits verification, claims management, and authorizations, all accessible through a multi-payer portal. The business model is subscription-based, where healthcare providers pay for access to the platform's various features and services. This model ensures a steady stream of revenue while helping healthcare organizations streamline their administrative processes, thereby allowing them to focus more on patient care. Availity's market includes healthcare providers, insurance companies, and other entities involved in the healthcare payment process. The company makes money by charging fees for its platform services, which help clients save time and money by improving the efficiency of their revenue cycle operations.
Keywords: Revenue Cycle Management, Healthcare, Clearinghouse, Provider Portal, Claims Management, Eligibility Verification, Authorizations, Real-time Collaboration, Subscription-based, Administrative Efficiency.