Acclara Solutions

Houston, United States Founded: 2005 • Age: 21 yrs Acquired By R1 RCM
Provider of revenue cycle management services

About Acclara Solutions

Acclara Solutions is a Healthcare company based in Houston (United States) founded in 2005, and was acquired by R1 RCM in November 2023. Provider of revenue cycle management services. Acclara Solutions has raised $11.8 million across 3 funding rounds from investors including R1 RCM and Providence Health & Services. Acclara Solutions offers products and services including Patient Access Services, Revenue Integrity and Coding, and Business Office Services. Its focus areas include Services for Healthcare Providers, BPO and Revenue Cycle Management. Its legal entity is ACCLARA SOLUTIONS, LLC. Its competitors include Performant Financial, Adonis and CorroHealth; 1 of its 3 listed competitors has raised funding.

Company details

Acclara Solutions provider of revenue cycle management services, focusing on providing healthcare solutions, services for healthcare providers, bpo, and revenue cycle management. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets. It continues to evolve, meeting industry challenges with strategic approaches.

  • Headquarters Houston, United States
  • Stage Acquired
  • Sectors
    Healthcare
  • Email
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  • Phone
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  • Website acclara.com
  • Social LinkedIn
  • Acquired by Providence Health & Services (Mar 2020)
  • Legal Name Acclara Solutions, Llc
Key Metrics
  • Total Equity Funding
    $11.8M (USD)

    in 3 rounds

  • Latest Funding Round
    $227K (USD), Series A

    Sep 2022

  • Investors
    R1 RCM

    & 1 more

  • Acquired by
    R1 RCM

    & 1 more

    (Nov 2023)

Products & Services of Acclara Solutions

Acclara Solutions offers a comprehensive portfolio of products and services, including Patient Access Services, Revenue Integrity and Coding, and Business Office Services.

Patient Access Services
Administrative Services

Manages patient scheduling, registration, and pre-service collections.

Revenue Integrity and Coding
Coding Services

Provides medical coding, audits, and error resolution for claims.

Business Office Services
Financial Services

Handles insurance AR, self-pay collections, and legacy conversions.

Funding Insights of Acclara Solutions

Acclara Solutions has successfully raised a total of $11.8M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $227 thousand completed in September 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $11.8M
  • Total Rounds 3
  • Last Round Series A β€” $227,000
  • First Round $6.73M

    (Sep 2021)

All 3 funding rounds of Acclara Solutions with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Sep 2022$227,000Series A––
–
Oct 2021$4.85MSeries A––
–
Sep 2021$6.73MSeries A––
–
Valuation history

2 investors in total: 2 institutional.

Investors in Acclara Solutions

Acclara Solutions has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include R1 RCM and Providence Health & Services.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
Chain of multispeciality hospitals
1859providence.orgUnited States
End-to-end revenue cycle management is provided for healthcare organizations.
2003r1rcm.comChicago, United States
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Investor details for Acclara Solutions

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People of Acclara Solutions

14 people are tracked at Acclara Solutions (12 in leadership, 2 in team).

NameRoleGroup
Rich Due
VP, Organizational EffectivenessLeadership
Dan Williams
Director, Revenue Cycle Analytics, AlphalyticsLeadership
Jim Spause
Senior Director, Innovation & Client Support ServicesLeadership
Tere’sa Przemieniecki
Vice PresidentLeadership
Matthew Allred
Director, Vendor Management OperationsLeadership
Michael Manzo
VP, Operations, Insurance ServicesLeadership
Bruce Huntley
VP, Human ResourcesLeadership
Chuck Zacney
VP, Operations, Client ServicesLeadership
Patrick Osborne
VP, Technology Services, AlphalyticsLeadership
Sunshine Isbell
Director Of Operations Patient ServicesLeadership
Robert Mihatsch
VP, Business DevelopmentLeadership
Sara Nofziger-Drew
Vice President Of Revenue Cycle ServicesLeadership
Camille McNatt
Manager, Revenue Cyle ServicesTeam
Bhavesh Jani
Sr DevTeam
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Timeline of Acclara Solutions

5 dated milestones of Acclara Solutions across 18 years, from founding to its latest funding, stage changes and deals.

  1. Founded Acclara Solutions is founded.
  2. Exit Acquired by Providence Health & Services.
  3. Funding First funding round of $6.7M.
  4. Funding Latest funding round, Series A, of $227K.
  5. Exit Acquired by R1 RCM.

Competitors of Acclara Solutions

Acclara Solutions has 3 listed competitors in our database, 1 of them funded. They include Performant Financial, Adonis and CorroHealth.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
performantcorp.com1976Livermore, United States1,023
Recovery solutions for government obligations are provided by Performant Financial.
adonis.io2022Manhattan, United States$53.9M
Adonis is focused on healthcare revenue cycle management software.
corrohealth.com2020Plano, United States8,022
Healthcare revenue cycle management services are delivered to providers.
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Detailed competitors of Acclara Solutions

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Verified entity values are shown only after access is granted.

Web traffic of Acclara Solutions

The website of Acclara Solutions (acclara.com) receives about 1.6K visits a month.

  • Monthly visits
    1.6K

    ▼ 17.8% vs previous month

Top companies in Healthcare Provider Support Services

3 companies that operate in the same segment as Acclara Solutions (Healthcare Provider Support Services) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Provider of self funded health plan
2017New York, New York, United StatesUSD 224 M212
Provider of AI solutions for clinical, operational, and business outcomes
2005Princeton, New Jersey, United StatesUSD 1.13 BUSD 465.22 M5,442
AMN Healthcare is recognized as a leading healthcare staffing provider.
1985San Diego, California, United StatesUSD 2.73 B2,970
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Related news about Acclara Solutions

R1 RCM Inc.’s $675 Million Acquisition of Acclara
Globallegalchronicle β€’ 2 years ago
R1 RCM completes acquisition of Providence's Acclara
Beckershospitalreview β€’ 2 years ago
R1 RCM acquiring Acclara from Providence
Beckershospitalreview β€’ 2 years ago
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Complete news archive for Acclara Solutions

Full article history, source details, and older brand coverage require an active premium plan.

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Frequently Asked Questions about Acclara Solutions

Acclara Solutions was founded in 2005 and raised its 1st funding round 16 years after it was founded.

Acclara Solutions is headquartered in Houston, United States. It is registered at Houston, Texas, United States.

Acclara Solutions is a funded company, having raised a total of $11.8M across 3 funding rounds to date. The company's 1st funding round was a Series A of $6.73M, raised on Sep 2021.

Acclara Solutions provider of revenue cycle management services, focusing on providing healthcare solutions, services for healthcare providers, bpo, and revenue cycle management. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets. It continues to evolve, meeting industry challenges with strategic approaches.

Acclara Solutions's top competitors include Adonis, Performant Financial and CorroHealth.

Acclara Solutions offers Patient Access Services, Revenue Integrity and Coding, and Business Office Services.

Acclara Solutions has 2 investors. Key investors include R1 RCM, and Providence Health & Services.

Acclara Solutions operates through Acclara Solutions, Llc.

Yes. Acclara Solutions was acquired by Providence Health & Services in March 2020.

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