Acclara Solutions

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

Acclara Solutions is a company based in Houston (United States) founded in 2005 was acquired by R1 RCM in November 2023.. 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. Acclara Solutions operates in a competitive market with competitors including Access Healthcare, Performant Financial, Adonis, CorroHealth and Alpha II, among others.

  • Headquarter Houston, United States
  • Sectors
    Healthcare
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Acclara Solutions, Llc
Operational Areas
Healthcare → Healthcare Services & Infrastructure
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $11.8 M (USD)

    in 3 rounds

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

    Sep 30, 2022

  • Investors
    R1 RCM

    & 1 more

  • Employee Count
    Employee Count
  • Acquired by
    R1 RCM

    & 1 more

    (Nov 06, 2023)

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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. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

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

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

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

People of Acclara Solutions
Headcount 500-1000
Employee Profiles 14
Employee Profiles
People
Rich Due
VP, Organizational Effectiveness
People
Dan Williams
Director, Revenue Cycle Analytics, Alphalytics
People
Jim Spause
Senior Director, Innovation & Client Support Services
People
Tere’sa Przemieniecki
Vice President

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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
  • Total Rounds 3
  • Last Round Series A — $227,000
  • First Round

    (13 Sep 2021)

  • Investors Count
Date Amount Transaction Name Valuation Lead Investors Investors
Sep, 2022 Amount Series A - Acclara Solutions Valuation

investors

Oct, 2021 Amount Series A - Acclara Solutions Valuation

investors

Sep, 2021 Amount Series A - Acclara Solutions Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Institutional
Investor Description Founded Year Domain Location
Chain of multispeciality hospitals
Founded Year Domain Location
End-to-end revenue cycle management is provided for healthcare organizations.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Acclara Solutions

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Acclara Solutions

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Acclara Solutions Comparisons

Employees
+
Add Comparison
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Competitors of Acclara Solutions

Acclara Solutions operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Access Healthcare, Performant Financial, Adonis, CorroHealth and Alpha II, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Provider of revenue cycle management, BPO, IT, and finance and accounting services
domain founded_year HQ Location
Recovery solutions for government obligations are provided by Performant Financial.
domain founded_year HQ Location
Adonis is focused on healthcare revenue cycle management software.
domain founded_year HQ Location
Healthcare revenue cycle management services are delivered to providers.
domain founded_year HQ Location
Coding, compliance, and revenue analysis platforms are provided for healthcare.
domain founded_year HQ Location
Revenue Cycle Management services are provided to healthcare organizations.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Acclara Solutions

R1 RCM Inc.’s $675 Million Acquisition of Acclara
Globallegalchronicle1 year ago
R1 RCM completes acquisition of Providence's Acclara
Beckershospitalreview2 years ago
R1 RCM acquiring Acclara from Providence
Beckershospitalreview2 years ago

Frequently Asked Questions about Acclara Solutions

When was Acclara Solutions founded?

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

Where is Acclara Solutions located?

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

Is Acclara Solutions a funded company?

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 13, 2021.

What does Acclara Solutions do?

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.

Who are the top competitors of Acclara Solutions?

Acclara Solutions's top competitors include Access Healthcare, GeBBS and Sagility.

What products or services does Acclara Solutions offer?

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

Who are Acclara Solutions's investors?

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

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