About Advantasure
Advantasure is a Healthcare company based in Glen Allen (United States) founded in 2018, and was acquired by UST in March 2023. It operates as a health management software is provided to hospitals by Advantasure. Advantasure offers products and services including BPaaS Ecosystem, Core Administration, Risk Adjustment, and Quality Improvement and Stars. Its focus areas include HealthTech, Healthcare IT, Provider and Administrative Solutions. Its competitors include athenahealth, Centivo, Notable, Access Healthcare and Symplr and 3 more; 5 of its 8 listed competitors have raised funding.
Company details
Advantasure was founded in 2018 and is headquartered in Glen Allen, United States. Health management software is offered by the company within the healthcare technology sector. The primary product, Symphony, supports administrative functions such as billing, claims processing, and enrollment. An integrated risk adjustment program is also facilitated through the cloud-based platform, enabling shared access to records and databases for hospital users across operations.
- Headquarters Glen Allen, United States
- Stage Acquired
- SectorsHealthcare
- Email••••••••
- Phone•••• ••••
- Website advantasure.com
- Social LinkedIn X Facebook
- Acquired by UST (Mar 2023)
Products & Services of Advantasure
Advantasure offers a comprehensive portfolio of products and services, including BPaaS Ecosystem, Core Administration, Risk Adjustment, and Quality Improvement and Stars.
Integrated solutions for health plan operations and efficiency
Streamlines enrollment and operational processes for health plans
Improves reimbursement accuracy and compliance for healthcare
Manages performance metrics and strategies for health plans
Investors in Advantasure
Advantasure has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include UST.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Provider of data analytics, cloud modernization, management strategy, and digital transformation services | 1998 | ust.com | Aliso Viejo, United States |
Investor details for Advantasure
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People of Advantasure
28 people are tracked at Advantasure (13 in leadership, 15 in team).
| Name | Role | Group |
|---|---|---|
Darren McMichael | Managing Director, Product Hosting | Leadership |
Chris Dewitt | Director, Business Performance And Continuous Improvement | Leadership |
Will Potts | Vice President Bpaas Operations And Client Implementation | Leadership |
Jennifer Visperas | Director Client Relations | Leadership |
Chad Kauffman | Vice President Of Customer Success | Leadership |
Brian Edwardson | Director Quality Operations | Leadership |
Eric D Modkow | Chief Executive Officer | Leadership |
Edgar R. | Director, Client Relations | Leadership |
Dale Heil | Director Ops Support | Leadership |
Susan Crowley | Managing Director - Operations, Regulatory, Performance Improvement | Leadership |
Johanna Hower | Svp, Chief Operating Officer | Leadership |
Bob Mau | Client Relationship Director | Leadership |
Hilda Ortiz Lingle | Director, Client Relations | Leadership |
Breanna P. | Lead II - Finance Operations | Team |
Nicole Hohner-Westerlund | Portfolio Performance Reporting Manager | Team |
Mary Ann Slaughenhaupt | Risk Mitigation | Team |
Richard Kitanoski | Manager, Data & Analytics | Team |
Sindhuri Cherukuri | Senior Data Analyst | Team |
Eric Boll | Lead II - Business Analysis | Team |
Glorimar Lopez | Provider Engagement Manager | Team |
8 more people are available in the full profile.
Complete people profiles for Advantasure
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Timeline of Advantasure
2 dated milestones of Advantasure across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Advantasure is founded.
- Exit Acquired by UST.
Competitors of Advantasure
Advantasure has 8 listed competitors in our database, 5 of them funded. They include athenahealth, Centivo, Notable, Access Healthcare and Symplr, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| athenahealth.com | 1997 | Watertown, United States | $40M | 4,445 | Cloud-based administrative tools for healthcare providers are offered. | |
| centivo.com | 2017 | New York, United States | $224M | 212 | Provider of self funded health plan | |
| notablehealth.com | 2017 | San Mateo, United States | $116.5M | 217 | Wearable device provided for capturing patient-doctor interactions. | |
| accesshealthcare.com | 2011 | Chennai, India | $3.9M | 17,868 | Provider of revenue cycle management, BPO, IT, and finance and accounting services | |
| symplr.com | 2006 | Houston, United States | – | 107 | Cloud-based administrative solutions for healthcare credentialing and compliance are offered. | |
| multiplan.us | 1980 | New York, United States | – | 2,800 | Medical payment integrity and analytics services are provided by MultiPlan. | |
| omegahms.com | 2003 | Boca Raton, United States | – | 26,750 | Healthcare outsourcing services are provided to various sectors. | |
| lemonhealthcare.com | 2019 | Seoul, South Korea | $13.43M | – | Hospital management software is provided for patient care processes. |
Detailed competitors of Advantasure
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Web traffic of Advantasure
The website of Advantasure (advantasure.com) receives about 2.3K visits a month.
- Monthly visits2.3K
▲ 30.1% vs previous month
Top companies in Clinical IT & Data Platforms
10 companies that operate in the same segment as Advantasure (Clinical IT & Data Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of fitness memberships encompassing group classes, gyms, and at-home workouts | 2016 | Bengaluru, Karnataka, India | USD 716.99 M | – | 1,832 | |
Employee health benefits are facilitated via a cloud-based platform. | 2007 | Plymouth Meeting, Pennsylvania, United States | USD 228.3 M | – | – | |
Healthcare appointments are booked online via Zocdoc's platform. | 2007 | New York, New York, United States | USD 425.97 M | USD 4.66 M | 1,365 | |
Virtual physical therapy and digital pain care solutions are provided. | 2015 | San Francisco, California, United States | USD 854.44 M | – | 1,746 | |
Tech-enabled mental health solutions for employers are provided. | 2016 | New York, New York, United States | USD 473.73 M | – | 3,902 | |
App-based health insurance is offered to individuals and businesses. | 2016 | Paris, Ile de France, France | USD 863.12 M | – | 1,606 | |
Virtual care programs for managing chronic diseases are provided. | 2011 | San Francisco, California, United States | USD 450.12 M | USD 260.21 M | 992 | |
AI-driven EMR and practice management software is delivered for clinics. | 2010 | Boca Raton, Florida, United States | USD 329.17 M | – | 2,470 | |
Cloud-based administrative tools for healthcare providers are offered. | 1997 | Watertown, United States | USD 40 M | – | – | |
Membership-based primary care platform is offered for employees and consumers. | 2007 | San Francisco, California, United States | USD 402.56 M | – | – |
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Related news about Advantasure
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Frequently Asked Questions about Advantasure
Advantasure was founded in 2018.
Advantasure is headquartered in Glen Allen, United States. It is registered at Glen Allen, Virginia, United States.
Advantasure was founded in 2018 and is headquartered in Glen Allen, United States. Health management software is offered by the company within the healthcare technology sector. The primary product, Symphony, supports administrative functions such as billing, claims processing, and enrollment. An integrated risk adjustment program is also facilitated through the cloud-based platform, enabling shared access to records and databases for hospital users across operations.
Advantasure's top competitors include athenahealth, Centivo and Access Healthcare.
Advantasure offers BPaaS Ecosystem, Core Administration, Risk Adjustment, and Quality Improvement and Stars.
Advantasure has 1 investor. Key investors include UST.
Yes. Advantasure was acquired by UST in March 2023.