About Availity
Availity is a company based in Jacksonville (United States) founded in 2001.. Availity has completed 3 acquisitions, including Diameter Health, RealMed and nTelagent. Availity offers products and services including Multi-Payer Portal, Revenue Cycle Management, EDI Clearinghouse, and API Marketplace. Availity operates in a competitive market with competitors including Zelis Healthcare, HMS, RelayHealth, Myndshft and Transparent Health Marketplace, among others.
- Headquarter Jacksonville, United States
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Sectors
Healthcare
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Email
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Phone
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Website
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Social
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- Legal Name Availity, Llc
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Investments & Acquisitions
Diameter Health
& 2 more
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Products & Services of Availity
Availity offers a comprehensive portfolio of products and services, including Multi-Payer Portal, Revenue Cycle Management, EDI Clearinghouse, and API Marketplace. 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.
Streamlines workflows and improves collaboration among healthcare providers
Automates processes to reduce denials and optimize payments
Connects to health plans for seamless administrative data exchange
Provides secure APIs for fast healthcare data sharing
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Product Management Team
62 people
Software Development Team
44 people
Leadership Team
16 people
Finance and Accounting
14 people
Senior Team
12 people
Sales and Marketing
11 people
Human Resources and Administration
10 people
Creative and Marketing Team
5 people
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Funding Insights of Availity
- Total Funding Total Funding
- Total Rounds 2
- Last Round Last Round
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First Round
First Round
(17 Jul 2017)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Sep, 2017 | Amount | Private Equity Round - Availity | Valuation | Francisco Partners |
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| Jul, 2017 | Amount | Debt – Conventional - Availity | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in Availity
Availity has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Francisco Partners. 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.
| Investor | Description | Founded Year | Domain | Location |
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Private equity investment firm focused on technology sector
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Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Availity
Availity has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Diameter Health, RealMed and nTelagent. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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SaaS-based analytic solutions are provided for healthcare data management.
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2013 | ||||
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SaaS-based revenue cycle management is delivered to healthcare providers.
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2003 | ||||
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Healthcare information networks and revenue cycle software services are provided.
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Availity
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Availity Comparisons
Competitors of Availity
Availity 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 Zelis Healthcare, HMS, RelayHealth, Myndshft and Transparent Health Marketplace, 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 |
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| domain | founded_year | HQ Location |
Digital solutions to modernize the healthcare financial experience for payers, providers, and members
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| domain | founded_year | HQ Location |
Suite of cost containment solutions is provided to health plans.
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| domain | founded_year | HQ Location |
Clinical connectivity, health IT, and pharmacy solutions are provided.
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Provider of financial benefits and prior authorization management platform
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Online marketplace for connecting healthcare payors and providers is operated.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Availity
Frequently Asked Questions about Availity
When was Availity founded?
Availity was founded in 2001 and raised its 1st funding round 16 years after it was founded.
Where is Availity located?
Availity is headquartered in Jacksonville, United States.
Who is the current CEO of Availity?
Russ Thomas is the current CEO of Availity.
What does Availity do?
Provider of cloud-based suite solutions for payers and providers. The platform integrates and manages the clinical, administrative, and financial data facilitating real-time coordination between providers, payers, and patients The solutions are offered for claims management, revenue cycle management, billing, EHR, benefits management, and authorizations. The Electronic Data Interchange (EDI) clearinghouse and API products allow providers to integrate HIPAA transactions into their PMS, HIS, or EHR for interoperability. Also, the platform provides access to real-time patient data for better patient access management.
Who are the top competitors of Availity?
Availity's top competitors include Zelis Healthcare, HMS and Transparent Health Marketplace.
What products or services does Availity offer?
Availity offers Multi-Payer Portal, Revenue Cycle Management, EDI Clearinghouse, and API Marketplace.
How many acquisitions has Availity made?
Availity has made 3 acquisitions, including Diameter Health, RealMed, and nTelagent.
Who are Availity's investors?
Availity has 1 investor. Key investors include Francisco Partners.
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