About Avontix
Avontix is a company based in Hyderabad (India) founded in 2014 was acquired by National Medical Billing Services in November 2022. The company has 884 employees as of October 31, 2024. Avontix offers products and services including Revenue Cycle Edge, Managed Care Contracting, Medical Billing, Medical Coding, and Healthcare Documentation. Avontix operates in a competitive market with competitors including Centivo, iMedX, Omega Healthcare, Light Wave Dental and Access Healthcare, among others.
- Headquarter Hyderabad, India
- Employees 884 as on 31 Oct, 2024
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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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Annual Revenue
$27.91 K (USD)0as on Mar 31, 2023
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Net Profit
-$181.93 (USD)-101as on Mar 31, 2024
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EBITDA
-$181.93 (USD)-101as on Mar 31, 2024
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Latest Funding Round
Not available
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Employee Count
884
as on Oct 31, 2024
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Acquired by
National Medical Billing Services
(Nov 12, 2022)
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Products & Services of Avontix
Avontix offers a comprehensive portfolio of products and services, including Revenue Cycle Edge, Managed Care Contracting, Medical Billing, Medical Coding, and Healthcare Documentation.
Streamlines revenue cycle processes to reduce losses for healthcare providers.
Optimizes reimbursements and ensures long-term financial stability.
Handles accurate billing to minimize denials and improve first-pass rates.
Delivers precise coding reports within 24 hours of service.
Manages efficient documentation for productive revenue cycles.
Funding Insights of Avontix
Detailed funding history for Avontix
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Investors in Avontix
Avontix has secured backing from 1 investor. Prominent investors backing the company include National Medical Billing Services.
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Investor details for Avontix
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Investments & Acquisitions by Avontix
Investment portfolio details for Avontix
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Financial Statements - Avontix
Detailed financials for Avontix
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Avontix Comparisons
Peer comparison for Avontix
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Competitors of Avontix
Avontix 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 Centivo, iMedX, Omega Healthcare, Light Wave Dental and Access Healthcare, among others.
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Provider of self funded health plan
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Revenue cycle management platform is provided to healthcare providers.
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Healthcare outsourcing services are provided to various sectors.
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Dental practice brokerage services are provided to facilitate transactions.
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Provider of revenue cycle management, BPO, IT, and finance and accounting services
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Medical payment integrity and analytics services are provided by MultiPlan.
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Detailed competitors of Avontix
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Latest news on Avontix
Complete news archive for Avontix
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Frequently Asked Questions about Avontix
Avontix was founded in 2014.
Avontix is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
As of Oct 31, 2024, the latest employee count at Avontix is 884.
Annual revenue of Avontix is $27.91K as on Mar 31, 2023.
Avontix was founded in 2014 and is headquartered in Hyderabad, India. Operations focus on the healthcare sector, where revenue cycle management, medical coding, billing, and documentation services are delivered. These offerings support healthcare providers through outsourced solutions aimed at efficiency in financial and administrative processes. The company serves clients primarily in the medical field, with emphasis on accuracy and compliance in documentation.
Avontix's top competitors include Centivo, Access Healthcare and Rennova Health.
Avontix offers Revenue Cycle Edge, Managed Care Contracting, Medical Billing, Medical Coding, and Healthcare Documentation.
Avontix has 1 investor. Key investors include National Medical Billing Services.