About Avontix
Avontix is a Healthcare company based in Hyderabad (India) founded in 2014, and was acquired by National Medical Billing Services in November 2022. It operates as a revenue cycle management, medical coding, and billing services are provided. The company has 884 employees. Avontix offers products and services including Revenue Cycle Edge, Managed Care Contracting, Medical Billing, Medical Coding, and Healthcare Documentation. Its focus areas include Services for Healthcare Providers, BPO and Diversified. Its competitors include Centivo, iMedX, Omega Healthcare, Light Wave Dental and Access Healthcare and 5 more; 4 of its 10 listed competitors have raised funding.
Company details
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.
- Headquarters Hyderabad, India
- Employees 884
- Stage Acquired
- SectorsHealthcare
- Email••••••••
- Phone•••• ••••
- Website avontix.com
- Social LinkedIn X Facebook Instagram
- Acquired by National Medical Billing Services (Nov 2022)
- Annual Revenue$27.91 K (USD)0as on Mar 31, 2023
- Net Profit-$181.93 (USD)-101as on Mar 31, 2024
- EBITDA-$181.93 (USD)-101as on Mar 31, 2024
- Investors
- Employee Count884
- Acquired byNational Medical Billing Services
(Nov 2022)
Associated legal entities of Avontix
Avontix is associated with 2 registered companies on The Company Check. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2022) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Avontix Solutions Private Limited CIN U72200TG2014PTC096228 | Active | 03 Nov 2014 | Hyderabad, Telangana | – | 508 | 2 | View details |
| Avontix Global Private Limited CIN U74999TG2020PTC144626 | Active | 08 Oct 2020 | Hyderabad, Telangana | ₹27.5 Cr | 813 | 3 | View details |
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.
Investors in Avontix
Avontix has secured backing from 1 investor. Prominent investors backing the company include National Medical Billing Services.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
- | – | nationalascbilling.com | - |
Investor details for Avontix
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- Round participation
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Board of directors of Avontix
The boards of the 2 registered companies of Avontix currently have 5 directors; the longest-serving is Murali Ravipati Krishna, appointed in 2014. 8 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Murali Ravipati Krishna DIN 00323986 | Managing Director | 03 Nov 2014 | 11 yrs 11 mo | Avontix Solutions Private Limited |
| Suryaprakash Challa DIN 08265716 | Director | 25 Oct 2018 | 7 yrs 11 mo | Avontix Solutions Private Limited |
| Colin Daniel Monasterio DIN 10042200 | Director | 11 Apr 2023 | 3 yrs 6 mo | Avontix Global Private Limited |
| Kelley Elizabeth Blair DIN 10674780 | Director | 09 Aug 2024 | 2 yrs 2 mo | Avontix Global Private Limited |
| Mohan Prasad Gorijala DIN 11525493 | Additional Director | 11 Feb 2026 | 8 mo | Avontix Global Private Limited |
People of Avontix
1 people are tracked at Avontix (1 in leadership); the tracked headcount is 884.
| Name | Role | Group |
|---|---|---|
| Managing Director | Leadership |
Complete people profiles for Avontix
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- Full employee list
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- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Avontix
Figures of Avontix Global Private Limited, the primary company behind Avontix, for FY 2023. Revenue was ₹27.52 Cr (+45% year on year). Net profit was ₹1.47 Cr (5% margin). EBITDA was ₹2.69 Cr (10% margin).
- ₹27.52 CrRevenue · FY 2023 · +45% YoY
- ₹1.47 CrNet profit · 5% margin
- ₹2.69 CrEBITDA · 10% margin
- ₹1 LakhPaid-up capital
- 813Employees (provident fund records)
Balance sheet, profit and loss, cash flow and ratios of Avontix Global Private Limited are on its company page.
Detailed financial statements for Avontix
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Timeline of Avontix
2 dated milestones of Avontix across 8 years, from founding to its latest funding, stage changes and deals.
- Founded Avontix is founded.
- Exit Acquired by National Medical Billing Services.
Competitors of Avontix
Avontix has 10 listed competitors in our database, 4 of them funded. They include Centivo, iMedX, Omega Healthcare, Light Wave Dental and Access Healthcare, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| centivo.com | 2017 | New York, United States | $224M | 212 | Provider of self funded health plan | |
| imedx.com | 2002 | Atlanta, United States | $22.28M | 951 | Revenue cycle management platform is provided to healthcare providers. | |
| omegahms.com | 2003 | Boca Raton, United States | – | 26,750 | Healthcare outsourcing services are provided to various sectors. | |
| lightwavedental.com | 2010 | Woodbridge, United States | $20.24M | 1,847 | Dental practice brokerage services are provided to facilitate transactions. | |
| accesshealthcare.com | 2011 | Chennai, India | $3.9M | 17,868 | Provider of revenue cycle management, BPO, IT, and finance and accounting services | |
| multiplan.us | 1980 | New York, United States | – | 2,800 | Medical payment integrity and analytics services are provided by MultiPlan. | |
| rennovahealth.com | 1989 | West Palm Beach, United States | – | – | Software solutions for laboratory diagnostics are provided to healthcare. | |
| vmghealth.com | 1995 | Dallas, United States | – | 176 | Healthcare transaction advisory services are provided by VMG Health. | |
| conveyhealthsolutions.com | 2001 | Sunrise, United States | – | – | Healthcare technology and outsourcing solutions are provided for health plans. | |
| charite.de | 1710 | Berlin, Germany | – | – | Information and education services for healthcare industries are provided. |
Detailed competitors of Avontix
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- Full competitor set
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Web traffic of Avontix
The website of Avontix (avontix.com) receives about 1.7K visits a month.
- Monthly visits1.7K
▼ 12.5% vs previous month
Websites whose visitors overlap most with Avontix. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| omegahms.com | 100% | 45.9K | #680,796 | View details | |
| leostarhealthcare.com | 35% | – | – | View details | |
| lloydhealthcare.org | 35% | – | #9,650,851 | View details | |
| eclathealth.com | 34% | 5.5K | #3,633,876 | View details | |
| ethonhealthcare.com | 34% | – | – | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 28 similar websites and full traffic analytics for Avontix
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 28 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Healthcare Provider Support Services
10 companies that operate in the same segment as Avontix (Healthcare Provider Support Services), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Emergency road ambulance services are provided for medical assistance. | 1906 | Copenhagen, Denmark | USD 1.59 B | – | 105 | |
Provider of self funded health plan | 2017 | New York, New York, United States | USD 224 M | – | 212 | |
Emergency medical transportation and ambulance services are provided. | 2016 | Hyderabad, Telangana, India | USD 34.31 M | USD 8.57 M | 1,371 | |
Provider of AI solutions for clinical, operational, and business outcomes | 2005 | Princeton, New Jersey, United States | USD 1.13 B | USD 465.22 M | 5,442 | |
AMN Healthcare is recognized as a leading healthcare staffing provider. | 1985 | San Diego, California, United States | – | USD 2.73 B | 2,970 | |
Surgical facilities and ancillary services are operated nationwide. | 2004 | Brentwood, United States | – | USD 3.31 B | 15,000 | |
AI-powered software for radiology reporting and follow-up management is developed. | 2018 | Berkeley, California, United States | USD 152.89 M | – | 119 | |
Health care management platform is provided for providers and patients. | 1980 | Overland Park, Kansas, United States | USD 1.66 M | – | 2,485 | |
Health insurance platform for individuals | 2019 | Mumbai, Maharashtra, India | USD 13.7 M | USD 10.48 M | 109 | |
Software solutions for laboratory diagnostics are provided to healthcare. | 1989 | West Palm Beach, Florida, United States | – | USD 18.69 M | – |
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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.
Avontix has 884 employees.
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.
Avontix is associated with 2 legal entities: Avontix Solutions Private Limited, Avontix Global Private Limited.
Yes. Avontix was acquired by National Medical Billing Services in November 2022.
The legal entities of Avontix currently have 5 directors, including Murali Ravipati Krishna, Suryaprakash Challa, Colin Daniel Monasterio and others.