About BrightDrive
BrightDrive is a Healthcare company based in Schoharie (United States) founded in 2019 by Tina Wellman, and was acquired by Medusind in May 2023. Medical billing and revenue cycle management services are provided. The company has 128 employees. Its chief executive, as recorded, is Tina Wellman. Its Indian entity Bright Drive Hcs Private Limited reported revenue of ₹7.85 Cr. The company was acqui-hired. Its focus areas include Services for Healthcare Providers, BPO and Diversified. Its competitors include Centivo, iMedX and Omega Healthcare; 2 of its 3 listed competitors have raised funding.
Company details
BrightDrive was founded in 2019 and is headquartered in Schoharie, United States. Medical billing and revenue cycle management services are delivered to healthcare providers. Operations center on streamlining financial workflows, including claims processing and payment optimization. The healthcare sector is served through these specialized solutions. Leadership is provided by founder and CEO Tina Wellman, with activities accessible via brightdrivehcs.com. Focus remains on efficient revenue management for medical practices.
- Headquarters Schoharie, United States
- Employees 128
- Founders Tina Wellman
- Stage Acquired
- SectorsHealthcare
- Email••••••••
- Phone•••• ••••
- Website brightdrivehcs.com
- Social LinkedIn X Facebook
- Acquired by Medusind (May 2023)
- Legal Name Bright Drive Hcs Private Limited
- Date of Incorporation 03 Oct, 2019
- Jurisdiction Bengaluru, Karnataka, India
Associated legal entities of BrightDrive
BrightDrive operates through Bright Drive Hcs Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2022) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Bright Drive Hcs Private Limited CIN U72900KA2019FTC128463 | Active | 03 Oct 2019 | Bangalore, Karnataka | ₹7.9 Cr | 128 | 2 | View details |
Investors in BrightDrive
BrightDrive has secured backing from 1 investor. Prominent investors backing the company include Medusind.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Revenue cycle management solutions are offered to healthcare practices. | 2002 | medusind.com | Miami, United States |
Investor details for BrightDrive
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Board of directors of Bright Drive Hcs Private Limited (BrightDrive)
Bright Drive Hcs Private Limited is the primary company behind BrightDrive. The board of Bright Drive Hcs Private Limited currently have 2 directors; the longest-serving is Tina Michell Wellman, appointed in 2019. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Tina Michell Wellman DIN 08578463 | Director | 03 Oct 2019 | 7 yrs | Bright Drive Hcs Private Limited |
| Mariswaramoorthy DIN 09513157 | Director | 24 Feb 2022 | 4 yrs 8 mo | Bright Drive Hcs Private Limited |
People of BrightDrive
1 people are tracked at BrightDrive (1 in leadership); the tracked headcount is 128.
| Name | Role | Group |
|---|---|---|
| Founder & CEO | Leadership |
Complete people profiles for BrightDrive
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Financials of BrightDrive
Figures of Bright Drive Hcs Private Limited, the primary company behind BrightDrive, for FY 2022. Revenue was ₹7.85 Cr (+155% year on year). Net profit was ₹60.1 Lakh (8% margin). EBITDA was ₹1.02 Cr (13% margin).
- ₹7.85 CrRevenue · FY 2022 · +155% YoY
- ₹60.1 LakhNet profit · 8% margin
- ₹1.02 CrEBITDA · 13% margin
- ₹1.2 LakhPaid-up capital
- 128Employees (provident fund records)
Balance sheet, profit and loss, cash flow and ratios of Bright Drive Hcs Private Limited are on its company page.
Detailed financial statements for BrightDrive
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Timeline of BrightDrive
2 dated milestones of BrightDrive across 4 years, from founding to its latest funding, stage changes and deals.
- Founded BrightDrive is founded.
- Exit Acquired by Medusind.
Competitors of BrightDrive
BrightDrive has 3 listed competitors in our database, 2 of them funded. They include Centivo, iMedX and Omega Healthcare.
| 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. |
Detailed competitors of BrightDrive
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Top companies in Healthcare Provider Support Services
3 companies that operate in the same segment as BrightDrive (Healthcare Provider Support Services) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of self funded health plan | 2017 | New York, New York, United States | USD 224 M | 212 | ||
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 |
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Frequently Asked Questions about BrightDrive
BrightDrive was founded in 2019.
BrightDrive is headquartered in Schoharie, United States. It is registered at Schoharie, New York, United States.
Tina Wellman is the CEO of BrightDrive, as recorded in our data. They have also founded this company.
BrightDrive has 128 employees.
The primary company behind BrightDrive, Bright Drive Hcs Private Limited, reported revenue of ₹7.85 Cr for FY 2022, up 155% year on year.
BrightDrive was founded in 2019 and is headquartered in Schoharie, United States. Medical billing and revenue cycle management services are delivered to healthcare providers. Operations center on streamlining financial workflows, including claims processing and payment optimization. The healthcare sector is served through these specialized solutions. Leadership is provided by founder and CEO Tina Wellman, with activities accessible via brightdrivehcs.com. Focus remains on efficient revenue management for medical practices.
BrightDrive's top competitors include Centivo, Omega Healthcare and iMedX.
BrightDrive has 1 investor. Key investors include Medusind.
BrightDrive operates through Bright Drive Hcs Private Limited.
Yes. BrightDrive was acquired by Medusind in May 2023.
The legal entities of BrightDrive currently have 2 directors, including Tina Michell Wellman, Mariswaramoorthy.