About CareAllies
CareAllies is a company based in Philadelphia (United States) founded in 2016 was acquired by Health Care Service Corporation in January 2024.. CareAllies offers products and services including Provider Enablement, VBC Strategy, and Data Insights. CareAllies operates in a competitive market with competitors including Centivo, IKS Health, Access Healthcare, dentalcorp and MultiPlan, among others.
- Headquarter Philadelphia, 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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Annual Revenue
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Latest Funding Round
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Employee Count
Employee Count
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Acquired by
Health Care Service Corporation
(Jan 31, 2024)
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Products & Services of CareAllies
CareAllies offers a comprehensive portfolio of products and services, including Provider Enablement, VBC Strategy, and Data Insights. 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.
Supports clinical and financial decisions in value-based care programs
Builds networks with governance and care coordination for better outcomes
Combines data for operational and clinical decisions in health care
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Funding Insights of CareAllies
| 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 CareAllies
CareAllies has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Health Care Service Corporation. 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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Mutual health carrier
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Founded Year | Domain | Location |
| Investor | Description | 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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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by CareAllies
| 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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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - CareAllies
| 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 |
investors |
Careallies Comparisons
Competitors of CareAllies
CareAllies 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, IKS Health, Access Healthcare, dentalcorp and MultiPlan, 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 |
Provider of self funded health plan
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Provider of healthcare technology and services for revenue cycle management and clinical support
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Provider of revenue cycle management, BPO, IT, and finance and accounting services
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Continuing education and skill development for dentists are provided.
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Medical payment integrity and analytics services are provided by MultiPlan.
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Healthcare outsourcing services are provided to various sectors.
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| Company Name | Domain | Founded year | HQ Location | Description |
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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 Careallies
Frequently Asked Questions about CareAllies
When was CareAllies founded?
CareAllies was founded in 2016.
Where is CareAllies located?
CareAllies is headquartered in Philadelphia, United States. It is registered at Philadelphia, Pennsylvania, United States.
Who is the current CEO of CareAllies?
Robert Cetti is the current CEO of CareAllies.
What does CareAllies do?
CareAllies was established in 2016 in Philadelphia, United States, within the healthcare sector. Partnerships are formed with providers to support shifts toward value-based care models. Services include optimization of physician networks and performance metrics, along with efforts to boost engagement and elevate care quality. Expenditures for Medicare beneficiaries are addressed through targeted reductions, aiding clinical and financial outcomes.
Who are the top competitors of CareAllies?
CareAllies's top competitors include IKS Health, Centivo and Access Healthcare.
What products or services does CareAllies offer?
CareAllies offers Provider Enablement, VBC Strategy, and Data Insights.
Who are CareAllies's investors?
CareAllies has 1 investor. Key investors include Health Care Service Corporation.