Centauri Health Solutions

Phoenix, United States Founded: 2014 • Age: 12 yrs Acquired By Abry
Provider of data management solutions for risk adjustment and quality-based revenue programs
Annual revenue - Latest available
Total funding $68.2M 3 rounds
Employees 1163 Tracked headcount
Investors 3 Known backers
Products 5 Services tracked
Competitors 10 Brand Intelligence

About Centauri Health Solutions

Centauri Health Solutions is a company based in Phoenix (United States) founded in 2014 by Mike McNelis and Adam Miller was acquired by Abry in January 2020. Centauri Health Solutions has raised $68.19 million across 3 funding rounds from investors including Abry Partners, Brookside Capital Partners and Silversmith. The company has 1,163 employees as of December 31, 2022. Centauri Health Solutions has completed 8 acquisitions, including AppRev, HCFS and Human Arc. Centauri Health Solutions offers products and services including Risk Adjustment, Quality Program Support, Clinical Data Exchange, Eligibility and Enrollment, and Revenue Cycle Analytics. Centauri Health Solutions operates in a competitive market with competitors including Apixio, Codoxo, Health Fidelity, Reveleer and Vatica Health, among others.

  • Headquarter Phoenix, United States
  • Employees 1163 as on 31 Dec, 2022
  • Founders Mike McNelis, Adam Miller
  • Sectors
    Healthcare
    Financial Services Technology
  • Phone
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  • Website
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  • Social
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  • Legal Name Centauri Health Solutions, Inc.
Operational Areas
Healthcare → Health Technology & Digital Health Unlock Sub-Sector Unlock Segment
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Technology → Enterprise Software & Productivity Solutions Unlock Sub-Sector Unlock Segment
Technology → Cloud, Data & Analytics Infrastructure Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $68.19 M (USD)

    in 3 rounds

  • Latest Funding Round
    $18.19 M (USD), Series A

    Jun 29, 2018

  • Investors
  • Employee Count
    1163

    as on Dec 31, 2022

  • Investments & Acquisitions
    AppRev

    & 7 more

  • Acquired by
    Abry

    (Jan 09, 2020)

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Products & Services of Centauri Health Solutions

Centauri Health Solutions offers a comprehensive portfolio of products and services, including Risk Adjustment, Quality Program Support, Clinical Data Exchange, Eligibility and Enrollment, and Revenue Cycle Analytics.

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Primary

Manages revenue through medical record retrieval and coding analytics.

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Assists with HEDIS compliance and quality improvement initiatives.

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Facilitates secure sharing of clinical data for providers and plans.

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Handles Medicaid and Medicare enrollment processes efficiently.

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Analyzes charges and pricing for hospital revenue optimization.

People of Centauri Health Solutions

Headcount 500-1000
Employee Profiles 120
Board Members and Advisors 1
Employee Profiles
People
Sabine Klinger
Business Development
People
Sajid Ali
Chief Software Architect
People
Carly Arroyo Cpc
Coding Quality Specialist
People
Mike McNelis
CEO

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Board Members and Advisors
people
Adam Miller
Executive Chairman

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Funding Insights of Centauri Health Solutions

Centauri Health Solutions has successfully raised a total of $68.19M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $18.19 million completed in June 2018. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Centauri Health Solutions

Centauri Health Solutions has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Abry Partners, Brookside Capital Partners and Silversmith.

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Venture Fund
Investor Description Founded Year Domain Location
Flexible capital solutions are provided to lower middle-market companies.
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Venture capital firm investing in technology and healthcare sectors
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Abry Partners is engaged in middle market private equity investments.
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Investor details for Centauri Health Solutions

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Verified entity values are shown only after access is granted.

Investments & Acquisitions by Centauri Health Solutions

Centauri Health Solutions has strategically engaged in corporate development activities, having acquired 8 companies. Notable acquisitions include AppRev, HCFS and Human Arc.

Investments
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Investment portfolio details for Centauri Health Solutions

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Acquisitions
Company Name Description Domain Location Founded Year Amount
Secure Exchange Solutions is engaged in clinical data exchange technology.
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Healthcare software development solutions are provided to the industry.
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Business intelligence services are provided by AppRev to various clients.
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Complete acquisition details for Centauri Health Solutions

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Financial Statements - Centauri Health Solutions

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Detailed financials for Centauri Health Solutions

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Centauri Health Solutions Comparisons

Centauri Health Solutions Primary company
Description
Provider of data management solutions for risk adjustment an...
Location
Phoenix, United States
Founded Year
2014
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
1,163
As of 2022
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Peer comparison for Centauri Health Solutions

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Competitors of Centauri Health Solutions

Centauri Health Solutions 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 Apixio, Codoxo, Health Fidelity, Reveleer and Vatica Health, among others.

Company Name Domain Founded year HQ Location Description
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Providing solutions for healthcare organization by optimizing costs and outcomes.
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AI-based platform for employee and individual healthcare planning
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NLP and analytics based risk adjustment solutions for providers and payers
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Medical records retrieved and reviewed for health plan risk adjustment.
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Cloud-based risk adjustment solutions are offered to healthcare providers.
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Detailed competitors of Centauri Health Solutions

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Latest news on Centauri Health Solutions

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Complete news archive for Centauri Health Solutions

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Frequently Asked Questions about Centauri Health Solutions

Centauri Health Solutions was founded in 2014 and raised its 1st funding round 2 years after it was founded.

Centauri Health Solutions is headquartered in Phoenix, United States. It is registered at Phoenix, Arizona, United States.

Mike McNelis is the current CEO of Centauri Health Solutions. They have also founded this company.

Centauri Health Solutions is a funded company, having raised a total of $68.19M across 3 funding rounds to date.

As of Dec 31, 2022, the latest employee count at Centauri Health Solutions is 1,163.

Centauri Health Solutions was established in 2014 in Phoenix, United States, within the healthcare data sector. A core technology platform is utilized, encompassing data integration, analytics, workflow tools, and business intelligence reporting. Medical record retrieval, coding, risk assessments, and quality gap closure services are delivered through data-driven processes and private cloud software, targeting risk adjustment and revenue optimization in health programs.

Centauri Health Solutions's top competitors include Apixio, Codoxo and Reveleer.

Centauri Health Solutions offers Risk Adjustment, Quality Program Support, Clinical Data Exchange, Eligibility and Enrollment, and Revenue Cycle Analytics.

Centauri Health Solutions has made 8 acquisitions, including AppRev, HCFS, and Human Arc.

Centauri Health Solutions has 3 investors. Key investors include Abry Partners, Brookside Capital Partners, and Silversmith.

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