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
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Sectors
HealthcareFinancial Services Technology
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Centauri Health Solutions, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$68.19 M (USD)
in 3 rounds
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Latest Funding Round
$18.19 M (USD), Series A
Jun 29, 2018
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Investors
Abry Partners
& 2 more
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Employee Count
1163
as on Dec 31, 2022
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Investments & Acquisitions
AppRev
& 7 more
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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. 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.
Manages revenue through medical record retrieval and coding analytics.
Assists with HEDIS compliance and quality improvement initiatives.
Facilitates secure sharing of clinical data for providers and plans.
Handles Medicaid and Medicare enrollment processes efficiently.
Analyzes charges and pricing for hospital revenue optimization.
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Software Development Team
26 people
Leadership Team
19 people
Data Analysis and Operations Team
8 people
Senior Team
7 people
Operations Team
7 people
Sales and Marketing
5 people
Finance and Accounting
5 people
Product Management Team
5 people
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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.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Series A — $18.2M
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First Round
First Round
(16 May 2016)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2018 | Amount | Series A - Centauri Health Solutions | Valuation | Brookside Mezzanine Partners |
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| Mar, 2017 | Amount | Series A - Centauri Health Solutions | Valuation | Brookside Mezzanine Partners |
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| May, 2016 | Amount | Series A - Centauri Health Solutions | Valuation | Silversmith |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
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. 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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Flexible capital solutions are provided to lower middle-market companies.
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Founded Year | Domain | Location | |
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Venture capital firm investing in technology and healthcare sectors
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Founded Year | Domain | Location | |
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Abry Partners is engaged in middle market private equity investments.
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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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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
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. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Secure Exchange Solutions is engaged in clinical data exchange technology.
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2007 | ||||
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Healthcare software development solutions are provided to the industry.
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2006 | ||||
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Business intelligence services are provided by AppRev to various clients.
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2003 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Centauri Health Solutions
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
Centauri Health Solutions Comparisons
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. 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Providing solutions for healthcare organization by optimizing costs and outcomes.
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| domain | founded_year | HQ Location |
AI-based platform for employee and individual healthcare planning
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| domain | founded_year | HQ Location |
NLP and analytics based risk adjustment solutions for providers and payers
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| domain | founded_year | HQ Location |
Medical records retrieved and reviewed for health plan risk adjustment.
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| domain | founded_year | HQ Location |
Cloud-based risk adjustment solutions are offered to healthcare providers.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Centauri Health Solutions
Frequently Asked Questions about Centauri Health Solutions
When was Centauri Health Solutions founded?
Centauri Health Solutions was founded in 2014 and raised its 1st funding round 2 years after it was founded.
Where is Centauri Health Solutions located?
Centauri Health Solutions is headquartered in Phoenix, United States. It is registered at Phoenix, Arizona, United States.
Who is the current CEO of Centauri Health Solutions?
Mike McNelis is the current CEO of Centauri Health Solutions. They have also founded this company.
Is Centauri Health Solutions a funded company?
Centauri Health Solutions is a funded company, having raised a total of $68.19M across 3 funding rounds to date. The company's 1st funding round was a Series A of $50M, raised on May 16, 2016.
How many employees does Centauri Health Solutions have?
As of Dec 31, 2022, the latest employee count at Centauri Health Solutions is 1,163.
What does Centauri Health Solutions do?
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.
Who are the top competitors of Centauri Health Solutions?
What products or services does Centauri Health Solutions offer?
Centauri Health Solutions offers Risk Adjustment, Quality Program Support, Clinical Data Exchange, Eligibility and Enrollment, and Revenue Cycle Analytics.
How many acquisitions has Centauri Health Solutions made?
Who are Centauri Health Solutions's investors?
Centauri Health Solutions has 3 investors. Key investors include Abry Partners, Brookside Capital Partners, and Silversmith.
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