Cloudmed

Atlanta, United States Founded: 2007 • Age: 19 yrs Acquired By R1 RCM
Revenue cycle management solutions are provided for healthcare organizations.
Annual revenue - Latest available
Total funding - Funding intelligence
Employees 1954 Tracked headcount
Investors 1 Known backers
Products 4 Services tracked
Competitors 10 Brand Intelligence

About Cloudmed

Cloudmed is a company based in Atlanta (United States) founded in 2007 was acquired by R1 RCM in January 2022. The company has 1,954 employees as of December 31, 2022. Cloudmed has completed 6 acquisitions, including Acustream, Cloudmed and Databound Healthcare Solutions. Cloudmed offers products and services including Acceleration Suite, Optimization Suite, Government Navigation Suite, and Automation Suite. Cloudmed operates in a competitive market with competitors including R1 RCM, Xifin, AKASA, Infinx and ABI Health, among others.

  • Headquarter Atlanta, United States
  • Employees 1954 as on 31 Dec, 2022
  • Sectors
    Healthcare
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Cloudmed Solutions, Llc
Operational Areas
Healthcare → Health Technology & Digital Health Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Latest Funding Round
    Not available
  • Investors
  • Employee Count
    1954

    as on Dec 31, 2022

  • Investments & Acquisitions
    Acustream

    & 5 more

  • Acquired by
    R1 RCM

    (Jan 10, 2022)

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Products & Services of Cloudmed

Cloudmed offers a comprehensive portfolio of products and services, including Acceleration Suite, Optimization Suite, Government Navigation Suite, and Automation Suite.

Product name locked
Category locked
Primary

Fast-tracks cash for complex claims and denials.

Product name locked
Category locked
Locked

Captures underpaid revenue across the revenue cycle.

Product name locked
Category locked
Locked

Optimizes government program reimbursements and compliance.

Product name locked
Category locked
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Simplifies labor-intensive revenue cycle tasks.

People of Cloudmed

Headcount 1000-5000
Employee Profiles 58
Employee Profiles
People
Kristina Bourke
EVP, Operations, Revenue Solutions of R1
People
Avery W.
Director
People
Travis Allen
Vice President Of Patient Experience Sales
People
Brianna Spraker
Director, Commercial Operations

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Funding Insights of Cloudmed

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Detailed funding history for Cloudmed

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  • Funding amounts
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Investors in Cloudmed

Cloudmed has secured backing from 1 investor. Prominent investors backing the company include R1 RCM.

All
Investor Description Founded Year Domain Location
End-to-end revenue cycle management is provided for healthcare organizations.
Locked Locked Locked
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Investor details for Cloudmed

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  • Investor domains
  • Investor locations
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  • Participation history

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Investments & Acquisitions by Cloudmed

Cloudmed has strategically engaged in corporate development activities, having acquired 6 companies. Notable acquisitions include Acustream, Cloudmed and Databound Healthcare Solutions.

Investments
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Investment portfolio details for Cloudmed

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  • Transaction dates
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Acquisitions
Company Name Description Domain Location Founded Year Amount
Patient referrals are managed via cloud-based analytics and mobile alerts.
Locked Locked 2011 Locked
Healthcare revenue cycle solutions are provided for medical providers.
Locked Locked 2010 Locked
Provider of health insurance services
Locked Locked 2010 Locked
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Complete acquisition details for Cloudmed

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  • Acquired stakes
  • Disclosed values
  • Domains and locations

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Financial Statements - Cloudmed

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Detailed financials for Cloudmed

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  • Profit trends
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Cloudmed Comparisons

Cloudmed Primary company
Description
Revenue cycle management solutions are provided for healthca...
Location
Atlanta, United States
Founded Year
2007
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
1,954
As of 2022
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Peer comparison for Cloudmed

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Competitors of Cloudmed

Cloudmed 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 R1 RCM, Xifin, AKASA, Infinx and ABI Health, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
End-to-end revenue cycle management is provided for healthcare organizations.
Locked Locked Locked
Cloud-based billing & revenue cycle management solutions for diagnostic service providers
Locked Locked Locked
Revenue cycle automation platforms are provided for healthcare reimbursement.
Locked Locked Locked
Revenue cycle management platform for healthcare is provided.
Locked Locked Locked
AI-driven solutions for healthcare operations are provided.
Locked Locked Locked
Billing solutions for dentists are provided by Zentist.
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Detailed competitors of Cloudmed

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Latest news on Cloudmed

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Complete news archive for Cloudmed

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  • Source and publication date
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  • Brand-specific news history

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Frequently Asked Questions about Cloudmed

Cloudmed was founded in 2007.

Cloudmed is headquartered in Atlanta, United States. It is registered at Atlanta, Georgia, United States.

Lee Rivas is the current CEO of Cloudmed.

As of Dec 31, 2022, the latest employee count at Cloudmed is 1,954.

Cloudmed was founded in 2007 and is headquartered in Atlanta, United States. Revenue cycle management solutions are delivered to healthcare organizations via a data-driven platform focused on financial operations. Services encompass denials recovery, accounts receivable recovery, claims management, underpayment recovery, payer accountability, Medicare reimbursement, and error optimization in medical coding and billing. The company operates within the healthcare sector to support financial efficiency.

Cloudmed's top competitors include R1 RCM, AKASA and ABI Health.

Cloudmed offers Acceleration Suite, Optimization Suite, Government Navigation Suite, and Automation Suite.

Cloudmed has made 6 acquisitions, including Acustream, Cloudmed, and Databound Healthcare Solutions.

Cloudmed has 1 investor. Key investors include R1 RCM.

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