About Connance
Connance is a Healthcare company based in Waltham (United States) founded in 2007, and was acquired by Waystar in September 2018. Cloud-based predictive analytics for revenue cycle and population health workflow optimization. Connance offers products and services including Financial Clearance, Revenue Capture, Claim Management, and Analytics Reporting. Its focus areas include HealthTech, Healthcare IT, Value Based Care and Volume-to-Value Transition. Its legal entity is Connance, Inc. Its competitors include Lumeris, Arcadia and Aetion; 3 of its 3 listed competitors have raised funding.
Company details
Connance was founded in 2007 and is headquartered in Waltham, United States. Operations focus on the healthcare sector, where cloud-based predictive analytics technology is provided to assist providers in optimizing clinical and financial workflows. Revenue cycle solutions encompass patient pay optimization, claims optimization, and vendor management. Population health solutions address re-admissions, care transitions, and bundled payments.
Products & Services of Connance
Connance offers a comprehensive portfolio of products and services, including Financial Clearance, Revenue Capture, Claim Management, and Analytics Reporting.
Automates insurance verification and prior authorizations for providers
Identifies missing charges to optimize revenue collection
Streamlines claim monitoring and attachments processing
Provides data insights for denial prevention and recovery
Apps and channels of Connance
its YouTube channel Waystar has 311 subscribers and 30 videos.
Videos from Connance
The most watched videos on Connance's YouTube channel, Waystar (311 subscribers). Click a video to play it here.
More on Waystar.
Investors in Connance
Connance has secured backing from 1 investor. Prominent investors backing the company include Waystar.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Cloud-based healthcare revenue cycle management solutions are provided. | 2000 | waystar.com | Duluth, United States |
Investor details for Connance
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- Complete investor list
- Round participation
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Verified entity values are shown only after access is granted.
Timeline of Connance
2 dated milestones of Connance across 11 years, from founding to its latest funding, stage changes and deals.
- Founded Connance is founded.
- Exit Acquired by Waystar.
Competitors of Connance
Connance has 3 listed competitors in our database, 3 of them funded. They include Lumeris, Arcadia and Aetion.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| lumeris.com | 2001 | Maryland Heights, United States | $477.3M | 1,375 | Lumeris offers population management and accountable care solutions | |
| arcadia.io | 2002 | Boston, United States | $72.5M | 409 | AI-based healthcare data analytics platform is provided for organizations. | |
| aetion.com | 2012 | New York, United States | $203.6M | Provides payer/provider, biopharma and medical device customers with a platform to allow them to gain insights into the clinical and financial status of a population |
Detailed competitors of Connance
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Connance
Websites that share an audience with Connance (connance.com).
Websites whose visitors overlap most with Connance. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| imshealth.com | 100% | 11.7K | #1,292,597 | View details |
Top companies in Clinical IT & Data Platforms
3 companies that operate in the same segment as Connance (Clinical IT & Data Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Employee health benefits are facilitated via a cloud-based platform. | 2007 | Plymouth Meeting, Pennsylvania, United States | USD 228.3 M | |||
Healthcare appointments are booked online via Zocdoc's platform. | 2007 | New York, New York, United States | USD 425.97 M | USD 4.66 M | 1,365 | |
Virtual physical therapy and digital pain care solutions are provided. | 2015 | San Francisco, California, United States | USD 854.44 M | 1,746 |
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Frequently Asked Questions about Connance
Connance was founded in 2007.
Connance is headquartered in Waltham, United States. It is registered at Waltham, Massachusetts, United States.
Connance was founded in 2007 and is headquartered in Waltham, United States. Operations focus on the healthcare sector, where cloud-based predictive analytics technology is provided to assist providers in optimizing clinical and financial workflows. Revenue cycle solutions encompass patient pay optimization, claims optimization, and vendor management. Population health solutions address re-admissions, care transitions, and bundled payments.
Connance offers Financial Clearance, Revenue Capture, Claim Management, and Analytics Reporting.
Connance has 1 investor. Key investors include Waystar.
Connance operates through Connance, Inc..
Yes. Connance was acquired by Waystar in September 2018.
