Coronis Health

Baltimore, United States Founded: 1981 • Age: 45 yrs Acquired By Veritas Capital
Provider of revenue cycle management services

About Coronis Health

Coronis Health is a Healthcare company based in Baltimore (United States) founded in 1981, and was acquired by Veritas Capital in July 2022. Provider of revenue cycle management services. The company has 2,628 employees. Coronis Health has completed 3 acquisitions, including GoPMG, MSOC Health and Revenue Guard. Its website coronishealth.com draws about 14 thousand monthly visits. Its Indian entity Coronis It Systems Private Limited reported revenue of β‚Ή148 Cr. Coronis Health offers products and services including RCM Solutions and Medical Coding and Billing. Its focus areas include HealthTech, Healthcare IT, Provider and Administrative Solutions. Its competitors include R1 RCM, Xifin and AKASA; 2 of its 3 listed competitors have raised funding.

Company details

Coronis Health was established in 1981 and is headquartered in Baltimore, United States. Operations focus on the healthcare sector, where revenue cycle management services are delivered. These services encompass medical billing, coding, collections processes, and payment compliance support. Assistance is extended to healthcare providers to handle financial workflows efficiently across various facilities.

Key Metrics
  • Indian entity revenue
    ₹148 Cr

    FY 2025 · -13% YoY

  • Indian entity net profit
    ₹13.28 Cr

    FY 2025 · 9% margin

  • Indian entity EBITDA
    ₹26.73 Cr

    FY 2025 · 18% margin

  • Investors
  • Employee Count
    2,628
  • Investments & Acquisitions
    GoPMG

    & 2 more

  • Acquired by

Products & Services of Coronis Health

Coronis Health offers a comprehensive portfolio of products and services, including RCM Solutions and Medical Coding and Billing.

RCM Solutions
Revenue Cycle Management

Streamlines billing and collections for healthcare providers.

Medical Coding and Billing
Administrative Services

Handles accurate coding to ensure regulatory compliance and revenue optimization.

Funding Insights of Coronis Health

  • Total Rounds 1
  • Investors Count 1

All 1 funding rounds of Coronis Health with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Nov 2016Unspecified––
Valuation history

2 investors in total: 2 institutional.

Investors in Coronis Health

Coronis Health has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Veritas Capital and Eagle Private Capital.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
Eagle Private Capital is engaged in mezzanine financing and private equity investments.
eagleprivatecapital.comSt. Louis, United States
Technology enterprises are targeted for private equity investments.
1992veritascapital.comNew York, United States
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Investor details for Coronis Health

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Board of directors of Coronis It Systems Private Limited (Coronis Health)

Coronis It Systems Private Limited is the primary company behind Coronis Health. The board of Coronis It Systems Private Limited currently have 2 directors; the longest-serving is Amit Gupta, appointed in 2013. 4 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Amit Gupta
DIN 03441938
Director21 Mar 201313 yrs 7 moCoronis It Systems Private Limited
Narasimha Nayak Kumbla
DIN 07083014
Director14 May 20233 yrs 5 moCoronis It Systems Private Limited

People of Coronis Health

1 people are tracked at Coronis Health (1 in leadership); the tracked headcount is 2,628.

NameRoleGroup
Neda Ryan
Chief Legal Officer And General CounselLeadership
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Financials of Coronis Health

Figures of Coronis It Systems Private Limited, the primary company behind Coronis Health, for FY 2025. Revenue was ₹148 Cr (-13% year on year). Net profit was ₹13.28 Cr (9% margin). EBITDA was ₹26.73 Cr (18% margin). Revenue has grown at a compounded annual rate of +32% over three years and +63% over five years.

  • ₹148 CrRevenue · FY 2025 · -13% YoY
  • ₹13.28 CrNet profit · 9% margin
  • ₹26.73 CrEBITDA · 18% margin
  • ₹49.2 LakhPaid-up capital
  • 2,628Employees (provident fund records)
  • +32%Revenue CAGR, 3 years
  • +63%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Coronis It Systems Private Limited are on its company page.

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Detailed financial statements for Coronis Health

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Investments & Acquisitions by Coronis Health

Coronis Health has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include GoPMG, MSOC Health and Revenue Guard.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Medical billing services are provided to healthcare providers by PMG.
gopmg.comPawtucket, United States1998Feb 2022β€’β€’β€’β€’
Revenue cycle management services are provided to the medical industry.
revenue-guard.comMorganville, United States2006Apr 2021β€’β€’β€’β€’
Revenue cycle management, credentialing, and healthcare consulting services are provided.
msochealth.comChapel Hill, United States1997Oct 2019β€’β€’β€’β€’
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Complete acquisition details for Coronis Health

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Timeline of Coronis Health

6 dated milestones of Coronis Health across 41 years, from founding to its latest funding, stage changes and deals.

  1. Founded Coronis Health is founded.
  2. Funding First funding round.
  3. Acquisition Acquires MSOC Health.
  4. Acquisition Acquires Revenue Guard.
  5. Acquisition Acquires GoPMG.
  6. Exit Acquired by Veritas Capital.

Competitors of Coronis Health

Coronis Health has 3 listed competitors in our database, 2 of them funded. They include R1 RCM, Xifin and AKASA.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
r1rcm.com2003Chicago, United States16,445
End-to-end revenue cycle management is provided for healthcare organizations.
xifin.com1997San Diego, United States$6M861
Cloud-based billing & revenue cycle management solutions for diagnostic service providers
akasa.com2018San Francisco, United States$80M46
Revenue cycle automation platforms are provided for healthcare reimbursement.
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Detailed competitors of Coronis Health

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Web traffic of Coronis Health

The website of Coronis Health (coronishealth.com) receives about 14.3K visits a month.

  • Monthly visits
    14.3K
Similar websites

Websites whose visitors overlap most with Coronis Health. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
mba-healthcare-management.com
mba-healthcare-management.com
100%
#5,214,648–
247medicalbillingservices.com
247medicalbillingservices.com
98%
#2,107,382–
sybridmd.com
sybridmd.com
92%
#2,203,725–
plutushealthinc.com
plutushealthinc.com
90%
#2,338,211–
curemd.com
90%
#626,216View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 27 similar websites and full traffic analytics for Coronis Health

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  • 27 similar websites
  • Audience overlap
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Verified entity values are shown only after access is granted.

Top companies in Clinical IT & Data Platforms

3 companies that operate in the same segment as Coronis Health (Clinical IT & Data Platforms) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Employee health benefits are facilitated via a cloud-based platform.
2007Plymouth Meeting, Pennsylvania, United StatesUSD 228.3 M
Healthcare appointments are booked online via Zocdoc's platform.
2007New York, New York, United StatesUSD 425.97 MUSD 4.66 M1,365
Virtual physical therapy and digital pain care solutions are provided.
2015San Francisco, California, United StatesUSD 854.44 M1,746
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Related news about Coronis Health

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Complete news archive for Coronis Health

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Frequently Asked Questions about Coronis Health

Coronis Health was founded in 1981 and raised its 1st funding round 35 years after it was founded.

Coronis Health is headquartered in Baltimore, United States. It is registered at Baltimore, Maryland, United States.

Coronis Health has 2,628 employees.

The primary company behind Coronis Health, Coronis It Systems Private Limited, reported revenue of β‚Ή148 Cr for FY 2025, down 13% year on year.

Coronis Health was established in 1981 and is headquartered in Baltimore, United States. Operations focus on the healthcare sector, where revenue cycle management services are delivered. These services encompass medical billing, coding, collections processes, and payment compliance support. Assistance is extended to healthcare providers to handle financial workflows efficiently across various facilities.

Coronis Health's top competitors include R1 RCM, AKASA and Xifin.

Coronis Health offers RCM Solutions and Medical Coding and Billing.

Coronis Health has made 3 acquisitions, including GoPMG, MSOC Health, and Revenue Guard.

Coronis Health has 2 investors. Key investors include Veritas Capital, and Eagle Private Capital.

Coronis Health operates through Coronis It Systems Private Limited.

Yes. Coronis Health was acquired by Veritas Capital in July 2022.

The legal entities of Coronis Health currently have 2 directors, including Narasimha Nayak Kumbla, Amit Gupta.

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