About Corridor
Corridor is a company based in Overland Park (United States) founded in 1989 was acquired by WellSky in October 2023.. The company has 215 employees as of December 31, 2021. Corridor has completed 3 acquisitions, including HMS Healthcare Management Solutions, Healthcare Management Solutions and Transpirus. Corridor operates in a competitive market with competitors including iMedX, Centivo, Light Wave Dental, MultiPlan and EyeCare Partners, among others.
- Headquarter Overland Park, United States
- Employees 215 as on 31 Dec, 2021
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Sectors
Healthcare
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Phone
*********
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Website
*********
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Social
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- Legal Name The Corridor Group Holdings, Llc
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
WellSky
& 1 more
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Employee Count
215
as on Dec 31, 2021
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Investments & Acquisitions
HMS Healthcare Management Solutions
& 2 more
- Acquired by
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Funding Insights of Corridor
| 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 Corridor
Corridor has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include WellSky and HealthEdge Partners. 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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Investing in healthcare businesses through private equity partnerships.
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Founded Year | Domain | Location | |
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Health care management platform is provided for providers and patients.
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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 Corridor
Corridor has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include HMS Healthcare Management Solutions, Healthcare Management Solutions and Transpirus. 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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Diversified consulting services are offered to various clients.
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2012 | ||||
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Healthcare management and consulting services are provided by HMS.
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2002 | ||||
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Revenue cycle management and consulting services for healthcare are provided.
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1996 |
| 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 - Corridor
| 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 |
Corridor Comparisons
Competitors of Corridor
Corridor 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 iMedX, Centivo, Light Wave Dental, MultiPlan and EyeCare Partners, 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 |
Revenue cycle management platform is provided to healthcare providers.
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| domain | founded_year | HQ Location |
Provider of self funded health plan
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| domain | founded_year | HQ Location |
Dental practice brokerage services are provided to facilitate transactions.
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| domain | founded_year | HQ Location |
Medical payment integrity and analytics services are provided by MultiPlan.
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| domain | founded_year | HQ Location |
Provider of revenue cycle management, staffing, marketing, and IT & business support services
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| domain | founded_year | HQ Location |
Software solutions for laboratory diagnostics are provided to healthcare.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Corridor
Frequently Asked Questions about Corridor
When was Corridor founded?
Corridor was founded in 1989.
Where is Corridor located?
Corridor is headquartered in Overland Park, United States. It is registered at Overland Park, Kansas, United States.
Who is the current CEO of Corridor?
Des Varady is the current CEO of Corridor.
How many employees does Corridor have?
As of Dec 31, 2021, the latest employee count at Corridor is 215.
What does Corridor do?
Corridor was founded in 1989 and is headquartered in Overland Park, United States. Operations focus on the healthcare sector, where revenue cycle management, medical coding, advisory support, compliance solutions, specialized products, and educational resources are delivered. These services assist healthcare providers in optimizing financial processes and ensuring regulatory adherence across various facilities.
Who are the top competitors of Corridor?
Corridor's top competitors include Centivo, Rennova Health and MultiPlan.
How many acquisitions has Corridor made?
Corridor has made 3 acquisitions, including HMS Healthcare Management Solutions, Healthcare Management Solutions, and Transpirus.
Who are Corridor's investors?
Corridor has 2 investors. Key investors include WellSky, and HealthEdge Partners.
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