About Databound Healthcare Solutions
Databound Healthcare Solutions is a Healthcare company based in Ithaca (United States) founded in 1999, and was acquired by Cloudmed in April 2021. Revenue cycle automation solutions are offered for hospitals. It operates in the Healthcare and Technology sectors. Databound Healthcare Solutions offers products and services including R1 Platform, Intelligent Automation, Deep-Data Analytics, and Rules Engine. Its focus areas include HealthTech, Healthcare IT, Provider and Administrative Solutions. Its competitors include R1 RCM, Xifin and Culture Biosciences; 2 of its 3 listed competitors have raised funding.
Company details
Databound Healthcare Solutions automates hospital revenue management tasks and business processes for efficient operations and increased revenue. Its solution EMUE revenue cycle solution allows hospitals to improve their revenue and efficiency through automation. It provides a dashboard for real-time process monitoring to help the IT staff have an insight, control, and the ability to validate critical processes remotely. Also, provides reCover service that enables hospitals to automate claim discovery and increase revenue for healthcare facilities.
- Headquarters Ithaca, United States
- Stage Acquired
- SectorsHealthcareTechnology
- Email••••••••
- Phone•••• ••••
- Website databoundhealthcare.com
- Social LinkedIn X Facebook
- Acquired by Cloudmed (Apr 2021)
Products & Services of Databound Healthcare Solutions
Databound Healthcare Solutions offers a comprehensive portfolio of products and services, including R1 Platform, Intelligent Automation, Deep-Data Analytics, and Rules Engine.
AI-powered tool for optimizing healthcare revenue cycles
Automates workflows to enhance revenue cycle efficiency
Uses data to improve reimbursement and operational performance
Enforces algorithms for accurate revenue cycle processes
Investors in Databound Healthcare Solutions
Databound Healthcare Solutions has secured backing from 1 investor. Prominent investors backing the company include Cloudmed.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Revenue cycle management solutions are provided for healthcare organizations. | 2007 | cloudmed.com | Atlanta, United States |
Investor details for Databound Healthcare Solutions
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Timeline of Databound Healthcare Solutions
2 dated milestones of Databound Healthcare Solutions across 22 years, from founding to its latest funding, stage changes and deals.
- Founded Databound Healthcare Solutions is founded.
- Exit Acquired by Cloudmed.
Competitors of Databound Healthcare Solutions
Databound Healthcare Solutions has 3 listed competitors in our database, 2 of them funded. They include R1 RCM, Xifin and Culture Biosciences.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| r1rcm.com | 2003 | Chicago, United States | 16,445 | End-to-end revenue cycle management is provided for healthcare organizations. | ||
| xifin.com | 1997 | San Diego, United States | $6M | 861 | Cloud-based billing & revenue cycle management solutions for diagnostic service providers | |
| culturebiosciences.com | 2016 | San Francisco, United States | $107.22M | 35 | Biomanufacturing hardware and software tools are provided for research purposes. |
Detailed competitors of Databound Healthcare Solutions
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Top companies in Clinical IT & Data Platforms
3 companies that operate in the same segment as Databound Healthcare Solutions (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 Databound Healthcare Solutions
Databound Healthcare Solutions was founded in 1999.
Databound Healthcare Solutions is headquartered in Ithaca, United States. It is registered at Ithaca, New York, United States.
Databound Healthcare Solutions automates hospital revenue management tasks and business processes for efficient operations and increased revenue. Its solution EMUE revenue cycle solution allows hospitals to improve their revenue and efficiency through automation. It provides a dashboard for real-time process monitoring to help the IT staff have an insight, control, and the ability to validate critical processes remotely. Also, provides reCover service that enables hospitals to automate claim discovery and increase revenue for healthcare facilities.
Databound Healthcare Solutions's top competitors include R1 RCM, Culture Biosciences and Xifin.
Databound Healthcare Solutions offers R1 Platform, Intelligent Automation, Deep-Data Analytics, and Rules Engine.
Databound Healthcare Solutions has 1 investor. Key investors include Cloudmed.
Yes. Databound Healthcare Solutions was acquired by Cloudmed in April 2021.