Databound Healthcare Solutions

Ithaca, United States Founded: 1999 • Age: 27 yrs Acquired By Cloudmed
Revenue cycle automation solutions are offered for hospitals.
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About Databound Healthcare Solutions

Databound Healthcare Solutions is a company based in Ithaca (United States) founded in 1999 was acquired by Cloudmed in April 2021.. Databound Healthcare Solutions offers products and services including R1 Platform, Intelligent Automation, Deep-Data Analytics, and Rules Engine. Databound Healthcare Solutions operates in a competitive market with competitors including R1 RCM, Xifin, Culture Biosciences, AKASA and Infinx, among others.

  • Headquarter Ithaca, United States
  • Sectors
    Healthcare
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
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Operational Areas
Healthcare → Health Technology & Digital Health
Technology → Robotics, Automation & Advanced Manufacturing
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Cloudmed

    (Apr 01, 2021)

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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. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

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

Funding Insights of Databound Healthcare Solutions

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Databound Healthcare Solutions

Databound Healthcare Solutions has secured backing from 1 investor. Prominent investors backing the company include Cloudmed. 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.

All
Investor Description Founded Year Domain Location
Revenue cycle management solutions are provided for healthcare organizations.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Databound Healthcare Solutions

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Databound Healthcare Solutions

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Databound Healthcare Solutions Comparisons

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Competitors of Databound Healthcare Solutions

Databound Healthcare Solutions 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, Culture Biosciences, AKASA and Infinx, 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
End-to-end revenue cycle management is provided for healthcare organizations.
domain founded_year HQ Location
Cloud-based billing & revenue cycle management solutions for diagnostic service providers
domain founded_year HQ Location
Biomanufacturing hardware and software tools are provided for research purposes.
domain founded_year HQ Location
Revenue cycle automation platforms are provided for healthcare reimbursement.
domain founded_year HQ Location
Revenue cycle management platform for healthcare is provided.
domain founded_year HQ Location
AI-driven solutions for healthcare operations are provided.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Databound Healthcare Solutions

Frequently Asked Questions about Databound Healthcare Solutions

When was Databound Healthcare Solutions founded?

Databound Healthcare Solutions was founded in 1999.

Where is Databound Healthcare Solutions located?

Databound Healthcare Solutions is headquartered in Ithaca, United States. It is registered at Ithaca, New York, United States.

What does Databound Healthcare Solutions do?

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.

Who are the top competitors of Databound Healthcare Solutions?

Databound Healthcare Solutions's top competitors include R1 RCM, Culture Biosciences and AKASA.

What products or services does Databound Healthcare Solutions offer?

Databound Healthcare Solutions offers R1 Platform, Intelligent Automation, Deep-Data Analytics, and Rules Engine.

Who are Databound Healthcare Solutions's investors?

Databound Healthcare Solutions has 1 investor. Key investors include Cloudmed.

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