About Discovery Health Partners
Discovery Health Partners is a company based in Itasca (United States) founded in 2008 was acquired by MultiPlan in January 2021.. Discovery Health Partners has raised $22.5 million across 1 funding round from investors including MultiPlan and Carrick Capital Partners. Discovery Health Partners has completed 1 acquisition, including HealthMind. Discovery Health Partners offers products and services including Analytics-Based Services, Data & Decision Science Services, Network-Based Services, and Payment & Revenue Integrity Services. Discovery Health Partners operates in a competitive market with competitors including MiyaHealth, Enlace Health, Rialtic, Free Market Health and HMM Deutschland, among others.
- Headquarter Itasca, United States
-
Sectors
Healthcare
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Claritev Corporation
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$22.5 M (USD)
in 1 rounds
-
Latest Funding Round
$22.5 M (USD), Series B
Aug 01, 2015
-
Investors
MultiPlan
& 1 more
-
Employee Count
Employee Count
- Investments & Acquisitions
- Acquired by
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Discovery Health Partners
Discovery Health Partners offers a comprehensive portfolio of products and services, including Analytics-Based Services, Data & Decision Science Services, Network-Based Services, and Payment & Revenue Integrity Services. 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.
Analyzes medical charges to identify cost reductions for healthcare stakeholders
Provides insights for healthcare plan design and cost optimization
Manages custom provider networks for scalable healthcare solutions
Prevents improper billing to maximize savings in healthcare
Unlock access to complete
Funding Insights of Discovery Health Partners
Discovery Health Partners has successfully raised a total of $22.5M through 1 strategic funding round. The most recent funding activity was a Series B round of $22.5 million completed in August 2015. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Series B — $22.5M
-
First Round
First Round
(01 Aug 2015)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2015 | Amount | Series B - Discovery Health Partners | Valuation |
investors |
| 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 Discovery Health Partners
Discovery Health Partners has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include MultiPlan and Carrick Capital 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 |
|---|---|---|---|---|
|
PE firm invests in the US
|
Founded Year | Domain | Location | |
|
Medical payment integrity and analytics services are provided by MultiPlan.
|
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 Discovery Health Partners
Discovery Health Partners has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include HealthMind. 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 |
|---|---|---|---|---|---|
|
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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Pre- and post-payment services are integrated via a cloud-based platform.
|
2005 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
OVO is recognized as a smart digital payment application.
|
2017 | ||||
|
Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Discovery Health Partners
| 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 |
Discovery Health Partners Comparisons
Competitors of Discovery Health Partners
Discovery Health Partners 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 MiyaHealth, Enlace Health, Rialtic, Free Market Health and HMM Deutschland, 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 |
Digital medical cost management solution for payors and employers
|
|
| domain | founded_year | HQ Location |
Provider of data analytics and other IT infrastructure management services
|
|
| domain | founded_year | HQ Location |
Payment solutions for healthcare sectors
|
|
| domain | founded_year | HQ Location |
Digital medication cost analysis and management tool for payers and pharmacies
|
|
| domain | founded_year | HQ Location |
Provider of halthcare billing solutions for healthcare sectors
|
|
| domain | founded_year | HQ Location |
Provider of payment and reimbursement solutions
|
| 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 Discovery Health Partners
Frequently Asked Questions about Discovery Health Partners
When was Discovery Health Partners founded?
Discovery Health Partners was founded in 2008 and raised its 1st funding round 7 years after it was founded.
Where is Discovery Health Partners located?
Discovery Health Partners is headquartered in Itasca, United States. It is registered at Itasca, Illinois, United States.
Who is the current CEO of Discovery Health Partners?
Jason Brown is the current CEO of Discovery Health Partners.
Is Discovery Health Partners a funded company?
Discovery Health Partners is a funded company, having raised a total of $22.5M across 1 funding round to date. The company's 1st funding round was a Series B of $22.5M, raised on Aug 01, 2015.
What does Discovery Health Partners do?
Discovery Health Partners was founded in 2008 and is based in Itasca, United States. Software and solutions for payment integrity are developed for healthcare payers in the sector. Operations focus on analytics to assess initiative performance, claims processing enhancements for cost management, coordination of benefits to detect additional coverage, eligibility data handling, subrogation for third-party recoveries, and services to refine overall efficiency.
Who are the top competitors of Discovery Health Partners?
Discovery Health Partners's top competitors include Free Market Health, Enlace Health and MiyaHealth.
What products or services does Discovery Health Partners offer?
Discovery Health Partners offers Analytics-Based Services, Data & Decision Science Services, Network-Based Services, and Payment & Revenue Integrity Services.
How many acquisitions has Discovery Health Partners made?
Discovery Health Partners has made 1 acquisition, including HealthMind.
Who are Discovery Health Partners's investors?
Discovery Health Partners has 2 investors. Key investors include MultiPlan, and Carrick Capital Partners.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.