About ECHO Health
ECHO Health is a company based in Westlake (United States). It operates as a SaaS (Software-as-a-Service), FinTech, and Managed Services. ECHO Health has completed 1 acquisition, including Prelude Software. ECHO Health offers products and services including ECHO® for Healthcare, ECHO® for Property & Casualty, ECHO® for Accounts Payable, Simplicity®, and SimplicityRx®. ECHO Health operates in a competitive market with competitors including Greenphire, Zelis Healthcare, Cedar, VisitPay and PayZen, among others.
- Headquarter Westlake, United States
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Sectors
TechnologyFinancial Services Real Estate & Construction
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Email
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Website
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Social
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- Legal Name Echo Health Inc.
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Annual Revenue
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- Investments & Acquisitions
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Products & Services of ECHO Health
ECHO Health offers a comprehensive portfolio of products and services, including ECHO® for Healthcare, ECHO® for Property & Casualty, ECHO® for Accounts Payable, Simplicity®, and SimplicityRx®. 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.
A platform for digital healthcare payment processing solutions.
Digital payment solutions for insurance claim processing needs.
Automation for business payment processing and reconciliation tasks.
Turnkey solution for modern consumer payment experience options.
Compliant solution for Medicare prescription payment plan requirements.
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Funding Insights of ECHO Health
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Investments & Acquisitions by ECHO Health
ECHO Health has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Prelude Software. 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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Modular platform for payment processing
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1988 |
| 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 - ECHO Health
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Echo Health Comparisons
Competitors of ECHO Health
ECHO Health 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 Greenphire, Zelis Healthcare, Cedar, VisitPay and PayZen, 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 |
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Clinical payment technology for patient transactions in research is provided.
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Digital solutions to modernize the healthcare financial experience for payers, providers, and members
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Cloud-based payment solutions are provided for healthcare billing and analytics.
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Cloud-based patient revenue management is delivered to healthcare providers.
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| domain | founded_year | HQ Location |
AI medical billing software for healthcare professionals and organizations
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Healthcare benefits are administered via tax-advantaged account platforms.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about ECHO Health
Where is ECHO Health located?
ECHO Health is headquartered in Westlake, United States.
What does ECHO Health do?
Payment solutions are developed by ECHO Health for various industries including healthcare, property and casualty insurance, and accounts payable. Digital payment platforms are offered to health plans, dental plans, TPAs, healthcare providers, and ICHRA administrators to enhance efficiency and integration. Services are extended to Medicare Part D sponsors and PBMs with compliant solutions for prescription payment plans. Automation and seamless processing are prioritized to reduce costs and complexity. A network of over 1.6 million provider connections is maintained to support fast and secure transactions across sectors.
Who are the top competitors of ECHO Health?
ECHO Health's top competitors include Greenphire, Cedar and PayZen.
What products or services does ECHO Health offer?
ECHO Health offers ECHO® for Healthcare, ECHO® for Property & Casualty, ECHO® for Accounts Payable, Simplicity®, and SimplicityRx®.
How many acquisitions has ECHO Health made?
ECHO Health has made 1 acquisition, including Prelude Software.
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