About Edifecs
Edifecs is a Healthcare company based in Bellevue (United States) founded in 1996, and was acquired by Cotiviti in February 2025. Healthcare IT solutions are provided for organizations worldwide. The company has 431 employees. Edifecs has completed 2 acquisitions, including Health Fidelity and Talix. Its website edifecs.com draws about 24 thousand monthly visits. Its Indian entity Edifecs Technologies Private Limited reported revenue of ₹145 Cr. Edifecs offers products and services including Healthcare Interoperability Cloud, EDI Gateway, and FHIR Gateway. Its focus areas include HealthTech, Healthcare IT, Horizontal and Suite Solutions. Its competitors include Azalea Health, DrFirst and Innovaccer; 3 of its 3 listed competitors have raised funding.
Company details
Edifecs was founded in 1996 and is headquartered in Bellevue, United States. Healthcare IT solutions are developed for providers, insurers, pharmacy benefit management companies, and trading partners. Operations focus on streamlining data exchange and compliance in the healthcare sector. Supply chain management solutions are extended to non-healthcare industries to support efficiency across segments.
- Headquarters Bellevue, United States
- Employees 431
- Stage Acquired
- SectorsHealthcare
- Website edifecs.com
- Social LinkedIn X Facebook
- Acquired by Cotiviti (Feb 2025)
- Legal Name Edifecs Technologies Private Limited
- Date of Incorporation 25 Feb, 2010
- Jurisdiction Mohali, Punjab, India
- Indian entity revenue₹145 Cr
FY 2025 · +51% YoY
- Indian entity net profit₹16.63 Cr
FY 2025 · 11% margin
- Indian entity EBITDA₹25.79 Cr
FY 2025 · 18% margin
- InvestorsFrancisco Partners
& 2 more
- Employee Count431
- Investments & AcquisitionsHealth Fidelity
& 1 more
- Acquired byCotiviti
(Feb 2025)
Associated legal entities of Edifecs
Edifecs operates through Edifecs Technologies Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Edifecs Technologies Private Limited CIN U72900PB2010PTC037495 | Active | 25 Feb 2010 | Mohali, Punjab | ₹145 Cr | 431 | 8 | View details |
Products & Services of Edifecs
Edifecs offers a comprehensive portfolio of products and services, including Healthcare Interoperability Cloud, EDI Gateway, and FHIR Gateway.
Platform for connecting and optimizing healthcare data sharing.
Gateway for electronic healthcare data interchange and transactions.
Enables real-time data access and interoperability using FHIR standards.
Funding Insights of Edifecs
- Total Rounds 1
- Investors Count 2
All 1 funding rounds of Edifecs with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul 2020 | Private Equity Round | – | TA, Francisco Partners | – |
3 investors in total: 3 institutional.
Investors in Edifecs
Edifecs has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Francisco Partners, Cotiviti and TA Associates.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Multiple sectors are invested in by private equity firm TA. | ta.com | Boston, United States | ||
Private equity investment firm focused on technology sector | 1999 | franciscopartners.com | San Francisco, United States | |
Analytics-driven payment accuracy solutions for healthcare payers are provided. | 1979 | cotiviti.com | Atlanta, United States |
Investor details for Edifecs
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Board of directors of Edifecs Technologies Private Limited (Edifecs)
Edifecs Technologies Private Limited is the primary company behind Edifecs. The board of Edifecs Technologies Private Limited currently have 7 directors; the longest-serving is Venkata Krishna Kavarthapu, appointed in 2022. 15 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Venkata Krishna Kavarthapu DIN 09676881 | Director | 28 Jul 2022 | 4 yrs 3 mo | Edifecs Technologies Private Limited |
| Ritej Bachhawat DIN 09754446 | Director | 21 Nov 2022 | 3 yrs 11 mo | Edifecs Technologies Private Limited |
| Ravipal Singh Soin DIN 10204921 | Director | 27 Jun 2023 | 3 yrs 4 mo | Edifecs Technologies Private Limited |
| Peter Patrick Csapo DIN 08351872 | Director | 28 Mar 2025 | 1 yr 7 mo | Edifecs Technologies Private Limited |
| Tushar Digvijay Nagrani DIN 06937736 | Director | 28 Mar 2025 | 1 yr 7 mo | Edifecs Technologies Private Limited |
| Brett Ira Magun DIN 10063216 | Director | 28 Mar 2025 | 1 yr 7 mo | Edifecs Technologies Private Limited |
| Jerron Reese Green DIN 10937437 | Director | 28 Mar 2025 | 1 yr 7 mo | Edifecs Technologies Private Limited |
People of Edifecs
109 people are tracked at Edifecs (42 in leadership, 6 in board & advisors, 61 in team); the tracked headcount is 431.
| Name | Role | Group |
|---|---|---|
Venkat Kavarthapu | Chief Executive Officer | Leadership |
Delanie Campbell | Principal People Business Partner | Leadership |
Mitchell Baum | Regional Vice President Of Payer Sales | Leadership |
John Hoban | Regional VP Of Payer Sales | Leadership |
Shahab Alam | Sr. VP People Development | Leadership |
Bharti Negi | Sr. Director, Recruitment, Talent Acquisition | Leadership |
Apra Bhatt | Lead Talent Acquisition Partner, India | Leadership |
Gurpreet Singh | Senior Director Of Product Management | Leadership |
Raymond Bonnett | Vice President Of Professional Services | Leadership |
Kamaljeet Singh | Associate Director | Leadership |
Anisha Raghav | Director, People & Culture | Leadership |
Andy Sherrill | Principal People Business Partner | Leadership |
Chuck Stevens | Regional Vice President Of Sales | Leadership |
Abby Bilyeu | Vice President Of Sales | Leadership |
Elya Tagar | VP Payer Sales And Partnerships | Leadership |
Kristin Glazer Sommerland | Regional Vice President, Provider Sales At Edifecs | Leadership |
Brian Hanley | VP Public Sector | Leadership |
Mark Filiault | Vice President Of Sales | Leadership |
Summerpal Kahlon | Chief Medical Officer And SVP Product Management | Leadership |
Mahidhar Kare | Director Of Product Operations | Leadership |
89 more people are available in the full profile.
Complete people profiles for Edifecs
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Financials of Edifecs
Figures of Edifecs Technologies Private Limited, the primary company behind Edifecs, for FY 2025. Revenue was ₹145 Cr (+51% year on year). Net profit was ₹16.63 Cr (11% margin). EBITDA was ₹25.79 Cr (18% margin). Revenue has grown at a compounded annual rate of +34% over three years and +24% over five years.
- ₹145 CrRevenue · FY 2025 · +51% YoY
- ₹16.63 CrNet profit · 11% margin
- ₹25.79 CrEBITDA · 18% margin
- ₹1.00 CrPaid-up capital
- 431Employees (provident fund records)
- +34%Revenue CAGR, 3 years
- +24%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Edifecs Technologies Private Limited are on its company page.
Detailed financial statements for Edifecs
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Investments & Acquisitions by Edifecs
Edifecs has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Health Fidelity and Talix.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
NLP and analytics based risk adjustment solutions for providers and payers | healthfidelity.com | San Mateo, United States | 2011 | Nov 2021 | •••• | |
Cloud and AI based analytics platform that provides healthcare risk adjustment solutions | talix.com | San Francisco, United States | 2015 | Sep 2021 | •••• |
Complete acquisition details for Edifecs
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
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Timeline of Edifecs
5 dated milestones of Edifecs across 29 years, from founding to its latest funding, stage changes and deals.
- Founded Edifecs is founded.
- Funding First funding round.
- Acquisition Acquires Talix.
- Acquisition Acquires Health Fidelity.
- Exit Acquired by Cotiviti.
Competitors of Edifecs
Edifecs has 3 listed competitors in our database, 3 of them funded. They include Azalea Health, DrFirst and Innovaccer.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| azaleahealth.com | 2008 | Atlanta, United States | $12.31M | 212 | EHR Platform with integrated Telehealth, Mobile health and RCM solutions for healthcare providers | |
| drfirst.com | 2000 | Rockville, United States | $85.8M | 401 | E-prescription and secure messaging solutions are offered to healthcare providers. | |
| innovaccer.com | 2014 | San Francisco, United States | $675M | 1,125 | Provider of an AI-powered cloud platform for healthcare performance improvement |
Detailed competitors of Edifecs
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Web traffic of Edifecs
The website of Edifecs (edifecs.com) receives about 24K visits a month.
- Monthly visits24K
▼ 51.9% vs previous month
Websites whose visitors overlap most with Edifecs. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| compliancequest.com | 100% | 66.8K | #575,255 | View details | |
| rhapsody.health | 100% | 25.1K | #1,241,361 | View details | |
| softteco.com | 100% | 51.5K | #675,765 | View details | |
| quark.com | 100% | 189.2K | #238,221 | View details | |
ediacademy.com | ediacademy.com | 100% | #2,797,382 | – | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 28 similar websites and full traffic analytics for Edifecs
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- 28 similar websites
- Audience overlap
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Top companies in Clinical IT & Data Platforms
3 companies that operate in the same segment as Edifecs (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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Related news about Edifecs
Complete news archive for Edifecs
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Frequently Asked Questions about Edifecs
Edifecs was founded in 1996 and raised its 1st funding round 24 years after it was founded.
Edifecs is headquartered in Bellevue, United States. It is registered at Bellevue, Washington, United States.
Edifecs has 431 employees.
The primary company behind Edifecs, Edifecs Technologies Private Limited, reported revenue of ₹145 Cr for FY 2025, up 51% year on year.
Edifecs was founded in 1996 and is headquartered in Bellevue, United States. Healthcare IT solutions are developed for providers, insurers, pharmacy benefit management companies, and trading partners. Operations focus on streamlining data exchange and compliance in the healthcare sector. Supply chain management solutions are extended to non-healthcare industries to support efficiency across segments.
Edifecs's top competitors include Innovaccer, DrFirst and Azalea Health.
Edifecs offers Healthcare Interoperability Cloud, EDI Gateway, and FHIR Gateway.
Edifecs has made 2 acquisitions, including Health Fidelity, and Talix.
Edifecs has 3 investors. Key investors include Francisco Partners, Cotiviti, and TA Associates.
Edifecs operates through Edifecs Technologies Private Limited.
Yes. Edifecs was acquired by Cotiviti in February 2025.
The legal entities of Edifecs currently have 8 directors, including Peter Patrick Csapo, Tushar Digvijay Nagrani, Venkata Krishna Kavarthapu and others.