GeBBS

Los Angeles, United States Founded: 2005 • Age: 21 yrs Acquired By EQT
Revenue Cycle Management services are provided to healthcare organizations.
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About GeBBS

GeBBS is a company based in Los Angeles (United States) founded in 2005 by Nitin Thakor was acquired by EQT in September 2024.. The company has 11,292 employees as of October 31, 2024. GeBBS has completed 4 acquisitions, including Aviacode, CCD Care and CPaMB. GeBBS offers products and services including iCode Assurance, iCode Workflow, and iAR. GeBBS operates in a competitive market with competitors including Centivo, Access Healthcare, MultiPlan, Performant Financial and Omega Healthcare, among others.

  • Headquarter Los Angeles, United States
  • Employees 11292 as on 31 Oct, 2024
  • Founders Nitin Thakor
  • Sectors
    Business Services
    Healthcare
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Business Services → Business Process Outsourcing (BPO)
Healthcare → Healthcare Services & Infrastructure
Key Metrics
  • Annual Revenue
    $190.3 M (USD)
    22
    as on Mar 31, 2024
  • Net Profit
    $24.28 M (USD)
    17
    as on Mar 31, 2024
  • EBITDA
    $47.96 M (USD)
    34
    as on Mar 31, 2024
  • Latest Funding Round
  • Investors
    EQT

    & 1 more

  • Employee Count
    11292

    as on Oct 31, 2024

  • Investments & Acquisitions
    Aviacode

    & 3 more

  • Acquired by
    EQT

    & 1 more

    (Sep 09, 2024)

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Products & Services of GeBBS

GeBBS offers a comprehensive portfolio of products and services, including iCode Assurance, iCode Workflow, and iAR. 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 tool for medical coding and auditing to improve accuracy.

Platform for optimizing revenue cycle processes and efficiency.

System for managing and improving accounts receivable in healthcare.

People of GeBBS
Headcount 1000-5000
Employee Profiles 167
Employee Profiles
People
Lisa White
Client Relationship Manager
People
Riya Godbole
Manager - Client Relations
People
Surjeet Singh
Sr. Medical Coder
People
Teena Maru
Senior AR Analyst

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Funding Insights of GeBBS

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 GeBBS

GeBBS has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include EQT and ChrysCapital. 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
Venture Fund
Investor Description Founded Year Domain Location
Investment firm focusing on private equity in sectors like financial services and healthcare.
Founded Year Domain Location
EQT is recognized as a global investment organization focused on value creation.
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 GeBBS

GeBBS has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Aviacode, CCD Care and CPaMB. 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.

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
Acquisitions
Company Name Description Domain Location Founded Year Amount
Outsourced call center services for medical support are provided.
2011
Medical billing, credentialing, revenue cycle, and accounting services are provided.
2003
Cloud-based medical coding software and services are provided.
1999
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 - GeBBS

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

Gebbs Comparisons

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Competitors of GeBBS

GeBBS 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 Centivo, Access Healthcare, MultiPlan, Performant Financial and Omega Healthcare, 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
Provider of self funded health plan
domain founded_year HQ Location
Provider of revenue cycle management, BPO, IT, and finance and accounting services
domain founded_year HQ Location
Medical payment integrity and analytics services are provided by MultiPlan.
domain founded_year HQ Location
Recovery solutions for government obligations are provided by Performant Financial.
domain founded_year HQ Location
Healthcare outsourcing services are provided to various sectors.
domain founded_year HQ Location
Dental practice brokerage services are provided to facilitate transactions.
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 Gebbs

Frequently Asked Questions about GeBBS

When was GeBBS founded?

GeBBS was founded in 2005.

Where is GeBBS located?

GeBBS is headquartered in Los Angeles, United States. It is registered at Los Angeles, California, United States.

How many employees does GeBBS have?

As of Oct 31, 2024, the latest employee count at GeBBS is 11,292.

What is the annual revenue of GeBBS?

Annual revenue of GeBBS is $190.3M as on Mar 31, 2024.

What does GeBBS do?

GeBBS was founded in 2005 and is headquartered in Los Angeles, United States. Operations focus on the healthcare sector, where Revenue Cycle Management services are delivered to support billing, coding, and compliance processes. These services are extended across various healthcare providers, including hospitals and clinics, with an emphasis on operational efficiency and regulatory adherence in the U.S. market. Leadership is provided by Founder and Executive Chairman Nitin Thakor.

Who are the top competitors of GeBBS?

GeBBS's top competitors include Centivo, Access Healthcare and Rennova Health.

What products or services does GeBBS offer?

GeBBS offers iCode Assurance, iCode Workflow, and iAR.

How many acquisitions has GeBBS made?

GeBBS has made 4 acquisitions, including Aviacode, CCD Care, and CPaMB.

Who are GeBBS's investors?

GeBBS has 2 investors. Key investors include EQT, and ChrysCapital.

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