About HBCS
HBCS is a company based in New Castle (United States) founded in 1984 was acquired by Med-Metrix in June 2024.. The company has 448 employees as of December 31, 2022. HBCS offers products and services including End-to-End RCM, Patient Intake Stack, Revenue Collection Stack, and Business Insights Stack. HBCS operates in a competitive market with competitors including Billtrust, SumUp, Paymentus, Vyapar and PayStand, among others.
- Headquarter New Castle, United States
- Employees 448 as on 31 Dec, 2022
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Sectors
HealthcareTechnology
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Hospital Billing & Collection Service
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
448
as on Dec 31, 2022
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Acquired by
Med-Metrix
(Jun 10, 2024)
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Products & Services of HBCS
HBCS offers a comprehensive portfolio of products and services, including End-to-End RCM, Patient Intake Stack, Revenue Collection Stack, and Business Insights Stack. 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.
Comprehensive management of revenue cycles for healthcare providers.
Tools for efficient patient intake and administrative processes.
Solutions to optimize revenue collection workflows.
Platform for analytics and administrative insights in healthcare.
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Funding Insights of HBCS
| 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 |
Investors in HBCS
HBCS has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Med-Metrix. 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 |
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End-to-end revenue cycle management services are provided to healthcare providers.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by HBCS
| 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 |
Financial Statements - HBCS
| 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 |
Hbcs Comparisons
Competitors of HBCS
HBCS 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 Billtrust, SumUp, Paymentus, Vyapar and PayStand, 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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| domain | founded_year | HQ Location |
Invoice and payment management solutions are offered for small businesses.
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| domain | founded_year | HQ Location |
Provider of mPOS solution and card reader for offline retailers
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| domain | founded_year | HQ Location |
Comprehensive billing and payment solution provider
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| domain | founded_year | HQ Location |
Cloud-based invoicing and inventory tools for small businesses are provided.
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| domain | founded_year | HQ Location |
Payment processing for bitcoin, e-checks, and credit cards is facilitated.
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| domain | founded_year | HQ Location |
An app-based invoicing solution is provided for small businesses.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about HBCS
When was HBCS founded?
HBCS was founded in 1984.
Where is HBCS located?
HBCS is headquartered in New Castle, United States. It is registered at New Castle, Pennsylvania, United States.
Who is the current CEO of HBCS?
Brian J Wasilewski is the current CEO of HBCS.
How many employees does HBCS have?
As of Dec 31, 2022, the latest employee count at HBCS is 448.
What does HBCS do?
HBCS was founded in 1984 and is based in New Castle, United States. Operations center on the healthcare sector, where solutions for revenue cycle management are delivered. Customized services for patient registration and insurance reimbursement processes are offered to address evolving industry needs. The company supports healthcare providers through these targeted approaches, with a focus on efficiency in financial workflows.
What products or services does HBCS offer?
HBCS offers End-to-End RCM, Patient Intake Stack, Revenue Collection Stack, and Business Insights Stack.
Who are HBCS's investors?
HBCS has 1 investor. Key investors include Med-Metrix.