About HMS
HMS is a company based in New York (United States) founded in 1974 was acquired by Gainwell Technologies in December 2020. It operates as a AI-as-a-Service, Data-as-a-Service, Blockchain-as-a-Service, and HealthTech. HMS has completed 7 acquisitions, including Eliza Corp, HMS Essette and HealthDataInsights. HMS offers products and services including HMS 360 Integrated Solutions. HMS operates in a competitive market with competitors including Zelis Healthcare, Perfios, Availity, Laguna and RelayHealth, among others.
- Headquarter New York, United States
- Stage Public
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Sectors
Healthcare
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Gainwell Technologies Llc
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
NewStar Financial
& 1 more
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Employee Count
Employee Count
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Investments & Acquisitions
Eliza Corp
& 6 more
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Acquired by
Gainwell Technologies
(Dec 21, 2020)
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Products & Services of HMS
HMS offers a comprehensive portfolio of products and services, including HMS 360 Integrated Solutions. 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.
Solutions are developed to enhance healthcare value outcomes.
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Software Development Team
95 people
Senior Team
47 people
Leadership Team
43 people
Creative and Marketing Team
36 people
Operations Team
18 people
Data Analysis and Operations Team
16 people
Product Management Team
15 people
Finance and Accounting
14 people
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Funding Insights of HMS
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2007 | Amount | Debt – Conventional - HMS | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 HMS
HMS has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include NewStar Financial and Gainwell Technologies. 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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Financial services are provided by NewStar Financial in Boston.
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Founded Year | Domain | Location | |
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Provides cloud-enabled solutions for Medicaid agencies and public health programs.
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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 HMS
HMS has strategically engaged in corporate development activities, having acquired 7 companies. Notable acquisitions include Eliza Corp, HMS Essette and HealthDataInsights. 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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Advanced analytics and data solutions for healthcare claims are provided.
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2012 | ||||
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Offers Insights-as-a-Service (IaaS) on population health management
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2009 | ||||
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Healthcare communication services and software are provided for payers.
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1998 |
| 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 - HMS
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
Hms Comparisons
Competitors of HMS
HMS 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 Zelis Healthcare, Perfios, Availity, Laguna and RelayHealth, 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 solutions to modernize the healthcare financial experience for payers, providers, and members
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| domain | founded_year | HQ Location |
Provides financial technology solutions for data analysis and verification globally.
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| domain | founded_year | HQ Location |
Cloud-based solutions are provided for healthcare payers and providers.
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| domain | founded_year | HQ Location |
AI-based patient care management solutions are provided for hospitals.
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| domain | founded_year | HQ Location |
Clinical connectivity, health IT, and pharmacy solutions are provided.
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| domain | founded_year | HQ Location |
Software solutions for legal funding management are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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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Latest news on Hms
Frequently Asked Questions about HMS
When was HMS founded?
HMS was founded in 1974 and raised its 1st funding round 33 years after it was founded.
Where is HMS located?
HMS is headquartered in New York, United States. It is registered at New York, New York, United States.
What does HMS do?
Healthcare technology solutions are developed and implemented by HMS, a Gainwell Technologies company. Advanced tools such as artificial intelligence, machine learning, blockchain, and big data are utilized to create solutions. These solutions are designed to drive intelligence, engagement, and healthy outcomes in the healthcare sector. The focus is placed on enhancing the value of healthcare through innovative and integrated approaches.
Who are the top competitors of HMS?
HMS's top competitors include Perfios, ABI Health and Zelis Healthcare.
What products or services does HMS offer?
HMS offers HMS 360 Integrated Solutions.
How many acquisitions has HMS made?
HMS has made 7 acquisitions, including Eliza Corp, HMS Essette, and HealthDataInsights.
Who are HMS's investors?
HMS has 2 investors. Key investors include NewStar Financial, and Gainwell Technologies.
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