About NASCO
NASCO is a company based in Atlanta (United States) founded in 1987 was acquired by Blue Cross Blue Shield of Michigan in December 2021. It operates as a Managed Services, and HealthTech. The company has 88 employees as of December 31, 2021. NASCO offers products and services including NASCO Edge, NASCO Empower, NASCO Evolve, and NASCO Engage. NASCO operates in a competitive market with competitors including TriZetto, Transparent Health Marketplace, Quest Analytics, Avalon Healthcare Solutions and Portico Systems, among others.
- Headquarter Atlanta, United States
- Employees 88 as on 31 Dec, 2021
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Sectors
Healthcare
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Phone
*********
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Website
*********
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Social
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- Legal Name Nasco
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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
88
as on Dec 31, 2021
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Acquired by
Blue Cross Blue Shield of Michigan
(Dec 01, 2021)
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Products & Services of NASCO
NASCO offers a comprehensive portfolio of products and services, including NASCO Edge, NASCO Empower, NASCO Evolve, and NASCO Engage. 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.
Membership, benefits, and billing solution for health plans.
Reimbursement solution to scale payment operations effectively.
Analytics solution for managing payment model performance insights.
CRM solution to enhance member and provider experiences.
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Software Development Team
54 people
Business Team
27 people
Leadership Team
23 people
Product Management Team
16 people
System Team
13 people
Project Team
12 people
Program Team
9 people
Senior Team
9 people
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Funding Insights of NASCO
| 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 NASCO
NASCO has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Blue Cross Blue Shield of Michigan. 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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Operates as a mutual health insurance carrier providing comprehensive coverage.
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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 NASCO
| 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 - NASCO
| 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 |
Nasco Comparisons
Competitors of NASCO
NASCO 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 TriZetto, Transparent Health Marketplace, Quest Analytics, Avalon Healthcare Solutions and Portico Systems, 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 |
Software solutions for healthcare payers and providers are offered.
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| domain | founded_year | HQ Location |
Online marketplace for connecting healthcare payors and providers is operated.
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| domain | founded_year | HQ Location |
Cloud-based provider network management solutions are offered to payers.
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| domain | founded_year | HQ Location |
Laboratory benefits management platform for physicians, patients, and payers
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| domain | founded_year | HQ Location |
Health plan solutions for provider network management are offered.
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| domain | founded_year | HQ Location |
Provider of cloud-based solutions for streamlining complex network, plan and member information
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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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Latest news on Nasco
Frequently Asked Questions about NASCO
When was NASCO founded?
NASCO was founded in 1987.
Where is NASCO located?
NASCO is headquartered in Atlanta, United States. It is registered at Atlanta, Georgia, United States.
How many employees does NASCO have?
As of Dec 31, 2021, the latest employee count at NASCO is 88.
What does NASCO do?
NASCO is focused on delivering a comprehensive portfolio of healthcare administrative products and services. These solutions are designed to help health plans innovate, grow, and provide better experiences while managing costs. Operating in the healthcare sector, NASCO offers tools for membership management, billing, reimbursement, analytics, and customer relationship management. Their services aim to streamline core administration, eliminate operational silos, and enhance efficiency for health plans. Additionally, solutions are provided to manage the total cost of care, benefiting members, providers, and other stakeholders in the healthcare ecosystem.
Who are the top competitors of NASCO?
NASCO's top competitors include Quest Analytics, Transparent Health Marketplace and TriZetto.
What products or services does NASCO offer?
NASCO offers NASCO Edge, NASCO Empower, NASCO Evolve, and NASCO Engage.
Who are NASCO's investors?
NASCO has 1 investor. Key investors include Blue Cross Blue Shield of Michigan.
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