Networth RCM

Mohali, India Founded: 2019 • Age: 7 yrs
Offers revenue cycle management, medical billing, and compliance services to physicians globally.

About Networth RCM

Networth RCM is a Healthcare company based in Mohali (India) founded in 2019. It offers revenue cycle management, medical billing, and compliance services to physicians globally. It operates on a B2B model in Healthcare and Technology sectors. The company has 77 employees. Its Indian entity Networth Rcm Services Private Limited reported revenue of β‚Ή11.01 Cr. Networth RCM offers products and services including Revenue Cycle Management, Accounts Receivable Management, Denials and Appeals Management, and Eligibility Verification. Its focus areas include Medical Billing, Revenue Cycle Management, Services for Physicians and Compliance and Process Improvement.

Company details

Networth RCM specializes in delivering end-to-end revenue cycle management services, including accounts receivable, denials management, and eligibility verification. They use Six Sigma approaches to improve accuracy and reduce costs for healthcare providers. Based in the USA and India, they serve specialties like orthopedics and cardiology by optimizing billing processes and enhancing financial health through advanced tools and compliance-driven strategies.

Key Metrics
  • Annual Revenue
    ₹11.01 Cr

    FY 2024 · +47% YoY

  • Net Profit
    ₹2.47 Cr

    FY 2024 · 22% margin

  • EBITDA
    ₹2.67 Cr

    FY 2024 · 24% margin

  • Employee Count
    77

Products & Services of Networth RCM

Networth RCM offers a comprehensive portfolio of products and services, including Revenue Cycle Management, Accounts Receivable Management, Denials and Appeals Management, and Eligibility Verification.

Revenue Cycle Management
Billing Services

Manages billing processes to maximize reimbursements for healthcare providers.

Accounts Receivable Management
Financial Services

Handles collection and tracking of receivables to improve cash flow.

Denials and Appeals Management
Compliance Services

Assists in appealing denied claims to recover payments efficiently.

Eligibility Verification
Patient Services

Verifies insurance eligibility to prevent billing errors and delays.

Board of directors of Networth Rcm Services Private Limited (Networth RCM)

Networth Rcm Services Private Limited is the primary company behind Networth RCM. The board of Networth Rcm Services Private Limited currently have 2 directors; the longest-serving is Kusum, appointed in 2019. 2 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Kusum
DIN 08642221
Director18 Dec 20196 yrs 10 moNetworth Rcm Services Private Limited
Daisy Sharma
DIN 09225854
Director10 May 20215 yrs 5 moNetworth Rcm Services Private Limited

Financials of Networth RCM

Figures of Networth Rcm Services Private Limited, the primary company behind Networth RCM, for FY 2024. Revenue was ₹11.01 Cr (+47% year on year). Net profit was ₹2.47 Cr (22% margin). EBITDA was ₹2.67 Cr (24% margin). Revenue has grown at a compounded annual rate of +47% over three years.

  • ₹11.01 CrRevenue · FY 2024 · +47% YoY
  • ₹2.47 CrNet profit · 22% margin
  • ₹2.67 CrEBITDA · 24% margin
  • ₹1 LakhPaid-up capital
  • 77Employees (provident fund records)
  • +47%Revenue CAGR, 3 years

Balance sheet, profit and loss, cash flow and ratios of Networth Rcm Services Private Limited are on its company page.

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Detailed financial statements for Networth RCM

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  • Five-year trends
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Web traffic of Networth RCM

The website of Networth RCM (networthrcm.com) receives about 1.4K visits a month.

  • Monthly visits
    1.4K

    ▼ 42.5% vs previous month

Top companies in Healthcare Provider Support Services

2 companies that operate in the same segment as Networth RCM (Healthcare Provider Support Services) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Emergency medical transportation and ambulance services are provided.
2016Hyderabad, Telangana, IndiaUSD 34.31 MUSD 8.57 M1,371
Health insurance platform for individuals
2019Mumbai, Maharashtra, IndiaUSD 13.7 MUSD 10.48 M109
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Frequently Asked Questions about Networth RCM

Networth RCM was founded in 2019.

Networth RCM is headquartered in Mohali, India. It is registered at Mohali, Punjab, India.

Networth RCM has 77 employees.

The primary company behind Networth RCM, Networth Rcm Services Private Limited, reported revenue of β‚Ή11.01 Cr for FY 2024, up 47% year on year.

Networth RCM specializes in delivering end-to-end revenue cycle management services, including accounts receivable, denials management, and eligibility verification. They use Six Sigma approaches to improve accuracy and reduce costs for healthcare providers. Based in the USA and India, they serve specialties like orthopedics and cardiology by optimizing billing processes and enhancing financial health through advanced tools and compliance-driven strategies.

Networth RCM offers Revenue Cycle Management, Accounts Receivable Management, Denials and Appeals Management, and Eligibility Verification.

Networth RCM operates through Networth Rcm Services Private Limited.

The legal entities of Networth RCM currently have 2 directors, including Daisy Sharma, Kusum.

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