About Panacea Healthcare Solutions
Panacea Healthcare Solutions is a company based in Minneapolis (United States) founded in 1990 by Rebecca Stodolak was acquired by BESLER in December 2019. It operates as a SaaS (Software-as-a-Service), Professional Services, and HealthTech. Panacea Healthcare Solutions offers products and services including Price Transparency Solutions, Revenue Integrity Services, and Compliance Management Suite. Panacea Healthcare Solutions operates in a competitive market with competitors including Centivo, Access Healthcare, MultiPlan, Omega Healthcare and Light Wave Dental, among others.
- Headquarter Minneapolis, United States
- Founders Rebecca Stodolak
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Sectors
TechnologyHealthcare
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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 Panacea Healthcare Solutions, Llc
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Annual Revenue
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Products & Services of Panacea Healthcare Solutions
Panacea Healthcare Solutions offers a comprehensive portfolio of products and services, including Price Transparency Solutions, Revenue Integrity Services, and Compliance Management Suite. 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 for hospital pricing and transparency are provided.
Revenue management and chargemaster solutions are offered comprehensively.
Customizable compliance management software is developed for healthcare.
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Funding Insights of Panacea Healthcare Solutions
- 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 |
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| Aug, 2022 | Amount | Private Equity Round - Panacea Healthcare Solutions | Valuation |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in Panacea Healthcare Solutions
Panacea Healthcare Solutions has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Career Step, Firmament and BESLER. 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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Structured capital solutions are provided to small and medium-sized enterprises.
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Online training is offered in healthcare, administrative, and technology careers.
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Offers expert reimbursement and revenue integrity solutions for healthcare organizations.
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Panacea Healthcare Solutions
| 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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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Panacea Healthcare Solutions
| 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 |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Panacea Healthcare Solutions Comparisons
Competitors of Panacea Healthcare Solutions
Panacea Healthcare Solutions 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, Omega Healthcare and Light Wave Dental, 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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Provider of self funded health plan
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Provider of revenue cycle management, BPO, IT, and finance and accounting services
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Medical payment integrity and analytics services are provided by MultiPlan.
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Healthcare outsourcing services are provided to various sectors.
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Dental practice brokerage services are provided to facilitate transactions.
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Software solutions for laboratory diagnostics are provided to healthcare.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Panacea Healthcare Solutions
Frequently Asked Questions about Panacea Healthcare Solutions
When was Panacea Healthcare Solutions founded?
Panacea Healthcare Solutions was founded in 1990 and raised its 1st funding round 32 years after it was founded.
Where is Panacea Healthcare Solutions located?
Panacea Healthcare Solutions is headquartered in Minneapolis, United States. It is registered at Minneapolis, Minnesota, United States.
What does Panacea Healthcare Solutions do?
Healthcare pricing, revenue integrity, and compliance solutions are offered by Panacea Healthcare Solutions. Services are extended to hospitals, physician practices, and ancillary care providers. A comprehensive suite of software and tech-enabled services is developed, focusing on strategic pricing, chargemaster management, and coding audits. Compliance management and training programs are also provided to ensure regulatory adherence. The company serves diverse sectors within the healthcare industry, addressing unique needs through tailored solutions.
Who are the top competitors of Panacea Healthcare Solutions?
Panacea Healthcare Solutions's top competitors include Centivo, Access Healthcare and Rennova Health.
What products or services does Panacea Healthcare Solutions offer?
Panacea Healthcare Solutions offers Price Transparency Solutions, Revenue Integrity Services, and Compliance Management Suite.
Who are Panacea Healthcare Solutions's investors?
Panacea Healthcare Solutions has 3 investors. Key investors include Career Step, Firmament, and BESLER.