Prochant

Charlotte, United States Founded: 1999 • Age: 27 yrs
Provides revenue cycle management solutions for home-based care and healthcare sectors.
Annual revenue $10.2M Latest available
Total funding - 1 rounds
Employees 2016 Tracked headcount
Investors 1 Known backers
Products 5 Services tracked
Competitors 8 Brand Intelligence

About Prochant

Prochant is a company based in Charlotte (United States) founded in 1999. It operates as a B2B and SaaS. The company has 2,016 employees as of March 31, 2023. Prochant offers products and services including Intake Service, Billing Service, Collections Service, Prochant Pulse, and Flexible Partnerships. Prochant operates in a competitive market with competitors including Premera, Blue Cross and Blue Shield of Minnesota, USOP, Trusted Health Plan and Genuine Health Group, among others.

  • Headquarter Charlotte, United States
  • Employees 2016 as on 31 Mar, 2023
  • Sectors
    Healthcare
  • Phone
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  • Website
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  • Social
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  • Legal Name Prochant India Private Limited
  • Date of Incorporation 14 Jun, 2007
  • Jurisdiction Chennai, Tamil Nadu, India
Operational Areas
Healthcare → Healthcare Services & Infrastructure Unlock Sub-Sector Unlock Segment
Healthcare → Healthcare Services & Infrastructure Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $10.24 M (USD)
    60.39
    as on Mar 31, 2023
  • Net Profit
    $842.72 K (USD)
    75.69
    as on Mar 31, 2023
  • EBITDA
    $1.4 M (USD)
    82.35
    as on Mar 31, 2023
  • Latest Funding Round
    Not available
  • Investors
  • Employee Count
    2016

    as on Mar 31, 2023

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Products & Services of Prochant

Prochant offers a comprehensive portfolio of products and services, including Intake Service, Billing Service, Collections Service, Prochant Pulse, and Flexible Partnerships.

Product name locked
Category locked
Primary

Manages referrals and authorizations to minimize denials

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Handles invoicing and claims for accurate cash flow

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Streamlines recovery of outstanding payments

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Provides real-time insights for financial decision-making

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Offers tailored staffing and solutions for RCM needs

People of Prochant

Headcount 1000-5000
Employee Profiles 32
Employee Profiles
People
Mikayla Pearson
Organizational Development Manager
People
Johann Mahabir
Motion Graphic Designer
People
Catherine W.
Marketing
People
Varghese Soju
Sr. Director - India Operation

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Funding Insights of Prochant

Investors in Prochant

Prochant has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Longshore Capital Partners.

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Venture Fund
Investor Description Founded Year Domain Location
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Investor details for Prochant

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Investments & Acquisitions by Prochant

Investments
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Investment portfolio details for Prochant

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Financial Statements - Prochant

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Detailed financials for Prochant

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Prochant Comparisons

Prochant Primary company
Description
Provides revenue cycle management solutions for home-based c...
Location
Charlotte, United States
Founded Year
1999
Annual Revenue
$10.24 M (USD)
Net Profit
$842.72 K (USD)
EBITDA
$1.4 M (USD)
Employees
2,016
As of 2023
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Peer comparison for Prochant

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Competitors of Prochant

Prochant 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 Premera, Blue Cross and Blue Shield of Minnesota, USOP, Trusted Health Plan and Genuine Health Group, among others.

Company Name Domain Founded year HQ Location Description
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Provides comprehensive health insurance services.
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Provides health insurance services to individuals and families.
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Health insurance and ambulatory management services are provided to patients.
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Medical billing services are provided to healthcare providers.
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Healthcare cost management services are offered to healthcare providers.
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Provider of healthcare insurance services
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Detailed competitors of Prochant

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Latest news on Prochant

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Complete news archive for Prochant

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Frequently Asked Questions about Prochant

Prochant was founded in 1999 and raised its 1st funding round 27 years after it was founded.

Prochant is headquartered in Charlotte, United States. It is registered at Charlotte, North Carolina, United States.

As of Mar 31, 2023, the latest employee count at Prochant is 2,016.

Annual revenue of Prochant is $10.24M as on Mar 31, 2023.

Prochant specializes in streamlining intake, billing, and collections for industries like home medical equipment, infusion, and home health. They use AI-driven technology and expert teams to enhance efficiency, improve financial performance, and boost patient satisfaction. Based in Charlotte, NC, USA, they serve healthcare providers through flexible partnership models, focusing on real-time analytics and workflow management to reduce administrative burdens and accelerate payments.

Prochant's top competitors include CareFirst, Genuine Health Group and Handl Health.

Prochant offers Intake Service, Billing Service, Collections Service, Prochant Pulse, and Flexible Partnerships.

Prochant has 1 investor. Key investors include Longshore Capital Partners.

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