RMS

Oklahoma City, United States Founded: 2006 • Age: 20 yrs Acquired By Thompson Street Capital Partners
Automated revenue cycle management and data analytics services are provided.
Annual revenue - Latest available
Total funding $12.8M 3 rounds
Employees 115 Tracked headcount
Investors 3 Known backers
Products 1 Services tracked
Competitors 11 Brand Intelligence

About RMS

RMS is a company based in Oklahoma City (United States) founded in 2006 was acquired by Thompson Street Capital Partners in January 2017. It operates as a SaaS (Software-as-a-Service). RMS has raised $12.75 million across 3 funding rounds from investors including Fidus Investment, Northstar Capital and Thompson Street Capital Partners. The company has 115 employees as of December 31, 2022. RMS has completed 2 acquisitions, including OrboGraph and i8 Health Solutions. RMS offers products and services including Healthcare Remittance Automation. RMS operates in a competitive market with competitors including Centivo, iMedX, Omega Healthcare, Light Wave Dental and Access Healthcare, among others.

  • Headquarter Oklahoma City, United States
  • Employees 115 as on 31 Dec, 2022
  • Sectors
    Healthcare
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Revenue Management Solutions
Operational Areas
Healthcare → Healthcare Services & Infrastructure Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $12.75 M (USD)

    in 3 rounds

  • Latest Funding Round
    Not available
  • Investors
  • Employee Count
    115

    as on Dec 31, 2022

  • Investments & Acquisitions
    OrboGraph

    & 1 more

  • Acquired by
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Products & Services of RMS

RMS offers a comprehensive portfolio of products and services, including Healthcare Remittance Automation.

Product name locked
Category locked
Primary

Automated solutions for healthcare remittance and payment processing.

People of RMS

Headcount 50-200
Employee Profiles 28
Employee Profiles
People
Faith Alliss
Devops PM
People
Cade Newbold
Operational Data Analyst Manager
People
Dallen Cordova
Software Development Team Lead
People
Alexis Caldwell
Devops Manager

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Funding Insights of RMS

RMS has successfully raised a total of $12.75M across 3 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in RMS

RMS has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Fidus Investment, Northstar Capital and Thompson Street Capital Partners.

All
Venture Fund
Investor Description Founded Year Domain Location
PE firm investing in the US
Locked Locked Locked
Northstar Capital is recognized as a trusted financing partner for the lower middle market.
Locked Locked Locked
A private equity firm focused on middle-market business investments.
Locked Locked Locked
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Investor details for RMS

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  • Investor domains
  • Investor locations
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  • Participation history

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Investments & Acquisitions by RMS

RMS has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include OrboGraph and i8 Health Solutions.

Investments
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Investment portfolio details for RMS

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  • Transaction dates
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Verified entity values are shown only after access is granted.

Acquisitions
Company Name Description Domain Location Founded Year Amount
Suite of digital solutions for healthcare administration is developed.
Locked Locked 2015 Locked
Check processing solutions provider
Locked Locked 1996 Locked
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Complete acquisition details for RMS

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  • Acquired stakes
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  • Domains and locations

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Financial Statements - RMS

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Detailed financials for RMS

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  • Profit trends
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Rms Comparisons

RMS Primary company
Description
Automated revenue cycle management and data analytics servic...
Location
Oklahoma City, United States
Founded Year
2006
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
115
As of 2022
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Peer comparison for RMS

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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Competitors of RMS

RMS 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, iMedX, Omega Healthcare, Light Wave Dental and Access Healthcare, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Provider of self funded health plan
Locked Locked Locked
Revenue cycle management platform is provided to healthcare providers.
Locked Locked Locked
Healthcare outsourcing services are provided to various sectors.
Locked Locked Locked
Dental practice brokerage services are provided to facilitate transactions.
Locked Locked Locked
Provider of revenue cycle management, BPO, IT, and finance and accounting services
Locked Locked Locked
Medical payment integrity and analytics services are provided by MultiPlan.
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Detailed competitors of RMS

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Latest news on Rms

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Complete news archive for RMS

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Frequently Asked Questions about RMS

RMS was founded in 2006 and raised its 1st funding round 11 years after it was founded.

RMS is headquartered in Oklahoma City, United States. It is registered at Oklahoma City, Oklahoma, United States.

Scott Thomas is the current CEO of RMS.

RMS is a funded company, having raised a total of $12.75M across 3 funding rounds to date.

As of Dec 31, 2022, the latest employee count at RMS is 115.

Healthcare remittance and payment processing solutions are offered by RMS. Focus is placed on automation for healthcare providers and banking partners. The revenue cycle is streamlined through configurable dashboards and intelligent reporting. Seamless integration with banking systems and healthcare billing platforms is ensured. Data management and support are handled within the U.S. for security. Over 300 years of combined expertise in healthcare remittance technology are leveraged to deliver best-in-class solutions.

RMS's top competitors include Centivo, Access Healthcare and Rennova Health.

RMS offers Healthcare Remittance Automation.

RMS has made 2 acquisitions, including OrboGraph, and i8 Health Solutions.

RMS has 3 investors. Key investors include Fidus Investment, Northstar Capital, and Thompson Street Capital Partners.

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