About Specialty Networks
Specialty Networks is a company based in Cleveland (United States) founded in 2018 was acquired by Cardinal Health in January 2024. It operates as a Professional Services, and Aggregator Model. The company has 100 employees as of December 31, 2022. Specialty Networks offers products and services including Group Purchasing (GPO), Population Health Management, Clinical & Business Intelligence, and Real-World Data. Specialty Networks operates in a competitive market with competitors including Evergreen Nephrology, Pathalys, AdaptX, Bial and Appello, among others.
- Headquarter Cleveland, United States
- Employees 100 as on 31 Dec, 2022
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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 Specialty Networks, Llc
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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
100
as on Dec 31, 2022
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Acquired by
Cardinal Health
(Jan 31, 2024)
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Products & Services of Specialty Networks
Specialty Networks offers a comprehensive portfolio of products and services, including Group Purchasing (GPO), Population Health Management, Clinical & Business Intelligence, and Real-World Data. 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.
Group purchasing contracts are facilitated for specialty providers.
Population health strategies are supported for better outcomes.
Data insights are provided for clinical and business decisions.
Real-world data is offered for research and analysis.
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Funding Insights of Specialty Networks
| 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 |
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Investors in Specialty Networks
Specialty Networks has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Cardinal Health. 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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Multiple healthcare products and services are provided to organizations.
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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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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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Founded Year | Domain | Location |
Investments & Acquisitions by Specialty Networks
| 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 - Specialty Networks
| 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 |
Specialty Networks Comparisons
Competitors of Specialty Networks
Specialty Networks 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 Evergreen Nephrology, Pathalys, AdaptX, Bial and Appello, 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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Chronic care management services for kidney diseases are provided.
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Biotherapeutics for chronic kidney disease are developed and provided.
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Clinical management solutions are provided for healthcare by AdaptX.
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| domain | founded_year | HQ Location |
Develops and commercializes pharmaceutical products through research and global distribution.
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| domain | founded_year | HQ Location |
Chronic care management services are provided to patients.
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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 Specialty Networks
Frequently Asked Questions about Specialty Networks
When was Specialty Networks founded?
Specialty Networks was founded in 2018.
Where is Specialty Networks located?
Specialty Networks is headquartered in Cleveland, United States. It is registered at Cleveland, Ohio, United States.
Who is the current CEO of Specialty Networks?
Shailendra Sharma is the current CEO of Specialty Networks.
How many employees does Specialty Networks have?
As of Dec 31, 2022, the latest employee count at Specialty Networks is 100.
What does Specialty Networks do?
Specialty Networks is dedicated to assisting independent specialty healthcare providers in urology, gastroenterology, and rheumatology. Services are provided to over 10,000 providers across 1,500 practices. Solutions include group purchasing contracts, population health management, clinical and business intelligence, and real-world data for research. Partnerships are established with over 85 industry players in pharmaceuticals, diagnostics, and equipment. Educational events, webinars, and clinical training are also organized to enhance provider capabilities and patient outcomes.
Who are the top competitors of Specialty Networks?
Specialty Networks's top competitors include Evergreen Nephrology, Pathalys and AdaptX.
What products or services does Specialty Networks offer?
Specialty Networks offers Group Purchasing (GPO), Population Health Management, Clinical & Business Intelligence, and Real-World Data.
Who are Specialty Networks's investors?
Specialty Networks has 1 investor. Key investors include Cardinal Health.