About STAT MedCare Solutions
STAT MedCare Solutions is a company based in St. Petersburg (United States) founded in 2003 by Cynthia Young was acquired by Knack Global in February 2019.. STAT MedCare Solutions offers products and services including Patient Access, Coding and Documentation, Billing and A/R Management, and Provider Credentialing. STAT MedCare Solutions operates in a competitive market with competitors including Topology Health, BETA Healthcare Group, AR Services, RASCi and Licentiam, among others.
- Headquarter St. Petersburg, United States
- Founders Cynthia Young
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Sectors
Healthcare
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Email
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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Latest Funding Round
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Employee Count
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Acquired by
Knack Global
(Feb 20, 2019)
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Products & Services of STAT MedCare Solutions
STAT MedCare Solutions offers a comprehensive portfolio of products and services, including Patient Access, Coding and Documentation, Billing and A/R Management, and Provider Credentialing. 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.
Manages scheduling and insurance verification to reduce denials.
Ensures accurate medical coding for timely payments and compliance.
Handles billing processes and accounts receivable for collections.
Streamlines provider enrollment and maintenance for efficient operations.
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Funding Insights of STAT MedCare 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 |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in STAT MedCare Solutions
STAT MedCare Solutions has secured backing from 1 investor. Prominent investors backing the company include Knack Global. 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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Revenue cycle management software is provided to healthcare professionals.
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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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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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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 STAT MedCare 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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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - STAT MedCare 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 |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Stat Medcare Solutions Comparisons
Competitors of STAT MedCare Solutions
STAT MedCare 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 Topology Health, BETA Healthcare Group, AR Services, RASCi and Licentiam, 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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| domain | founded_year | HQ Location |
Clinical guidelines are digitized for healthcare applications.
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| domain | founded_year | HQ Location |
Provides liability insurance and credentialing services for healthcare.
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| domain | founded_year | HQ Location |
Offers billing, collection, and enrollment services for hospitals and physicians.
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| domain | founded_year | HQ Location |
Healthcare record access services are provided by RASCi to users.
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| domain | founded_year | HQ Location |
Healthcare credentialing services are provided for medical professionals and organizations.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
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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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about STAT MedCare Solutions
When was STAT MedCare Solutions founded?
STAT MedCare Solutions was founded in 2003.
Where is STAT MedCare Solutions located?
STAT MedCare Solutions is headquartered in St. Petersburg, United States. It is registered at St. Petersburg, Florida, United States.
Who is the current CEO of STAT MedCare Solutions?
Cynthia Young is the current CEO of STAT MedCare Solutions. They have also founded this company.
What does STAT MedCare Solutions do?
STAT MedCare Solutions was founded in 2003 and is based in St. Petersburg, United States. Credentialing services are offered to healthcare providers, with support extended to the enrollment process. An online platform is maintained for document management, human resource coordination, status reporting, and related functions within the healthcare sector. Operations focus on streamlining administrative tasks for medical professionals.
Who are the top competitors of STAT MedCare Solutions?
STAT MedCare Solutions's top competitors include RASCi, Medical Gas Credentialing and Topology Health.
What products or services does STAT MedCare Solutions offer?
STAT MedCare Solutions offers Patient Access, Coding and Documentation, Billing and A/R Management, and Provider Credentialing.
Who are STAT MedCare Solutions's investors?
STAT MedCare Solutions has 1 investor. Key investors include Knack Global.