About TruCode
TruCode is a company based in Alpharetta (United States) founded in 2005 was acquired by Computer Programs & Systems in May 2021.. The company has 33 employees as of December 31, 2020. TruCode offers products and services including TruBridge Encoder and Revenue Cycle Management. TruCode operates in a competitive market with competitors including Nelly, Nym, Fathom, Aviacode and Inbox Health, among others.
- Headquarter Alpharetta, United States
- Employees 33 as on 31 Dec, 2020
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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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- Legal Name Trucode Llc Dba Truecode
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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
33
as on Dec 31, 2020
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Acquired by
Computer Programs & Systems
(May 12, 2021)
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Products & Services of TruCode
TruCode offers a comprehensive portfolio of products and services, including TruBridge Encoder and Revenue Cycle Management. 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.
Cloud-based tool for accurate coding and faster reimbursements
Services to improve healthcare financial health and reduce denials
Funding Insights of TruCode
| 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 TruCode
TruCode has secured backing from 1 investor. Prominent investors backing the company include Computer Programs & Systems. 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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Healthcare IT solutions are provided to rural and community hospitals.
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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 TruCode
| 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 - TruCode
| 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 |
Trucode Comparisons
Competitors of TruCode
TruCode 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 Nelly, Nym, Fathom, Aviacode and Inbox Health, 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 |
Digital administrative tasks and billing management tools for providers
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| domain | founded_year | HQ Location |
Nym is focused on autonomous medical coding solutions for healthcare.
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| domain | founded_year | HQ Location |
AI-based software for medical coding and PHI de-identification is provided.
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| domain | founded_year | HQ Location |
Cloud-based medical coding software and services are provided.
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| domain | founded_year | HQ Location |
Cloud-based medical billing and payment management solution for healthcare companies
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| domain | founded_year | HQ Location |
AI and SaaS-based software for healthcare care coordination is developed.
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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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| domain | founded_year | HQ Location |
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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Latest news on Trucode
Frequently Asked Questions about TruCode
When was TruCode founded?
TruCode was founded in 2005.
Where is TruCode located?
TruCode is headquartered in Alpharetta, United States. It is registered at Alpharetta, Georgia, United States.
How many employees does TruCode have?
As of Dec 31, 2020, the latest employee count at TruCode is 33.
What does TruCode do?
TruCode was founded in 2005 and is based in Alpharetta, United States. Operations focus on the healthcare sector, where a software platform is offered for real-time coding analysis. Financial denials and billings in hospitals are managed through this system. Products include TruCode Encoder for single PCs or workstations and TruCode Encoder Essential, which integrates with EHR or HIS portals to support optimized coding services.
What products or services does TruCode offer?
TruCode offers TruBridge Encoder and Revenue Cycle Management.
Who are TruCode's investors?
TruCode has 1 investor. Key investors include Computer Programs & Systems.