About TruRevMed Consultancy
TruRevMed Consultancy is a Healthcare company based in Las Cruces (United States) founded in 2017 by Sham Kumar. It provides strategic solutions for healthcare revenue cycle and IT efficiency. It operates on a B2B and Consulting Services model. Its Indian entity Trurevmed Consultancy Private Limited reported revenue of ₹3.31 Cr. TruRevMed Consultancy offers products and services including End-to-End RCM Solutions, Business Intelligence Solutions, Vendor Management Solutions, and Extended Business Office Solutions. Its focus areas include IT Services, Vendor Management, Global Operations and Revenue Cycle Management. Similar companies include Centivo, MultiPlan and Light Wave Dental; 2 of its 3 listed similar companies have raised funding.
Company details
TruRevMed Consultancy is a boutique firm specializing in healthcare revenue cycle management and IT services. They deliver tailored solutions to reduce costs and enhance efficiency for healthcare companies through expertise in global talent management and process automation. Based in Las Cruces, New Mexico, they assist clients with medical coding, accounts receivable, and vendor management to build long-term relationships.
- Headquarters Las Cruces, United States
- Founders Sham Kumar
- SectorsHealthcare
- Email••••••••
- Website trurevmed.com
- Legal Name Trurevmed Consultancy Private Limited
- Date of Incorporation 22 Jun, 2017
- Jurisdiction Chennai, Tamil Nadu, India
- Indian entity revenue₹3.31 Cr
FY 2024 · +336% YoY
- Indian entity net profit₹8 Lakh
FY 2024 · 2% margin
- Indian entity EBITDA₹12.8 Lakh
FY 2024 · 4% margin
Associated legal entities of TruRevMed Consultancy
TruRevMed Consultancy operates through Trurevmed Consultancy Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Trurevmed Consultancy Private Limited CIN U72900TN2017PTC117207 | Active | 22 Jun 2017 | Chennai, Tamil Nadu | ₹3.3 Cr | 3 | View details |
Products & Services of TruRevMed Consultancy
TruRevMed Consultancy offers a comprehensive portfolio of products and services, including End-to-End RCM Solutions, Business Intelligence Solutions, Vendor Management Solutions, and Extended Business Office Solutions.
Handles medical coding and accounts receivable for healthcare providers.
Offers practice analysis and KPI reports for client health monitoring.
Assists in managing vendors in India and Sri Lanka.
Provides consultation for setting up operation centers worldwide.
Board of directors of Trurevmed Consultancy Private Limited (TruRevMed Consultancy)
Trurevmed Consultancy Private Limited is the primary company behind TruRevMed Consultancy. The board of Trurevmed Consultancy Private Limited currently have 3 directors; the longest-serving is Prabin Padmanabhan, appointed in 2017. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Prabin Padmanabhan DIN 07758184 | Director | 22 Jun 2017 | 9 yrs 4 mo | Trurevmed Consultancy Private Limited |
| Anton Kenneth Pradeep Pillai DIN 07754775 | Additional Director | 13 Aug 2018 | 8 yrs 2 mo | Trurevmed Consultancy Private Limited |
| Dheepa Cynthia Samuel DIN 10506738 | Director | 14 Feb 2024 | 2 yrs 8 mo | Trurevmed Consultancy Private Limited |
People of TruRevMed Consultancy
1 people are tracked at TruRevMed Consultancy (1 in leadership).
| Name | Role | Group |
|---|---|---|
Sham Kumar | ex-Co-Founder | Leadership |
Complete people profiles for TruRevMed Consultancy
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Verified entity values are shown only after access is granted.
Financials of TruRevMed Consultancy
Figures of Trurevmed Consultancy Private Limited, the primary company behind TruRevMed Consultancy, for FY 2024. Revenue was ₹3.31 Cr (+336% year on year). Net profit was ₹8 Lakh (2% margin). EBITDA was ₹12.8 Lakh (4% margin). Revenue has grown at a compounded annual rate of +55% over three years and +35% over five years.
- ₹3.31 CrRevenue · FY 2024 · +336% YoY
- ₹8 LakhNet profit · 2% margin
- ₹12.8 LakhEBITDA · 4% margin
- ₹1 LakhPaid-up capital
- +55%Revenue CAGR, 3 years
- +35%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Trurevmed Consultancy Private Limited are on its company page.
Detailed financial statements for TruRevMed Consultancy
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Similar companies to TruRevMed Consultancy
TruRevMed Consultancy has 3 listed similar companies in our database, 2 of them funded. They include Centivo, MultiPlan and Light Wave Dental.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| centivo.com | 2017 | New York, United States | $224M | 212 | Provider of self funded health plan | |
| multiplan.us | 1980 | New York, United States | 2,800 | Medical payment integrity and analytics services are provided by MultiPlan. | ||
| lightwavedental.com | 2010 | Woodbridge, United States | $20.24M | 1,847 | Dental practice brokerage services are provided to facilitate transactions. |
Detailed similar companies of TruRevMed Consultancy
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Top companies in Healthcare Provider Support Services
3 companies that operate in the same segment as TruRevMed Consultancy (Healthcare Provider Support Services) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of self funded health plan | 2017 | New York, New York, United States | USD 224 M | 212 | ||
Provider of AI solutions for clinical, operational, and business outcomes | 2005 | Princeton, New Jersey, United States | USD 1.13 B | USD 465.22 M | 5,442 | |
AMN Healthcare is recognized as a leading healthcare staffing provider. | 1985 | San Diego, California, United States | USD 2.73 B | 2,970 |
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Frequently Asked Questions about TruRevMed Consultancy
TruRevMed Consultancy was founded in 2017.
TruRevMed Consultancy is headquartered in Las Cruces, United States. It is registered at Las Cruces, New Mexico, United States.
The primary company behind TruRevMed Consultancy, Trurevmed Consultancy Private Limited, reported revenue of ₹3.31 Cr for FY 2024, up 336% year on year.
TruRevMed Consultancy is a boutique firm specializing in healthcare revenue cycle management and IT services. They deliver tailored solutions to reduce costs and enhance efficiency for healthcare companies through expertise in global talent management and process automation. Based in Las Cruces, New Mexico, they assist clients with medical coding, accounts receivable, and vendor management to build long-term relationships.
TruRevMed Consultancy's top competitors include Centivo, MultiPlan and Light Wave Dental.
TruRevMed Consultancy offers End-to-End RCM Solutions, Business Intelligence Solutions, Vendor Management Solutions, and Extended Business Office Solutions.
TruRevMed Consultancy operates through Trurevmed Consultancy Private Limited.
The legal entities of TruRevMed Consultancy currently have 3 directors, including Anton Kenneth Pradeep Pillai, Dheepa Cynthia Samuel, Prabin Padmanabhan.