Wave HDC

Philadelphia, United States Founded: 2021 • Age: 5 yrs Acquired By Experian
AI-based data management and billing solution for providers
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About Wave HDC

Wave HDC is a company based in Philadelphia (United States) founded in 2021 was acquired by Experian in November 2023.. Wave HDC offers products and services including Patient Intake Software, Patient Scheduling Software, Insurance Eligibility Verification, and Patient Estimates. Wave HDC operates in a competitive market with competitors including Iodine Software, Lifen, Nuance, Intellinetics and Layer Health, among others.

  • Headquarter Philadelphia, United States
  • Sectors
    Healthcare
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Experian Information Solutions, Inc.
Operational Areas
Healthcare → Health Technology & Digital Health
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Experian

    (Nov 30, 2023)

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Products & Services of Wave HDC

Wave HDC offers a comprehensive portfolio of products and services, including Patient Intake Software, Patient Scheduling Software, Insurance Eligibility Verification, and Patient Estimates. 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.

Primary

Simplifies patient data collection to reduce claim denials.

Enables online booking and minimizes staff training needs.

Checks real-time insurance coverage to prevent payment delays.

Provides accurate cost estimates for patient financial planning.

Funding Insights of Wave HDC

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Wave HDC

Wave HDC has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Experian. 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.

All
Institutional
Investor Description Founded Year Domain Location
Experian is recognized as a leader in credit reporting and financial services.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Wave HDC

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Wave HDC

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Wave Hdc Comparisons

Employees
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Competitors of Wave HDC

Wave HDC 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 Iodine Software, Lifen, Nuance, Intellinetics and Layer 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
domain founded_year HQ Location
AI-based clinical documentation integrity and revenue management solutions are provided.
domain founded_year HQ Location
Medical documents are exchanged digitally through an online platform.
domain founded_year HQ Location
Conversational AI solutions are provided for enterprise customer experiences.
domain founded_year HQ Location
Document management and scanning services are provided for multiple sectors.
domain founded_year HQ Location
AI-powered software for clinical documentation management in hospitals is developed.
domain founded_year HQ Location
AI-based medical scribe software is provided for healthcare providers.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Wave Hdc

Experian acquires Wave HDC
Coverager2 years ago

Frequently Asked Questions about Wave HDC

When was Wave HDC founded?

Wave HDC was founded in 2021.

Where is Wave HDC located?

Wave HDC is headquartered in Philadelphia, United States. It is registered at Philadelphia, Pennsylvania, United States.

What does Wave HDC do?

Wave HDC was founded in 2021 in Philadelphia, United States, within the healthcare technology sector. Software is provided for managing data, billing, and hospital operations, including laboratory information systems. Key features encompass revenue cycle management, insurance processing, financial disposition curation, and eligibility verification. Operations focus on supporting providers through automated tools for efficiency in administrative tasks.

Who are the top competitors of Wave HDC?

Wave HDC's top competitors include Lifen, Iodine Software and Nuance.

What products or services does Wave HDC offer?

Wave HDC offers Patient Intake Software, Patient Scheduling Software, Insurance Eligibility Verification, and Patient Estimates.

Who are Wave HDC's investors?

Wave HDC has 1 investor. Key investors include Experian.

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