Wave HDC

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

About Wave HDC

Wave HDC is a Healthcare company based in Philadelphia (United States) founded in 2021, and was acquired by Experian in November 2023. AI-based data management and billing solution for providers. Wave HDC offers products and services including Patient Intake Software, Patient Scheduling Software, Insurance Eligibility Verification, and Patient Estimates. Its focus areas include HealthTech, Healthcare IT, Provider and Administrative Solutions. Its legal entity is Experian Information Solutions, Inc. Its competitors include Iodine Software, Intellinetics and Layer Health; 1 of its 3 listed competitors has raised funding.

Company details

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.

  • Headquarters Philadelphia, United States
  • Stage Acquired
  • Sectors
    Healthcare
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  • Website wavehdc.com
  • Social LinkedIn
  • Acquired by Experian (Nov 2023)
  • Legal Name Experian Information Solutions, Inc.
Key Metrics

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.

Patient Intake Software
Registration Solutions

Simplifies patient data collection to reduce claim denials.

Patient Scheduling Software
Scheduling Tools

Enables online booking and minimizes staff training needs.

Insurance Eligibility Verification
Verification Services

Checks real-time insurance coverage to prevent payment delays.

Patient Estimates
Financial Tools

Provides accurate cost estimates for patient financial planning.

Investors in Wave HDC

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

All
Institutional
InvestorDescriptionFounded YearDomainLocation
Experian is recognized as a leader in credit reporting and financial services.
1980experian.comIreland
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Investor details for Wave HDC

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Timeline of Wave HDC

2 dated milestones of Wave HDC across 2 years, from founding to its latest funding, stage changes and deals.

  1. Founded Wave HDC is founded.
  2. Exit Acquired by Experian.

Competitors of Wave HDC

Wave HDC has 3 listed competitors in our database, 1 of them funded. They include Iodine Software, Intellinetics and Layer Health.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
iodinesoftware.com2010Austin, United States131
AI-based clinical documentation integrity and revenue management solutions are provided.
intellinetics.com1994Columbus, United States27
Document management and scanning services are provided for multiple sectors.
layerhealth.com2011Cambridge, United States$30.05M
AI-powered software for clinical documentation management in hospitals is developed.
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Detailed competitors of Wave HDC

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Top companies in Clinical IT & Data Platforms

3 companies that operate in the same segment as Wave HDC (Clinical IT & Data Platforms) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Employee health benefits are facilitated via a cloud-based platform.
2007Plymouth Meeting, Pennsylvania, United StatesUSD 228.3 M
Healthcare appointments are booked online via Zocdoc's platform.
2007New York, New York, United StatesUSD 425.97 MUSD 4.66 M1,365
Virtual physical therapy and digital pain care solutions are provided.
2015San Francisco, California, United StatesUSD 854.44 M1,746
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Related news about Wave Hdc

Experian acquires Wave HDC
Coverager β€’ 2 years ago
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Frequently Asked Questions about Wave HDC

Wave HDC was founded in 2021.

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

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.

Wave HDC's top competitors include Iodine Software, Layer Health and Intellinetics.

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

Wave HDC has 1 investor. Key investors include Experian.

Wave HDC operates through Experian Information Solutions, Inc..

Yes. Wave HDC was acquired by Experian in November 2023.

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