Acentra Health, LLC
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Acentra Health, LLC - overview
Established
2023
Location
McLean, VA, US
Primary Industry
Healthcare IT
About
Acentra Health, LLC is a healthcare technology company based in McLean, US, specializing in advanced solutions for healthcare delivery, particularly for high-risk populations. Founded in 2023, Acentra Health, LLC is dedicated to enhancing healthcare delivery through innovative technology solutions. The company operates out of McLean, Virginia, and focuses on providing services to government healthcare agencies, having pivoted to a technology-driven model to address complex healthcare needs. While specific details about mergers or parent companies are not available, Acentra Health's establishment marks a commitment to improving healthcare management systems in the US.
Acentra Health specializes in advanced healthcare delivery systems and solutions designed to enhance the healthcare experience for high-risk, high-cost populations. Their core product offering is the configurable, modular Medicaid Management Information System (MMIS) platform, built on the proprietary evoBrix X ™ platform, which enables rapid claims and encounter processing. This system supports government healthcare programs by ensuring accurate payment cycles and providing flexibility for integration into various IT ecosystems. Acentra Health’s services extend to provider enrollment and credentialing through secure digital solutions, enabling organizations to comply with state and federal regulations while improving provider experiences.
The company serves a diverse client base, including state health agencies such as the Michigan Department of Health and Human Services and the Washington State Health Care Authority, primarily within the U. S. markets. Acentra Health operates on a business-to-business (B2B) transaction model, primarily engaging with government healthcare programs and agencies.
Their revenue streams are generated through subscription-based models for their MMIS platform and associated services, as well as through contracts for tailored solutions that meet specific regulatory needs of their clients. The transactions typically involve setup fees for implementing their platforms, ongoing service fees, and potential performance-based compensation tied to the outcomes of their healthcare solutions. Individual services, particularly those related to provider management and analytics, contribute to the overall revenue, although specific pricing details for these services are not disclosed. The company’s flagship offerings, including the evoBrix™ Provider Management module, aim to streamline processes for a significant number of Medicaid enrollees across various states, thereby enhancing operational efficiency for their clients.
Primary Industry
Healthcare IT
Sub Industries
Healthcare IT, Analytics & Performance Software, Application Integration Software, Medical Software
Website
https://acentra.com/
Verticals
Cloud Computing, HealthTech
Company Stage
Merged
Total Amount Raised
Subscriber access only
Acentra Health, LLC - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Espyr | - | ||||||||
| Merger | Completed | Client Network Services, Inc., Keystone Peer Review Organization, Inc. | - |
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