Advanced Patient Advocacy, LLC

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Advanced Patient Advocacy, LLC - overview

Established

2000

Location

Columbia, MD, US

Primary Industry

Insurance

About

Advanced Patient Advocacy, LLC specializes in aiding patients navigate complex healthcare systems, empowering them with resources and support to ensure their medical needs are met efficiently and effectively. Founded in 2000, Advanced Patient Advocacy, LLC operates from Columbia, US. The company provides patient advocacy services, assisting individuals in managing their healthcare journeys. Kevin Groner serves as both CEO and Founder, guiding its strategic direction.


In October 2019, Kemberton Healthcare Services LLC, a portfolio company of LLR Partners, acquired Advanced Patient Advocacy, LLC, although the financial terms of the transaction remain undisclosed. Advanced Patient Advocacy, LLC offers a range of digital asset acquisition services, primarily focusing on the sale of domain names. The core product offering is the domain name AparesUlts. com, which is positioned for potential buyers seeking a unique online identifier for personal or business use.


This domain serves various use cases, including e-commerce, personal branding, and digital marketing, addressing the need for a memorable and relevant web presence in an increasingly competitive digital landscape. The company targets a global market, providing its services to individuals and businesses across North America, Europe, and Asia, facilitating access to valuable digital real estate that can enhance online visibility and brand recognition. Revenue generation for Advanced Patient Advocacy, LLC occurs primarily through sales of domain names, specifically through a set pricing model that offers customers the flexibility of a full upfront payment or a structured payment plan. For instance, the domain AparesUlts.


com is listed for a sale price of USD 10,695, with an option for customers to opt for monthly payments of USD 445. 63 over a 24-month period, making it accessible to a wider range of potential buyers. This direct-to-consumer transaction structure allows for immediate access to the domain following purchase, enhancing user experience and satisfaction. The business model underscores a commitment to customer service with features like a 30-day money-back guarantee, further solidifying trust in the purchasing process.


Advanced Patient Advocacy, LLC is focused on expanding its offerings and market reach. It plans to introduce new digital asset services in the coming year, aimed at enhancing its portfolio. The company is also targeting expansion into additional markets within Europe and Asia by 2023, leveraging its existing expertise. The acquisition by Kemberton Healthcare Services LLC in October 2019 positions it to utilize resources for these growth initiatives effectively.


Current Investors

Kemberton Healthcare Services LLC

Primary Industry

Insurance

Sub Industries

Education & Training Services, Education & Training Website, Insurance Intermediaries, Claims Administration & Processing, Healthcare IT

Website

www.aparesults.com

Verticals

EdTech, HealthTech, InsureTech

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Advanced Patient Advocacy, LLC - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedAdvanced Patient Advocacy, LLC-

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