American Academy Holdings, LLC
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American Academy Holdings, LLC - overview
Established
1988
Location
Salt Lake City, UT, US
Primary Industry
Healthcare
About
American Academy Holdings, LLC is an education-focused organization that provides specialized training and certification resources for healthcare professionals in medical coding and billing, enhancing compliance and operational efficiency in the healthcare sector. Founded in 1988 and headquartered in Salt Lake City, US, American Academy Holdings, LLC operates in the healthcare education sector, focusing on training in medical coding and billing. The company has undertaken two deals, the most recent of which occurred on March 1, 2022. The CEO is Bevan Erickson, who oversees the company's operations and strategic direction.
AAPC specializes in providing comprehensive training and certification resources in medical coding, billing, and auditing. Their core offerings include certification preparation courses for CPC (Certified Professional Coder), CPB (Certified Professional Biller), COC (Certified Outpatient Coder), and CIC (Certified Inpatient Coder). These courses equip healthcare professionals with the knowledge and skills necessary to accurately assign diagnosis and procedure codes, navigate billing processes, and address reimbursement issues. AAPC serves a diverse clientele, including individual healthcare professionals, educational institutions, and healthcare organizations across the United States and beyond, focusing on compliance, efficiency, and accuracy in medical billing and coding practices.
AAPC generates revenue through a structured offering of educational courses and certification programs, primarily on a direct-to-consumer basis. Clients typically enroll in various training courses, paying course fees to access classroom or online learning materials, which may include self-paced options for flexibility. The company also offers multi-user products and services tailored for organizations, enabling healthcare teams to certify their staff collectively. This B2B model enhances their customer base by catering to healthcare organizations looking to maintain compliance and improve operational efficiency through well-trained coding and billing personnel.
Revenue is further supplemented by the sale of educational resources, such as books and study guides, alongside ongoing membership options that provide continuous access to updates and continuing education opportunities for certified professionals. In alignment with its growth strategy, AAPC is focused on expanding its product offerings with new training courses aimed at emerging trends in medical coding and billing to be launched in late 2023. They are also planning to enter new markets, particularly targeting regions in Canada and Europe, with expansions aimed for completion by early 2024. The funds raised from their most recent deal on March 1, 2022, will support these initiatives by enhancing their course development and market entry efforts.
Primary Industry
Healthcare
Sub Industries
Education/Training, Healthcare
Website
www.aapc.com
Company Stage
Mature
Total Amount Raised
Subscriber access only
American Academy Holdings, 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Private Debt | Completed | American Academy Holdings, LLC | - | ||||||||
| Private Debt | Completed | American Academy Holdings, LLC | - |
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