EnableComp LLC

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EnableComp LLC - overview

Established

2000

Location

Franklin, TN, US

Primary Industry

Business Support Services

About

EnableComp LLC provides advanced claims and revenue cycle management solutions for healthcare providers across the United States, utilizing proprietary algorithms to optimize reimbursements and enhance financial performance for clients. Founded in 2000 and headquartered in Franklin, US, EnableComp LLC specializes in claims and revenue cycle management for healthcare systems. The company merged with Argos Health, Inc. in December 2021, enhancing its operational capabilities.


Randy Dobbs serves as CEO, bringing significant experience in healthcare solutions. EnableComp specializes in providing complex claims and revenue cycle management (RCM) solutions for healthcare providers and health systems across the United States. The company’s core offering, the E360 RCM intelligent automation platform, utilizes proprietary algorithms developed from over 21 million processed claims and two decades of claims intelligence, enabling clients to manage challenging reimbursements effectively. This platform integrates seamlessly with electronic health record (EHR) systems to optimize the reimbursement lifecycle, addressing claims related to Veterans Administration, Workers’ Compensation, Motor Vehicle Accidents, and Out-of-State Medicaid, among others.


EnableComp's client base includes over 1,000 healthcare providers nationwide, leveraging the firm’s expertise to streamline their claims processing and enhance financial outcomes, ultimately allowing them to focus on delivering high-quality patient care. EnableComp operates on a results-driven model, where contracts are contingent upon client outcomes, ensuring alignment of incentives between the company and its clients. Revenue generation occurs primarily through the provision of its E360 RCM platform and associated services, which may be structured as a partnership or subscription model. Clients benefit from a suite of services that include intelligent automation, legal support, and ongoing engagement, all designed to improve claims recovery and reduce payment delays.


The transaction structure emphasizes measurable results, with clients experiencing improved cash collections and reduced accounts receivable. This approach solidifies EnableComp’s role as a critical partner in the revenue cycle, enhancing the financial performance of healthcare organizations. EnableComp aims to expand its offerings with new products designed to enhance automation features of its E360 platform. The company is targeting expansion into new markets, specifically within the broader U.


S. healthcare sector, by 2024. Recent investments from the merger with Argos Health will support these initiatives, enhancing capabilities and product offerings to better serve clients and improve operational efficiencies.


Current Investors

Welsh, Carson, Anderson & Stowe

Primary Industry

Business Support Services

Sub Industries

Business Support Services, Systems Management Software

Website

www.enablecomp.com

Total Amount Raised

Subscriber access only

EnableComp 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-onCompletedHealth Resources Optimization, Inc.-
Add-onCompletedANI Healthcare Solutions, LLC-
MergerCompletedArgos Health, Inc.-
GrowthCompletedEnableComp LLC-
RecapitalisationCompletedEnableComp LLC-

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