Encoda LLC
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Encoda LLC - overview
Established
2006
Location
Tampa, FL, US
Primary Industry
Software
About
Based in Florida, US, and founded in 2006, Encoda LLC is a healthcare reimbursement automation and technology-enabled service that empowers medical billing offices to collect the most money in the shortest time possible. Lisa Taylor is the CEO of the company. In December 2021, Hughes & Company invested in Encoda LLC for an undisclosed sum. The company has developed a proprietary, cloud-based medical billing platform, Encoda BackOffice™ that bridges workflow gaps between practice management systems, clearinghouses, and payers.
The platform also performs revenue cycle management services with its Revenue Assistance Program™, powered by Encoda BackOffice, and Maestro Analytics™, a dashboard and reporting platform that combines practice management software and clearinghouse data to enable unprecedented visibility into the revenue cycle. The firm's Revenue Assistance Program™ Services include: claim scrubbing and submission, pre-adjudication claims rejection follow-up, post-adjudication claims denial follow-up, payer no response claims follow-up, insurance payment posting, patient credit reconciliation, patient billing, and statement inquiry. The organization plans to use the December 2021 investment to accelerate its revenue cycle technology innovation and expand its strategic partnerships.
Current Investors
Hughes & Company, Clearwell Group
Primary Industry
Software
Sub Industries
Accounting Services, Healthcare, Accounting/Finance Software
Website
www.encoda.com
Verticals
FinTech
Company Stage
Mature - Growth Capital
Total Amount Raised
Subscriber access only
Encoda 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Growth | Completed | Encoda LLC | - | ||||||||
| Growth | Completed | Encoda LLC | - |
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Encoda LLC - employee data
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