eSolutions, Inc.

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eSolutions, Inc. - overview

Established

1999

Location

Overland Park, KS, US

Primary Industry

Software

About

Based in the US, eSolutions, Inc. provides innovative healthcare revenue cycle management solutions designed to optimize financial performance for healthcare providers across various sectors. eSolutions, Inc. specializes in revenue cycle management for healthcare providers, offering essential services to enhance their financial operations.


The company was founded in 1999 and is headquartered in Overland Park, US. It has been involved in 4 total deals, with the most recent occurring on August 12, 2020. The founders include Mohammad Hussain, Sanee Akbar, and Xuchang Liang. Patrick Quarcoo, Rana Akmal, and Xuchang Liang currently serve as the company's executives.


eSolutions, Inc. focuses on healthcare revenue cycle management (RCM) solutions, utilizing advanced technologies such as artificial intelligence and automation. Their offerings include financial clearance, patient care management, revenue capture, and analytics, enabling healthcare organizations to streamline operations and enhance financial performance. Their products facilitate insurance verification, automate prior authorizations, and support claim management, serving a diverse range of clients including health systems, hospitals, and physician practices across the United States.


eSolutions, Inc. operates on a subscription-based model, offering its RCM solutions through annual and multi-year contracts. This revenue model allows healthcare organizations to access a comprehensive suite of tools designed to improve their financial management processes. Clients engage with proprietary products, enhancing operational efficiency and revenue generation.


The structure of pricing plans is tailored to meet the specific needs of healthcare providers, accounting for the scale of operations and services used. Following the acquisition by Waystar, Inc. in August 2020, eSolutions, Inc. is poised for strategic growth in the Medicare market.


The acquisition aims to enhance Waystar's revenue cycle and workflow management capabilities. Future initiatives include the development of new products that cater specifically to Medicare providers, though release dates have not been disclosed. The company is also exploring expansion into additional healthcare markets, particularly targeting regions with high demand for RCM services. Recent funding will support the enhancement of existing tools and the development of new offerings to address evolving market needs.


Current Investors

EQT, Bain Capital, CPP Investment Board

Primary Industry

Software

Sub Industries

Claims Administration & Processing, Accounting/Finance Software, Analytics & Performance Software, Content Management Software

Website

www.esolutionsinc.com

Verticals

Cloud Computing

Company Stage

Add-on

Total Amount Raised

Subscriber access only

eSolutions, Inc. - 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-on, Trade SaleCompletedeSolutions, Inc.-
Add-onCompletedPractice Insight, LLC-
Add-on, Trade SaleCompletedRemitData-
Add-onCompletedClaimRemedi-
Secondary BuyoutCompletedeSolutions, Inc.-

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