IntelliSoft Group, LLC
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IntelliSoft Group, LLC - overview
Established
1997
Location
Nashua, NH, US
Primary Industry
Healthcare IT
About
IntelliSoft Group, LLC specializes in healthcare provider data management and credentialing solutions, offering comprehensive software that streamlines administrative tasks to enhance operational efficiency and compliance in the healthcare sector. IntelliSoft Group, LLC, founded in 1997 and headquartered in Nashua, US, provides innovative solutions for healthcare credentialing. In April 2019, the company was acquired by Vendor Credentialing Service LLC, a portfolio company of Clearlake Capital Group and SkyKnight Capital, although specific financial terms of the deal were not disclosed. The firm has made one notable deal to date.
IntelliSoft Group delivers tailored provider data management and credentialing solutions specifically designed for the healthcare sector. Its flagship products include a comprehensive Operations Platform and a credentialing software suite, recognized for their ability to streamline administrative tasks. The Operations Platform integrates credentialing, privileging, enrollment, performance improvement, and electronic health records, enabling healthcare providers to manage essential data efficiently. Serving over 400 payers, hospitals, and health systems nationwide, these solutions enhance operational efficiency, improve patient outcomes, and ensure compliance with regulatory standards.
IntelliSoft Group operates on a subscription-based revenue model providing clients access to its suite of software solutions through annual contracts. This model includes ongoing support and updates, with revenue generated from subscription fees and potential service fees for additional features. The software solutions are designed to integrate with existing healthcare systems, tailored to meet the specific operational needs of healthcare organizations. Following its acquisition in April 2019, IntelliSoft Group aims to leverage its enhanced resources to develop new product offerings targeted at improving provider data management efficiency.
The company has plans for geographic expansion into new markets within the U. S. , with specific regions targeted for growth in the next two years. The capital from its recent acquisition will support these initiatives, allowing IntelliSoft Group to further innovate and meet the evolving needs of the healthcare sector.
Current Investors
Symplr Software LLC
Primary Industry
Healthcare IT
Sub Industries
Healthcare IT
Website
www.intellisoftgroup.com
Company Stage
Add-on
Total Amount Raised
Subscriber access only
IntelliSoft Group, 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | IntelliSoft Group, LLC | - |
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