Medical Reimbursements of America, Inc.
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Medical Reimbursements of America, Inc. - overview
Established
1999
Location
Franklin, TN, US
Primary Industry
Healthcare
About
Medical Reimbursements of America, Inc. specializes in healthcare reimbursement solutions, focusing on innovative digital strategies to optimize claims processing and enhance operational efficiency for healthcare providers across the United States. Medical Reimbursements of America, Inc. was founded in 1999 and is headquartered in Franklin, US.
The company focuses on healthcare reimbursement solutions. In February 2017, Riverside Partners acquired a majority stake in the company for undisclosed financial terms. The current CEO is S. Talley.
The company provides a range of digital solutions aimed at optimizing healthcare reimbursement processes and enhancing operational efficiency for healthcare providers. Its offerings include comprehensive claims management and processing services, designed to address common challenges in the healthcare reimbursement field, helping clients maximize revenue and streamline operations. Medical Reimbursements of America serves various healthcare entities, including hospitals, clinics, and individual providers, primarily in the North American market. The company generates revenue primarily through service contracts and transaction fees associated with its reimbursement solutions.
Clients engage through tailored service agreements that ensure compliance and efficiency in claims processing and management. Although specific pricing details are not publicly available, the company's revenue model supports sustained income as clients renew their contracts and expand their service partnerships over time. Medical Reimbursements of America, Inc. plans to enhance its service offerings with new features aimed at improving user experience and efficiency in claims management.
Additionally, the company is targeting expansion into European markets by 2025, leveraging its existing technologies and expertise. The recent funding of USD 7. 50 mn received in February 2017 will be utilized to support the development of new product features and facilitate entry into new geographic regions.
Current Investors
Riverside Partners
Primary Industry
Healthcare
Sub Industries
Epidemiology
Website
www.medicalreimbursements.com
Company Stage
Mature
Total Amount Raised
Subscriber access only
Medical Reimbursements of America, Inc. - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Secondary Buyout | Completed | Medical Reimbursements of America, Inc. | - |
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