ProviderTrust, Inc.
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ProviderTrust, Inc. - overview
Established
2010
Location
Nashville, TN, US
Primary Industry
Software
About
Based in Tennessee, US, and founded in 2010 by Chris Redhage and Michael Rosen, ProviderTrust, Inc. offers software-as-a-service solutions for healthcare and human resource applications. The company offers VendorProof, a vendor onboarding and monitoring solution and enrollment campaign that offers mail, email, and digital advertising, update and complete vendor records, adding hard-to-capture information as well as ExclusionCheck, a record management software for an instant screening of thousands of records against all exclusion lists that enables users to search all state and federal exclusion lists. The company also offers Passport, which automates continuous license and certification verification as well as data monitoring to provide exact matches against all state and federal exclusion sources for the human resource sector.
The software will ensure the user's professionals have the credentials and education requirements needed for hiring and privileging as well as track workflows and provide audit reports. The firm generates revenue from its software subscriptions. In 2020, ProviderTrust, Inc. will scale its robust suite of healthcare compliance screening, monitoring, and verification software solutions through the investment of Susquehanna Growth Equity.
Current Investors
Susquehanna Growth Equity, XMi High Growth Development Fund
Primary Industry
Software
Sub Industries
Healthcare IT, IT Security/Cybersecurity, Content Management Software, HR & Workforce Software, Medical Software, Systems Management Software
Website
www.providertrust.com
Verticals
HealthTech
Company Stage
Mature
Total Amount Raised
Subscriber access only
ProviderTrust, 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 | ProviderTrust, Inc. | - |
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