How much is Edifecs worth?
How much is Edifecs worth?
How much is Edifecs worth?
This could push Edifecs’ valuation to as much as $1.8 billion, according to PE Hub. Ashutosh Agrawal, managing director at TA Associates; Ezra Perlman, co-president of Francisco Partners; and Ali Evans, vice president of Francisco Partners, will join the Edifecs board of directors.
What does Edifecs do?
Edifecs provides software that streamlines the exchange of information between health plans, hospitals, pharmacy benefit managers and other healthcare organizations. Edifecs’ healthcare offerings enable compliance with current mandates such as HIPAA 5010 and ICD-10.
Who bought Edifecs?
Edifecs, a 24-year-old healthcare software maker based in Bellevue, Wash., today announced a fresh cash infusion from private equity firms TA Associates and Francisco Partners. Financial terms were not disclosed. The deal is expected to close in the next two months. PEHub pegged the deal at $1.4 billion.
What is Edifecs in healthcare?
Edifecs is a leading provider of data interoperability software solutions in the U.S. healthcare market. Founded in 1996, Edifecs provides data interoperability software connecting payors, providers and government agencies.
How big is edifecs?
Today, Edifecs is one of the fastest growing companies in healthcare IT. We are a profitable, debt-free multinational company with over 350 customers serving more than 215 million lives.
What is edifecs SpecBuilder?
Edifecs SpecBuilder is an integrated and easy-to-use design-time toolkit that simplifies and accelerates authoring, testing and publishing specifications, and processing maps for all types of transaction processing.
What is edifecs EDI?
Edifecs technology simplifies Electronic Data Interchange (EDI) and ensures conformance with industry-specific standards. Edifecs enables organizations to correlate and link data, and produce quality deliverables across the enterprise.
What is edifecs XEngine?
Edifecs’ XEngine Server is the premiere healthcare interoperability transaction and data processing engine that powers the Smart Trading suite of solutions. XEngine enables users to integrate, consolidate and validate silos of healthcare data seamlessly from any connection point or in any format.
What are the different components of edifecs?
Summary.
What is Encounter Management?
Edifecs Encounter Management delivers a consolidated platform that ensures the accuracy, completeness and timeliness of encounter data submissions across all managed care programs and lines of business. Integrated exception management workflows enable the rapid correction and re-submission of rejected encounters.
Who is Sunny Singh of edifecs real estate company?
Neighbors and real estate sources say Edifecs Inc. CEO Gurpreet “Sunny” Singh, is the buyer. He declined to comment. Rodney Olson, chairman of the board at Paramount Hotels, leads the LLC that is listed in public records as the seller.
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