ParaRev Overview

  • Founded
  • 2000

Founded
  • Status
  • Acquired/​Merged

  • Employees
  • 85

Employees
  • Latest Deal Type
  • Buyout/​LBO

  • Financing Rounds
  • 2

  • Investments
  • 2

ParaRev General Information

Description

Provider of revenue cycle management services catering to hospitals throughout the United States. The company specializes in accounts receivable (AR) recovery and resolution and accelerates cash flow and increases operating margins by serving as a virtual extension of the central billing office through its proprietary intelligent automation by integrating seamlessly with the client's system, thereby enabling healthcare organizations to increase cash collections, decrease unpaid claims and reduce denials and write-offs.

Contact Information

Formerly Known As
Healthcare Financial Resources
Ownership Status
Acquired/Merged
Financing Status
Private Equity-Backed
Primary Industry
Other Financial Services
Other Industries
Financial Software
Acquirer
Primary Office
  • 2500 Westfield Drive
  • Suite 2-300
  • Elgin, IL 60124
  • United States

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ParaRev Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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ParaRev Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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ParaRev Former Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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ParaRev Investments (2)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
0000 0000000 22-Jul-2021 0000000000 Other Financial Services 00000 000
PARA HealthCare Financial Services 09-Jul-2019 Buyout/LBO Practice Management (Healthcare) 00000 000
To view ParaRev’s complete investments history, request access »

ParaRev Subsidiaries (1)

Company Name Industry Location Founded
0000 0000000000 00 Practice Management (Healthcare) Anaheim, CA 0000
To view ParaRev’s complete subsidiaries history, request access »