Advantmed Overview

  • Year Founded
  • 2005

Year Founded

  • Status
  • Private

  • Employees
  • 2,000

Employees

  • Latest Deal Type
  • Debt - PPP

  • Financing Rounds
  • 3

  • Investments
  • 1

Advantmed General Information

Description

Operator of a healthcare information management company designed to improve outcomes and deliver the performance of healthcare organizations. The company offers risk adjustment, quality improvement and value-based reimbursement services, enabling health plans and managed care organizations to receive actionable insights to support their risk and quality initiatives.

Contact Information

Formerly Known As
RecordFlow
Ownership Status
Privately Held (backing)
Financing Status
Private Equity-Backed
Corporate Office
  • 17981 Sky Park Circlle
  • Building 39 Suite B & C
  • Irvine, CA 92614
  • United States
+1 (877)
Primary Industry
Decision/Risk Analysis
Vertical(s)
TMT
Corporate Office
  • 17981 Sky Park Circlle
  • Building 39 Suite B & C
  • Irvine, CA 92614
  • United States
+1 (877)

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Advantmed Valuation & Funding

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

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Advantmed Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Operator of a healthcare information management company designed to improve outcomes and deliver the performance of heal
Decision/Risk Analysis
Irvine, CA
2,000 As of 2023

Indianapolis, IN
 

New York, NY
 
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Advantmed Competitors (28)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Springbuk Venture Capital-Backed Indianapolis, IN
Aetion Venture Capital-Backed New York, NY
Reveleer Venture Capital-Backed Glendale, CA
TailorMed (Enterprise Systems) Venture Capital-Backed Tel Aviv, Israel
Blue Health Intelligence Formerly VC-backed Chicago, IL
You’re viewing 5 of 28 competitors. Get the full list »

Advantmed Executive Team (9)

Name Title Board Seat
Akash Patel Co-Founder & Chief Executive Officer
Jignesh Patel Co-Founder, Chief Operations Officer, President of India Operations and General Manager, Medical Record Review and Data
Toby Thomas President
Michael Boshardy JD Vice President, Legal & Chief Compliance Officer
John Spitz Chief Revenue Officer
You’re viewing 5 of 9 executive team members. Get the full list »

Advantmed Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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Advantmed Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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Advantmed Investments (1)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
iHEDIS (InnoApp) 23-Mar-2015 Buildings and Property
To view Advantmed’s complete investments history, request access »

Advantmed FAQs

  • When was Advantmed founded?

    Advantmed was founded in 2005.

  • Who is the founder of Advantmed?

    Akash Patel and Jignesh Patel are the founders of Advantmed.

  • Who is the CEO of Advantmed?

    Akash Patel is the CEO of Advantmed.

  • Where is Advantmed headquartered?

    Advantmed is headquartered in Irvine, CA.

  • What is the size of Advantmed?

    Advantmed has 2,000 total employees.

  • What industry is Advantmed in?

    Advantmed’s primary industry is Decision/Risk Analysis.

  • Is Advantmed a private or public company?

    Advantmed is a Private company.

  • What is Advantmed’s current revenue?

    The current revenue for Advantmed is .

  • How much funding has Advantmed raised over time?

    Advantmed has raised $688K.

  • Who are Advantmed’s investors?

    Bison Capital Asset Management has invested in Advantmed.

  • Who are Advantmed’s competitors?

    Springbuk, Aetion, Reveleer, TailorMed (Enterprise Systems), and Blue Health Intelligence are some of the 28 competitors of Advantmed.

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