ABILITY Network Overview
- Year Founded
-
2000
- Status
-
Acquired/Merged
- Employees
-
520
- Latest Deal Type
-
2ndary - Private
- Financing Rounds
-
15
- Investments
-
8
ABILITY Network General Information
Description
Developer of a healthcare technology platform designed to simplify the administrative and clinical complexities of healthcare. The company provides specialized applications and analytics that work together to help with revenue cycle management, care quality management and workforce management via an integrated platform connecting payers and providers.
Contact Information
Website
www.abilitynetwork.comCorporate Office
- Butler Square, 100 North 6th Street
- Suite 900A
- Minneapolis, MN 55403
- United States
Corporate Office
- Butler Square, 100 North 6th Street
- Suite 900A
- Minneapolis, MN 55403
- United States
ABILITY Network Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
ABILITY Network Comparisons
Industry
Financing
Details
ABILITY Network Competitors (37)
One of ABILITY Network’s 37 competitors is DrChrono, a Formerly VC-backed company based in Orlando, FL.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| DrChrono | Formerly VC-backed | Orlando, FL | ||||
| PointClickCare | Private Equity-Backed | Toronto, Canada | ||||
| FinThrive | Private Equity-Backed | Plano, TX | ||||
| AdvancedMD | Private Equity-Backed | South Jordan, UT | ||||
| Modernizing Medicine | Private Equity-Backed | Boca Raton, FL |
ABILITY Network Signals
ABILITY Network Former Investors
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
|---|
ABILITY Network Investments & Acquisitions (8)
ABILITY Network’s most recent deal was a Buyout/LBO with Secure Bill Pay. The deal was made on 18-Jul-2017.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Secure Bill Pay | 18-Jul-2017 | Buyout/LBO | Financial Software | ||
| ShiftHound | 28-Mar-2017 | Buyout/LBO | Business/Productivity Software | ||
| eHealth Data Solutions | 04-Apr-2016 | Buyout/LBO | Decision/Risk Analysis | ||
| G4 Health Systems | 25-Feb-2016 | Buyout/LBO | Enterprise Systems (Healthcare) | ||
| OCS HomeCare | 21-Dec-2015 | Buyout/LBO | Practice Management (Healthcare) |
ABILITY Network Affiliates
Subsidiaries (1)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| G4 Health Systems | Tulsa, OK | 2011 |
ABILITY Network FAQs
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When was ABILITY Network founded?
ABILITY Network was founded in 2000.
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Where is ABILITY Network headquartered?
ABILITY Network is headquartered in Minneapolis, MN.
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What is the size of ABILITY Network?
ABILITY Network has 520 total employees.
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What industry is ABILITY Network in?
ABILITY Network’s primary industry is Enterprise Systems (Healthcare).
-
Is ABILITY Network a private or public company?
ABILITY Network is a Private company.
-
What is ABILITY Network’s current revenue?
The current revenue for ABILITY Network is .
-
How much funding has ABILITY Network raised over time?
ABILITY Network has raised $40.3M.
-
Who are ABILITY Network’s investors?
Auburn Hill Capital, Bain Capital Ventures, Chippewa Valley Angel Investors Network, HarbourVest Horizon, and HarbourVest Partners are 5 of 11 investors who have invested in ABILITY Network.
-
Who are ABILITY Network’s competitors?
DrChrono, PointClickCare, FinThrive, AdvancedMD, and Modernizing Medicine are some of the 37 competitors of ABILITY Network.
-
Who acquired ABILITY Network?
ABILITY Network was acquired by Inovalon Holdings.
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