Certive Health Overview
- Status
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Public
- Stock Symbol
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CBP
- Investments
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5
Certive Health General Information
Description
Certive Solutions Inc is a service provider in the Revenue Cycle Management (RCM) segment of the United States healthcare industry. The company provides claims audit and recovery solutions. Along with its subsidiaries, the Titan and Omega divisions provide retrospective claim audits against payer contracts, identify underpayments, and rebill and collect revenues for hospital customers. Its lines of business include billing support, claim audit and recovery, consulting services and chargemaster/lost charge recovery. The Company currently provides services to hospital clients enhancing the efficiency and effectiveness of lost charge recovery services, in revenue-sharing relationships that improve hospital clients' net operating results.
Contact Information
Website
www.certivehealth.comCorporate Office
- 8149 North 87th Place
- Scottsdale, AZ 85258
- United States
Corporate Office
- 8149 North 87th Place
- Scottsdale, AZ 85258
- United States
Certive Health Timeline
Certive Health Stock Performance
As of 30-Sep-2024, Certive Health’s current market cap is $1.25M with 169M shares.
(As of Monday Closing)
| Stock Price | Previous Close | 52 wk Range | Market Cap | Shares | Average Volume | EPS |
|---|---|---|---|---|---|---|
| $1.25M | 169M | 30K | -$0.01 |
Certive Health Financials Summary
As of 29-Feb-2024, Certive Health has a trailing 12-month revenue of $1.3M.
|
In Thousands, USD |
TTM 29-Feb-2024 | FY 2023 31-May-2023 | FY 2022 31-May-2022 | FY 2021 31-May-2021 |
|---|---|---|---|---|
| EV | 9,682 | 9,319 | 14,384 | 11,261 |
| Revenue | 1,300 | 1,270 | 1,201 | 1,756 |
| EBITDA | (553) | (716) | (1,654) | (1,191) |
| Net Income | (1,580) | (1,670) | (2,626) | (2,043) |
| Total Assets | 366 | 477 | 601 | 710 |
| Total Debt | 5,991 | 5,877 | 5,835 | 5,603 |
Certive Health Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
Certive Health Comparisons
Industry
Financing
Details
Certive Health Competitors (4)
One of Certive Health’s 4 competitors is Health Catalyst, a Formerly VC-backed company based in South Jordan, UT.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Health Catalyst | Formerly VC-backed | South Jordan, UT | ||||
| Parallon | Corporate Backed or Acquired | Nashville, TN | ||||
| Eligible | Venture Capital-Backed | New York, NY | ||||
| Truveris | Venture Capital-Backed | Wilmington, DE |
Certive Health Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
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Verticals
Certive Health Investors
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
|---|
Certive Health Investments & Acquisitions (5)
Certive Health’s most recent deal was a Joint Venture with Magnative Health. The deal was made on 05-Oct-2023.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Magnative Health | 05-Oct-2023 | Joint Venture | Enterprise Systems (Healthcare) | ||
| Omega Technology Solutions | 15-Jul-2015 | Merger/Acquisition | Enterprise Systems (Healthcare) | ||
| Knowledge Capital Alliance | 31-Aug-2014 | Merger/Acquisition | Consulting Services (B2B) | ||
| Titan Health Management Solutions | 03-Jul-2014 | Merger/Acquisition | Accounting, Audit and Tax Services (B2B) | ||
| VisualVault Technologies | 10-May-2012 | Merger/Acquisition | Systems and Information Management |
Certive Health Exits (2)
Certive Health’s most recent exit was on 31-Aug-2014 from Knowledge Capital Alliance. The exit was categorized as .
| Company Name | Exit Date | Exit Type | Exit Size | Status | Buyers |
|---|---|---|---|---|---|
| Knowledge Capital Alliance | 31-Aug-2014 | Completed |
|
||
| Titan Health Management Solutions | 03-Jul-2014 | Merger/Acquisition | Completed |
Certive Health FAQs
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Where is Certive Health headquartered?
Certive Health is headquartered in Scottsdale, AZ.
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What industry is Certive Health in?
Certive Health’s primary industry is Business/Productivity Software.
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Is Certive Health a private or public company?
Certive Health is a Public company.
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What is Certive Health’s stock symbol?
The ticker symbol for Certive Health is CBP.
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What is the current market cap of Certive Health?
The current market capitalization of Certive Health is $1.25M.
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What is Certive Health’s current revenue?
The trailing twelve month revenue for Certive Health is $1.3M.
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Who are Certive Health’s competitors?
Health Catalyst, Parallon, Eligible, and Truveris are competitors of Certive Health.
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What is Certive Health’s annual earnings per share (EPS)?
Certive Health’s EPS for 12 months was -$0.01.
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