What does Navicure do?
Navicure, is a leading provider of patient payment solutions cloud based claims management. The company provides cloud based claims management and patient payment solutions for hospitals and physician practices. The company’s cloud based solutions helps the healthcare organizations of every size improve their revenue, lower their costs associated with managing patient payments and insurance claims and accelerate the cash flow. The company serves over nine hundred thousand healthcare provides all over the country. Its tech solutions automate account receivable processes including managment of claims; patient eligibility verification; denial management including appeals, automated secondary claims filling, posting and remittance; patient payment collection and reporting and analysis. The company’s solutions are supported by its unique 3 ring client service which guarenteed that a client service personnel will answer a call from every client in 3 rings or less. The company is the exclusive patient and billing payment solution of the MGMA Executive Partner network.
How much Navicure was funded?
The company raised an undisclosed amount on June 15, 2016 from Bain Capital.
What is next for Navicure?
The company will continue to lead by its current founder and CEO, James M. Denny, Jr.The company will retain a meaningful interest in the business. The company will continue to grow it business and deliver an even wider range of differentiated solutions to its customers.
More about Navicure
Navicure was founded in 2001 by Denny. It has its headquarters n Duluth, GA. This company helps healthcare organizations of every size increase their revenue, reduce the costs associated with patient payments, insurance clains and accelerate their cash flow. The company’s solutions help the providers of healthcare handle claims effectively, remmittance and denial management and patient eligibility verification, reporting and analysis, posting, payment patient collections.