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With our new alliance with Frost Arnett, Health iPASS can now offer a comprehensive solution towards solving a practice's bad debt problems
Opening the Financial Black Box in Healthcare
Frost-Arnett and HealthiPASS Form Strategic Alliance
HealthiPASS would target PE, strategic investors in upcoming funding rounds, CEO says by Claire Rychlewski in Chicago January 17, 2018 HealthiPASS, a venture-backed healthcare payment software company that has raised USD 9.3m to date, will look to attract private equity and strategic investors, as well as VC, in upcoming rounds, said founder and CEO Rajesh Voddiraju. Chicago-based HealthiPASS is tentatively planning to raise Series B funds of about USD 15m to USD 25m in 2H19, with proceeds likely to fund tuck-in acquisitions, the executive told Mergermarket. Ideal targets would include US-based patient communication companies or revenue cycle management firms (RCM) with artificial intelligence or machine learning capabilities, he said. “It will be less service-oriented companies and more product firms,” Voddiraju said, adding that HealthiPASS is inclined to engage a banker later next year to help the company identify targets.
Who is Health iPASS? Founder Rajesh Voddiraju expounds in a interview
Information on Healthcare Pricing
Health iPASS obtains additonalfunding
Patient Collections
Healthcare Finance
Securing Series A