ABILITY Network Revenue and Competitors

Location

$1.1B

Total Funding

Estimated Revenue & Valuation

  • ABILITY Network's estimated annual revenue is currently $28.7M per year.(i)
  • ABILITY Network received $545.0M in venture funding in December 2017.
  • ABILITY Network's estimated revenue per employee is $150,500
  • ABILITY Network's total funding is $1.1B.

Employee Data

  • ABILITY Network has 191 Employees.(i)
  • ABILITY Network grew their employee count by -9% last year.
Competitor NameRevenueNumber of EmployeesEmployee GrowthTotal FundingValuation
#1
$119.3M6483%$3.5MN/A
#2
$0.5M157%$9.4MN/A
#3
$1.5M17N/AN/AN/A
#4
$38.5M25039%N/AN/A
#5
$62.4M210N/AN/AN/A
#6
$0M10%$1.3MN/A
#7
$0.2M9-31%$5MN/A
#8
$7.8M108-2%N/AN/A
#9
$0.6M8N/AN/AN/A
#10
$7.3M34N/AN/AN/A
#11
$9.9M46N/AN/AN/A
#12
$6.5M30N/AN/AN/A
#13
$5.6M48N/AN/AN/A
#14
$1.3M15N/AN/AN/A
#15
$2.6M26N/AN/AN/A
#16
$2M13N/AN/AN/A
#17
$0.4M4N/AN/AN/A
Add Company

ABILITY® Network is a leading information technology company that helps providers and payers simplify the administrative and clinical complexities of healthcare through innovative applications and data analytics. We provide applications that are integral in helping with revenue cycle management (including claims, eligibility and remittance), clinical management (including clinical intelligence) and overall performance improvement (including analytics and benchmarking) via a powerful, integrated platform that enables connectivity between and among payers and providers. SERVICES: ABILITY EASE Medicare: Maximize revenue cycle management by simplifying DDE Medicare claims and eligibility verification for home health, hospice, hospitals and SNFs ABILITY COMPLETE: All-payer eligibility verification and customizable dashboard - Medicare, Medicaid and commercial payers ABILITY CHOICE All-Payer Claims: Easy-to-use electronic claims submission service for over 2,200 commercial insurance companies, Medicare, and Medicaid

keywords:Data Storage,Finance,Health Insurance,Healthcare,Healthcare Providers,Information Security,Insurance,Security,Storage

$1.1B

Total Funding

191

Number of Employees

$28.7M

Revenue (est)

-9%

Employee Growth %

N/A

Valuation

N/A

Accelerator

ABILITY Network News

2022-04-20 - Stanford Children's Health Helps Physicians Focus on ...

Dr. Basi explained that the network streamlines their ability to get patients in to see a specialist rapidly when needed.

2022-04-20 - Creating autonomous networks with intent- based closed loops

To create intelligent networks with the ability to adapt to new ... the intent management functions required for network automation,...

2022-04-17 - Healthcare Payers' Core Administrative Processing Solutions ...

Some of the Top companies Influencing in this Market include:Zebu Compliance Solutions, ABILITY Network, Accenture, Optum, Cerner,...

2018-03-08 - HIMSS18 Day 3 Coverage Highlights & Summary

Inovalon to Acquire ABILITY Network for $1.2B Inovalon, a technology company providing advanced, cloud-based platforms empowering a data-driven transformation from volume-based to value-based models has acquired ABILITY Network (“ABILITY”) for $1.2 billion. The combination of Inovalon and ABILI ...

2017-12-14 - Health IT Company ABILITY Network Raises $545M in Debt Financing

ABILITY Network (ABILITY), a health information technology company that simplifies the complexities of administrative and clinical processes has raised $545 million in debt financing. The proceeds will be used to replace existing debt at lower rates and extended maturities, fund cash to the bala ...

Company NameRevenueNumber of EmployeesEmployee GrowthTotal Funding
#1
$48.2M1920%N/A
#2
$57.6M194-54%N/A
#3
$32.2M195-2%N/A
#4
$38.8M1968%N/A
#5
$21.6M196-2%N/A

ABILITY Network Funding

DateAmountRoundLead InvestorsReference
2014-04-10$550.0MUndisclosedSummit PartnersArticle
2017-12-18$545.0MUndisclosedJefferies Finance LLCArticle

ABILITY Network Executives


NameTitle
Geoff CharronEVP Engineering
Jennifer MarsoVice President of Strategic Communications
Bud MeadowsPresident and General Manager
Garry KeuteVice President Sales | Secure Web-Based Healthcare Solutions
Rick VanOrnumVice President of Sales
Peggy FarraVice President Tax & Treasury
Sean AhlumVice President New Product Business Development
Tom SchultzSenior Vice President of Sales