Avalon Healthcare Solutions - A Comprehensive Laboratory Benefits Management Company Revenue and Competitors

Tampa, FL USA

Location

$29.3M

Total Funding

Estimated Revenue & Valuation

  • Avalon Healthcare Solutions - A Comprehensive Laboratory Benefits Management Company's estimated annual revenue is currently $37.2M per year.(i)
  • Avalon Healthcare Solutions - A Comprehensive Laboratory Benefits Management Company received $Undisclosed in venture funding in January 2017.
  • Avalon Healthcare Solutions - A Comprehensive Laboratory Benefits Management Company's estimated revenue per employee is $150,500
  • Avalon Healthcare Solutions - A Comprehensive Laboratory Benefits Management Company's total funding is $29.3M.

Employee Data

  • Avalon Healthcare Solutions - A Comprehensive Laboratory Benefits Management Company has 247 Employees.(i)
  • Avalon Healthcare Solutions - A Comprehensive Laboratory Benefits Management Company grew their employee count by 38% last year.
Competitor NameRevenueNumber of EmployeesEmployee GrowthTotal FundingValuation
#1
$7.7M61-16%N/AN/A
#2
$268.5M134117%$332.6MN/A
#3
$150.7M76913%N/AN/A
#4
$32.2M2140%N/AN/A
#5
$4.8M43-14%N/AN/A
#6
$15.5M111-12%$150KN/A
#7
$1.4M17N/AN/AN/A
#8
$2M290%$54.7MN/A
#9
$1.5M1829%N/AN/A
#10
$0.3M4N/AN/AN/A
Add Company

Avalon Healthcare Solutions (Avalon) is the leader in Laboratory Benefits Management. Avalon offers proven solutions to save 7-12% of outpatient lab spend for health plans, TPAs, unions and self-funded employers. Utilizing evidence-based lab guidelines, Avalon contracts a high-performance network of laboratory providers and implements the proprietary Automated Policy Enforcement Application (APEA) to ensure all lab tests are appropriate. While others companies manage only components of the complex lab segment, Avalon provides a comprehensive program across all lab claims and all places of service - independent, physician office and hospital-based labs. For more about Avalon, please visit our web site at http://www.avalonhcs.com.

keywords:Healthcare,Healthcare Providers,Medical Diagnostics

$29.3M

Total Funding

247

Number of Employees

$37.2M

Revenue (est)

38%

Employee Growth %

N/A

Valuation

N/A

Accelerator

Avalon Healthcare Solutions - A Comprehensive Laboratory Benefits Management Company News

2022-04-17 - The Time is Now for Laboratory Benefit Management

Both Avalon Healthcare Solutions and Kentmere Healthcare Consulting Corporation state their services can cut the cost of clinical lab testing.

2022-03-22 - Meet Shantha Diaz, a 2022 BusinessWoman of the Year ...

... Avalon Healthcare Solutions, a health care information technology and specialty benefit management company focused on laboratory testing...

2019-11-05 - The emergence of laboratory benefits managers: PBM déjà vu?

Pharmacy benefits managers (PBMs), the companies that administer prescription drug coverage for employers, municipalities, insurance companies, and the like, have taken heat for adding to the cost of drugs instead of controlling or lowering them. Sen. Ron Wyden (D-Ore.) has called PBMs “gnarled, ...

2017-01-10 - Term Sheet — Tuesday January 10

ALL AI EVERYTHING Jocelyn Goldfein has worked on some of Silicon Valley’s most iconic products: She spent seven years as an engineering leader at VMware and four years at Facebook. She even interned at Netscape. In 2014, she started angel investing as a “DIY entrepreneur-in-residence” program — ...

2017-01-09 - Avalon Healthcare Solutions Raises Third Funding Round

Avalon Healthcare Solutions, a Tampa, Fla.-based provider of a technology-enabled laboratory benefit management platform, raised a third round of funding. Backers included Mosaic Health Solutions (Mosaic), BlueCross BlueShield of South Carolina, and Francisco Partners. The company intends to u ...

Company NameRevenueNumber of EmployeesEmployee GrowthTotal Funding
#1
$55.7M24713%N/A
#2
$41.6M2524%N/A
#3
$78.9M25334%N/A
#4
$61.5M254-5%N/A
#5
$62.2M257N/AN/A

Avalon Healthcare Solutions - A Comprehensive Laboratory Benefits Management Company Funding

DateAmountRoundLead InvestorsReference
2016-01-08$UndisclosedSecondFrancisco PartnersArticle
2017-01-12$UndisclosedThirdMosaic Health SolutionsArticle