Zelis
Financials
Estimates*
USD | 2017 |
---|---|
Revenues | 314m |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
* | N/A | N/A | Growth Equity VC |
N/A | $20.1m | Late VC | |
Total Funding | $20.1m |
Recent News about Zelis
EditZelis is a prominent player in the healthcare financial sector, focusing on modernizing the financial experience for all stakeholders, including payers, providers, and healthcare consumers. The company operates in the healthcare market, offering a suite of financial solutions that streamline payments, manage claims costs, and enhance transparency. Zelis serves a diverse client base, including insurance companies, healthcare providers, and patients. Its business model revolves around providing integrated financial services through APIs, which clients can embed into their platforms for seamless operation. Zelis generates revenue through a combination of service fees, transaction fees, and subscription models. The company has expanded its capabilities through strategic acquisitions, including PHX for claims cost management, Pay Plus Solutions for payment innovations, Payer Compass for Medicare capabilities and payment integrity, Payspan for payment network expansion, and Sapphire Digital for member navigation and transparency offerings. These acquisitions have bolstered Zelis's ability to offer comprehensive financial solutions in the healthcare space.
Keywords: healthcare financial solutions, payments, claims cost management, transparency, APIs, insurance companies, healthcare providers, patients, strategic acquisitions, financial services.