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Founded in 1996, St. Petersburg, Florida-based CareMedic Systems, Inc. is a leading provider of revenue cycle management solutions. The company has implemented its technology in more than 1,500 hospitals and provider organizations across the United States. CareMedic provides high value end-to-end solutions that streamline cash flow and speed the reimbursement process, helping customers manage the complexity of the revenue cycle to increase their bottom lines.
STATUS: Private
ConnectiCare is a health plan serving more than 240,000 individuals in Connecticut and Western Massachusetts. In 2007, ConnectiCare was ranked #5 on the U.S. News and World Report/NCQA list of America’s Best Health Plans. The ranking is based on a combination of member satisfaction, clinical performance, and accreditation by the National Committee for Quality Assurance. The company has 500 employees and is located in Farmington, Connecticut.
STATUS: Acquired by Health Insurance Plan of NY - 03/05
EBenX, Inc. (now SHPS) provides specialized technology-based solutions to employers, brokers, employee benefit advisors, and health plans and other carriers for the purchase, administration, and payment of group health and welfare benefits. It automates complex transactions associated with the exchange of health and welfare benefits data and dollars between parties in the health and welfare benefits supply chain. Founded in 1993, the company is headquartered in Minneapolis, Minnesota. On February 3, 2003 the company was sold to SHPS, Inc.
STATUS: IPO - 12/99; Acquired by SHPS, Inc. - 02/03
IPC is a leading national physician group practice focused on the delivery of hospital medicine. IPC hospitalists manage the care of hospitalized patients in coordination with primary care physicians and specialists. The Company provides its hospitalists with the comprehensive training, information technology and management support systems necessary to promote the highest quality of care for patients.
STATUS: IPO - 02/08; Secondary Public Offering - 08/08
Quovadx (now Healthvision) provides proven enterprise solutions for hospitals, government entities and health plans. The company’s clinical, financial and government solutions are designed to increase IT interoperability, improve business process efficiency and leverage existing technology systems. Cloverleaf® Integration Suite, the award-winning integration product developed for healthcare providers and payers, has installations in more than 2,000 sites worldwide, in 40 percent of all large IDNs (Integrated Delivery Networks) in the U.S.
STATUS: IPO - 00; Buyout by Battery Ventures - 07/07
Skylight Healthcare Systems installs and operates the ACCESS Interactive Patient System. Skylight’s solution has proven to significantly enhance patient experience, impact staff satisfaction, facilitate regulatory compliance, and enhance administrative efficiencies for the hospital. Skylight’s system is installed in a number of major networks including Ascension Health, Advocate, Aurora, Banner Health, Sutter, Catholic Healthcare West and Sharp Healthcare.
STATUS: Private
ZONARE Medical Systems, Inc. is a leading provider of premium ultrasound systems. Zone Sonography technology, ZONARE’s unique patented approach to ultrasound imaging, is focused on bringing high performance to all clinical settings, leading to advanced diagnostic capabilities, more cost effective operation and increased value to providers.
STATUS: Private