eSolutions - About the company
eSolutions is an acquired company based in Franklin Square (United States), founded in 1999 by Bill Creach. It operates as an AI-powered healthcare revenue cycle management solutions for financial performance and patient care. eSolutions has raised an undisclosed amount in funding from Francisco Partners and WestView Capital. The company has 237 active competitors, including 26 funded and 44 that have exited. Its top competitors include companies like R1 RCM, Xifin and Adonis.
Company Details
AI-powered healthcare revenue cycle management solutions for financial performance and patient care. The company offers a smart platform delivering a better experience and powerful results. It provides solutions for financial clearance, revenue capture, claim management, payment management, and denial prevention and recovery. The platform leverages artificial intelligence, generative AI, and advanced automation to drive meaningful outcomes for healthcare providers. The company's software platform offers features like eligibility verification, patient estimation, charge integrity, claim monitoring, and analytics and reporting. It serves various clients including physician practices, hospitals, and billing services. The company's AI cloud software, automates workflows, prioritizes tasks, and eliminates errors, driving efficiency and yielding meaningful results for healthcare providers. The company is a SaaS provider in the healthcare technology space.
- Website
- esolutionsinc.com
- Registered Address
- Overland Park, Kansas
Key Metrics
Founded Year
1999
Location
Franklin Square, United States
Stage
Acquired
Latest Funding Round
Investors
Ranked
61st among 237 active competitors
Employee Count
259 as on Dec 31, 2020
Exit Details
Acquired by Waystar (Aug 12, 2020)
Legal entities associated with eSolutions
eSolutions is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
ESOLUTIONS, INC. CIN: 481213987 , United States, Active | Dec 26, 999 | - | 259 (As on Dec 31, 2020) | - |
eSolutions's acquisition details
eSolutions got acquired by Waystar on Aug 12, 2020. It was facilitated by William Blair, Kirkland & Ellis, Triple Tree and 3 more.
Click here to take a look at eSolutions's acquisition in detail
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eSolutions's funding and investors
eSolutions has raised funding over 3 rounds. Its first funding round was on Nov 2011. Its latest funding round was a PE round on Jan 09, 2015 for $*****. 1 investor participated in its latest round. eSolutions has 4 institutional investors.
Here is the list of recent funding rounds of eSolutions:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jan 09, 2015 | 8400303 | PE | 6565632 | 2882326 | 2815467 | 3559546 |
Nov 2011 | 5631360 | PE | 3807773 | 5695302 | 4976311 | |
Nov 2011 | 4422743 | Conventional Debt | 7420161 | 8882171 | 3551532 |
View details of eSolutions's funding rounds and investors
eSolutions' founders and board of directors
Founder? Claim ProfileThe founders of eSolutions is Bill Creach.
Here are the details of eSolutions' key team members:
- Bill Creach: Former Founder of eSolutions.
View details of eSolutions's Founder profiles and Board Members
eSolutions' employee count trend
eSolutions has 259 employees as of Dec 20. The total employee count is 11.0% lower than what it was in Dec 19. Here is eSolutions's employee count trend over the years:
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eSolutions's Competitors and alternates
Top competitors of eSolutions include R1 RCM, Xifin and Adonis. Here is the list of Top 10 competitors of eSolutions, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | R1 RCM 2003, Chicago (United States), Acquired | Provider of AI-driven solutions for healthcare revenue cycle management and operations | - | 69/100 | |
2nd | Xifin 1997, San Diego (United States), Acquired | Cloud-based billing & revenue cycle management solutions for diagnostic service providers | $6M | 67/100 | |
3rd | Adonis 2022, Manhattan (United States), Series B | Provider of revenue cycle management services for healthcare industry | $54M | 64/100 | |
4th | Thoughtful 2020, Chicago (United States), Series A | AI-powered healthcare administration platform to automate tasks | $20M | 63/100 | |
5th | Zentist 2015, San Francisco (United States), Series A | Provider of billing solutions for dentists | $14M | 62/100 | |
6th | iMedX 2002, Atlanta (United States), Acquired | RCM and clinical documentation solutions optimizing healthcare revenue and patient care | $22.3M | 61/100 | |
7th | Janus AI 2020, Chicago (United States), Series B | AI and SaaS-based revenue cycle management tool for healthcare providers | $64M | 61/100 | |
8th | AKASA 2018, San Francisco (United States), Series B | Provider of revenue cycle automation platform for healthcare | $85M | 61/100 | |
9th | Infinx 2010, San Francisco (United States), Seed | Provider of platform for revenue cycle management | - | 61/100 | |
10th | Medusind 2002, Miami (United States), Acquired | Platform offering revenue cycle management solutions | - | 58/100 | |
61st | eSolutions 1999, Franklin Square (United States), Acquired | AI-powered healthcare revenue cycle management solutions for financial performance and patient care | - | 33/100 |
Looking for more details on eSolutions's competitors? Click here to see the top ones
eSolutions's Investments and acquisitions
eSolutions has not made any investments yet. eSolutions has made 4 acquisitions.Here is the list of latest three $acquisitions:
Filter this list
Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Oct 27, 2019 | Acquisition | 2003 | Chicago (United States) | |
Jun 20, 2019 | Acquisition | 2003 | Houston (United States) | |
Aug 16, 2017 | Acquisition | 2000 | Memphis (United States) |
See all acquisitions by eSolutions
Reports related to eSolutions
Here is the latest report on eSolutions's sector:
News related to eSolutions
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eSolutions Acquires Medidal, Solidifying Position in Hospital Revenue RecoveryGlobeNewswire•Oct 27, 2019•E-Solutions, Medidal, eSolutions
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eSolutions Buys RCM Vendor Practice InsightHealthcare Innovation•Jun 20, 2019•Practice Insight, eSolutions, E-Solutions, Kirkland & Ellis
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eSolutions, Inc. Names Gerry McCarthy New Chief Executive OfficerBusiness Wire•Aug 22, 2018•eSolutions
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Francisco Partners-backed eSolutions Buys RemitDATACitybizlist•Aug 16, 2017•E-Solutions, RemitDATA, eSolutions, Remitdata
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eSolutions Receives Strategic Investment From Francisco Partners | Business WireBusiness Wire•Jan 09, 2015•eSolutions, Francisco Partners
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