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Parallon - About the company

Parallon is an unfunded company based in Nashville (United States), founded in 2011. It operates as a Provider of revenue cycle management services. Parallon has not raised any funding yet. The company has 382 active competitors, including 25 funded and 72 that have exited. Its top competitors include companies like R1 RCM, Adonis and Performant Financial.

Company Details

Parallon Business Solutions will provide revenue cycle and other business processes, workforce management solutions, supply chain services. It provides EHR implementations, application support, IT managed services, technical staffing and strategic IT consulting services to hospitals, outpatient facilities, accountable care organizations and large physician groups nationwide.
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Phone Number
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Key Metrics
Founded Year
2011
Location
Nashville, United States
Stage
Unfunded
Ranked
Employee Count
6,935 as on Apr 30, 2026
Investment & Acquisitions
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Parallon's funding and investors

Parallon has not raised any funding rounds yet.

Parallon's founders and board of directors

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Parallon's employee count trend

Parallon has 6,935 employees as of Apr 26. Here is Parallon's employee count trend over the years:
Employee count trend for Parallon
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Parallon's Competitors and alternates

Top competitors of Parallon include R1 RCM, Adonis and Performant Financial. Here is the list of Top 10 competitors of Parallon, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for R1 RCM
R1 RCM
2003, Chicago (United States), Acquired
Provider of AI-driven solutions for healthcare revenue cycle management and operations
-
69/100
2nd
Logo for Adonis
Adonis
2022, Manhattan (United States), Series B
Provider of revenue cycle management services for healthcare industry
$54M
64/100
3rd
Logo for Performant Financial
Performant Financial
1976, Livermore (United States), Public
Provider of recovery solutions for government obligations
-
59/100
4th
Logo for GeBBS
GeBBS
2005, Los Angeles (United States), Acquired
Provider of RCM services
-
-
59/100
5th
Logo for Sagility
Sagility
2021, Westminster (United States), Public
Provider of healthcare business process outsourcing, revenue cycle management, and technology solutions
-
 
58/100
6th
Logo for Ventra Health
Ventra Health
2007, Dallas (United States), Funding Raised
Provider of healthcare revenue cycle management services
-
54/100
7th
Logo for FinThrive
FinThrive
2018, Boston (United States), Funding Raised
Provider of healthcare revenue management services
-
52/100
8th
Logo for Aspirion
Aspirion
2006, Columbus (United States), Acquired
Provider of healthcare provider of revenue cycle management services
-
51/100
9th
Logo for The Craneware Group
The Craneware Group
1999, Deerfield Beach (United States), Public
Provider of financial and clinical data solutions for the healthcare industry
-
51/100
10th
Logo for Vee Healthtek
Vee Healthtek
2000, New York City (United States), Acquired
Technology consulting services company that provides solutions to transform healthcare organizations, offering a range of services including revenue cycle management
-
 
51/100
152nd
Logo for Parallon
Parallon
2011, Nashville (United States), Unfunded
Provider of revenue cycle management services
-
-
27/100
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Parallon's Investments and acquisitions

Parallon has acquired 3 companies including The Outsource Group, Martin Fletcher and The Outsource Group. Parallon has not made any investments as of now.
Here is the list of its acquisitions:
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
Jul 07, 2013
Acquisition
2004
Saint Louis (United States)
Dec 04, 2012
Acquisition
1999
Irving (United States)
Dec 2004
Acquisition
2004
Saint Louis (United States)
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News related to Parallon

HCA Healthcare taps new CIOHealthcare DiveFeb 06, 2024HCA, Parallon
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FAQs about Parallon

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