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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 1156 active competitors, including 28 funded and 84 that have exited. Its top competitors include companies like Medusind, AGS and Ventra Health.

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
7,033 as on Sep 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 7,033 employees as of Sep 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 Medusind, AGS and Ventra Health. 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 Medusind
Medusind
2002, Miami (United States), Acquired
Provider of medical and dental revenue cycle management service solutions
-
69/100
2nd
Logo for AGS
AGS
2011, Chennai (India), Acquired
Healthcare revenue cycle management services provider
$2.45M
55/100
3rd
Logo for Ventra Health
Ventra Health
2007, Dallas (United States), Funding Raised
Provider of healthcare revenue cycle management services
-
55/100
4th
Logo for Rivet
Rivet
2017, Salt Lake City (United States), Series B
Provider of revenue cycle management software for healthcare organizations
$28.8M
51/100
5th
Logo for FinThrive
FinThrive
2018, Boston (United States), Funding Raised
Developer of healthcare revenue cycle management and billing automation software
-
51/100
6th
Logo for Ensemble Health Partners
Ensemble Health Partners
2014, Huntersville (United States), Acquired
Provider of revenue cycle management services
-
47/100
7th
Logo for Revecore
Revecore
1996, Fort Mitchell (United States), Acquired
Provider of revenue cycle management services
-
47/100
8th
Logo for Cosentus
Cosentus
1999, Irvine (United States), Unfunded
Provider of medical revenue cycle management services
-
-
47/100
9th
Logo for Caduceus Capital Partners
Caduceus Capital Partners
2020, Brentwood (United States), Unfunded
Provider of healthcare investing services
-
-
46/100
10th
Logo for CaduceusHealth
CaduceusHealth
1997, Jersey City (United States), Acquired
Provider of fully outsourced clinical and revenue cycle solutions for large healthcare networks
-
-
45/100
106th
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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Reports related to Parallon

Here is the latest report on Parallon's geography:

News related to Parallon

•
HCA Healthcare taps new CIOHealthcare Dive•Feb 06, 2024•HCA, Parallon
•
HCA subsidiary CEO retiring, new leader namedNashville Post•Feb 24, 2022•Parallon
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