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Knowtion Health

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Year established

2008

Location

Boca Raton FL US

Primary Industry

Healthcare IT

About

Founded in 2008 and based in Florida, US, RSource, LLC doing business as Knowtion Health, operates as a provider of technology-enabled and claim management services for hospitals and healthcare providers. In September 2020, Sunstone Partners invested in Knowtion Health. As of 2022, the company is led by its CEO, Jayson Yardley, and offers services to 350 hospitals. The company offers various support services for hospitals that include COB and patient, involvement denials, clinical denials, low balance recovery, complex claims (MVA, TPL, work comp), VA claims recovery, payer audit defense, and many more. The company’s services result in an increase in patient engagement by advocating for patients. The investment will help drive Knowtion Health's rapid growth and provide new capital to invest in the expansion of the company’s service offerings while further enhancing the customer experience.
Current Investors
Sunstone Partners

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Primary Industry
Healthcare IT
Sub Industries
Business Support Services, Healthcare IT
Website
www.knowtionhealth.com
Verticals
HealthTech
Company Stage
Mature - Growth Capital
Total Amount Raised
Subscriber access only

Deals

Deals Type
Secondary Buyout
Add-on
Growth
Deal Status Target (s) Deal Date Investor(s) Seller(s) Deal size (Mn) Enterprise value (Mn) Post-money valuation (Mn) EBITDA multiple (x) Revenue multiple (x) Lead partner (s)
Announced Knowtion Health 22 Aug 2024
Completed Amplus Group 07 Oct 2022
Completed Knowtion Health 01 Aug 2020
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