ABILITY Network
AcquiredSimplifying healthcare connectivity and workflow
Minneapolis, United States · Founded 2000 · $582.0M raised
- Headquarters
- Minneapolis
- Employees
- 501–1000
- Founded
- 2000
- Business Model
- B2B
- Website
- abilitynetwork.com
- Total Funding
- $582.0M
- Last Round
- $550.0M Private EquityApr 2014
- Rounds
- 3
- Acquired by
- InovalonApr 2018
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
About
ABILITY Network was a Minneapolis-based healthcare technology company providing web-based connectivity and workflow software to simplify clinical and administrative tasks for hospitals, home health agencies, skilled nursing facilities, and other healthcare organizations. The platform offered solutions spanning eligibility verification, claims management, MDS assessment, and workforce scheduling, serving thousands of provider organizations across the United States. ABILITY Network was acquired by Inovalon in 2016 for approximately $1.2 billion, and its products continue under the Inovalon Provider Solutions brand.
Summary
ABILITY Network is a Healthcare company based in Minneapolis, United States, founded in 2000. It has raised $582.0M in total across 3 rounds, most recently a $550.0M Private Equity round in Apr 2014. Investors include Lemhi Ventures, Summit Partners and Bain Capital Ventures.
Tech & App Stack
21 technologies & apps tracked
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Funding & Exit History
Apr 2018
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Funding: Seed through Private Equity. Amounts, valuations, and investors where available.
Investors
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