adonis

We had the opportunity to work with Blake Madden and Hospitalogy to survey 110+ healthcare leaders on the latest financial trends and challenges impacting the industry in 2024 and beyond. 📈 Access the report to learn how teams are adapting to these trends and addressing these challenges at scale ➡ https://lnkd.in/dganZ4Bu #healthcare #research #healthtech

adonis, a New York City-based healthcare financial technology platform provider, has successfully raised $31 million in a Series B funding round. This latest investment brings the company's total funding to $54 million. The round was led by Point72 Private Investments, with participation from Kin Ventures and existing investors General Catalyst, Bling Capital, and Max Ventures. Adonis plans to utilize this new capital to drive product innovation, expand its presence in the health system sector, and grow its team based in New York City. This substantial funding underscores investor confidence in Adonis's potential to make significant strides in the healthcare fintech space. https://lnkd.in/gyqFCAG5

We're proud to announce our lead investment in adonis alongside Kin Ventures. Adonis is a revenue intelligence and automation platform for healthcare, designed to give providers the ability to collect revenue more seamlessly and efficiently. On a per capita basis, the US far outspends other developed nations on healthcare, but outcomes have not kept pace. Administrative costs are the largest contributor to this discrepancy – the US spent ~$925 per capita on healthcare admin costs in 2021, 75%+ higher than the next highest country (Switzerland) and more than Germany, France, the UK, Spain, and Italy combined. This amounts to over $300B of spend each year in the US that adds nothing to the quality of healthcare delivery but nonetheless drives significantly higher costs of care for patients and consumer. Adonis was created to address this very problem – helping streamline medical billing processes with the goal of maximizing revenue outcomes and ultimately enabling healthcare providers to deliver the highest form of clinical care. Read more here: https://lnkd.in/e9_4ZuUN

BIG news! We are beyond thrilled to officially share that Adonis has raised 31M in Series B financing led by Point72 Private Investments. 🚀 Point72 Private Investments was joined by new investor Kin Ventures, along with existing investors General Catalyst, Bling Capital, and Max Ventures. Thank you to Erin Brodwin and Axios for covering our story! 💫 “The Adonis team has a deep understanding of the complex challenges prevalent in healthcare today,” said Sri Chandrasekar, Managing Partner at Point72 Private Investments. “By helping practices recover more revenue, they are in turn giving providers the ability to focus on improving patient experiences and health outcomes overall. We believe their approach has the potential to create a lasting impact on practices, providers, and patients and are excited to be a partner along the way.” These past two years have been a whirlwind of growth at Adonis, and our Series B provides the fuel for the continued innovation needed to make a meaningful impact across healthcare nationwide. Thank you to our customers, who put their faith in our team and our technology, and thank you to our incomparable Adonis team — we are incredibly fortunate to work with such a smart, driven, and fun group of people each day. 🌟 Read the full article on Axios, here ➡ https://lnkd.in/dQ4sqafs #healthtech #funding #seriesb #nycstartup #startup

Health care revenue cycle automation company Adonis raises $31 million in Series B funds led by Point72 Private Investments. Why it matters: Financially strained hospitals are keen to deploy new billing and automation tools to alleviate workforce burdens and boost efficiency. Read it in Axios.

BIG news! We are beyond thrilled to officially share that Adonis has raised 31M in Series B financing led by Point72 Private Investments. 🚀 Point72 Private Investments was joined by new investor Kin Ventures, along with existing investors General Catalyst, Bling Capital, and Max Ventures. Thank you to Erin Brodwin and Axios for covering our story! 💫 “The Adonis team has a deep understanding of the complex challenges prevalent in healthcare today,” said Sri Chandrasekar, Managing Partner at Point72 Private Investments. “By helping practices recover more revenue, they are in turn giving providers the ability to focus on improving patient experiences and health outcomes overall. We believe their approach has the potential to create a lasting impact on practices, providers, and patients and are excited to be a partner along the way.” These past two years have been a whirlwind of growth at Adonis, and our Series B provides the fuel for the continued innovation needed to make a meaningful impact across healthcare nationwide. Thank you to our customers, who put their faith in our team and our technology, and thank you to our incomparable Adonis team — we are incredibly fortunate to work with such a smart, driven, and fun group of people each day. 🌟 Read the full article on Axios, here ➡ https://lnkd.in/dQ4sqafs #healthtech #funding #seriesb #nycstartup #startup

We're so excited for tomorrow's webinar with Kevin Murphy, "How this VP of Revenue Cycle Informs Strategic Decision Making." 🚀 Follow the link below to save your seat! P.S. Busy at that time? Register anyway — we'll send you exclusive access to the webinar recording after the broadcast!

▶ Upcoming Webinar: Navigating the Ocean of Revenue Cycle Data 🌊 Much like the captain of a ship requires a map, their crew, and the appropriate tools to set sail, your revenue cycle team needs a meticulous strategy, best-in-class team, and the right technology in place to navigate the ocean of revenue cycle data at your fingertips. This is no easy feat — which is why we are sitting down with Kevin Murphy, seasoned RCM leader and current VP of Revenue Cycle at Steward Medical Group, to discuss: 📊 How to leverage data to drive strategic decision-making 💡 What to consider when developing your RCM tech stack 💪 Motivating teams through collaboration and camaraderie 💭 Why RCM is the bedrock of stability at an organization, and much more! Webinar Date: Tuesday, June 25th Broadcast Time: 2 PM EST Don't miss out on what's sure to be an insightful and exciting discussion: https://lnkd.in/eBvnnhip See you there! 👋 #webinar #revenuecycle #RCM #RevenueCycleManagement

Please join us in welcoming 3 of the newest members of our Engineering team, Nick Williams, Billy Bastardi, and David Yu! 💫 We could not be more excited for these all-stars to join our growing team. If you're on the hunt for a new role, Adonis is hiring across Engineering, Product, Sales, Marketing, and Customer Success! Check out our open roles, here: https://lnkd.in/en-mUE_w #hiring #nycstartup #nyctech #techroles #NYCjobs

“Adonis is cheering us on to make sure we can launch and cover as many families as possible," - Bukhtar Khan. 👏 We're proud to partner with Finni and have the opportunity to cheer you on every step of the way! 🎉 Check out the most recent episode of "Heroes of Their Revenue Story," featuring Bukhtar Khan, CEO and Co-Founder of Finni Health (YC W23), to learn more about the evolution of Finni and the work they are doing with Adonis: https://lnkd.in/eBAFDJhR