What is Systemedic?
Systemedic, Inc. is a seasoned medical billing company with extensive experience serving doctors across the New York Metropolitan area. Leveraging decades of expertise, the company specializes in the intricacies of medical claims submission and processing, particularly for primary care and non-surgical specialist practices. Systemedic's core competency lies in its ability to meticulously analyze insurance policies and Explanation of Benefits (EOBs) to accurately determine patient financial responsibilities and ensure proper billing. This deep understanding allows them to optimize revenue cycles for healthcare providers and empower patients to become more informed consumers of healthcare services.
How much funding has Systemedic raised?
Systemedic has raised a total of $502K across 2 funding rounds:
Debt
$150K
Debt
$352K
Debt (2020): $150K with participation from PPP
Debt (2021): $352K led by PPP
Key Investors in Systemedic
PPP
Public-Private Partnership
PPP
Public-Private Partnership
Undisclosed Investors
What's next for Systemedic?
The substantial enterprise-level capital infusion positions Systemedic for continued expansion and refinement of its specialized medical billing services. With a focus on navigating the complex landscape of insurance policies and claims processing, the company is well-equipped to enhance its offerings. Future strategic initiatives will likely involve leveraging this financial backing to deepen its market penetration in the New York Metropolitan area and potentially explore technological advancements to further streamline billing operations and client support, solidifying its role as a critical partner for healthcare providers.
See full Systemedic company page
