Availity

Availity

Healthcare revenue cycle management platform

About Availity

Simplify's Rating
Why Availity is rated
C
Rated D+ on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Enterprise Software

Healthcare

Company Size

1,001-5,000

Company Stage

N/A

Total Funding

N/A

Headquarters

Jacksonville, Florida

Founded

2001

Overview

Availity provides revenue cycle management and clearinghouse solutions in the healthcare sector. Its platform enables healthcare professionals, including providers and payers, to collaborate in real-time. Key services offered by Availity include eligibility and benefits verification, claims management, and authorizations, all accessible through a multi-payer portal. The company operates on a subscription-based model, where healthcare providers pay for access to various features and services. This approach not only generates a steady revenue stream but also helps healthcare organizations streamline their administrative processes, allowing them to concentrate more on patient care. Availity's target market includes healthcare providers, insurance companies, and other entities involved in the healthcare payment process, and its services are designed to enhance the efficiency of revenue cycle operations, ultimately saving clients time and money.

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Simplify's Take

What believers are saying

  • Availity's partnership with RevSpring enhances its revenue cycle management solutions.
  • The rise of telehealth increases demand for efficient claims management solutions.
  • Growing emphasis on patient financial engagement tools boosts payment collections.

What critics are saying

  • Emerging startups offer innovative solutions at lower costs, threatening Availity's market share.
  • AI integration in healthcare could make some of Availity's offerings obsolete.
  • Direct-to-consumer healthcare services may reduce demand for Availity's services.

What makes Availity unique

  • Availity offers a multi-payer portal for real-time collaboration in healthcare.
  • The company integrates RevSpring's PersonaPay for enhanced patient financial engagement.
  • Availity's Rapid Recovery sets a new standard in healthcare cybersecurity.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

401(k) Retirement Plan

401(k) Company Match

Unlimited Paid Time Off

Paid Holidays

Wellness Program

Education Reimbursement

Paid Parental Leave

Company News

PR Newswire
Mar 6th, 2025
Revspring And Availity Expand Partnership With Integration Of Revspring'S Personapay™ And Availity Essentials Pro™

Availity's customers gain a more robust, full-service digital revenue cycle solution, including RevSpring's billing engagement and merchant servicesNASHVILLE, Tenn. and JACKSONVILLE, Fla., March 6, 2025 /PRNewswire/ -- RevSpring, the leading provider of healthcare engagement and payment solutions, and Availity, the nation's largest payer, provider and partner network, today announced a significant expansion of their long-time partnership. RevSpring's market leading PersonaPay™ patient payments portal—awarded Best in KLAS® for Patient Financial Engagement—and merchant services are now integrated with Availity Essentials Pro™ revenue cycle management solution. Availity customers gain streamlined access to a more robust, full-service solution to drive increased payments, faster and more efficient patient payments and processing, and, ultimately, higher return on investment.PersonaPay facilitates built-in intelligence to empower patients to pay precisely what they can, when they should from anywhere. It automatically personalizes payment options, such as pay in full, payment plans, financial assistance or patient financing to fit each patient's individual need and ability to pay. Once a payment is made, RevSpring's Merchant Services then seamlessly processes and creates reconciliation reporting that cuts manual reconciliation in half and eliminates the need for multiple vendors to process any payments from a RevSpring payment solution."RevSpring and Availity have successfully partnered to deliver value to providers and their patients for more than a decade

RevSpring
Mar 6th, 2025
RevSpring and Availity Expand Partnership with Integration of RevSpring's PersonaPay(TM) and Availity Essentials Pro(TM)

RevSpring's market leading PersonaPay(TM) patient payments portal - awarded Best in KLAS(R) for Patient Financial Engagement - and merchant services are now integrated with Availity Essentials Pro(TM) revenue cycle management solution.

Business Wire
Feb 19th, 2025
Availity(R) Sets New Standard in Healthcare Cybersecurity With Launch of Rapid Recovery

Availity(R) sets new standard in healthcare cybersecurity with launch of Rapid Recovery.

HR Tech Wire
Feb 17th, 2025
Availity 'Shifts Left' on Prior Authorizations at Vive

Availity, the nation's largest real-time health information network, takes the stage at the Vive conference in Nashville to discuss technology strategies for streamlining the burdensome prior authorization process.

Business Wire
Jan 9th, 2025
Availity, Concert Partner to Digitize and Automate Prior Authorization for Genetic Testing

In an effort to solve these challenges, the companies will integrate Concert's clinical criteria, coding standards, and Concert GTU(R) test identifier with Availity's End-to-End Authorization solution.

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