Zotec Partners

Zotec Partners

Revenue cycle management for healthcare providers

About

Zotec Partners specializes in Revenue Cycle Management (RCM) for the healthcare industry, assisting healthcare providers with the financial aspects of patient care, including billing and payment collection. Their services simplify the complex processes involved in healthcare billing and insurance, allowing clients to optimize revenue and reduce operating costs. They cater to a range of clients, such as medical practices and hospitals, primarily within the United States. Zotec Partners combines a skilled team, efficient processes, and technology to enhance the financial experiences of their clients while ensuring compliance with strict data management standards. Their business model typically involves charging fees based on transaction volume or a percentage of collected revenue, ultimately aiming to improve both the financial outcomes for healthcare providers and the overall patient experience.

Company Stage

Debt Financing

Employees

501-1,000

Industries

Healthcare

Total Funding

$325M

Headquarters

Carmel, Indiana

Founded

1998


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Simplify's Take

What believers are saying

  • Telehealth integration increases demand for Zotec's billing solutions.
  • AI in RCM enhances Zotec's service efficiency and accuracy.
  • Growing focus on patient financial experience aligns with Zotec's PAYperless initiative.

What critics are saying

  • Emerging RCM startups could erode Zotec's market share.
  • Value-based care models may increase operational complexity for Zotec.
  • Regulatory changes could necessitate costly updates to Zotec's systems.

What makes Zotec Partners unique

  • Zotec Partners specializes in Revenue Cycle Management for the healthcare industry.
  • The company combines people, processes, and technology for optimized financial experiences.
  • Zotec's services are fully compliant with SOC 1 and SOC 2 standards.

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Benefits

Health - Employee health is important to us. That’s why we provide a wide array of affordable health benefits for our employees and their families. In fact, we haven’t raised our employees’ premiums in over a decade.

401(k) - We want to ensure financial comfort for people long after they retire from Zotec. That’s why we help them save for the future by offering a 401k plan with a generous employer match.

Wellness - We give our employees the opportunity to take part in wellness programs, financial health education, and a 24/7 Employee Assistance Program that provides free, confidential resources on family matters, financial planning, and legal situations.

Community - Giving back makes our communities better for everyone. Through the Zotec Effect program, our employees are granted Volunteer Time Off to partake in volunteer opportunities and will receive an employer match on their charitable giving. We also provide each employee with giving dollars to help them get started.

Work and Life - We recognize that people have a life outside of work and that time with loved ones is essential. With PTO, paid holidays, and some remote work opportunities, we make it easy to live a balanced life.

We believe in a growth mindset and we encourage that for each and every employee. Zotec provides financial education assistance as well as learning and development opportunities.

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