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Industries
Healthcare
Company Size
501-1,000
Company Stage
Debt Financing
Total Funding
$325M
Headquarters
Carmel, Indiana
Founded
1998
Zotec Partners focuses on Revenue Cycle Management (RCM) for the healthcare industry, helping providers manage billing and payment collection. They simplify complex healthcare financial processes, allowing clients like medical practices and hospitals to optimize revenue and reduce costs. The company combines expert personnel, efficient processes, and technology while adhering to strict data compliance standards. Their goal is to enhance the financial operations of healthcare providers through effective RCM solutions.
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Total Funding
$325M
Above
Industry Average
Funded Over
0 Rounds
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.
Thomson most recently served as senior vice president of practice management for Zotec Partners.
CARMEL, Ind., Nov. 1, 2023 /PRNewswire/ -- Zotec Partners (Zotec), a company leading the way to improve the business of healthcare, announced the successful completion of its first-lien term loan
CARMEL, Ind., Nov. 1, 2023 /PRNewswire/ -- Zotec Partners (Zotec), a company leading the way to improve the business of healthcare, announced the successful completion of its first-lien term loan B refinancing. Following a thorough vetting process with lead arranger Goldman Sachs, the company is replacing its existing public facility with a new five-year term loan maturing in 2028 with Francisco Partners, a leading global investment firm specializing in partnering with technology businesses."We are extremely pleased to complete our refinancing with an established team like Francisco Partners. As we continue to transform revenue cycle management (RCM), gaining financial flexibility is key," said T. Scott Law, founder and CEO of Zotec Partners. "We entered this market 25 years ago and fortified our status as an industry leader because of our incredible people, innovative processes, and cutting-edge technology
Some lenders to Zotec Partners LLC are working with law firm Milbank as loan maturities quickly approach for the medical billing company, according to people familiar with the situation.
In 2019, Zotec Partners launched PAYperless with an aim to help patients make payments online and notify them regularly about their medical spending, appointments and authentication of their information.
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Industries
Healthcare
Company Size
501-1,000
Company Stage
Debt Financing
Total Funding
$325M
Headquarters
Carmel, Indiana
Founded
1998
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