
Trek Health
Enables Mental Health providers to manage all Insurance workflows in a single online platform.
Date | Investors | Amount | Round |
---|---|---|---|
- | investor investor investor | €0.0 | round |
investor investor investor investor investor investor investor investor | €0.0 | round | |
* | $11.0m | Series A | |
Total Funding | 000k |
USD | 2022 |
---|---|
Revenues | 0000 |
EBITDA | 0000 |
Profit | 0000 |
EV | 0000 |
EV / revenue | 00.0x |
EV / EBITDA | 00.0x |
R&D budget | 0000 |
Source: Dealroom estimates
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TrekHealth.io is a health-tech startup that operates in the US healthcare market, providing administrative solutions for healthcare providers. The company's primary services include payer enrollment, claims automation, and instant payments, all aimed at reducing the administrative burden for healthcare providers.
TrekHealth.io helps healthcare providers get in-network across more than 900 US health plans in all 50 states, eliminating the often complicated and time-consuming process of payer enrollment. This service is particularly beneficial for providers looking to expand their reach and serve a broader range of patients.
The company also offers claims automation, a service that simplifies the complex process of mental health billing and coding. By automating claims submission, TrekHealth.io allows providers and their staff to focus more on patient care and less on administrative tasks.
Another key service offered by TrekHealth.io is instant payments. The company leverages its relationships with payers to ensure providers get reimbursed within 48 hours, eliminating the typical delays in payments from payers.
TrekHealth.io operates on a business-to-business (B2B) model, serving healthcare providers rather than individual patients. The company likely generates revenue by charging providers for its services, either on a subscription basis or per transaction.
In summary, TrekHealth.io is a health-tech startup that offers administrative solutions for healthcare providers, helping them to streamline their operations, reduce administrative burdens, and improve cash flow.
Keywords: Health-tech startup, Healthcare providers, Payer enrollment, Claims automation, Instant payments, Administrative solutions, US healthcare market, B2B model, Subscription revenue, Transaction-based revenue.