Paratus
Business Services · California, United States · 51-200 Employees
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Overview
Headquarters
3060 Saturn St Ste 202, Brea, California...Phone Number
(855) 760-3304Website
www.paratusllc.orgRevenue
$5.4 MillionIndustry
ZI Rank: 1
Signal Type
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ZI Rank
2
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About Paratus
Paratus LLC specializes in increasing recoveries from First and Third Party Liabilities (TPL) while ensuring compliance with CMS regulations. Their proprietary software and experienced team streamline TPL workflows, resulting in significantly higher net patient revenue for hospitals. Paratus serves healthcare providers, offering a more efficient alternative to traditional legal firms and overburdened staff. With proven performance metrics, they have processed $4 billion and achieved recovery lifts of 1.5 to 3 times compared to existing solutions.Explore more
Paratus Org Chart
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Activity Insights
Paratus is experiencing very low activity levels compared to other companies in the Business Services sector.
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Paratus Tech Stack
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Paratus News & Media
Paratus Energy Services Ltd - Update Regarding SeaMex Group
Hamilton, Bermuda, September 1, 2022 – Paratus Energy Services Ltd (“Paratus”) announces today that its wholly owned subsidiary SeaMex Holdings Ltd (“SeaMex”) and its subsidiaries (“SeaMex Group”) has elected an incremental early repurchase of the SeaMex Finance Ltd 12% Senior Secured Notes Due August 2024 (the “Notes”). On August 31, 2022, $25.0 million aggregate principal amount of the Notes (the “Repurchased Notes”) were repurchased for an aggregate cash repurchase price of approximately $28.Paratus Energy Services Ltd Announces Trading Update for First Quarter 2022 and Other Updates
Hamilton, Bermuda, July 29, 2022 - Paratus Energy Services Ltd. (“Paratus” or the “Company”) today announced a trading update for the first quarter 2022 and updates on Paratus, its subsidiaries, and associated companies (“Paratus Group”). 1. Key Financial Highlights 1.1 Paratus In the first quarter ending March 31, 2022, Paratus generated $54 million in revenue and $29 million in EBITDA[1]. As a result of the pre-packaged Chapter 11 restructuring on January 20, 2022, comparisons of
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Paratus LLC specializes in increasing recoveries from First and Third Party Liabilities (TPL) while ensuring compliance with CMS regulations. Their proprietary software and experienced team streamline TPL workflows, resulting in significantly higher net patient revenue for hospitals. Paratus serves healthcare providers, offering a more efficient al... Read More
