What is Collaborative Data?
Collaborative Data, Inc. specializes in the complex field of Medicare Bad Debt (MBD) reimbursement, offering healthcare providers a comprehensive solution for reconciling hospital deductibles and coinsurance. The company provides high-touch audit support, leveraging a proprietary MBD system designed to maximize reimbursements for previously written-off debts and current year eligible bad debts. Serving over 400 hospitals nationwide, Collaborative Data has established a reputation for accuracy and client success in a critical area of healthcare finance.
How much funding has Collaborative Data raised?
Collaborative Data has raised a total of $197K across 1 funding round:
Debt
$197K
Debt (2021): $197K with participation from PPP
What's next for Collaborative Data?
The substantial late-stage funding and recent strategic investment indicate Collaborative Data is poised for significant scaling and expansion. This capital infusion is likely to fuel further development of their proprietary MBD system, enhance their service offerings, and broaden their market reach across the United States. The company's focus on maximizing reimbursement for healthcare providers positions them for continued growth in an evolving healthcare landscape.
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