How Much Did Crossroads Billing Services Raise?
Funding & Key Investors

Crossroads Billing Services has secured $117K in total capital, with its most recent financing round bringing in $117K in a major strategic investment. This latest infusion of capital underscores the company's established position in the healthcare revenue cycle management sector.

What is Crossroads Billing Services?

Crossroads Billing Services
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Crossroads Billing Services, headquartered in Newburgh, New York, is a seasoned provider of professional billing and revenue recovery solutions tailored for healthcare organizations across the Hudson Valley region and beyond. Boasting over 25 years of operational experience, the company has cultivated a robust reputation for its efficacy in maximizing reimbursements and ensuring consistent revenue streams for its clientele. Their operational model emphasizes personalized service and professional outcomes, notably eschewing offshore billing operations. The firm serves a diverse array of healthcare sectors, including ambulance services, chiropractic practices, and behavioral health providers, demonstrating a broad applicability of their specialized services.

How much funding has Crossroads Billing Services raised?

Crossroads Billing Services has raised a total of $117K across 1 funding round:

2021

Debt

$117K

Debt (2021): $117K with participation from PPP

What's next for Crossroads Billing Services?

The substantial backing, contextualized by a large-scale late-stage funding environment, suggests Crossroads Billing Services is poised for significant expansion and operational enhancement. This strategic investment is likely to fuel initiatives aimed at broadening their service reach, potentially through technological advancements in their billing platforms or by expanding their client acquisition efforts into new geographic territories or healthcare verticals. The company's focus on maintaining high standards of client service and revenue optimization, coupled with its deep industry experience, positions it favorably for continued growth and market leadership in the competitive healthcare revenue cycle management landscape.

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Frequently Asked Questions Regarding Crossroads Billing Services Financial Insights

What are the most recent funding rounds that Crossroads Billing Services has completed, and what were the funding rounds?
Crossroads Billing Services has recently completed 1 funding rounds: Debt on Jan 30, 2021.
What is the total amount of funding Crossroads Billing Services has raised to date?
Crossroads Billing Services has raised a total of $117K in funding to date.
How many funding rounds has Crossroads Billing Services completed?
Crossroads Billing Services has completed 1 funding rounds.
How much funding did Crossroads Billing Services raise in its most recent funding round?
Crossroads Billing Services raised $117K in its most recent funding round.
Who are the lead investors in Crossroads Billing Services's latest funding round?
The lead investor in Crossroads Billing Services's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Crossroads Billing Services's history?
The largest funding round in Crossroads Billing Services's history was $117K.
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