# Change Healthcare Performance

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/change-healthcare-performance

- Industry: Software
- Headquarters: Alpharetta, US
- Website: www.changehealthcare.com
- Total disclosed funding: $25M
- Latest round: Series D (Aug 13, 2013)
- Investors on record: 7

## About

Change Healthcare Performance, Inc. specializes in healthcare technology solutions, enhancing operational efficiency for various healthcare stakeholders, including payers and providers, through innovative analytics and service integration.Change Healthcare Performance, Inc. operates in the healthcare technology sector, focusing on streamlining healthcare delivery systems. Founded in 2006 and headquartered in Alpharetta, US, the company was acquired in December 2014 by Change Healthcare Holdings, Inc. from various venture partners for USD 135 mn. The CEO is Neil de Crescenzo, who brings significant expertise in healthcare innovation and management.Change Healthcare Performance, Inc. provides a comprehensive range of healthcare solutions that include advanced analytics, pharmacy benefit management, and behavioral health services. These offerings support a vast client base, comprising 130,000 physicians and 90% of U.S. hospitals, to improve healthcare outcomes and manage costs effectively across markets in the United States, the United Kingdom, and several countries in Asia-Pacific and Latin America.In the most recent year reported, 2013, Change Healthcare Performance, Inc. generated revenue of USD 1.20 bn. Revenue is primarily derived from B2B partnerships and service agreements, with flagship products operating on subscription or fee-for-service models to cater to the diverse needs of clients.Change Healthcare Performance, Inc. aims to leverage its recent acquisition to enhance its service offerings and expand into new geographic regions. The company is focused on launching innovative products designed to improve healthcare delivery and management in 2025. Recent funding will support these initiatives, particularly the integration of advanced analytics and digital health solutions, following the acquisition completed in December 2014.

## Funding rounds

- Series D, Aug 13, 2013, $15M — Noro-Moseley Partners, HLM Venture Partners, Mitsui Global Investment, BlueCross BlueShield Venture Partners, Sandbox Industries, West Health Investment Fund, Solidus Company
- Series C, Jan 17, 2012, $9.3M — Mitsui Global Investment, BlueCross BlueShield Venture Partners, Sandbox Industries, West Health Investment Fund, Solidus Company
- Series A, Sep 1, 2007, $1M — Solidus Company

## Investors

- Solidus Company (https://capitalatlas.ai/funds/solidus-company) — Series A, Series C, Series D
- Mitsui Global Investment (https://capitalatlas.ai/funds/mitsui-global-investment) — Series C, Series D
- BlueCross BlueShield Venture Partners (https://capitalatlas.ai/funds/bluecross-blueshield-venture-partners) — Series C, Series D
- Sandbox Industries (https://capitalatlas.ai/funds/sandbox-industries) — Series C, Series D
- West Health Investment Fund — Series C, Series D
- Noro-Moseley Partners (https://capitalatlas.ai/funds/noro-moseley-partners) — Series D
- HLM Venture Partners (https://capitalatlas.ai/funds/hlm-venture-partners) — Series D