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Athelas + Commure: Merging to Create a $6B Healthcare Infrastructure Company
Healthcare IT Today October 23, 2023
Press release written by Tanay Tandon, CEO at Athelas
We are beyond excited to share that Athelas and Commure – a leading provider of enterprise healthcare software – are merging, and I am taking over the combined entity as CEO, Deepika Bodapati as COO, and Dhruv Parthasarathy as CTO. We’re also raising fresh capital from General Catalyst, valuing the combined entity at $6B.
In the past few years, Athelas RCM and RPM have grown rapidly to thousands of healthcare providers and hundreds of thousands of patients. We process hundreds of millions of dollars in healthcare claims and power critical workflows for small practices and hospitals alike.
Commure has built a fast-growing enterprise software business, serving the likes of HCA Healthcare,...
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