deNovis

Powering healthcare administration with innovative solutions for streamlined efficiency and superior customer service.

General Information
Company Name
deNovis
Founded Year
1999
Location (Offices)
Founders / Decision Makers
Number of Employees
-
Industries
E-Commerce, Enterprise Software, Financial Services +2
Funding Stage
Series C
Social Media

deNovis - Company Profile

deNovis is a leading provider of transaction processing and information management solutions tailored for the health insurance and health care benefits administration industry. The company's flagship software, eHD™, serves as the central administrative platform for health plans, catering to the needs of commercial, Medicare, and Medicaid healthcare benefits administrators. Notably, deNovis's HICL™ technology allows for the programming of complex healthcare transaction systems using English language commands and actual health plan policies and business rules. The company's clientele comprises major commercial insurers and the U.S. Department of Health and Human Services, which is the largest healthcare purchaser nationwide, providing benefits to nearly 80 million Americans. deNovis has strategic alliances with IBM Corporation and Deloitte Consulting, enhancing its industry influence and reach. Founded in 1999, deNovis received a significant $22.00M Series C investment on January 12, 2004, with participation from several prominent investors including Pelion Venture Partners, 3i Group, Advanced Technology Ventures, Audax Group, and Psilos Group. The company's solutions can be installed on-site at customer locations or offered through outsourced or remote-hosted services. Based in Lexington, Massachusetts, deNovis continues to drive innovation in healthcare administration, focusing on efficiency and customer service within the industry.

Taxonomy: Healthcare Administration, Health Insurance, Healthcare Benefits, Claims Processing, Transaction Processing, Information Management Solutions, eHD Software, HICL Technology, Commercial Insurers, Medicare, Medicaid, Strategic Alliances, Outsourced Services, Remote-Hosted Solutions

Funding Rounds & Investors of deNovis (3)

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Funding Stage Amount No. Investors Investors Date
Series C $22.00M 5 12 Jan 2004
Series B $43.80M 5 16 Oct 2001
Series A $32.00M - 25 Sep 2000

Latest News of deNovis

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No recent news or press coverage available for deNovis.

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