Kovo HealthTech launches next generation OneRev billing-as-a-service platform
The OneRev technology platform streamlines the complex process of US healthcare billing for clinics, hospitals and physicians
Company
CVE:KOVO
Kovo HealthTech Corporation is a growing healthcare technology company that specializes in Billing-as-a-Service offering SaaS-style recurring revenue contracts and software for more than 1700 US healthcare providers. Kovo helps healthcare providers digitally track and manage complex patient care registration, services, billing and payments in a seamless way, using its proprietary OneRev technology platform. Currently, through its clients, Kovo processes billing transactions for more than 3.5 million patients. By offering effective billing practices and technology through long-term SaaS-style contracts, Kovo helps healthcare practitioners get paid so they can focus on offering quality care.
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The OneRev technology platform streamlines the complex process of US healthcare billing for clinics, hospitals and physicians
"Joining forces with HybridChart is another way we're bridging the gap between providers and their billers, with data flowing strategically in real time," Kovo CEO Greg Noble said
CEO Greg Noble said the company's revenues have grown steadily and predictably throughout the COVID-19 pandemic, illustrating the long-term stability of the global BAAS healthcare industry, which is anticipated to reach $250 billion by 2028
The company anticipates pro forma revenues of C$15 million with adjusted EBITDA expected to be in the range of 10%