About RealRev

RealRev is a financial planning and analysis platform that automates data collection, cleansing, and reporting for healthcare practices, creating a single source of truth for revenue insights. By consolidating disparate systems, it enhances the accuracy and timeliness of financial metrics, enabling healthcare organizations to make informed decisions and improve revenue growth.

```xml <problem> Healthcare practices face challenges in collecting, cleansing, and reporting revenue data due to outdated manual processes and disjointed systems. This leads to inaccurate and delayed financial insights, hindering informed decision-making and revenue growth. The complexity of healthcare revenue and accounts receivable metrics exacerbates these issues. </problem> <solution> RealRev is a financial planning and analysis (FP&A) platform designed to automate data collection, cleansing, and reporting for healthcare practices, creating a unified source of truth for revenue intelligence. By consolidating data from disparate EMRs, accounting systems, and other entities, RealRev enhances the accuracy and timeliness of financial metrics. This enables healthcare organizations to gain clear, detailed insights into their revenue cycle, make better strategic decisions, and take targeted actions to improve financial performance. </solution> <features> - Automated data collection from various healthcare systems (EMRs, accounting software, etc.) - Data cleansing and validation to ensure accuracy and consistency - Real-time financial reporting and analytics - Customizable dashboards for monitoring key performance indicators (KPIs) - Detailed revenue and accounts receivable metrics - Identification of trends and anomalies in financial data - Designed specifically for the complexities of healthcare revenue recognition </features> <target_audience> RealRev primarily targets healthcare practices, including medical groups, clinics, and hospitals, seeking to improve their financial reporting and revenue cycle management. </target_audience> ```

What does RealRev do?

Where is RealRev located?

RealRev is based in Seattle, United States.

When was RealRev founded?

RealRev was founded in 2022.

Location

Seattle, United States

Founded

2022

Employees

4 employees

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RealRev

Score: 55/100

AI-Generated Company Overview (experimental) – could contain errors

Executive Summary

realrev.com 1K+

Founded 2022 – Seattle, United States

Funding

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Team (<5)

Alex Buell

CTO

Company Description

Problem

Healthcare practices face challenges in collecting, cleansing, and reporting revenue data due to outdated manual processes and disjointed systems. This leads to inaccurate and delayed financial insights, hindering informed decision-making and revenue growth. The complexity of healthcare revenue and accounts receivable metrics exacerbates these issues.

Solution

RealRev is a financial planning and analysis (FP&A) platform designed to automate data collection, cleansing, and reporting for healthcare practices, creating a unified source of truth for revenue intelligence. By consolidating data from disparate EMRs, accounting systems, and other entities, RealRev enhances the accuracy and timeliness of financial metrics. This enables healthcare organizations to gain clear, detailed insights into their revenue cycle, make better strategic decisions, and take targeted actions to improve financial performance.

Features

Automated data collection from various healthcare systems (EMRs, accounting software, etc.)

Data cleansing and validation to ensure accuracy and consistency

Real-time financial reporting and analytics

Customizable dashboards for monitoring key performance indicators (KPIs)

Detailed revenue and accounts receivable metrics

Identification of trends and anomalies in financial data

Designed specifically for the complexities of healthcare revenue recognition

Target Audience

RealRev primarily targets healthcare practices, including medical groups, clinics, and hospitals, seeking to improve their financial reporting and revenue cycle management.