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Latest Web Capital News

Provider Web Capital Announces Company Rebrand and Platform Upgrade with Aquina Health

Nov 16, 2017

Aquina Health, formerly known as Provider Web Capital, is pleased to announce its new name and upgraded financial solution platform. The nation’s leading healthcare finance provider will now be referred to as “Aquina Health,” a modern change to embrace the industry’s evolving focus on a holistic approach to simplifying payments between payers, providers and patients. The new Aquina technology platform delivers the most comprehensive financial toolset in the healthcare industry, with a single mission in mind: enable providers to serve more patients and allow patients to receive the care they deserve. ( https://www.aquinahealth.com ). “This is not a simple name change,” says CEO Chris Stenglein. “The new Aquina brand is an extension of our vision as a healthcare financial technology pioneer. The Aquina upgrade is an extraordinary piece of work from our technology team. The design, fit and finish of our provider financial gateway delivers a unique, fresh and seamless experience across our entire product suite. This announcement is consistent with our corporate goals to continuously improve the provider and patient experience at point of care and deliver value to our strategic HIT partners across the entire healthcare ecosystem.” For nearly a decade, Aquina has assisted thousands of medical professionals nationwide in growing their businesses by providing capital, accelerating cash flow and delivering financial flexibility. Aquina’s full product suite will benefit from this upgrade, including patient finance product Curae Finance, patent pending claims reimbursement application Via (formerly known as Remit ATM) and working capital and growth accelerator tool Praxis (formerly known as Remit eXL). Together, these tools aim to deliver a seamless, integrated experience for providers, administrators and revenue cycle managers. “This is an exciting time in the history of our company,” noted Nick Johnson, VP Technology, Aquina Health. “The Aquina technology platform is a full-service desktop financial toolset, allowing providers the ability to take advantage of all the Aquina financial products in a single dashboard application.” Prior to the rebrand, Aquina launched a unique patient pay solution, Curae Finance. As a result, Aquina became the nation’s only company offering non-recourse financing to hospitals and individual practices, as well as helping the patients they serve be able to afford the care they need when they need it. Another innovation accompanying the rebrand is Aquina’s financial health tool, Intelligentsia, which enables small healthcare businesses to “check-up” on their own financial health. Medical practices connect their financial accounts to the free tool in order to receive a rating on which areas need improvement and then evaluate the services they need to expand their cash flow. About Aquina Health Aquina Health, (Healthcare. Payments. Evolved.) is the only technology company with healthcare payment solutions that are simple, trusted, and complete. We believe the revenue cycle model in healthcare is fundamentally broken and we exist to empower providers to serve more patients. Headquartered in Atlanta, Aquina works with clients across the United States. We have developed solutions to allow our customers the flexibility to accelerate payments and normalize cash flows with a simple, automated process. For more information about Aquina and its solutions, please visit http://www.aquinahealth.com . For the original version on PRWeb visit: http://www.prweb.com/releases/2017/11/prweb14921634.htm

Web Capital Investments

1 Investments

Web Capital has made 1 investments. Their latest investment was in Agnitio as part of their Other Investors on .

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Web Capital Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

Other Investors

Agnitio

Yes

Date

Round

Other Investors

Company

Agnitio

Amount

New?

Yes

Co-Investors

Sources

Web Capital Acquisitions

2 Acquisitions

Web Capital acquired 2 companies. Their latest acquisition was Web Capital Group on March 20, 2000.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

3/20/2000

$991

Acquired

3/7/2000

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$991

$99M

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10

Date

3/20/2000

3/7/2000

Investment Stage

Companies

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Valuation

$991

$991

Total Funding

$99M

Note

Acquired

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Sources

10

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