Candid Group dba Candid Health has filed a notice of an exempt offering of securities to raise $120 Million in New Funding.
According to filings with the U.S. Securities and Exchange Commission, Candid Group dba Candid Health is raising up to $120 Million in new funding. The federal securities law requires the notice to be filed by companies that have sold securities without registration under the Securities Act of 1933 in an offering made under Rule 504 or 506 of Regulation D or Section 4(a)(5) of the Securities Act. A company must file this notice within 15 days after the first sale of securities in the offering. For this purpose, the date of first sale is the date on which the first investor is irrevocably contractually committed to invest. Each issuer of securities that sells its securities in reliance on an exemption provided in Regulation D or Section 4(a)(5) of the Securities Act of 1933 must file this notice containing the information requested with the U.S. Securities and Exchange Commission (SEC) and with the state(s) requiring it. If more than one issuer has sold its securities in the same transaction, all issuers should be identified in this filing with the SEC.
About Candid Group dba Candid Health
Candid Health is on a mission to rebuild the financial infrastructure of American healthcare, allowing providers to focus on delivering quality care. Trusted by more than 200 leading healthcare organizations, Candids RCM automation and AI platform leverages advanced automation to decrease the cost to collect and increase net collection rates. Candid Health is an AI-first revenue cycle management platform built for enterprise healthcare providers. The platform unifies clinical, billing, and provider data into a single model giving its automation engine the full context it needs to work. A configurable rules engine and AI agents handle the work that billing teams used to do manually. Every remaining manual touch is tracked, so teams can continuously find and eliminate repetitive tasks. The company has offices in San Francisco, New York, and Denver.
To learn more, visit https://candidhealth.com/
LinkedIn: https://www.linkedin.com/company/candid-health/
Contact:
Nick Perry, Chief Executive Officer
SOURCE: http://www.intelligence360.io
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