CHARLOTTE, N.C. & ATLANTA–(BUSINESS WIRE)–Frontier Basic (“Frontier”), a Charlotte-based advance disinterestedness close focused alone on software and tech-enabled business casework companies, today appear a cogent advance disinterestedness advance in Clearwave Corporation (“Clearwave” or the “Company”), a arch provider of agenda check-in, allowance eligibility, and accommodating payments solutions to bloom systems and physician practices.
Clearwave’s solutions are activated by an arrangement of healthcare organizations, including hospitals, bloom systems, over 30 specialties, burning care, family, and multi-specialty providers to advance operational efficiency. Clearwave accelerates and increases point-of-service collections, offers real-time allowance accommodation verification, reduces accommodating check-in times, and decidedly lessens abstracts errors thereby abbreviation claims rejections. By replacing the paper-based processes that patients commonly arrangement at a medical arrangement with Clearwave’s accommodating assimilation and software solutions, physicians are able to accommodate a bigger accommodating acquaintance and focus added absorption on confined their patients. Clearwave has accomplished absorbing advance and serves over 500 healthcare accessories civic while demonstrating best-in-class chump achievement ratings.
Frontier’s advance is advised to abutment Clearwave as it embarks on its abutting appearance of addition and advance in gluttonous to advance the chump experience, added technology innovation, aggrandize its sales and business operations, and extend its aptitude base. Clearwave’s abiding eyes is to become the arch provider of accommodating admission solutions including agenda check-in payments and real-time allowance accommodation verification.
“As an aboriginal innovator in agenda accommodating assimilation solutions, we accept our success is a absolute aftereffect of our focus actuality in alignment with our healthcare providers – accouterment the best accessible accommodating experience,” said Gerard White, Clearwave’s CEO. “We are at an agitative articulation point, and are captivated to assignment with the well-respected aggregation at Frontier, who acutely accept our area and the opportunities in advanced of us to aggrandize our offering, advance the accommodating experience, and strengthen our ballast as a baton in the space.”
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“We are aflame to accomplice with Gerard and the aggregation at Clearwave to added their position as an innovator in accommodating assurance and able accommodating assimilation solutions,” Frontier Accomplice Andrew Lindner said. “The action of blockage in at a healthcare provider charcoal a frustratingly bulky and aged action which will accordingly change in this era of consumer-focused healthcare. Clearwave is arch the industry in convalescent the all-embracing accommodating acquaintance while accelerating acquittal accumulating cycles and abbreviation claims denials. We attending advanced to alive calm with Clearwave to accomplish the action of accessing the healthcare arrangement a added automated and agreeable experience.”
Lindner and Frontier Vice President Tim Bechtold will accompany the Clearwave lath of directors. Frontier’s advance in Clearwave comes from the firm’s $700 actor Frontier Armamentarium V, which bankrupt in 2017.
Healthcare Advance Ally served as absolute banking adviser to Clearwave in affiliation with the investment.
Clearwave is headquartered in Atlanta, Georgia. The aggregation is the arch provider of accommodating admission solutions via, mobile, kiosk and desktop self-service solutions. Clearwave’s cloud-based software integrates with healthcare providers’ absolute systems and processes to verify accommodating demographics, allowance and acquittal advice consistent in bigger banknote breeze and authoritative processes while acceptable accommodating experiences. For added information, amuse appointment www.clearwaveinc.com.
Frontier Basic is a Charlotte-based advance disinterestedness close focused alone on software and technology-enabled business casework companies. Founded in 1999, Frontier ally with administration teams that can account from basic to advance growth, armamentarium acquisitions or accomplish actor liquidity. The close makes boyhood and majority disinterestedness investments in high-growth companies. For added information, amuse visit www.frontiercapital.com or chase Frontier on LinkedIn.
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