Bionexo, one of the leading companies in digital solutions for health process management, has just acquired a stake in Intuitive Care, a company focused on managing the revenue cycle of hospitals.
Conversations between the companies started about a year ago and Bionexo identified Intuitive Care as the best opportunity to have exposure to a segment complementary to its own, for a common niche of customers. "Our investment strategy is focused on finding critical and disruptive solutions for Brazilian hospitals, investing in companies that increase the delivery of value to our customers", explains Maurício De Lázzari Barbosa, founder and chairman of the Board of Directors of Bionexo.
Through Bionexo, Intuitive Care was presented and selected in the unprecedented World Bank's TechEmerge program, which aims to foster innovative technologies in the Brazilian health market.
Intuitive started its activity about two years ago after identifying a market opportunity to generate efficiency in the relationship between health institutions and their paying sources. This is an often bureaucratic, poorly standardized and inefficient process, which generates revenue losses and overwork for hospitals. The solution has already reconciled more than R$2 billion in payments to its customers, while simplifying processes and generating intelligence in operations. In a market with almost 6,000 hospitals, the goal is to win at least 300 over the next 5 years.
"It is with great satisfaction that we bring Intuitive Care to our ecosystem. When we know the quality of the solution and the profile of the founders, we had confidence in the investment potential. As partners, we will be able to contribute with strategic support and expand market access for boost Intuitive Care business ", says Rodrigo Borer, CEO of Bionexo.
Intuitive Care will use the investment's resources to accelerate its growth. The company's co-founder and CEO, Paulo Leite Pinto, assesses the gains that the partnership will bring to the company. "We are very excited about society. It will allow the evolution of our value proposition for customers, with new products and features, in addition to generating important synergies".
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