Companies · Other Health Care

Hospital Billing & Collection Service, Ltd.

NEW CASTLE · Other Health Care

Diligence memoA one-page analyst read on Hospital Billing & Collection Service, Ltd. — recommendation, valuation, rhythm, risks.→
$18.3M
Total raised · real
1
Rounds
—
Latest step-up
Top 18%
Sector rank · raised
Series B
Latest stage · inferred · Thu Oct 01 2009 00:00:00 GMT+0000 (Coordinated Universal Time)

Hospital Billing & Collection Service, Ltd. looks fair against its niche peers and is dormant on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the health care sector profile.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Fair
  • Modeled value is 0.86× the median modeled value of Series B Other Health Care companies in 2007–2009 (19 peers) — value vs value, same stage and era.
  • Within the normal band (86% of peer median) for its niche.
Dormant
  • Last raise 16.7 yr ago; this sector typically re-raises about every 14 months.
  • Only one round on record and long silent — often defunct, acquired, or gone quiet.
Leadership

No named principal in this company's public records yet — see all operators below.

Explore how these operators interlock with other companies in the operator network.

Where it sits in Other Health Care

Hospital Billing & Collection Service, Ltd. is one of 5377 Other Health Care companies tracked from NEW CASTLE. By capital raised it ranks in the upper tier (ahead of 83% of sector peers), and among the largest by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

As reported in public records reported — not modeled.

US
Jurisdiction
Amount raised vs valuation, by round

Solid bars are reported offering amounts reported; hatched bars are the modeled post-money valuation est. — both on one shared scale so you can read raise-vs-worth at each round directly. Use the toggles to overlay data labels and the niche-peer / market average value lines.

Amount raised · realModeled valuation · estCumulative funded · real
$0$125M$250M$375M$500MSeries B · 2009-10-01 Raised $18M (real) Modeled valuation $406M (est)$18M$406MSeries B2009

The line shows cumulative reported funding over the period; + labels show new capital added between points when there is room. Toggle on-bar figures, plus the niche-peer and market averages, to read this company against its cohort. Benchmarks are modeled medians.

Financing ladder & sequence gaps
Series B$18.3M · 2009

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Seed, Series A — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 25%.

Modeled valuation trajectory
$406.2M
Base estimate est.
$43.1M
Conservative case
$1.6B
Upside case
$101.9M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series B — a $15M–$40M round). Valuation is modeled from stage benchmarks scaled by the health care sector profile. Directional, not a quoted figure.

Not enough modeled valuation points to chart a trajectory.

Model inputs · modeled:benchmark-stage-stepup-v1
18%
Dilution assumption
Implied ownership sold in the financing.
64%
Survival probability
42% low · 78% high
1.36×/yr
Annual markup
1.64×/yr upside case
6.0 yr
Elapsed time used
16.8 yr actual, capped for stale marks
health care
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
—
Avg between rounds
—
Capital velocity
17.0 yr
On record since
2009
First round
1
Rounds on file
How it compares to the market

Benchmarked against 5377 companies in Other Health Care. Each bar is a median (the middle company, not an average — outliers don't skew it). Two yardsticks: real money raised (reported on Form D) and modeled value (our estimate est.). These are whole-sector medians across all stages, except the per-stage row.

Total raised — vs sector median (real $, all stages)▲ 7.5× above median
This company$18.3M
Sector median$2.4M
Latest round — vs other Series B rounds in sector (real $, this stage)▲ 1.0× above median
This company$18.3M
Sector median$17.8M
Modeled value — vs sector median (estimate, all stages)▲ 18× above median
This company$406.2M
Sector median$22.1M

Raised more than 83% of sector peers (real $). Modeled value above 92% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series B) that last raised in the same ~3-year era, ranked by modeled value est. (not money raised). This is the exact set the analyst read compares against, so a like-for-like cohort is what makes "over/under-valued" meaningful. This company ranks #15 of 19.

This companyCohort peer
$100.0M$1.0B$10.0M$100.0MCapital raised (log)Medical Imaging Holdings, Inc. · Series B Raised $39.9M · modeled $885.1M (est)ev3 Inc. · Series B Raised $34.6M · modeled $767.6M (est)Avalign Technologies Holdings, Inc. · Series B Raised $31.4M · modeled $694.5M (est)GEMCare Mercy Memorial Health System LLC · Series B Raised $29.0M · modeled $642.5M (est)Metagenics, Inc. · Series B Raised $28.1M · modeled $622.5M (est)Satiety Inc · Series B Raised $34.3M · modeled $559.9M (est)IZI Medical Products LLC · Series B Raised $22.7M · modeled $502.6M (est)Payformance Holding Corp · Series B Raised $22.3M · modeled $493.1M (est)Candescent Healing LLC · Series B Raised $21.5M · modeled $476.6M (est)Walnut Hill Physicians' Hospital, LLC · Series B Raised $21.3M · modeled $472.9M (est)Interlace Medical Inc · Series B Raised $20.5M · modeled $454.2M (est)Sleep Solutions Inc · Series B Raised $20.0M · modeled $443.1M (est)Hospital Billing & Collection Service, Ltd. (this company) Raised $18.3M · modeled $406.2M (est)Hospital Billing & Collection Service, Ltd.
CompanyStageRaised · realValue · estvs peer med.
Medical Imaging Holdings, Inc.Series B$39.9M$885.1M1.87×
ev3 Inc.Series B$34.6M$767.6M1.62×
Avalign Technologies Holdings, Inc.Series B$31.4M$694.5M1.47×
GEMCare Mercy Memorial Health System LLCSeries B$29.0M$642.5M1.36×
Metagenics, Inc.Series B$28.1M$622.5M1.32×
Satiety IncSeries B$34.3M$559.9M1.18×
IZI Medical Products LLCSeries B$22.7M$502.6M1.06×
Payformance Holding CorpSeries B$22.3M$493.1M1.04×
Candescent Healing LLCSeries B$21.5M$476.6M1.01×
Walnut Hill Physicians' Hospital, LLCSeries B$21.3M$472.9M1.00×
Interlace Medical IncSeries B$20.5M$454.2M0.96×
Sleep Solutions IncSeries B$20.0M$443.1M0.94×
Hospital Billing & Collection Service, Ltd. this companySeries B$18.3M$406.2M0.86×
Full financing history

Stage is inferred from round size est., not reported on the filing — a round's dollar size maps to a bucket: Pre-Seed <$1.0M · Seed $1.0M–$4.0M · Series A $4.0M–$15M · Series B $15M–$40M · Series C $40M–$100M · Series D+ $100M–$400M · Growth/Late >$400M.

StageAmount · realAnnouncedPost-money · estValue · estConf.
Series B$18.3M2009-10-01$101.9M$406.2M90%
What happened at each round

Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.

  1. Series B$18.3M2009-10-01
    • First recorded raise — entered as Series B.
Intelligence
—
Modeled next raise
$29.3M
Modeled next size est.range $19.1M–$46.9M
—
Last step-up
—
Capital velocity

Predictive signals are modeled est. from this company's own cadence and step-up, plus sector benchmarks — directional, not advice. Peer set and a CSV export live in your analyst workspace.

Key people & operators

Officers, directors and promoters named in this company's public recordsreported — the people who run it (not its investors). "Also runs" counts come from name-matching across all records, so verify before acting.

PersonRoleAlso runsTied since
Blaine J O'Connell——2009-10
Brian J Wasilewski——2009-10
Douglas S Peters——2009-10
Francis John Byrnes——2009-10
Geoffery B Shields——2009-10
Joanne M Courtney——2009-10
Kathleen J Maher——2009-10
Kevin R Haggerty——2009-10
Maureen E DiEleuterio——2009-10
Michael T Manning——2009-10
Robert Jr. C Cole——2009-10
Robert V Siensa——2009-10
Stanley F Hupfeld——2009-10
Teri C Grayson-Fontenot——2009-10
Thomas J Lazear——2009-10
Victoria E Ostrow——2009-10
William D McGuire——2009-10
Registry & provenance

Hospital Billing & Collection Service, Ltd. is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.

United States
Country of record
US
Jurisdiction
1474373
SEC CIK
Similar companies

Nearest neighbours across the whole database — matched on sector, stage and capital scale, and on shared operators (officers or directors named at both companies in public filings). A discovery shortlist, not a valuation cohort — verify before acting, the same way modeled figures are directional.

CompanySectorStageRaised · realValue · estWhy similar
Fresenius Medical Care CNA Kidney Centers, LLCOther Health CareSeries B$18.3M$406.5Msame sector · same stage
USRC Partner Holdings, L.P.Other Health CareSeries B$18.3M$356.5Msame sector · same stage
Olympus Topco, Inc.Other Health CareSeries B$18.3M$404.3Msame sector · same stage
Fresenius Medical Care Fort Wayne, LLCOther Health CareSeries B$18.2M$402.6Msame sector · same stage
Springtide Child Development, Inc.Other Health CareSeries B$18.1M$364.3Msame sector · same stage
ConsejoSano, Inc.Other Health CareSeries B$18.1M$335.7Msame sector · same stage
Ascension Orthopedics, Inc.Other Health CareSeries B$18.7M$413.5Msame sector · same stage
Perfect IP, LLCOther Health CareSeries B$18.0M$398.9Msame sector · same stage
Frequently asked
How much funding has Hospital Billing & Collection Service, Ltd. raised?
Hospital Billing & Collection Service, Ltd. has raised approximately $18.3M in disclosed capital across 1 recorded financing round, aggregated from public filings.
What is Hospital Billing & Collection Service, Ltd.'s estimated valuation?
Provath's modeled valuation for Hospital Billing & Collection Service, Ltd. is approximately $406.2M (modeled range $43.1M–$1.6B). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Hospital Billing & Collection Service, Ltd. at?
Hospital Billing & Collection Service, Ltd.'s latest modeled financing stage is Series B. Its most recent recorded round closed around Thu Oct 01.
What does Hospital Billing & Collection Service, Ltd. do and where is it based?
Hospital Billing & Collection Service, Ltd. operates in the Other Health Care sector, based in NEW CASTLE.
Explore related

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