Annexus Health

What Annexus Health does

Annexus Health is a private US healthcare technology company, founded in 2017 and headquartered in Cranberry Township, Pennsylvania, that builds software and services to reduce the financial and administrative burden of patient assistance for specialty therapies. The company operates a three-product portfolio: AssistPoint, a cloud-based platform used by 165+ healthcare organizations across 4,200+ sites of care to search across 10,000+ assistance programs, enroll patients, and track award fulfillment; Adparo, a tech-enabled services arm launched in 2021 that supplies expert staff operating on AssistPoint on behalf of providers; and AP Connect, launched in 2023, a two-way digital integration layer that links life science company patient support programs (55+ therapies, including 5 of the top 10 US oncology pharma companies) into the AssistPoint workflow.

The underlying technology integrates with practice management systems, EHRs, pharmacy management systems, and billing software, automates form prepopulation and re-enrollment, and surfaces real-time fund status alerts within 5 minutes. Coverage spans 14+ disease states including oncology, cardiology, dermatology, gastroenterology, neurology, pulmonology, and rheumatology, and the platform is supported by AP Analytics (35+ on-demand reports).

Annexus monetizes through two revenue streams: an annual subscription for the AssistPoint software (custom-priced by organization size and needs) and a percentage-of-collections fee for Adparo services under multi-year contracts. It sells via a direct enterprise field sales motion concentrated in the United States, supplemented by presence at healthcare industry conferences (NHIA, Asembia, COA, ASCO, NICA). The company has raised $43 million in venture capital to date (a $10 million Series A in 2020 and a $33 million Series B in August 2022 led by Transformation Capital) and is led by co-founders Brad Frazier (CEO) and Joe Baffone (Strategic Advisor) alongside a full C-suite.

Name

Annexus Health

Legal name

Annexus Health, Inc.

Website

https://annexushealth.com

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

101–250 employees

Short description

Annexus Health provides a cloud-based software platform (AssistPoint) plus tech-enabled services (Adparo) that help 165+ US healthcare organizations identify, enroll, and track patient financial assistance across 10,000+ programs and 14+ disease states, and links life science patient support programs into provider workflows via AP Connect.

Ownership category

akta.pro rank

Product category

Healthcare Financial Assistance Software

NAICS

Health Care and Social Assistance (62), Ambulatory Health Care Services (621)

SIC

Services-Prepackaged Software (7372), Services-Health Services (8000)

akta.pro primary industry

Payer-Provider Data Exchange (X12, prior auth, claims/clinical attachment) (HLACABAK)

akta.pro secondary industries

EHR Extensions, APIs, App Marketplaces & SMART-on-FHIR Apps (HLACAAAN), Adherence, Reminders & Engagement Automation (Medication/Follow-up) (HLACAEAJ)

Keywords

• Patient financial assistance
• Healthcare access software
• Patient assistance management
• Healthcare revenue cycle
• Specialty pharmacy software

Headquarters

HQ city

Sewickley

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure, Others

Revenue model

1. AssistPoint Software Platform (Subscription): Subscription-based software platform licensed to healthcare organizations. Pricing is customized based on organization size and needs. Provides access to financial assistance management tools, digital integrations, analytics, and support services.
2. Adparo Services (Percentage of Collections): Tech-enabled service billed as a percentage of collections. Provides trained staff to manage patient assistance on behalf of healthcare organizations, proactively assessing every patient for financial assistance.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels9 records

Core offering

Annexus Health provides a software platform (AssistPoint) and tech-enabled services (Adparo) that help healthcare provider organizations identify, enroll, and manage patients in financial assistance programs. The platform searches 10,000+ assistance programs across 14+ disease states, integrates with practice management systems, EHRs, and pharmacy systems, and digitally connects with life science company patient support programs via AP Connect to streamline enrollment and award fulfillment.

Product overview

Annexus Health offers a platform-plus-services portfolio consisting of three core solutions. AssistPoint® is the primary software platform for healthcare organizations to manage patient financial assistance workflows, including search, enrollment, tracking, and analytics. Adparo® is the tech-enabled service that provides expert staff support for healthcare organizations that need additional human resources to manage patient assistance. AP Connect® is the integration module that creates digital connectivity between life science company patient support programs and the AssistPoint platform. Together, these solutions address financial and administrative burdens across the patient access journey, spanning oncology, pulmonology, gastroenterology, cardiology, neurology, rheumatology, dermatology, nephrology, and other disease states.

Differentiator

Problem solved

Functional benefit

Brands

• AssistPoint: Comprehensive software platform that accelerates the management of financial assistance and access services for healthcare organizations, helping patients get the care they need by proactively identifying available resources, streamlining enrollment, and facilitating the management of assistance.
• Adparo
• AP Connect
• AP Analytics

Products and services

• AssistPoint AssistPoint is a comprehensive software platform that accelerates the management of financial assistance and access services for healthcare organizations. It helps patients get the care they need by proactively identifying available resources, streamlining enrollment, and facilitating the management of assistance across 10,000+ programs covering 14+ disease states.
• Adparo Adparo is a tech-enabled service that assists healthcare organizations in managing patient assistance by proactively assessing every patient for financial assistance using the AssistPoint platform, with expert staff handling end-to-end claim management and resource optimization. Billed as a percentage of collections.
• AP Connect AP Connect is a technology-driven solution that digitally integrates patient support programs with AssistPoint, creating a two-way, secure information exchange that accelerates application, enrollment, and fulfillment processes for life science companies and healthcare providers.

Quantifiable outcome

• Over $9 billion in patient financial assistance awards secured since 2018
• +4 more outcomes

Named customers4 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration5 records

AI capability2 records

Feature9 records

Partnerships

Nine partnerships are on record, tiered core and minor.

• ImmunityBiocoreTechnology or Integration · 1 August 2025Biotechnology company developing next-generation therapies and vaccines. CARE program for ANKTIVA (nogapendekin alfa inbakicept-plmn) digitally integrated with AssistPoint.
• AstraZenecacoreTechnology or Integration · 15 January 2025Global, science-led biopharmaceutical company. Access 360 co-pay program digitally integrated with AssistPoint. Operates in over 125 countries with focus on Oncology, Rare Diseases, BioPharmaceuticals.
• Regeneron PharmaceuticalscoreTechnology or Integration · 29 August 2024Collaborated with Regeneron to make LIBTAYO (cemiplimab-rwlc) Patient Support Program, LIBTAYO Surround, available to healthcare providers directly within AssistPoint.
• GenmabcoreTechnology or Integration · 8 April 2024International biotechnology company. MyNavCare Patient Support program digitally integrated with AssistPoint.
• WeInfusecoreTechnology or Integration · 28 November 2023Strategic partnership with premier technology and consulting provider for infusion therapy. AssistPoint platform integrated with WeInfuse infusion management systems, streamlining patient financial assistance enrollment process.
• National Infusion Center Association (NICA)coreStrategic or Co-development Partner · 12 October 2023Strategic partnership focused on improving access and affordability of infusion therapy for patients. Annexus Health serves as NICA Contributing Partner and Lookout Conference Sponsor. Partnership helps infusion providers improve access for their patients by addressing operational challenges and financial barriers. Renewed into 2025.
• GSKcoreTechnology or IntegrationLife science company with JEMPERLI (dostarlimab-gxly) and BLENREP (belantamab mafodotin-blmf) patient support programs digitally integrated with AssistPoint via 'Together with GSK' program.
• National Community Oncology Dispensing Association (NCODA)minorStrategic or Co-development PartnerCollaboration on survey of healthcare organization staff to understand challenges and solutions in managing patient financial assistance.
• Healthcare Advocate SummitminorStrategic or Co-development PartnerCollaboration on survey of healthcare organization staff to understand challenges and solutions in managing patient financial assistance.

Scale indicators10 records

Recent moves8 records

Expansion highlights6 records

Direct peers

• CoverMyMeds: A leading patient access and prior authorization platform (acquired by McKesson) that connects providers, pharmacies, payers, and pharma manufacturers. Directly comparable to Annexus Health as a patient access/adherence technology platform serving similar provider and life science stakeholders.
• TailorMed: Healthcare technology platform that helps providers and patients navigate financial assistance, copay programs, and alternative funding. Most direct competitor to Annexus's AssistPoint platform in patient financial assistance workflow automation.
• Vivor: Patient financial assistance platform serving health systems and oncology practices to identify, enroll, and track patients in manufacturer and foundation assistance programs. Closely comparable to AssistPoint's core patient assistance search and enrollment functionality.
• Atlas Health: Patient access and financial assistance platform that connects patients, providers, and life science companies to match eligible patients with assistance programs. Direct competitor focused on similar provider-pharma-financial assistance workflows.

Others

• The Assistance Fund: An independent charitable foundation that provides financial assistance to patients across many disease states. Operates on the foundation side of the patient assistance ecosystem that Annexus connects to via AP Connect, making it a key ecosystem counterpart rather than a competitor.
• PAN Foundation: National charitable foundation providing financial assistance for out-of-pocket medication costs. Functions as a patient assistance program partner in the same ecosystem Annexus integrates with and helps providers enroll patients into.

Broad incumbents

• Waystar: Large-scale healthcare revenue cycle management platform serving hospitals and health systems with patient access, eligibility, and financial clearance solutions. Comparable as a broader incumbent in revenue cycle / patient access technology that overlaps with Annexus's provider-side value proposition.
• Experian Health: Healthcare-focused division of Experian offering patient access, eligibility verification, and financial clearance solutions to providers. Comparable broad incumbent in patient access workflows that competes for similar provider budget.
• Cedar: Patient engagement and billing platform used by health systems to personalize the financial experience. Overlaps with Annexus's provider-side patient financial engagement, though Cedar focuses more on post-visit billing than pre-treatment financial assistance matching.
• Phreesia: Patient intake, engagement, and revenue cycle platform deployed across health systems and specialty practices. Comparable as a broader patient access and engagement incumbent with overlap in automating financial and administrative workflows at the point of care.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/annexushealth
• YouTubeyoutube.com/channel/UCLKjak9CEP1Z9DjIjV2op9g
• Facebookfacebook.com/annexushealth
• LinkedInlinkedin.com/company/annexushealth
• Instagraminstagram.com/annexushealth

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Funding overview

Funding rounds2 records

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Annexus Health