pendrick capital partners
Pendrick Capital Partners is a privately held Richmond, Virginia-based firm founded in 2010 that purchases healthcare-related debt in the US secondary market, providing additional revenue streams through portfolio acquisitions and collections.
- Company typePrivate
- Founded2010
- HeadquartersRichmond, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
pendrick capital partners firmographics
Firmographics- Name
- pendrick capital partners
- Website
- https://pendrickcp.com
- Company type
- Private
- Founded year
- 2010
- Headcount range
- 11–50 employees
- Short description
- Pendrick Capital Partners is a privately held Richmond, Virginia-based firm founded in 2010 that purchases healthcare-related debt in the US secondary market, providing additional revenue streams through portfolio acquisitions and collections.
- Ownership category
- akta.pro rank
pendrick capital partners industry classification
Industry- Product category
- Healthcare Debt Buying
- NAICS
- Finance and Insurance (52)
- SIC
- Miscellaneous Business Credit Institution (6159)
- akta.pro primary industry
- Debt Buying & Portfolio Acquisition (Charged-Off Receivables) (FSAKAJAC)
- akta.pro secondary industry
- Debt Buying / Portfolio Acquisition & Recovery (Debt Purchasers) (BPAAAEAG)
Keywords
Where pendrick capital partners is headquartered
LocationHeadquarters
- HQ city
- Richmond
- HQ country
- United States
- HQ region
- North America
Markets served
pendrick capital partners business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Compliance, Others
pendrick capital partners product offering
Product offeringCore offering
Pendrick Capital Partners purchases delinquent and aged healthcare receivables from medical providers across the United States, acting as one of the largest healthcare debt buyers in the country. The firm acquires these accounts to generate additional revenue streams for healthcare organizations while collecting on the purchased debt.
Differentiator
Problem solved
Functional benefit
Products and services
- Healthcare Debt Purchasing Purchase of delinquent and aged medical receivables from healthcare providers, providing those providers with an additional revenue stream by liquidating bad debt at a discount.
Companies that use pendrick capital partners
Customer profileIdeal customer profiles1 record
pendrick capital partners technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
pendrick capital partners competitors and assessment
Company assessmentDirect peers
- Healthcare Receivables Group: Specialized buyer of distressed healthcare receivables from hospitals and providers, directly comparable to Pendrick in target asset class and purchase-and-recover model.
- Great Lakes Collection Bureau: Healthcare receivables collection agency with portfolio acquisition capabilities serving hospitals and medical providers across the US.
- IC System: Long-established US debt collection agency with significant healthcare and consumer credit recovery operations, comparable in vertical mix and recovery approach.
- Convergent Healthcare Recoveries: One of the largest US healthcare-focused debt buyers and recovery firms, operating a near-identical model of acquiring and managing charged-off healthcare receivables from providers.
- Wakefield & Associates: Large US debt collection agency with a substantial healthcare and medical receivables practice, comparable in scale, customer segment, and recovery orientation.
- Receivables Management Partners: Healthcare-focused debt buyer and recovery firm purchasing charged-off medical receivables from providers nationwide — a close analog in business model.
- ARS National: National recovery firm with a dedicated healthcare vertical providing comparable debt recovery services to providers, health systems, and physician groups.
- National Recovery Agency: Mid-to-large debt collection agency with a healthcare receivables practice, overlapping with Pendrick in target customers and asset classes.
Broad incumbents
- R1 RCM: Large healthcare revenue cycle management provider handling patient billing and receivables for major hospital systems — broader portfolio but adjacent in workflow and customer.
Emerging players
- Avadyne Health: Healthcare revenue cycle management and patient engagement firm with overlap in patient billing, early-out, and accounts-receivable workflows adjacent to debt buying.
Market position
Customer concentration
pendrick capital partners social profiles
Digital presencependrick capital partners financial estimates
Financial estimateRevenue estimate
Valuation estimate
pendrick capital partners leadership team
Management profileNumber of profiles
Profiles1 record
pendrick capital partners funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
pendrick capital partners M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about pendrick capital partners
What does pendrick capital partners do?
Pendrick Capital Partners purchases delinquent and aged healthcare receivables from medical providers across the United States, acting as one of the largest healthcare debt buyers in the country. The firm acquires these accounts to generate additional revenue streams for healthcare organizations while collecting on the purchased debt.
When was pendrick capital partners founded?
pendrick capital partners was founded in 2010. It employs 11 to 50 people.
Where is pendrick capital partners based?
pendrick capital partners is headquartered in Richmond, United States, in the North America region.
Who are pendrick capital partners's main competitors?
Direct peers on record are Healthcare Receivables Group, Great Lakes Collection Bureau, IC System, Convergent Healthcare Recoveries, Wakefield & Associates, Receivables Management Partners, ARS National and National Recovery Agency. R1 RCM is listed as a broad incumbent. Avadyne Health is listed as an emerging player.
Does pendrick capital partners have an API?
No public API is recorded for pendrick capital partners.
What industry is pendrick capital partners in?
pendrick capital partners's product category is Healthcare Debt Buying. Its primary akta.pro industry code is FSAKAJAC, Debt Buying & Portfolio Acquisition (Charged-Off Receivables), with a secondary code of BPAAAEAG, Debt Buying / Portfolio Acquisition & Recovery (Debt Purchasers). Its NAICS code is 52 and its SIC code is 6159.