UrbanMed
- Company typePrivate
- Founded2022
- HeadquartersHouston, United States
- Headcount1–10
- GTM typeB2B
- OfferingServices
UrbanMed firmographics
Firmographics- Name
- UrbanMed
- Legal name
- The Urban Med
- Website
- https://theurbanmed.com
- Company type
- Private
- Founded year
- 2022
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Ownership category
- akta.pro rank
Where UrbanMed is headquartered
LocationHeadquarters
- HQ city
- Houston
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
UrbanMed business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D
Revenue model
- Medical Billing & Coding Services: Revenue cycle management services billed as a percentage of net patient revenue at 3.99%. Services include insurance verification, patient billing, data entry, prior authorization, denial management, appeals, and financial reporting.
- Virtual Medical Assistant Staffing: Providing trained virtual medical assistants to healthcare practices on a contractual basis. Pricing is flexible and tailored to practice needs with flexible pricing packages for small private practices and larger healthcare clinics.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Medical Billing & Coding at 3.99% of net patient revenue |
| Subscription | Monthly | Flexible Virtual Medical Assistance Packages |
Go-to-market motion2 records
Distribution channels2 records
Marketing channels4 records
UrbanMed product offering
Product offeringCore offering
UrbanMed is a physician-led healthcare staffing agency that provides two interconnected service lines: (1) Virtual Medical Assistant (VMA) services delivering remote administrative support such as medical reception, practice coordination, appointment scheduling, EMR updates, eligibility verification, and prior authorization, and (2) Medical Billing & Coding / Revenue Cycle Management (RCM) services priced at 3.99% of net patient revenue covering insurance verification, claims processing, denial management, appeals, and financial reporting for U.S. healthcare practices.
Product overview
UrbanMed is a healthcare staffing agency offering two interconnected service lines: Virtual Medical Assistant (VMA) services and Medical Billing & Coding/RCM services. The VMA service provides remote administrative support including virtual reception, practice coordination, and EMR management, while the Medical Billing & Coding service delivers end-to-end revenue cycle management with a 3.99% service fee. These services work together to address staffing shortages and administrative burdens faced by healthcare practices.
Differentiator
Problem solved
Functional benefit
Quantifiable outcome
- 75% reduction in labor expenditures
- +3 more outcomes
Companies that use UrbanMed
Customer profileNamed customers2 records
Segments2 records
Ideal customer profiles1 record
UrbanMed technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
UrbanMed partnerships and signals
Strategic signalScale indicators3 records
Recent moves5 records
Expansion highlights3 records
UrbanMed competitors and assessment
Company assessmentBroad incumbents
- Tebra (Kareo): Tebra (formerly Kareo) is an established EHR and medical billing platform serving independent practices. Its integrated billing and practice management suite overlaps with UrbanMed's RCM offering and competes for the same SMB practice wallet.
- Access Healthcare: Access Healthcare provides end-to-end RCM, medical billing, and healthcare BPO services to providers and payers. It is a much larger incumbent competing in the same outsourced RCM space as UrbanMed, with global delivery capabilities.
- AQuity Solutions: AQuity Solutions is an established clinical documentation, coding, and RCM outsourcing provider serving hospitals and large physician groups. It is a scaled incumbent offering the same outsourced medical administration and coding services as UrbanMed, but at enterprise scale.
- ScribeAmerica: ScribeAmerica is a large medical scribe and clinical documentation services provider serving hospitals and physician groups. It overlaps with UrbanMed's clinical documentation and admin support functions for provider customers.
Direct peers
- CollaborateMD: CollaborateMD is a cloud-based medical billing and practice management software company serving small to mid-sized practices. It competes directly with UrbanMed's Medical Billing & Coding/RCM service line on the financial side of the stack.
- Office Ally: Office Ally provides medical billing, clearinghouse, and practice management services to healthcare providers. It targets the same SMB practice customer with overlapping RCM functionality to UrbanMed's billing service.
- My Mountain Mover: My Mountain Mover provides virtual medical assistants and healthcare administrative staffing to US practices. Its service model and SMB customer profile overlap directly with UrbanMed's VMA offering.
- HelloRache: HelloRache provides virtual medical assistants to healthcare practices for administrative tasks such as scheduling, patient communication, and chart updates. It is the closest direct competitor to UrbanMed's VMA offering, serving the same SMB practice segment with a similar remote-staffing model.
- MedVA: MedVA offers remote virtual assistants specifically trained for medical practices, including reception, scribing, and billing support. It competes head-to-head with UrbanMed's Virtual Medical Assistant line for US small and mid-sized practices.
Emerging players
- Maverick Medical AI: Maverick Medical AI applies AI-driven medical coding and billing automation to healthcare practices. It is an emerging player attacking the same RCM pain point UrbanMed addresses, but with software rather than human-staff-heavy services.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks5 records
Key highlights5 records
Customer concentration
UrbanMed social profiles
Digital presenceUrbanMed financial estimates
Financial estimateRevenue estimate
Valuation estimate
UrbanMed leadership team
Management profileNumber of profiles
Profiles1 record
UrbanMed funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
UrbanMed 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 UrbanMed
What does UrbanMed do?
UrbanMed is a physician-led healthcare staffing agency that provides two interconnected service lines: (1) Virtual Medical Assistant (VMA) services delivering remote administrative support such as medical reception, practice coordination, appointment scheduling, EMR updates, eligibility verification, and prior authorization, and (2) Medical Billing & Coding / Revenue Cycle Management (RCM) services priced at 3.99% of net patient revenue covering insurance verification, claims processing, denial management, appeals, and financial reporting for U.S. healthcare practices.
Is UrbanMed a public or private company?
UrbanMed is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was UrbanMed founded?
UrbanMed was founded in 2022. It employs 1 to 10 people.
Where is UrbanMed based?
UrbanMed is headquartered in Houston, United States, in the North America region.
How does UrbanMed make money?
Two revenue lines are on record. Medical Billing & Coding Services are the primary driver. The others are virtual Medical Assistant Staffing.
Who are UrbanMed's main competitors?
Broad incumbents on record are Tebra (Kareo), Access Healthcare, AQuity Solutions and ScribeAmerica. Direct peers are CollaborateMD, Office Ally, My Mountain Mover, HelloRache and MedVA. Maverick Medical AI is listed as an emerging player.
Does UrbanMed have an API?
No public API is recorded for UrbanMed.