DH100 recognizes those companies that have helped make New York the capital of healthcare innovation
NEW YORK, Feb. 6, 2025 -- Adonis today announced that it has been named to the 2025 New York Digital Health 100 (DH100), a recognition that highlights the most exciting and innovative startups in New York. Digital Health New York (DHNY) publishes the annual list in conjunction with the New York Healthcare Innovation Report 2025 that analyzes the digital health sector's investment trends, challenges, and opportunities.
"We are thrilled to be named to the DH100, which highlights innovative startups driving meaningful change not only in New York but nationwide," said Akash Magoon, Co-Founder and CEO of Adonis. "This achievement underscores our team's unwavering commitment to optimizing revenue outcomes, giving healthcare providers the ability to collect the revenue they deserve so that they can focus on delivering the highest form of clinical care. We remain dedicated to advancing AI in revenue cycle management, ultimately enhancing both financial performance and patient experiences across New York and beyond."
"Now in its sixth year, the New York DH100 has evolved and grown, and in that time, the digital health ecosystem in New York has also reached unprecedented levels of innovation and impact," said Bunny Ellerin, co-founder and CEO, DHNY. "We are honored to celebrate these organizations, whose dedication to transformation and progress is driving the future of healthcare."
Adonis is a revenue cycle technology company that empowers practices and health systems to maximize their revenue from payers and reduce the time and cost to collect. This is accomplished through Adonis Intelligence, an AI-powered system that continuously observes revenue cycle data and provides real-time actionable alerts and recommendations as issues are detected across any part of the RCM process.
With Adonis Intelligence, RCM teams access seamless monitoring, issue identification, guidance, and automated actions to drive better financial and clinical outcomes. Adonis equips providers with insights and strategies to tackle the biggest payer and revenue challenges head-on, giving teams the ability to reclaim the revenue they deserve.
Adonis raised a $31 Million Series B in June 2024, bringing the total amount raised to $54 Million since the company's founding in 2022. Adonis works with leading providers across a range of specialties, from orthopedics, to emergency medicine, dental, behavioral health, women's health, and more.
To download a copy of the New York Healthcare Innovation Report, please click here.
About Adonis
Adonis is a Revenue Intelligence and Automation Platform, built for Healthcare, solving for operational challenges that impact the integrity of revenue cycle management. On average, Healthcare providers are unable to collect 15% or more of the revenue they are owed. This is a result of compounding fractures in traditional RCM; a series of people, processes, systems, and tools are collectively responsible for this dilemma. Powered by data science and automation, Adonis provides solutions to address the common issues and areas of susceptibility within RCM to create better, more reliable revenue outcomes. No matter where you are in your revenue cycle journey, we can help you take a step in the right direction to achieve your revenue potential. Learn more at adonis.io.
About Digital Health New York (DHNY)
Digital Health New York (DHNY) is a connected community of digital health leaders who share ideas, spark new directions and create success across the entire ecosystem. As an organization, we seek to increase the visibility of New York City as a leader in healthcare innovation and showcase the companies and leaders creating the future of healthcare. Our flagship event, DHNY Summit, brings together an elite group of entrepreneurs, investors, payers, providers and executives to cultivate the New York digital health community and drive impactful conversations around the current and future state of digital health. DHNY was founded in 2022 in collaboration with AlleyCorp. For more information or to join DHNY's mailing list, please visit www.dhny.co.
DH100 Methodology
To compile the DH100, we invited companies to complete an in-depth application with both quantitative and qualitative measures to help us to get to know the company better. We also used our dynamic database of digital health companies in the region to round out the consideration set. A company qualified for consideration if it maintained headquarters or employed at least 5 people in the New York region. Companies that were public or non-profit; founded before 2014; or had an exit were excluded. We evaluated companies on a number of factors, including but not limited to: strength of application, leadership, number of employees, funding, revenue, market fit, differentiated offerings, and community engagement.
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