What Does Panacea Healthcare Solutions Do?

Total employees160
HeadquartersArden Hills
Founded2007

Panacea Healthcare Solutions, Inc. provides expert coding, compliance, revenue integrity, and financial performance solutions for the healthcare industry. They offer software, consulting services, and educational resources to hospitals, health systems, physician practices, and other healthcare providers. Their focus is on helping clients navigate complex regulations, optimize revenue cycles, and ensure accurate medical coding and billing. In October 2023, Panacea Healthcare Solutions was acquired by Millennia, a leader in patient payment and engagement.

Where Is Panacea Healthcare Solutions's Headquarters?

HQ Function

The headquarters serves as the primary center for operations, software development, client support, consulting services coordination, and strategic leadership for the company's healthcare solutions.

Notable Features:

The office is situated in a modern business park, offering contemporary facilities designed to support a collaborative and technology-driven work environment.

Work Culture:

Panacea fosters a work culture centered on expertise, client success, and integrity. Employees are typically experienced professionals in healthcare finance, coding, and compliance, contributing to a knowledgeable and supportive atmosphere. Post-acquisition by Millennia, the culture is likely integrating with Millennia's broader organizational values.

HQ Significance:

The Arden Hills headquarters is significant as the nerve center for Panacea's development of innovative healthcare financial tools and the delivery of expert consulting services that impact healthcare providers across the United States.

Values Reflected in HQ: The headquarters likely reflects values of professionalism, efficiency, and technological advancement, essential for a company specializing in healthcare financial solutions and compliance.

Location:

Panacea Healthcare Solutions primarily focuses its operations and client services within the United States healthcare market. While their software and expertise could theoretically be adapted, their core business targets US healthcare regulations and systems. Global functions, if any, would be minimal and likely managed from their US headquarters or through its parent company, Millennia.

Street Address:

2 Pine Tree Drive, Suite 300

City:

Arden Hills

State/Province:

MN

Country:

USA

Where Else Does Panacea Healthcare Solutions Operate Around the World?

No additional office locations available.

Buying Intent Signals for Panacea Healthcare Solutions

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Who's Leading Panacea Healthcare Solutions? Meet the Executive Team

As of April 2025, Panacea Healthcare Solutions' leadership includes:

Frederick Stodolak - Former Chief Executive Officer (prior to Millennia acquisition)
David Black - Former Chief Revenue Officer (prior to Millennia acquisition, role may have transitioned within Millennia)
Greg Kay - Former Senior Vice President, Revenue Integrity Services (role may have transitioned within Millennia)

Who's Investing in Panacea Healthcare Solutions?

Panacea Healthcare Solutions has been backed by several prominent investors over the years, including:

Millennia (Acquirer, backed by Pamlico Capital)
Carrick Capital Partners (Past significant investor)

What Leadership Changes Has Panacea Healthcare Solutions Seen Recently?

Hire0
Exits0

The most significant event in the last 12 months was the acquisition of Panacea Healthcare Solutions by Millennia in October 2023. This typically leads to integration of leadership teams. Specific Panacea-branded executive hires or exits post-acquisition are less distinct from Millennia's overall leadership changes.

What Technology (Tech Stack) Is Used byPanacea Healthcare Solutions?

Discover the tools Panacea Healthcare Solutions uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

Panacea Healthcare Solutions Email Formats and Examples

Panacea Healthcare Solutions likely uses standard professional email formats. Based on common patterns for companies of its type and domain (panaceainc.com), the most probable formats include first initial followed by last name, or first name followed by a dot and then last name.

flast@panaceainc.com or first.last@panaceainc.com

Format

jdoe@panaceainc.com

Example

80%

Success rate

What's the Latest News About Panacea Healthcare Solutions?

PR NewswireOctober 10, 2023

Millennia Announces Acquisition of Panacea Healthcare Solutions

Millennia, a leader in patient payment and engagement for hospitals, health systems, and medical groups, today announced its acquisition of Panacea Healthcare Solutions, a leading provider of healthcare coding, compliance, and revenue integrity solutions. The combination enhances Millennia's ability to deliver a comprehensive suite of solutions that address critical financial challenges faced by healthcare providers....more

Panacea Healthcare Solutions Website (Archived News/Blog)January 12, 2023

Panacea Healthcare Solutions Continues to Innovate in Revenue Cycle Management

Panacea highlighted its ongoing commitment to providing cutting-edge software and consulting for healthcare revenue cycle management, emphasizing new tools for chargemaster management and coding accuracy to help providers optimize financial outcomes in an increasingly complex regulatory environment....more

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