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Top 3 Core Administrative Processing Systems Software Companies $100M+ Revenue (September 2026)

As of September 2026, Latka tracks 3 core administrative processing systems software companies with $100M+ in annual revenue. They have combined revenues of $716M and employ 6.5K people.

Every company below sells core administrative processing systems software to other businesses and is ranked by its most recent annual revenue. Revenue, funding, headcount and customer figures come from CEO interviews on the Latka podcast, public company filings, and Latka estimates where a company has not disclosed a number.

What Core Administrative Processing Systems Software Companies do

Core Administrative Processing Systems Software (CAPS) encompasses a set of solutions that support the administrative functions of organizations, particularly within the healthcare sector. These systems manage critical processes such as claims processing, member enrollment, benefit configuration, and billing, enhancing operational efficiency and accuracy. By automating various administrative tasks, CAPS enable organizations to streamline workflows, reduce operational costs, and improve customer service. Typical users of Core Administrative Processing Systems include healthcare payers, insurance companies, and healthcare providers, who rely on these solutions to ensure smooth claims management and regulatory compliance. Key features of CAPS often encompass data integration, analytics, and reporting capabilities, allowing for better decision-making and performance tracking. As the healthcare landscape continues to evolve, the demand for effective administrative processing software remains crucial to the success of health plans and related organizations.

Companies
3
Revenue
$716M
Funding
-
Employees
6.5K

Filters

Sorting: Highest -> Lowest

Filters

Top Core Administrative Processing Systems Software Companies $100M+ Revenue

Showing 3 of 3 companies ranked by annual revenue.

1Zelis logo
Zelis

Boston, Massachusetts, United States

Zelis is modernizing the healthcare financial experience by providing a connected platform that bridges the gaps and aligns interests across payers, providers, and healthcare consumers. This platform serves more than 750 payers, including the top 5 national health plans, regional health plans, TPAs and self-insured employers, and millions of healthcare providers and consumers. Zelis sees across the system to identify, optimize, and solve problems holistically with technology built by healthcare experts – driving real, measurable results for clients. Zelis maintains a transparent, fee-free recruitment process. All genuine offers originate from our Talent Acquisition team using the “@ zelis.com” domain. We do not use WhatsApp or personal emails for recruitment. Forward any suspected fraud to verify-offers[@]zelis.com for prompt investigation. Thank you for staying vigilant.

Revenue
$306.8M
Year founded
2016
Team size
2.8K
2HealthEdge logo
HealthEdge

Boston, Massachusetts, United States

HealthEdge is on a mission to drive a digital transformation in healthcare. We’re connecting health plans, providers, and patients with end-to-end digital technology solutions to support new business models, reduce administrative costs and improve health outcomes. Our growing portfolio of products (HealthRules® Payer, HealthEdge Source™, HealthEdge® Provider Data Management, GuidingCare®, and Wellframe™) provides talented and passionate professionals with opportunities to lead change and make a lasting, global impact in healthcare. Driving our mission are 2,000+ professionals worldwide. Together, we are committed to innovating a world where healthcare can focus on people.

Revenue
$217.7M
Year founded
2005
Team size
2K
3Veradigm® logo
Veradigm®

Chicago, Illinois, United States

Veradigm is an integrated data systems and services company that combines data-driven clinical insights with actionable tools to help healthcare stakeholders improve the quality, efficiency, and value of healthcare delivery—these stakeholders include biopharma, health plans, healthcare providers, network partners, and most importantly, the patients they serve. We build solutions that are designed to help healthcare stakeholders to improve patient lives through data driven insights. We are dedicated to simplifying the complicated healthcare system with next-generation technology and solutions, transforming healthcare from the point-of-patient care to everyday life. As a result, Veradigm attracts leaders in healthcare, technology, and innovation, seeking to work with us to deliver insights and solutions to the benefit the healthcare ecosystem with the objective being to improve healthcare quality while lowering the cost of healthcare. Veradigm is an organization comprised of passionate and energetic people whose everyday focus is on helping all healthcare stakeholders drive the best care possible for healthier communities. We believe diversity is the foundation of innovation, and we are dedicated to fostering an inclusive environment that supports the talents of all people.

Revenue
$191.5M
Year founded
1986
Team size
1.7K

Frequently asked questions about Core Administrative Processing Systems Software Companies $100M+ Revenue

How many core administrative processing systems software companies with $100M+ in annual revenue are there?

Latka tracks 3 core administrative processing systems software companies with $100M+ in annual revenue. Together they generate $716M in annual revenue and employ 6.5K people.

Which core administrative processing systems software company with $100M+ in annual revenue is the largest?

Zelis is the largest, with $306.8M in annual revenue, founded in 2016.

How much revenue does a typical core administrative processing systems software company with $100M+ in annual revenue make?

The average core administrative processing systems software company in this list makes $238.7M a year, across 3 companies with reported revenue.

Who are the leading Core Administrative Processing Systems software vendors with $100M+ in annual revenue?

Ranked by annual revenue, the leaders are Zelis, HealthEdge and Veradigm®.

Related Vertical Industry Software categories

Inclusion Criteria

- Must automate core administrative tasks such as claims processing and billing - Should facilitate member enrollment and benefit configuration - Needs to support regulatory compliance and reporting requirements - Must integrate with existing IT systems and databases - Designed for use by healthcare payers and providers - Not just focused on claims management; must also provide analytics and operational insights