Bonafide

Thousand Oaks, United States Founded: 1981 • Age: 45 yrs Acquired By WellSky
Practice management solutions for physician offices and DME providers to manage medical devices
Annual revenue - Latest available
Total funding - Funding intelligence
Employees 29 Tracked headcount
Investors 1 Known backers
Products 5 Services tracked
Competitors 10 Brand Intelligence

About Bonafide

Bonafide is a company based in Thousand Oaks (United States) founded in 1981 was acquired by WellSky in October 2024. The company has 29 employees as of December 31, 2022. Bonafide offers products and services including DME/HME ERP Software, Facility Portal, Patient Portal, Mobile Delivery App, and Billing Software. Bonafide operates in a competitive market with competitors including Asimily, Censis, Glassbeam, Lumere and TriMedx, among others.

  • Headquarter Thousand Oaks, United States
  • Employees 29 as on 31 Dec, 2022
  • Sectors
    Healthcare
  • Email
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  • Phone
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  • Website
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  • Legal Name Bonafide Management Systems, Inc.
Operational Areas
Healthcare → Health Technology & Digital Health Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Latest Funding Round
    Not available
  • Investors
  • Employee Count
    29

    as on Dec 31, 2022

  • Acquired by
    WellSky

    (Oct 25, 2024)

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Products & Services of Bonafide

Bonafide offers a comprehensive portfolio of products and services, including DME/HME ERP Software, Facility Portal, Patient Portal, Mobile Delivery App, and Billing Software.

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Primary

Manages workflows for DME and HME providers efficiently.

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Facilitates order management for healthcare facilities.

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Enables access to patient medical equipment information.

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Supports delivery tracking and inventory on mobile devices.

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Handles claim scrubbing and revenue cycle processes.

People of Bonafide

Headcount 10-50
Employee Profiles 11
Employee Profiles
People
Scott McDaniel
President & Chief Commercial Officer
People
Eddy Hsu
EVP & CTO
People
Sam Saw
EVP & COO
People
Bryan Hines
EVP & Chief Implementation Officer

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Funding Insights of Bonafide

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Detailed funding history for Bonafide

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Investors in Bonafide

Bonafide has secured backing from 1 investor. Prominent investors backing the company include WellSky.

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Investor Description Founded Year Domain Location
Health care management platform is provided for providers and patients.
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Investor details for Bonafide

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Investments & Acquisitions by Bonafide

Investments
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Investment portfolio details for Bonafide

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Financial Statements - Bonafide

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Bonafide Comparisons

Bonafide Primary company
Description
Practice management solutions for physician offices and DME ...
Location
Thousand Oaks, United States
Founded Year
1981
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
29
As of 2022
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Peer comparison for Bonafide

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Competitors of Bonafide

Bonafide operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Asimily, Censis, Glassbeam, Lumere and TriMedx, among others.

Company Name Domain Founded year HQ Location Description
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Medical device assets are managed via an online platform.
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SaaS-based surgical instrument tracking solutions are offered for healthcare providers.
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AI and cloud-based medical equipment’s machine data management tool for providers
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Provider of supply chain management and formulary management for pharmacies and healthcare organizations
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Healthcare technology management services to health care providers and medical equipment manufacturers
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AI-based cybersecurity solutions for healthcare networks are delivered.
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Detailed competitors of Bonafide

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Latest news on Bonafide

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Complete news archive for Bonafide

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Frequently Asked Questions about Bonafide

Bonafide was founded in 1981.

Bonafide is headquartered in Thousand Oaks, United States. It is registered at Thousand Oaks, California, United States.

As of Dec 31, 2022, the latest employee count at Bonafide is 29.

Founded in 1981 and based in Thousand Oaks, United States, Bonafide operates in the healthcare sector, focusing on software for managing medical devices. Solutions include intake management for patient records and insurance, inventory control via scanners and barcodes, document automation for medical necessity letters, billing tools for claim scrubbing and payment auditing, and an analytical dashboard. All product costs and inventory are tracked digitally.

Bonafide's top competitors include Glassbeam, Asimily and Lumere.

Bonafide offers DME/HME ERP Software, Facility Portal, Patient Portal, Mobile Delivery App, and Billing Software.

Bonafide has 1 investor. Key investors include WellSky.

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