About Medfusion
Medfusion is a company based in Cary (United States) founded in 1996 was acquired by NextGen Healthcare Information Systems in November 2019. Medfusion has raised $4.5 million across 3 funding rounds from investors including Intuit, NextGen Healthcare Information Systems and McKesson. The company has 1 employees as of December 31, 2019. Medfusion has completed 1 acquisition, including NexSched. Medfusion offers products and services including Electronic Health Records (EHR), Practice Management, NextGen Mobile, and Ambient Assist. Medfusion operates in a competitive market with competitors including Solace Health, InteliChart, Healthjump, MediFile and Avado, among others.
- Headquarter Cary, United States
- Employees 1 as on 31 Dec, 2019
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Sectors
Healthcare
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Email
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Phone
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Website
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Social
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- Legal Name Medfusion, Inc.
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$4.5 M (USD)
in 3 rounds
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Latest Funding Round
$1.5 M (USD), Private Equity Round
Jun 19, 2018
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Investors
Intuit
& 7 more
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Employee Count
1
as on Dec 31, 2019
- Investments & Acquisitions
- Acquired by
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Products & Services of Medfusion
Medfusion offers a comprehensive portfolio of products and services, including Electronic Health Records (EHR), Practice Management, NextGen Mobile, and Ambient Assist.
Cloud-based system for managing patient records and clinical workflows
Software for billing, scheduling, and revenue cycle optimization
App for efficient EHR access and AI-assisted documentation
AI-driven solution for streamlining documentation and patient care
Funding Insights of Medfusion
Medfusion has successfully raised a total of $4.5M across 3 strategic funding rounds. The most recent funding activity was a Private Equity Round of $1.5 million completed in June 2018. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Medfusion
Medfusion has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include Intuit, NextGen Healthcare Information Systems and McKesson.
| Investor | Description | Founded Year | Domain | Location |
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Early-stage venture capital is provided for B2B software founders.
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Tech & Life Sciences focused VC firm investing in early stage companies in the US & Europe
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Healthcare services are provided by Baylor Scott & White Health.
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Investor details for Medfusion
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Verified entity values are shown only after access is granted.
Investments & Acquisitions by Medfusion
Medfusion has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include NexSched.
Investment portfolio details for Medfusion
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Practice management solutions are provided for healthcare professionals.
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Complete acquisition details for Medfusion
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- Acquired stakes
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Financial Statements - Medfusion
Detailed financials for Medfusion
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Medfusion Comparisons
Peer comparison for Medfusion
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Competitors of Medfusion
Medfusion 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 Solace Health, InteliChart, Healthjump, MediFile and Avado, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Patients are connected to health advocates through a healthcare platform.
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Information exchange platform for physicians, hospitals, and patients
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Medical Record keeping and engagement platform
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Digital platform for sharing medical images and reports with professionals.
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Cloud-based patient relationship management is offered for health communication.
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Offers cloud-based software for secure patient portals, messaging, and medical workflow management.
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Detailed competitors of Medfusion
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Latest news on Medfusion
Complete news archive for Medfusion
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Frequently Asked Questions about Medfusion
Medfusion was founded in 1996 and raised its 1st funding round 18 years after it was founded.
Medfusion is headquartered in Cary, United States. It is registered at Cary, North Carolina, United States.
Kimberly Labow is the current CEO of Medfusion.
Medfusion is a funded company, having raised a total of $4.5M across 3 funding rounds to date.
As of Dec 31, 2019, the latest employee count at Medfusion is 1.
Medfusion was founded in 1996 and is headquartered in Cary, United States. Operations focus on the healthcare technology sector, where cloud-based patient engagement portals are developed to link providers with patients. Services encompass clinical and administrative tools, financial billing solutions, patient messaging, personal health records, and front desk features such as appointment requests and registration processes.
Medfusion's top competitors include Solace Health, InteliChart and Healthjump.
Medfusion offers Electronic Health Records (EHR), Practice Management, NextGen Mobile, and Ambient Assist.
Medfusion has made 1 acquisition, including NexSched.
Medfusion has 8 investors. Key investors include Intuit, NextGen Healthcare Information Systems, McKesson, Pathologist, and Bull City Venture Partners.