About Medfusion
Medfusion is a Healthcare company based in Cary (United States) founded in 1996, and was acquired by NextGen Healthcare Information Systems in November 2019. Cloud-based patient portals are offered to healthcare providers. 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. Medfusion has completed 1 acquisition, including NexSched. Its chief executive, as recorded, is Kimberly Labow. Medfusion offers products and services including Electronic Health Records (EHR), Practice Management, NextGen Mobile, and Ambient Assist. Its focus areas include HealthTech, Healthcare IT, Provider and Hospital Information Systems. Its legal entity is MEDFUSION, INC. Its competitors include Solace Health, InteliChart and Healthjump; 2 of its 3 listed competitors have raised funding.
Company details
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.
- Headquarters Cary, United States
- Employees 1
- Stage Acquired
- SectorsHealthcare
- Email••••••••
- Phone•••• ••••
- Website medfusion.com
- Social LinkedIn X Facebook
- Acquired by NextGen Healthcare Information Systems (Nov 2019)
- Legal Name Medfusion, Inc.
- Total Equity Funding$4.5M (USD)
in 3 rounds
- Latest Funding Round$1.5M (USD), Private Equity Round
Jun 2018
- InvestorsIntuit
& 7 more
- Employee Count1
- Investments & Acquisitions
- Acquired by
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.
- Total Funding $4.5M
- Total Rounds 3
- Last Round Private Equity Round — $1.5M
- Investors Count 6
All 3 funding rounds of Medfusion with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2018 | $1.5M | Private Equity Round | – | – | – |
| Aug 2015 | $3M | Private Equity Round | – | Bull City Venture Partners, Hatteras Venture Partners | – |
| Jan 2014 | Private Equity Round | – | – |
8 investors in total: 8 institutional.
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 |
|---|---|---|---|---|
Early-stage venture capital is provided for B2B software founders. | bcvp.com | Durham, United States | ||
Tech & Life Sciences focused VC firm investing in early stage companies in the US & Europe | hatterasvp.com | Durham, United States | ||
Healthcare services are provided by Baylor Scott & White Health. | baylorhealth.com | Dallas, United States | ||
Pathology laboratory services are provided via a chain of facilities. | 1997 | pbmlabs.com | Dallas, United States | |
Texas Oncology is recognized for providing comprehensive cancer care services. | texasoncology.com | United States | ||
Products and services are provided in the healthcare industry. | 1833 | mckesson.com | Irving, United States | |
Financial and accounting software is developed for businesses and individuals. | 1983 | intuit.com | Mountain View, United States | |
Cloud-based administration solutions for healthcare providers are delivered. | 1974 | nextgen.com | Horsham, United States |
Investor details for Medfusion
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People of Medfusion
1 people are tracked at Medfusion (1 in leadership); the tracked headcount is 1.
| Name | Role | Group |
|---|---|---|
Kimberly Labow | CEO | Leadership |
Complete people profiles for Medfusion
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Investments & Acquisitions by Medfusion
Medfusion has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include NexSched.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Practice management solutions are provided for healthcare professionals. | nexsched.com | New York, United States | 2001 | Feb 2017 | •••• |
Complete acquisition details for Medfusion
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Timeline of Medfusion
6 dated milestones of Medfusion across 23 years, from founding to its latest funding, stage changes and deals.
- Founded Medfusion is founded.
- Exit Acquired by Intuit.
- Funding First funding round.
- Acquisition Acquires NexSched.
- Funding Latest funding round, Private Equity Round, of $1.5M.
- Exit Acquired by NextGen Healthcare Information Systems.
Competitors of Medfusion
Medfusion has 3 listed competitors in our database, 2 of them funded. They include Solace Health, InteliChart and Healthjump.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| solace.health | 2022 | Redwood, United States | $74M | 1 | Patients are connected to health advocates through a healthcare platform. | |
| intelichart.com | 2006 | Charlotte, United States | Information exchange platform for physicians, hospitals, and patients | |||
| healthjump.com | 2013 | New York, United States | $3.02M | 52 | Medical Record keeping and engagement platform |
Detailed competitors of Medfusion
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- Full competitor set
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Web traffic of Medfusion
The website of Medfusion (medfusion.com) receives about 1.2K visits a month.
- Monthly visits1.2K
▲ 5.2% vs previous month
Websites whose visitors overlap most with Medfusion. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
medicalpracticeinsider.com | medicalpracticeinsider.com | 100% | – | ||
| medicalwebexperts.com | 91% | #6,101,045 | View details | ||
| medfusionservices.com | 78% | 8K | #2,615,561 | View details | |
| policymedical.com | 71% | View details | |||
| itriagehealth.com | 71% | View details | |||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 11 similar websites and full traffic analytics for Medfusion
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- 11 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Clinical IT & Data Platforms
3 companies that operate in the same segment as Medfusion (Clinical IT & Data Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Employee health benefits are facilitated via a cloud-based platform. | 2007 | Plymouth Meeting, Pennsylvania, United States | USD 228.3 M | |||
Healthcare appointments are booked online via Zocdoc's platform. | 2007 | New York, New York, United States | USD 425.97 M | USD 4.66 M | 1,365 | |
Virtual physical therapy and digital pain care solutions are provided. | 2015 | San Francisco, California, United States | USD 854.44 M | 1,746 |
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Related news about 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 CEO of Medfusion, as recorded in our data.
Medfusion is a funded company, having raised a total of $4.5M across 3 funding rounds to date.
Medfusion has 1 employees.
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.
Medfusion operates through Medfusion, Inc..
Yes. Medfusion was acquired by NextGen Healthcare Information Systems in November 2019.