About NueMD
NueMD is a company based in Marietta (United States) founded in 1993 was acquired by AdvancedMD in July 2018.. The company has 654 employees as of December 31, 2018. NueMD offers products and services including Practice Management, EHR Software, Billing Software, and Patient Engagement. NueMD operates in a competitive market with competitors including Modernizing Medicine, Flatiron Health, Practice Fusion, Greenway Health and Medsphere Systems, among others.
- Headquarter Marietta, United States
- Employees 654 as on 31 Dec, 2018
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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 Advancedmd, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
654
as on Dec 31, 2018
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Acquired by
AdvancedMD
(Jul 09, 2018)
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Products & Services of NueMD
NueMD offers a comprehensive portfolio of products and services, including Practice Management, EHR Software, Billing Software, and Patient Engagement. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Streamlines business operations for healthcare practices.
Manages patient health records and clinical workflows electronically.
Automates claims processing and revenue collection for practices.
Facilitates patient interactions through portals and reminders.
Funding Insights of NueMD
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in NueMD
NueMD has secured backing from 1 investor. Prominent investors backing the company include AdvancedMD. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Cloud-based practice management, electronic health record (EHR), and medical scheduling software
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by NueMD
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - NueMD
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Nuemd Comparisons
Competitors of NueMD
NueMD 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 Modernizing Medicine, Flatiron Health, Practice Fusion, Greenway Health and Medsphere Systems, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
AI-driven EMR and practice management software is delivered for clinics.
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| domain | founded_year | HQ Location |
Cloud-based oncology management tools are provided for cancer care providers.
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| domain | founded_year | HQ Location |
Cloud-based EHR system is provided for physicians' practices.
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| domain | founded_year | HQ Location |
Clinical and financial solutions are delivered to ambulatory providers.
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| domain | founded_year | HQ Location |
Open-source healthcare software is provided by Medsphere Systems.
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| domain | founded_year | HQ Location |
SaaS-based practice management solution is provided for healthcare professionals.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Nuemd
Frequently Asked Questions about NueMD
When was NueMD founded?
NueMD was founded in 1993.
Where is NueMD located?
NueMD is headquartered in Marietta, United States. It is registered at Marietta, Georgia, United States.
How many employees does NueMD have?
As of Dec 31, 2018, the latest employee count at NueMD is 654.
What does NueMD do?
Founded in 1993, NueMD operates from Marietta, United States, as a provider of cloud-based software for small medical practices. Solutions encompass practice management, electronic health records, and medical billing services. The company originated within Georgia Institute of Technologys Advanced Technology Development Center, focusing on healthcare technology for streamlined operations in the sector.
Who are the top competitors of NueMD?
NueMD's top competitors include Modernizing Medicine, Eka Care and Flatiron Health.
What products or services does NueMD offer?
NueMD offers Practice Management, EHR Software, Billing Software, and Patient Engagement.
Who are NueMD's investors?
NueMD has 1 investor. Key investors include AdvancedMD.
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