About Practice Fusion
Practice Fusion is a company based in San Francisco (United States) founded in 2005 was acquired by Veradigm in January 2018. It operates as a SaaS (Software-as-a-Service), Subscription Services, and HealthTech. Practice Fusion has raised $254.9 million across 11 funding rounds from investors including Salesforce, Kleiner Perkins and Orbimed. The company has 212 employees as of December 31, 2018. Practice Fusion has completed 2 acquisitions, including 100Plus and Ringadoc. Practice Fusion offers products and services including EHR, EHR with Billing Services, and ePrescribe. Practice Fusion operates in a competitive market with competitors including Modernizing Medicine, Flatiron Health, Greenway Health, Medsphere Systems and Hint Health, among others.
- Headquarter San Francisco, United States
- Employees 212 as on 31 Dec, 2018
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Sectors
Healthcare
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Practice Fusion, 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
$254.9 M (USD)
in 11 rounds
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Latest Funding Round
Not available
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Investors
Salesforce
& 16 more
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Employee Count
212
as on Dec 31, 2018
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Investments & Acquisitions
100Plus
& 1 more
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Acquired by
Veradigm
(Jan 08, 2018)
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Products & Services of Practice Fusion
Practice Fusion offers a comprehensive portfolio of products and services, including EHR, EHR with Billing Services, and ePrescribe.
Patient care is optimized through efficient EHR technology.
Revenue is enhanced via integrated EHR billing services.
Medications are prescribed faster with certified e-prescribing tools.
People of Practice Fusion
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Funding Insights of Practice Fusion
Practice Fusion has successfully raised a total of $254.9M across 11 strategic funding rounds. 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 Practice Fusion
Practice Fusion has secured backing from 17 investors, including venture fund and institutional investors. Prominent investors backing the company include Salesforce, Kleiner Perkins and Orbimed.
| Investor | Description | Founded Year | Domain | Location |
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ORIX USA is engaged in middle market asset management and lending.
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Private equity firm focused on life science sector
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Investments in private tech ecosystem are made by Industry Ventures.
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Investor details for Practice Fusion
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Investments & Acquisitions by Practice Fusion
Practice Fusion has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include 100Plus and Ringadoc.
Investment portfolio details for Practice Fusion
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- Portfolio identities
- Transaction dates
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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personalized health prediction mobile app
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Locked | Locked | 2011 | Locked | |
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App for Automated Medical Answering Service for healthcare providers
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Locked | Locked | 2010 | Locked |
Complete acquisition details for Practice Fusion
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Financial Statements - Practice Fusion
Detailed financials for Practice Fusion
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Practice Fusion Comparisons
Peer comparison for Practice Fusion
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Competitors of Practice Fusion
Practice Fusion 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, Greenway Health, Medsphere Systems and Hint Health, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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AI-driven EMR and practice management software is delivered for clinics.
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Cloud-based oncology management tools are provided for cancer care providers.
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Clinical and financial solutions are delivered to ambulatory providers.
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Open-source healthcare software is provided by Medsphere Systems.
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SaaS-based practice management solution is provided for healthcare professionals.
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Detailed competitors of Practice Fusion
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Latest news on Practice Fusion
Complete news archive for Practice Fusion
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Frequently Asked Questions about Practice Fusion
Practice Fusion was founded in 2005 and raised its 1st funding round 4 years after it was founded.
Practice Fusion is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Practice Fusion is a funded company, having raised a total of $254.9M across 11 funding rounds to date.
As of Dec 31, 2018, the latest employee count at Practice Fusion is 212.
Practice Fusion is known for delivering electronic health record (EHR) solutions tailored for independent medical practices. Services are offered in the healthcare sector, focusing on optimizing patient care and practice efficiency. EHR systems, billing services, and e-prescribing capabilities are provided to streamline workflows. Additional value-add options like patient engagement tools are included to support practice growth. Scalable technology is developed to adapt as practices expand. Insights and support from the Veradigm network are integrated to enhance user experience.
Practice Fusion's top competitors include Modernizing Medicine, Eka Care and Flatiron Health.
Practice Fusion offers EHR, EHR with Billing Services, and ePrescribe.
Practice Fusion has 17 investors. Key investors include Salesforce, Kleiner Perkins, Orbimed, Veradigm, and Qualcomm Ventures.