About Precision Practice
Precision Practice is a company based in St. Louis (United States) founded in 1993 was acquired by Vee Healthtek in September 2025. It operates as a B2B. The company has 195 employees as of December 31, 2022. Precision Practice offers products and services including Medical Billing, Revenue Cycle Management, and EHR Services. Precision Practice operates in a competitive market with competitors including Modernizing Medicine, Flatiron Health, Practice Fusion, Greenway Health and Medsphere Systems, among others.
- Headquarter St. Louis, United States
- Employees 195 as on 31 Dec, 2022
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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 Precision Practice Management
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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
195
as on Dec 31, 2022
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Acquired by
Vee Healthtek
(Sep 29, 2025)
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Products & Services of Precision Practice
Precision Practice offers a comprehensive portfolio of products and services, including Medical Billing, Revenue Cycle Management, and EHR Services. 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.
Handles billing processes for accurate physician reimbursements.
Manages revenue streams to minimize leakage in healthcare practices.
Provides electronic health record training and custom programming.
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Funding Insights of Precision Practice
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Precision Practice
Precision Practice has secured backing from 1 investor. Prominent investors backing the company include Vee Healthtek. 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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Healthcare organizations are transformed via technology consulting and revenue management.
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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 Precision Practice
| 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 - Precision Practice
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Precision Practice Comparisons
Competitors of Precision Practice
Precision Practice 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 |
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| 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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On-demand services are booked through an app-based platform.
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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 Precision Practice
Frequently Asked Questions about Precision Practice
When was Precision Practice founded?
Precision Practice was founded in 1993.
Where is Precision Practice located?
Precision Practice is headquartered in St. Louis, United States. It is registered at St. Louis, Missouri, United States.
How many employees does Precision Practice have?
As of Dec 31, 2022, the latest employee count at Precision Practice is 195.
What does Precision Practice do?
Precision Practice Management delivers specialized services in medical billing, revenue cycle management, and electronic health record support for various medical specialties. They manage accounts receivable, denial processes, financial reporting, and technical assistance to optimize healthcare operations. Operating primarily in the United States, they serve physicians across multiple states, ensuring efficient reimbursement and compliance with programs like MIPS.
Who are the top competitors of Precision Practice?
Precision Practice's top competitors include Modernizing Medicine, Eka Care and Flatiron Health.
What products or services does Precision Practice offer?
Precision Practice offers Medical Billing, Revenue Cycle Management, and EHR Services.
Who are Precision Practice's investors?
Precision Practice has 1 investor. Key investors include Vee Healthtek.