About Prognosis Innovation
Prognosis Innovation is a company based in Houston (United States) founded in 2010 was acquired by Azalea Health in October 2017.. Prognosis Innovation has raised $14.66 million across 4 funding rounds from investors including Azalea Health. Prognosis Innovation has completed 1 acquisition, including Medgenix.com. Prognosis Innovation offers products and services including Hospital EHR, Ambulatory EHR, Revenue Cycle Management, Analytics, and Patient Engagement Software. Prognosis Innovation operates in a competitive market with competitors including Modernizing Medicine, Practice Fusion, Flatiron Health, Greenway Health and Medsphere Systems, among others.
- Headquarter Houston, United States
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Sectors
Healthcare
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$14.66 M (USD)
in 4 rounds
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Latest Funding Round
$539.64 K (USD), Series A
Jan 04, 2012
- Investors
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Employee Count
Employee Count
- Investments & Acquisitions
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Acquired by
Azalea Health
(Oct 11, 2017)
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Products & Services of Prognosis Innovation
Prognosis Innovation offers a comprehensive portfolio of products and services, including Hospital EHR, Ambulatory EHR, Revenue Cycle Management, Analytics, and Patient Engagement Software. 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.
Cloud-based software for hospital charting and patient data management
EHR for clinics to simplify charting and workflows
Services to streamline claims and payments for healthcare
Integrated analytics for operational and clinical insights
Software to enhance provider-patient interactions
Funding Insights of Prognosis Innovation
Prognosis Innovation has successfully raised a total of $14.66M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $539.64 thousand completed in January 2012. 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 Total Funding
- Total Rounds 4
- Last Round Series A — $539,641
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First Round
First Round
(12 Nov 2010)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2012 | Amount | Series A - Prognosis Innovation | Valuation |
investors |
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| Oct, 2011 | Amount | Series A - Prognosis Innovation | Valuation |
investors |
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| Nov, 2010 | Amount | Unspecified - Prognosis Innovation | Valuation |
investors |
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| 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 Prognosis Innovation
Prognosis Innovation has secured backing from 1 investor. Prominent investors backing the company include Azalea Health. 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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EHR Platform with integrated Telehealth, Mobile health and RCM solutions for healthcare providers
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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 Prognosis Innovation
Prognosis Innovation has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Medgenix.com. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Healthcare information services are provided by Medgenix.com.
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Prognosis Innovation
| 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 |
Prognosis Innovation Comparisons
Competitors of Prognosis Innovation
Prognosis Innovation 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, Practice Fusion, Flatiron Health, 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 EHR system is provided for physicians' practices.
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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 |
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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Frequently Asked Questions about Prognosis Innovation
When was Prognosis Innovation founded?
Prognosis Innovation was founded in 2010.
Where is Prognosis Innovation located?
Prognosis Innovation is headquartered in Houston, United States. It is registered at Houston, Texas, United States.
Is Prognosis Innovation a funded company?
Prognosis Innovation is a funded company, having raised a total of $14.66M across 4 funding rounds to date. The company's 1st funding round was a Unspecified of $7M, raised on Nov 12, 2010.
What does Prognosis Innovation do?
Prognosis Innovation was founded in 2010 and is headquartered in Houston, United States. An integrated platform is offered in the healthcare sector, encompassing electronic health records (EHR), electronic medical records (EMR), patient accounting, and general financial systems. Operations focus on supporting workflows and practices tailored to rural and community hospitals throughout the US.
Who are the top competitors of Prognosis Innovation?
Prognosis Innovation's top competitors include Modernizing Medicine, Eka Care and Flatiron Health.
What products or services does Prognosis Innovation offer?
Prognosis Innovation offers Hospital EHR, Ambulatory EHR, Revenue Cycle Management, Analytics, and Patient Engagement Software.
How many acquisitions has Prognosis Innovation made?
Prognosis Innovation has made 1 acquisition, including Medgenix.com.
Who are Prognosis Innovation's investors?
Prognosis Innovation has 1 investor. Key investors include Azalea Health.