About SourceMedical
SourceMedical is a company based in Wallingford (United Kingdom) founded in 2001 was acquired by Surgical Information Systems in April 2017. SourceMedical has raised $23.5 million across 4 funding rounds from investors including Abry Partners, Surgical Information Systems and VSS. The company has 314 employees as of December 31, 2022. SourceMedical has completed 2 acquisitions, including LaClaro and Medeview. SourceMedical offers products and services including SIS Complete, SIS Anesthesia, and SIS Analytics. SourceMedical operates in a competitive market with competitors including Modernizing Medicine, Practice Fusion, Flatiron Health, Greenway Health and Medsphere Systems, among others.
- Headquarter Wallingford, United Kingdom
- Employees 314 as on 31 Dec, 2022
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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 Surgical Information Systems, Llc
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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
$23.5 M (USD)
in 4 rounds
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Latest Funding Round
Not available
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Investors
Abry Partners
& 3 more
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Employee Count
314
as on Dec 31, 2022
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Investments & Acquisitions
LaClaro
& 1 more
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Acquired by
Surgical Information Systems
(Apr 25, 2017)
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Products & Services of SourceMedical
SourceMedical offers a comprehensive portfolio of products and services, including SIS Complete, SIS Anesthesia, and SIS Analytics.
Platform for simplifying ASC operations and management.
Solution for documenting and managing anesthetic events.
Tool for turning perioperative data into actionable insights.
Funding Insights of SourceMedical
SourceMedical has successfully raised a total of $23.5M across 4 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 SourceMedical
SourceMedical has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Abry Partners, Surgical Information Systems and VSS.
| Investor | Description | Founded Year | Domain | Location |
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Private equity firm focused on healthcare, business services, and education sectors
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Locked | Locked | Locked | |
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Abry Partners is engaged in middle market private equity investments.
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Investor details for SourceMedical
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Investments & Acquisitions by SourceMedical
SourceMedical has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include LaClaro and Medeview.
Investment portfolio details for SourceMedical
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Medical digital solutions are provided for healthcare applications.
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Locked | Locked | 2016 | Locked | |
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Provider of SaaS-based automated workflow and management platform for healthcare professionals
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Locked | Locked | 2009 | Locked |
Complete acquisition details for SourceMedical
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- Acquired stakes
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Verified entity values are shown only after access is granted.
Financial Statements - SourceMedical
Detailed financials for SourceMedical
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- Profit trends
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Verified entity values are shown only after access is granted.
Sourcemedical Comparisons
Peer comparison for SourceMedical
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Competitors of SourceMedical
SourceMedical 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.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked |
AI-driven EMR and practice management software is delivered for clinics.
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Cloud-based EHR system is provided for physicians' practices.
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Cloud-based oncology management tools are provided for cancer care providers.
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| Locked | Locked | Locked |
Clinical and financial solutions are delivered to ambulatory providers.
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| Locked | Locked | Locked |
Open-source healthcare software is provided by Medsphere Systems.
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| Locked | Locked | Locked |
SaaS-based practice management solution is provided for healthcare professionals.
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Detailed competitors of SourceMedical
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Latest news on Sourcemedical
Complete news archive for SourceMedical
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Frequently Asked Questions about SourceMedical
SourceMedical was founded in 2001 and raised its 1st funding round 3 years after it was founded.
SourceMedical is headquartered in Wallingford, United Kingdom.
SourceMedical is a funded company, having raised a total of $23.5M across 4 funding rounds to date.
As of Dec 31, 2022, the latest employee count at SourceMedical is 314.
SourceMedical was founded in 2001 and is headquartered in Wallingford, United Kingdom. Outpatient information solutions and revenue cycle management services are provided to healthcare facilities, including ambulatory surgery centers and rehabilitation clinics. Data capture, exchange, and analysis are enabled through the companys technology to support patient care. Software modules cover billing, inventory management, scheduling, operations, and clinical functions, with operations focused on improving efficiency and revenue in the healthcare sector.
SourceMedical's top competitors include Modernizing Medicine, Eka Care and Flatiron Health.
SourceMedical offers SIS Complete, SIS Anesthesia, and SIS Analytics.
SourceMedical has 4 investors. Key investors include Abry Partners, Surgical Information Systems, VSS, and ABS Capital.