About Tonic Health
Tonic Health is a company based in Palo Alto (United States) founded in 2010 was acquired by Luma Health in November 2025. It operates as a SaaS (Software-as-a-Service). Tonic Health has raised $9.54 million across 6 funding rounds from investors including Luma Health, Hearst and SCI Solutions. Tonic Health offers products and services including Patient Intake & Check-In, eConsents, Patient Payments, Patient Screening, and Patient Satisfaction. Tonic Health operates in a competitive market with competitors including Navina, Epion Health, Digital Assent, ikHerstel and Phrazer, among others.
- Headquarter Palo Alto, United States
-
Sectors
Healthcare
-
Email
Locked
-
Phone
Locked
-
Website
Locked
-
Social
Locked
- Legal Name R1 Rcm, Inc.
-
Annual Revenue
Not available
-
Net Profit
Not available
-
EBITDA
Not available
-
Total Equity Funding
$9.54 M (USD)
in 6 rounds
-
Latest Funding Round
$6.41 M (USD), Series A
Jun 16, 2016
-
Investors
Luma Health
& 2 more
-
Employee Count
Not available
- Acquired by
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Tonic Health
Tonic Health offers a comprehensive portfolio of products and services, including Patient Intake & Check-In, eConsents, Patient Payments, Patient Screening, and Patient Satisfaction.
A platform for mobile patient intake and check-in.
Manages consent forms across various healthcare settings.
Facilitates collection of co-pays and past balances.
Provides risk assessments and screeners for conditions.
Customizes post-visit surveys for real-time data collection.
Funding Insights of Tonic Health
Tonic Health has successfully raised a total of $9.54M across 6 strategic funding rounds. The most recent funding activity was a Series A round of $6.41 million completed in June 2016. 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 Tonic Health
Tonic Health has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include Luma Health, Hearst and SCI Solutions.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Media conglomerate
|
Locked | Locked | Locked | |
|
Provides patient access, and care coordination software
|
Locked | Locked | Locked | |
|
Unfilled appointments are managed for healthcare providers through web-based tools.
|
Locked | Locked | Locked |
Investor details for Tonic Health
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
- Funding rounds
- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Tonic Health
Investment portfolio details for Tonic Health
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
Financial Statements - Tonic Health
Detailed financials for Tonic Health
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
Tonic Health Comparisons
Peer comparison for Tonic Health
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
Verified entity values are shown only after access is granted.
Competitors of Tonic Health
Tonic Health 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 Navina, Epion Health, Digital Assent, ikHerstel and Phrazer, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked |
Healthcare data is transformed into actionable patient portraits using AI.
|
|
| Locked | Locked | Locked |
Cloud based platform for patient and care providers engagement
|
|
| Locked | Locked | Locked |
Tablet-based solutions for patient engagement in healthcare are offered.
|
|
| Locked | Locked | Locked |
Personalized recovery services are provided to post-surgery patients.
|
|
| Locked | Locked | Locked |
Multilingual communication systems for healthcare patient interactions are provided.
|
Detailed competitors of Tonic Health
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Tonic Health
Complete news archive for Tonic Health
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Tonic Health
Tonic Health was founded in 2010 and raised its 1st funding round 2 years after it was founded.
Tonic Health is headquartered in Palo Alto, United States. It is registered at Palo Alto, California, United States.
Tonic Health is a funded company, having raised a total of $9.54M across 6 funding rounds to date.
Tonic Health, now part of R1 RCM, Inc., is focused on transforming the patient experience in healthcare. A mobile platform for patient intake, contactless check-in, and payments is offered. Solutions for eConsents, patient screening, satisfaction surveys, and reported outcomes are included. The healthcare sector is primarily served, with emphasis on large enterprise health systems. Integration with electronic health records (EHR) and compliance with HIPAA standards are ensured. Real-time data collection and reporting tools are provided to streamline patient interactions.
Tonic Health's top competitors include Navina, Epion Health and Digital Assent.
Tonic Health offers Patient Intake & Check-In, eConsents, Patient Payments, Patient Screening, and Patient Satisfaction.
Tonic Health has 3 investors. Key investors include Luma Health, Hearst, and SCI Solutions.