DrChrono offers a platform combining EHR, practice management, medical billing, revenue cycle management and partner API solutions for medical practices. The company is used by thousands of physicians and its providers care for over 28 million patients. DrChrono reports it has facilitated millions of appointments and processed more than $11 billion of medical billing to date. The company intends to expand its telehealth offerings, grow operations, and enhance its EHR, practice management, medical billing and partner API areas. Its product set targets operational and revenue-cycle needs for modern medical practices. The platform and services are positioned to support continued growth in digital care delivery and billing volume. DrChrono develops a platform and services for modern medical practices to enable more informed, interactive, and personalized care decisions. The open DrChrono Platform powers electronic health record (EHR), practice management, medical billing, and revenue cycle management solutions for physicians and patients. It is fully extensible via an API and a marketplace of applications and services. The platform is currently used by thousands of physicians and over 17.8 million patients. The company raised $20M in growth funding from Orix Growth Capital. DrChrono intends to use the proceeds to invest further in its technology platform (EHR, medical billing and API) and to expand engineering, sales, and support functions to increase market share. DrChrono offers an integrated EHR and practice management platform with medical billing, revenue cycle management and a patient portal. The product includes customizable medical forms, e-prescribing, real-time patient eligibility checks, an App Directory of healthcare apps and an API for developers. The company has built native experiences for iPad, iPhone, Apple Watch and the web. Led by Daniel Kivatinos, Co‑Founder and COO, DrChrono serves physician practices and integrates billing and practice workflows. The company raised $10M in venture debt to support growth and technology investment. DrChrono intends to use the funds to accelerate growth, expand engineering, sales and support, invest in its technology platform and grow market share. drchrono provides an integrated medical practice management platform handling electronic medical records, billing, and scheduling for small practices. The company has been listed among the fastest-growing private companies and says it has served more than 8 million patients and processed over $3.5 billion in medical claims. drchrono is an Apple mobile enterprise partner, enabling integration of patient information on iPads, smartphones and the Apple Watch. It has integrated with larger service providers such as ZocDoc and DemandForce. The company plans to expand its software and mobile applications into larger hospitals and medical clinics to win customers leaving legacy EHR platforms. drchrono reports $12 million in annual recurring revenue and will use the new funding to accelerate marketing and build out infrastructure. drchrono offers a mobile electronic health record (EHR) platform that lets providers access and input patient medical data directly from Android and iOS devices. The company also operates a patient-facing app called onpatient that allows patients to track medical data and receive health updates from their doctor. drchrono has extended its platform to wearable devices with physician- and patient-facing Apple Watch apps and added Touch ID support for iPad and iPhone to improve security and convenience. In a Black Book survey of more than 30,000 physicians, drchrono was ranked the number one mobile EHR. Financially, the company has raised $2 million in its latest financing and has taken in at least $8.25 million in total funding to date.

Total raised

$62M

Funding rounds

8

Latest round

Equity

Latest activity

Jun 2021