StrataPT offers a SaaS platform that combines electronic medical records (EMR), revenue cycle management (RCM), billing, and collections into a single solution for outpatient therapy practices. The product is designed to accelerate billing and improve cash flow, helping practices realize a nearly 100% reimbursement rate. The company publishes aggregate data and analysis on reimbursement rates and benchmarks across states and practices. StrataPT is led by CEO Paul Singh and founder Kim Peacock. The company plans to use newly raised funds to expand operations and broaden its business reach. Its stated focus is reducing administrative burden so practitioners can concentrate on patient care.

Total raised

$25M

Funding rounds

1

Latest round

Equity

Latest activity

Oct 2024