The Top Healthcare Software SaaS Companies

As of Jan 2020, these 739 SaaS companies are the largest in the Healthcare Software space. (Click to apply)

This list tracks the largest private B2B Healthcare Software SaaS companies by revenue. In total, this list features 739 companies with combined revenues of $11.5B.

These companies have raised a total of $209.3M. Together, these Healthcare Software saas companies serve 332M customers and employ over 83K on their teams.

$0 - $1M ARR
  1. MedStack $1.0M
  2. OncoLens $990.4K
  3. LH 360 $988.6K
$1M - $5M ARR
  1. Sirenum $5.0M
  2. RxNT $4.8M
$5M - $10M ARR
  1. jane.app $9.7M
  2. Revel $9.7M
  3. Medrio $9.5M
$10M+ ARR
  1. Perspecta $4.5B
  2. Practo $2.0B
  3. ExitCare $474.2M
  1. 11
    Redoxengine|Redox

    Redoxengine|Redox

    Healthcare Software

    Connect to any EHR at any health system through a single API platform. Redox provides an integration layer to securely and efficiently exchange healthcare data. Healthcare Organizations and Technology Vendors connect to Redox once and can share data wi...|

    $119M

    $147M

    200

    174

    2014

    Healthcare Software

  2. 12
    WellSky

    WellSky

    Healthcare Software

    WellSky® offers health care software solutions for every kind of care including home health, hospice, blood management, and more. Request a free demo today!

    $84M

    7K

    1K

    1980

    Healthcare Software

  3. 13
    Welltok

    Welltok

    Healthcare Software

    Welltok is a data-driven, enterprise SaaS company that delivers the healthcare industry’s leading consumer activation platform. Welltok’s solutions empower leading health plans, employers, providers and public entities to connect consumers with person

    $84M

    $405M

    60

    424

    2009

    Healthcare Software

  4. 14
    Virgin Pulse

    Virgin Pulse

    Healthcare Software

    Virgin Pulse is a computer software company that provides employee health engagement platforms for its customers. It specializes in employee productivity, employee health, workplace wellness, corporate wellness programs and employee engagement. The company

    $84M

    $92M

    12M

    1K

    2004

    Healthcare Software

  5. 15
    Medusind Solutions

    Medusind Solutions

    Healthcare Software

    Medusind Solutions, one of the leading outsourcing companies, provides integrated healthcare business solutions, both on and offshore.We take pride in utilizing global resources to cover physician practices, hospitals, dental groups, and third party billin

    $67M

    10K

    1K

    2002

    Healthcare Software

  6. 16
    Cyden (iPulse)

    Cyden (iPulse)

    Healthcare software

    CyDen the beauty products firm that supplies cosmetic light treatments for home use.

    $66M

    122

    2012

    Healthcare software

  7. 17
    Unite Us

    Unite Us

    Healthcare Software

    Unite Us is an outcome-focused technology company that builds coordinated care networks to connect health and social service providers together. Our company interconnects providers around each patient, seamlessly integrating the social determinants of heal

    $64M

    565

    2013

    Healthcare Software

  8. 18
    Jellyvision

    Jellyvision

    Healthcare Software

    Build software to explain benefits.

    $60M

    $25M

    1K

    458

    2001

    Healthcare Software

  9. 19
    Convey Health Solutions

    Convey Health Solutions

    Healthcare Software

    Developer of specialized healthcare platforms. The company's offerings include platforms with enrollment, billing, reconciliation and grievance management functions as well as back-office support services, enabling government-sponsored health plans, provid

    $57M

    10M

    1K

    2001

    Healthcare Software

  10. 20
    Lyra Health

    Lyra Health

    Healthcare Software

    Developer of a behavioral health technology designed to provide analytics and screening tools to identify people who can benefit from behavioral health care. The company's behavioral health transforms behavioral health care with a human touch and helps peo

    $53M

    2M

    770

    2015

    Healthcare Software

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What are the fastest growing companies doing?

83 of the fastest growing companies that also have the most revenue have a clear expansion revenue strategy. On average, sales reps are selling plans where starting contract value is $4,606.

Those same companies employ 1,678 sales reps that carry a quota. The most common compensation plan used by these companies is a 1:5 ratio of sales rep on target earnings (OTE) to quota. Meaning if a rep can earn $200k in base and commissions, quota target for that year is set at 5x, or $1m in new ARR closed.

If you’re going to build a high growth SaaS company, you need to figure out how to scale with quota carrying sales reps.

Which CEO’s are the most efficient capital allocators?

We can measure this a variety of ways. Which company has the most revenue per employee? What about dollars in revenue compared to dollars raised? What about time, which founder went from $0 to $10m the fastest?

Looking deeper at dollars in revenue compared to dollars raised, bootstrappers take the cake because they self fund (denominator zero). When we look at companies that have raised at least $1m, Actito is the clear winner generating $21m in revenue, growing 100% yoy, on just 1m raised ($.05 dollars raised for every $1 of revenue).

Omnisend comes in a close second with $.08 dollars raised for every dollar of revenue. Doing $19m as of December 2020. Proposify gets honorable mention with $0.46 dollars raised (3.25m) for every dollar of revenue ($7m).

The worst performers here are companies like YayPay with $3.68 dollars raised ($14m) per dollar of revenue ($3.8m). Many of the worst performers just did a round of funding and haven’t had a chance to deploy to drive growth yet. That makes this data less valuable but still illustrative.