The Top Healthcare Software SaaS Companies

As of Jan 2020, these 251 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 251 companies with combined revenues of $4.2B.

These companies have raised a total of $209.3M. Together, these Healthcare Software saas companies serve 16K customers and employ over 24K on their teams.

$0 - $1M ARR
  1. Basepair $1.0M
  2. Nuwe $1.0M
$1M - $5M ARR
  1. Sirenum $5.0M
  2. Doctible $4.7M
  3. AxiaMed $4.3M
$5M - $10M ARR
  1. jane.app $9.7M
  2. M2S $9.4M
  3. R1-RCM $9.2M
  4. NowPow $8.3M
  5. Verato $7.9M
$10M+ ARR
  1. Practo $2.0B
  2. Perspecta $732.7M
  3. Lybrate $162.0M
  1. 01
    jane.app

    jane.app

    Healthcare Software

    Developer of a medical practice management software designed for online booking, charting and scheduling. The company's medical practice management software makes easy for patients to visit, manage and schedule their visits, while also helping medical prac

    $10M

    116

    2011

    Healthcare Software

  2. 02
    M2S

    M2S

    Healthcare Software

    Provider of technology services to healthcare industry. The company provides technology services to manage clinical information, reduce costs and improve the quality of patient care.

    $9M

    112

    1997

    Healthcare Software

  3. 03
    R1-RCM

    R1-RCM

    Healthcare Software

    R1 RCM is an American healthcare revenue cycle management company servicing hospitals, health systems and physician groups across the United States.

    $9M

    $1M

    102

    2003

    Healthcare Software

  4. 04
    NowPow

    NowPow

    Healthcare Software

    Owner and operator of a knowledge utility and technology company. The company designs and develops a healthcare community platform that offers information to create a social impact in under-served populations related to healthcare sectors.

    $8M

    99

    2015

    Healthcare Software

  5. 05
    Verato

    Verato

    Healthcare Software

    We help healthcare organizations gain 360° views of people with our next generation master patient index. Get a demo of Verato' today.

    $8M

    $35M

    89

    2012

    Healthcare Software

  6. 06
    MediFox GmbH

    MediFox GmbH

    Healthcare Software

    Developer of enterprise system software for outpatient and inpatient care providers and therapy practices in Germany. The company's software services support care providers with key services including resource and route planning, care and support documenta

    $7M

    89

    1994

    Healthcare Software

  7. 07
    Pcihipaa

    Pcihipaa

    Healthcare Software

    Protect the healthcare industry

    $7M

    3K

    50

    2012

    Healthcare Software

  8. 08
    CBA Informatique

    CBA Informatique

    Healthcare Software

    Developer of a SaaS based platform enabling medical professional to track and maintain their daily activities. The company's software offers complete accounting solutions, reminders of unpaid bills from credit unions and primary health insurance funds, ena

    $7M

    85

    1987

    Healthcare Software

  9. 09
    iPlato Healthcare

    iPlato Healthcare

    Healthcare Software

    iPLATO is the developer of myGP - a patient engagement platform that simplifies access to healthcare

    $7M

    $2M

    65

    2007

    Healthcare Software

  10. 10
    Wolters-Kluwer

    Wolters-Kluwer

    Healthcare Software

    Wolters Kluwer NV is an American Dutch information services company.

    $7M

    100

    1836

    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.