The Top Healthcare Software SaaS Companies

As of Jan 2020, these 742 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 742 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. 01
    DataLink Fund Solutions

    DataLink Fund Solutions

    Healthcare Software

    Developer of medical software intended to quickly and powerfully manage their patients and financial data. The company's application helps in viewing patient scorecards, chronic care management, medical billing and cloud-based electronic health record syst

    $10M

    142

    2002

    Healthcare Software

  2. 02
    Enovate Medical

    Enovate Medical

    Healthcare Software

    Manufacturer and provider of mobile and wall-mounted clinical workstations. The company designs mobile and fixed workstation solutions and services which helps to document right at the bedside and improves clinical workflows and develops integrated worksta

    $10M

    159

    2013

    Healthcare Software

  3. 03
    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

  4. 04
    Revel

    Revel

    Healthcare Software

    Developer of a health technology platform created to reinvent health engagement. The company's platform Revel Connect provides strong integration for greater efficiency while creating personalized experiences to support more meaningful connections and deli

    $10M

    $17M

    123

    2017

    Healthcare Software

  5. 05
    Medrio

    Medrio

    Healthcare Software

    Developer of eClinical software products designed for clinical studies in all phases and therapeutic areas. The company's software platform and a mobile suite of products provide a web-based electronic data for clinical research applications and also suppo

    $10M

    $32M

    163

    2005

    Healthcare Software

  6. 06
    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

  7. 07
    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

  8. 08
    Medable

    Medable

    Healthcare Software

    Developer of an online platform designed to accelerate the path to human discovery and medical cures. The company offers an end-to-end, cloud-based platform with a flexible suite of tools for clinical trials and provides automated alerts and notifications

    $9M

    $203M

    277

    2012

    Healthcare Software

  9. 09
    Ingenious Med

    Ingenious Med

    Healthcare Software

    Developer of a cloud-based practice performance management platform designed to address the unanswered needs of the healthcare providers with useable services. The company's cloud-based practice performance management platform provides real-time insights a

    $9M

    168

    1999

    Healthcare Software

  10. 10
    Vivify Health

    Vivify Health

    Healthcare Software

    Developer of a digital health platform designed to offer virtual interaction between patients and doctors. The company's platform offers automatic remote biometric data collection, delivering prescriptive care plans and patient interaction, enabling patien

    $9M

    $23M

    150

    2009

    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.