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
    Certify Global

    Certify Global

    Healthcare Software

    The company primarily operates in the Software industry. CERTIFY GLOBAL is headquartered in Potomac, MD. Similar Companies include Corelogic (Management software company), FactSet Research Systems, and LexisNexis Group.

    $5M

    59

    1996

    Healthcare Software

  2. 02
    Sirenum

    Sirenum

    Healthcare Software

    Sirenum is a WFM platform for employers to put the right shift worker in the right place at the right time and pay the right amount.

    $5M

    $4M

    55

    Healthcare Software

  3. 03
    Doctible

    Doctible

    Healthcare Software

    Developer of healthcare practice marketing and automation platform designed to give healthcare practice a strong digital footprint. The company's healthcare platform engages patients and automates back-office workflow to streamline patient and provider int

    $5M

    56

    2013

    Healthcare Software

  4. 04
    Equip Health

    Equip Health

    Healthcare Software

    Provider of a recruiting platform. The company provides a Saas based recruiting platform which helps in the management of the hiring process.

    $4M

    53

    2015

    Healthcare Software

  5. 05
    AxiaMed

    AxiaMed

    Healthcare Software

    Provider of payment platform offered through online and mobile devices for patients. The company's technology platform aims to improve the financial performance of healthcare providers through integration with various revenue cycle, practice management, EH

    $4M

    51

    2014

    Healthcare Software

  6. 06
    Valant

    Valant

    Healthcare Software

    Developer of web-based electronic medical record system. The company develops software with integrated practice management that enables psychiatrists and other behavioral health professionals to manage billing system and maintain electronic medical records

    $4M

    50

    2005

    Healthcare Software

  7. 07
    Healthloop

    Healthloop

    Healthcare Software

    HealthLoop is a cloud-based platform that automates patient engagement follow-up care. We coordinate care to reduce costs, improve outcomes and drive a 5-star patient experience.

    $4M

    $34M

    70

    329

    2013

    Healthcare Software

  8. 08
    MocDoc

    MocDoc

    Healthcare Software

    $4M

    47

    2012

    Healthcare Software

  9. 09
    Portavita

    Portavita

    Healthcare Software

    Portavita established in 2002 in Amsterdam, is a leading Dutch eHealth supplier with proven experience in innovative healthcare delivery. Portavita's Health Management Platform (HMP) supports 70 regional organisations (in the Netherlands, Russia, Suriname,

    $4M

    47

    2002

    Healthcare Software

  10. 10
    Casamba

    Casamba

    Healthcare Software

    Casamba is a designer and developer of automation software. The company designs software which caters to the needs of the healthcare industry and is engaged in establishing electronic medical records of patients. It was founded in 1997 and is headquartered

    $4M

    46

    1997

    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.