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
    MedStack

    MedStack

    Healthcare Software

    Digital health HIPAA compliance automation

    $1M

    $3M

    70

    18

    2014

    Healthcare Software

  2. 02
    CommonWell Health Alliance

    CommonWell Health Alliance

    Healthcare Software

    Developer of a patient healthcare database management software. The company is developing a database platform for hospitals and physicians to register and access any patient's medical history in the Us.

    $994K

    12

    2013

    Healthcare Software

  3. 03
    OncoLens

    OncoLens

    Healthcare Software

    Developer of a Software as a Service platform intended to replace the labour-intensive process of collecting, presenting and reporting cases for cancer conference. The company's platform merges case-specific clinical decision support criteria, including ap

    $990K

    23

    2016

    Healthcare Software

  4. 04
    Physio-Control

    Physio-Control

    Healthcare Software

    Stryker Corporation is a Fortune 500 medical technologies firm based in Kalamazoo, Michigan.

    $990K

    11

    1955

    Healthcare Software

  5. 05
    LH 360

    LH 360

    Healthcare Software

    Lighthouse 360 is an award-winning platform that helps medical professionals maximize patient visits through automated communications. Our story begins 20 years ago, when Brian Smith and Joel Kozikowski invented a dental practice management software calle

    $989K

    12

    2002

    Healthcare Software

  6. 06
    Galen Data

    Galen Data

    Healthcare Software

    Developer of a medical device connectivity platform designed to provide FDA compliant internet access for medical technologies. The company's software collects device-level data through secure web connections, enabling medical device manufactures to connec

    $988K

    14

    2016

    Healthcare Software

  7. 07
    CloudMedx

    CloudMedx

    Healthcare Software

    Provider of a population health management and health analytics platform. The company's cloud-based SaaS system provides data mining and analysis services to healthcare organizations, along with analysis tools tailored to individual practices and physician

    $984K

    13

    2015

    Healthcare Software

  8. 08
    Swift-Shift

    Swift-Shift

    Healthcare Software

    Swift Shift has been developed specifically for Care Home Managers to make it easier to communicate with their own staff and bank staff. Create schedules in minutes that staff can access from anywhere at any time using the web, mobile phone, or ap...

    $983K

    $10M

    11

    2014

    Healthcare Software

  9. 09
    Iglobaltracking AS

    Iglobaltracking AS

    Healthcare Software

    Developer of cloud-based alarm platform intended to provide monitoring services. The company's platform offers software for mobile and web for pre-hospital services, campus security, home care, personalised security alarms and medical sensors for effective

    $982K

    19

    2011

    Healthcare Software

  10. 10
    BeneStream

    BeneStream

    Healthcare Software

    Provider of businesses innovative cost saving products and services designed to connect qualified employees to government health benefits. The company's businesses innovative cost saving products and services make access to healthcare coverage more afforda

    $965K

    15

    2011

    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.