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
    bflowsolutions

    bflowsolutions

    Healthcare Software

    Cloud Tech Business Management and Billing Software for Healthcare

    $1M

    11

    2012

    Healthcare Software

  2. 02
    RXTransparent

    RXTransparent

    Healthcare Software

    RXTransparent is the first and only DSCSA compliance solution that provides visibility and transparency throughout the entire healthcare supply chain.

    $1M

    11

    2014

    Healthcare Software

  3. 03
    Livo

    Livo

    Healthcare Software

    Flexible mobile app platform helps midsize companies to roll out enterprise grade, rich mobile applications with only web development skills without complex iOS or Android code development

    $1M

    $150K

    1

    2016

    Healthcare Software

  4. 04
    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!

    $1M

    1K

    1980

    Healthcare Software

  5. 05
    Basepair

    Basepair

    Healthcare Software

    NGS analysis solutions

    $1M

    $100K

    1

    2015

    Healthcare Software

  6. 06
    Nuwe

    Nuwe

    Healthcare Software

    We believe every user has the power to be a producer and a maker, not just a consumer. It’s our mission to transform the status of users. What makes people happy is creating, not just consuming. Nuwe believes that when digital solutions serve persona...

    $1M

    $568K

    1

    2012

    Healthcare Software

  7. 07
    eCompliance

    eCompliance

    Healthcare Software

    eCompliance is the first Environmental Health and Safety app aimed at front-line users, and an EHS software built with safety management in mind

    $1M

    11

    2006

    Healthcare Software

  8. 08
    Phynd-Technologies

    Phynd-Technologies

    Healthcare Software

    Phynd is an industry-leading solution for a centralized enterprise provider data management at scale.

    $1M

    $11M

    56

    2012

    Healthcare Software

  9. 09
    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...

    $1M

    $10M

    11

    2014

    Healthcare Software

  10. 10
    echoBase

    echoBase

    Healthcare Software

    Mobile iPad / iPhone interface application for Physicians - Software developer echoBase delivers Resonate - a single, secure iOS mobile interface for clinicians to access patient data in existing EMR and other clinical systems. Any host system, an...

    $1M

    $2M

    1

    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.