The Top Healthcare Software SaaS Companies

As of Jan 2020, these 744 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 744 companies with combined revenues of $11.5B.

These companies have raised a total of $209.3M. Together, these Healthcare Software saas companies serve 2B 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. 11
    Cleared4

    Cleared4

    Healthcare Software

    $954K

    12

    2017

    Healthcare Software

  2. 12
    Artifact Health

    Artifact Health

    Healthcare Software

    Developer of a cloud-based platform intended to standardize the physician query process for clinical documentation improvement and accurate medical coding. The company operates a complete platform for physician query management, thereby helping them respon

    $949K

    16

    2014

    Healthcare Software

  3. 13
    Clinical Force

    Clinical Force

    Healthcare Software

    Provider of clinical trials management system. The company is engaged in developing software for the life science industry including small to medium sized life science organizations that are looking to improve current clinical processes by the adoption of

    $939K

    13

    1999

    Healthcare Software

  4. 14
    Talix

    Talix

    Healthcare Software

    Developer and provider of patient data analytics technology for risk adjustment and other value-based care challenges. The company utilizes proprietary natural language processing and machine learning techniques to mine unstructured patient data. Its propr

    $934K

    12

    2015

    Healthcare Software

  5. 15
    ChronicCareIQ

    ChronicCareIQ

    Healthcare Software

    ChronicCareIQ was found by Matt Ethington in 2015. The founder was diagnosed with Type 1 Diabetes at the age of 30, a highly unusual and late diagnosis for a type 1 diabetic. Matt quickly discovered and learned about the patient experience in a chronic car

    $933K

    11

    2015

    Healthcare Software

  6. 16
    Luminate Health

    Luminate Health

    Healthcare Software

    Provider of an easy and cost-effective digital platform designed to offer online access to lab results related to health data. The company's cost-effective digital platform gives patients direct digital access to their lab results in a way that helps them

    $926K

    11

    2012

    Healthcare Software

  7. 17
    StaffBridge

    StaffBridge

    Healthcare Software

    Created in response to an overwhelming demand from healthcare clients and staffing companies alike, StaffBridge Technology is the only comprehensive, vendor-neutral workforce management solution of its kind. Our proprietary technology seamlessly integrate

    $926K

    11

    2017

    Healthcare Software

  8. 18
    Quantuvis

    Quantuvis

    Healthcare Software

    Developer of SaaS based healthcare IT platform designed to revolutionize the rebate negotiation process. The company's healthcare IT platform solicits, tracks, captures and evaluates rebate contract negotiations between payers and pharmaceutical manufactur

    $926K

    14

    2013

    Healthcare Software

  9. 19
    VerifyTX

    VerifyTX

    Healthcare Software

    $923K

    1K

    11

    2016

    Healthcare Software

  10. 20
    Cary Rx Inc

    Cary Rx Inc

    Healthcare Software

    Provider of an online pharmacy platform intended to deliver on-demand prescriptions. The company's online pharmacy platform permits patients or their doctors to order prescriptions using a mobile application and get free delivery inside the District throug

    $922K

    11

    2016

    Healthcare Software

11-20 of 386

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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.