Tebra Secures More Than $72 Million at Over $1 Billion Valuation to Expand Digital Healthcare Technology Platform

Investment Solidifies Tebra’s Position as the Digital Backbone for Independent Practices; Accelerates R&D to Power a New Era of Healthcare Tebra, the digital backbone for independent healthcare practices, today announced that it has closed more than $72 million in funding at a valuation greater than $1 billion. Golub Capital led the investment which includes both growth equity and debt financing. Late last year, Kareo and PatientPop, cloud-based leaders in clinical, financial, and practice growth technology, joined forces to form Tebra to support the connected independent practice of the future and modernize patient care. This capital infusion will accelerate Tebra’s merger plans including expanding market share, developing and launching the combined product line and advancing the new branding for the company. Tebra supports over 100,000 providers who are delivering care to more than 90 million patients in the U.S. A New Era of Healthcare Consumers expect digital access, simplicity and convenience in all aspects of their lives. You can quickly research and order a meal online, hail a ride, and buy a car from your smartphone. Meanwhile, healthcare has been left behind in a sea of complexity and fractured solutions. Tebra is simplifying and modernizing this experience through a platform of tools built for the new era of healthcare. The platform connects patients to the best providers in seconds and delivers a modern, digital-first patient experience. Tebra is the Digi...
Source: EMR and HIPAA - Category: Information Technology Authors: Tags: Ambulatory EMR-EHR Health IT Company Healthcare IT CommonFund Dan Rodrigues EHR Funding EHR Investment Golub Capital Health IT Funding Health IT Fundings Health IT Investment HLM Venture Partners Kareo Montreux Equity Partners Source Type: blogs