NexHealth secures $125 million in latest funding round to continue growing its patient experience software platform
NexHealth, a premier patient experience platform for patients, doctors, and developers, announced announced it has closed $125 million in a Series C financing round, enabling the company to drive strategic talent acquisitions to advance NexHealth’s mission to accelerate innovation in healthcare.
In addition to developing new doctor-facing platform features designed to streamline the patient experience, such as one-click booking and integrated forms, NexHealth will expand its integrations with practice management systems and EHRs to provide developers and healthtech entrepreneurs with greater access to healthcare record systems through its universal API.
With its developer-centric approach, NexHealth’s API provides a gateway to patient health records for developers so they can rapidly innovate and go to market with new technology solutions.
The funding round was led by Buckley Ventures, with additional participation from Lachy Groom, Jack Altman, Scott Belsky, Shreyas Doshi, Eric Glyman, Shahed Khan, Packy McCormick, and Rahul Vohra.
This latest capital brings the company to a $1 billion valuation, marking investor confidence in NexHealth’s path towards digitizing the front-end patient experience, automating the back-end administrative processes for providers, and building a universal API to empower developers to build the next great healthcare product.
“Consumers have frictionless digital experiences when doing virtually anything except visiting the doctor’s office,” said Alamin Uddin, CEO. “We’ve come to expect very little innovation in the healthcare world, and NexHealth is here to change that, accelerating innovation in healthcare by connecting patients, doctors, and developers.”
NexHealth’s Universal API integrates healthcare data from many EHR systems to break down the data silos that have traditionally slowed the pace of healthtech innovation. Healthtech companies including Quip, Swell, and SmileDirectClub have partnered with NexHealth to enable their developers to build and deploy new products faster for patients and doctors.
This news follows significant momentum over the last year. NexHealth expanded its customer base, bringing on large enterprises including Mid-Atlantic Dental Partners, Coast Dental, and Jefferson Dental, and now manage 68 million patient records.
For more information about this news, visit www.nexhealth.com.