Kareo Secures $15 Million in New Capital

October 24th, 2014 by Kareo

Tweet This Kareo StoryKareo has received $15 million in mezzanine debt from Escalate Capital Partners, an institutionally backed mezzanine fund that invests in high growth companies in the technology, healthcare, and Software-as-a-Service (SaaS) industries. In 2014, Kareo has secured a total of $47 million in funding, reinforcing the company’s unprecedented growth and further enhancing Kareo’s role as the independent physician’s trusted partner.

“The shift toward consumer-driven care is continuing to gain momentum,” says Dan Rodrigues, founder and CEO of Kareo, “and we believe that independent practices are uniquely positioned to benefit from this trend and provide the most appropriate and highest quality care to patients. We are delighted to have the backing and confidence of Escalate as we further enhance our products to better support small practices.”

Kareo’s mission has been affirmed by its significant growth. The company has been consistently recognized as one of the fastest growing private companies in the U.S., realizing a 552 percent increase in revenue over the past three years.

The latest financing brings Kareo’s total capital raised to $90MM. New investor Escalate Capital Partners joins Kareo’s group of esteemed institutional investors, which also include OpenView Venture Partners, Greenspring Associates, Stripes Group, Silicon Valley Bank and Western Technology Investments.

For more about this latest investment in Kareo, read the full press release.

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Kareo Is Medical Economics Top 50 EHR Vendor

October 22nd, 2014 by Kareo

Medical Economics Top 50 EHR VendorsKareo announced today that it has been named as a top 50 EHR software vendor by Medical Economics. In an exclusive report unveiled to help physicians make better software decisions, editorial staff selected vendors based on their status as a complete ambulatory EHR solution as well as current revenue estimates.

“It’s gratifying to be recognized as a top 50 EHR vendor by Medical Economics,” said Dan Rodrigues, CEO and founder of Kareo. “Today more private practice providers and managers recognize that technology and technology-enabled services are the key to long-term practice viability and quality care delivery. With our integrated EHR, practice management and billing services platform, we are well positioned to service their needs today and as their requirements evolve in the future.”

Today’s announcement follows another top ranking for Kareo EHR earlier this year. In May, Brown-Wilson’s Black Book Rankings Survey ranked Kareo as the top integrated electronic health records (EHR), practice management (PM), and revenue cycle management (RCM) software vendor.

These and other accolades that Kareo has received in 2014 highlight the success Kareo has had offering an integrated platform of products and services designed to help independent physicians get paid faster, run their business smarter, and provide better care.

For more about the Medical Economics Top 50 EHRs, read the full press release.

 

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Come See Kareo at AAFP Booth 1848

October 21st, 2014 by Kareo

AAFP AssemblyAre you headed out to AAFP in Washington, D.C.? So are we! Come by and see us at booth 1848.

Our team of Kareo experts will be ready and waiting at the booth to talk to you one-on-one about the award-winning Kareo solutions. Get a personal demonstration of Kareo Practice Management and Kareo EHR. Chat about the potential benefits of outsourcing your billing. Or talk about our affordable Simple Start program for new practices.

You may have heard about Kareo when we were ranked #1 seamless practice management, revenue cycle management, and EHR the last two years in a row. Or maybe you saw that we were ranked in the Top 100 EHRs by Medical Economics. But you still haven’t checked out what we can do for your practice. Now is your chance to see how easy Kareo is to use for yourself.

Already a Kareo customer? Come by the booth. We have some fun giveaways for you if you are signed up for Friends of Kareo or if you sign up while you are at AAFP.

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Visit Kareo at PAHCOM

October 20th, 2014 by Kareo

PAHCOM Annual Conference

The 26th Annual PAHCOM Conference starts tomorrow, October 21 in Clearwater Beach, Florida, and Kareo will be there!

Stop by booth #15 and say hi to Mike, the Kareo expert who will be on site. It’s a great chance to talk one-on-one with him and get an personal demo. You can see our affordable, easy-to-use software in action, and get all of your questions answered.

Already a customer? We’ve got a little something for you too. If you are a Friend of Kareo or would like to be, let Mike know and get your free gift!

Hope to see you there!

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Check Out Physician Social Media Tips in October Kareo Newsletter

October 10th, 2014 by Kareo

The October edition of the Kareo Getting Paid Newsletter takes a look at using LinkedIn, some best practices for work life balance and some handy tools to improve your medical billing. The newsletter also provides a chance to discover upcoming events, news, and resources from Kareo. Plus, you’ll learn about how to register for our upcoming free educational webinar, Define Your Online Reputation: A Social Media Approach, presented by physician social media expert Kevin Pho, MD. Read all this and more now!

October Kareo Getting Paid Newsletter

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Welcome to Building Kareo, a weblog by the team at Kareo about our products, our partners & competitors, medical billing, healthcare information technology, and much more.

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