NexHealth

NexHealth

Healthcare technology platform for patient engagement

About

NexHealth enhances the patient experience in healthcare by providing a digital platform for healthcare providers, including dental and medical practices. Their software integrates patient communication, scheduling, and billing into one comprehensive system. The platform includes features like online scheduling, automated reminders, digital forms, and online bill payment, which help practices operate more efficiently and improve patient satisfaction. Unlike many competitors, NexHealth offers its services on a subscription basis, allowing practices to access their tools without large upfront costs. The company's goal is to support healthcare providers in modernizing their operations and improving patient engagement, especially in response to challenges like the COVID-19 pandemic.

Company Stage

Series C

Employees

201-500

Industries

Enterprise Software, Healthcare

Total Funding

$172.3M

Headquarters

San Francisco, California

Founded

2017


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Simplify's Take

What believers are saying

  • NexHealth raised $125M in Series C funding, boosting its growth potential.
  • The launch of NexHealth Talk enhances patient communication with integrated online phone solutions.
  • Partnership with DentalROI expands NexHealth's reach in the dental industry.

What critics are saying

  • Increased competition from companies like Tendo Systems threatens NexHealth's market share.
  • Rapid technological advancements require continuous innovation, straining NexHealth's resources.
  • Subscription-based revenue model exposes NexHealth to financial risks during economic downturns.

What makes NexHealth unique

  • NexHealth offers a comprehensive platform integrating patient communication, scheduling, and billing.
  • The company provides a standardized API for seamless integration with existing healthcare systems.
  • NexHealth's SaaS model allows healthcare providers to access tools without significant upfront investment.

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Growth & Insights
Headcount

6 month growth

-10%

1 year growth

-24%

2 year growth

-24%

Benefits

Competitive salary

Equity

Medical, dental & vision

Unlimited PTO

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