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 features online scheduling, automated reminders, digital forms, and online bill payment, which help practices operate more efficiently and improve patient satisfaction. Unlike many competitors, NexHealth operates on a subscription-based model, allowing practices to access their tools without large upfront costs. Their 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

N/A

Founded

2017


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Simplify's Take

What believers are saying

  • The $125M Series C funding round and $1B valuation highlight strong investor confidence and provide substantial resources for growth.
  • Partnerships like the one with DentalROI enhance NexHealth's market reach and service capabilities.
  • NexHealth's proactive response to the COVID-19 pandemic showcases their adaptability and commitment to supporting healthcare providers in challenging times.

What critics are saying

  • The competitive landscape in healthcare technology is intense, requiring NexHealth to continuously innovate to maintain its edge.
  • Integration challenges with acquired companies like Enlive Dental could pose operational risks.

What makes NexHealth unique

  • NexHealth's comprehensive platform integrates patient communication, scheduling, and billing, offering an all-in-one solution that many competitors lack.
  • Their SaaS model allows healthcare providers to access advanced digital tools without significant upfront investment, making it more accessible for smaller practices.
  • The recent launch of NexHealth Talk and their API demonstrates a commitment to continuous innovation and expanding their service offerings.

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Growth & Insights
Headcount

6 month growth

-15%

1 year growth

-26%

2 year growth

-22%

Benefits

Competitive salary

Equity

Medical, dental & vision

Unlimited PTO

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