Phreesia

Phreesia

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Innovative point-of-service platform drives efficiency and profitability throughout your organization. Learn more

Launch date
Employees
Market cap
-
Net debt
-
Enterprise valuation
$1.2b (Public information from Jun 2024)
Wilmington Delaware (HQ)
Deals in current and previous year:

Financials

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Revenues, earnings & profits over time
USD2021202220232024202520262027
Revenues0000000000000000000000000000
% growth19 %43 %32 %27 %20 %19 %17 %
EBITDA0000000000000000000000000000
% EBITDA margin(7 %)(45 %)(54 %)(29 %)3 %8 %12 %
Profit0000000000000000000000000000
% profit margin(18 %)(55 %)(63 %)(38 %)(22 %)(14 %)(9 %)
EV / revenue00.0x00.0x00.0x00.0x00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x00.0x00.0x00.0x00.0x
R&D budget0000000000000000000000000000
R&D % of revenue15 %25 %32 %32 %---
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$167m

Valuation: $603m

7.5x EV/LTM Revenues

-122.7x EV/LTM EBITDA

IPO
Total Funding000k

Recent News about Phreesia

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More about Phreesiainfo icon
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Phreesia is a healthcare technology company that specializes in automating the patient intake process for medical practices. The company provides a comprehensive platform designed to streamline front-office operations, reduce wait times, and enhance the overall patient experience. Phreesia serves a wide range of clients, including hospitals, clinics, and private medical practices, primarily in the United States healthcare market.

Phreesia's core product is its patient intake software, which automates various administrative tasks such as appointment scheduling, insurance verification, and payment processing. This software allows healthcare providers to focus more on patient care by reducing the time spent on paperwork and administrative duties. The platform also includes features like real-time patient surveys, clinical and behavioral health screenings, and data analytics to help healthcare organizations improve patient satisfaction and operational efficiency.

The company operates on a Software-as-a-Service (SaaS) business model, meaning clients subscribe to use Phreesia's software on a recurring basis. This model provides a steady stream of revenue for the company. Phreesia makes money through subscription fees, transaction fees for payment processing, and additional charges for premium features and services.

Phreesia's platform integrates seamlessly with leading Electronic Medical Record (EMR) and Practice Management (PM) systems, ensuring that patient data is automatically updated and easily accessible. This integration helps healthcare providers maintain accurate records and improve the quality of care they deliver.

In summary, Phreesia is a key player in the healthcare technology market, offering solutions that enhance patient engagement, streamline administrative processes, and improve overall efficiency for medical practices.

Keywords: healthcare technology, patient intake, automation, SaaS, medical practices, patient engagement, data analytics, payment processing, EMR integration, operational efficiency.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.

Investments by Phreesia

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Insignia Health
ACQUISITION by Phreesia Dec 2021
Comsort( DBA MediFind)
ACQUISITION by Phreesia Jul 2023
Access eForms
ACQUISITION by Phreesia Sep 2023