Tebra raises $72M to scale its operating system for independent practices – MedCity News

As physician practices work to modernize their technology and become more consumer-focused, their efforts are often complicated by a sea of vendors selling point solutions.

One startup wants to change that.

“So many of them are using four or five different products in their practice and have no in-house IT — it’s tough to stitch together a solution that way,” said Dan Rodrigues, co-founder and CEO of Tebra, a company that formed last year to address this problem.

Tebra was founded in November as a result of a merger between PatientPop, a provider of healthcare marketing and practice management software, and Kareo, which sells cloud-based clinical and financial software. On Thursday, the company, which has dual headquarters in Newport Beach and Santa Monica, announced it raised more than $72 million in funding and reached a valuation greater than $1 billion. Golub Capital led the investment, which includes both growth equity and debt financing.

By combining the technology of…

Read Full Story: https://medcitynews.com/2022/07/tebra-raises-72m-to-scale-its-operating-system-for-independent-practices/

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