PatientKeeper is a technology company.
PatientKeeper has raised $27.0M across 3 funding rounds.
PatientKeeper has raised $27.0M in total across 3 funding rounds.
PatientKeeper is a healthcare technology company that develops mobile and web-based applications to optimize electronic health record (EHR) workflows for physicians and providers. Its products, including patient lists, CPOE, charge capture, secure messaging, and AI-powered tools like Scribe and Co-Pilot, integrate with major EHR systems such as Epic, Cerner, and MEDITECH to streamline clinical documentation, revenue cycle management, and decision-making, serving hospitals, enterprises, and over 58,000 physician users.[1][2][5] Acquired by HCA Healthcare in 2014 and later by Commure in 2021, PatientKeeper addresses provider burnout by enabling anytime, anywhere access to patient data from any device, reducing documentation time and boosting efficiency in clinical and financial workflows.[1][2][6]
The company demonstrates strong growth momentum through its evolution from PDA-based tools to AI-enhanced platforms, backed by a 25+ year track record and integration with leading EHRs. As part of Commure, it continues expanding with features like multi-speaker encounter transcription and AI summaries, positioning it for sustained adoption amid rising demand for EHR optimization.[1][5]
Founded in 1996 as Virtmed in Waltham, Massachusetts (later headquartered in Newton, MA), PatientKeeper emerged from the need to deliver mobile patient data access amid fragmented hospital IT systems.[3][4][6] Early leaders, including executives from GE, IDX, Medscape, and McKesson/HBOC, pivoted from PDA software—building a 40,000-user base in two years—to a broader enterprise strategy overlaying legacy systems for unified data exchange via handhelds.[3] Key early traction came from charge-capture apps, $43 million in funding (including from 3Com), and partnerships like Cerner codevelopment.[3]
Pivotal moments included HCA Healthcare's 2014 acquisition after seven years of use in its 164 hospitals, enhancing CPOE and documentation for 58,000 physicians.[2] In August 2021, Commure acquired it, integrating AI innovations while retaining its EHR-agnostic focus.[1][6] This evolution humanizes PatientKeeper as a clinician-first innovator, now leveraging HCA's scale and Commure's tech for advanced workflows.[5]
PatientKeeper rides the EHR optimization and AI-in-healthcare wave, addressing provider frustration with clunky systems amid a $40B+ U.S. EHR market growing at 8% CAGR. Its timing aligns with post-pandemic telehealth/mobile adoption and regulatory pushes for interoperability (e.g., via FHIR standards), enabling hospitals to extend legacy EHR investments without rip-and-replace overhauls.[1][2] Market forces like clinician shortages, rising RCM pressures, and AI maturity favor its tools, which cut documentation time and boost revenue capture.[1][5]
It influences the ecosystem by pioneering "doctor-facing" EHR layers, as noted in HCA's acquisition, now amplified by Commure's platform for real-time innovation across 20 states and beyond.[2] This positions it as a bridge between Big Tech AI and clinical realities, empowering 58,000+ users and setting standards for ambient scribes and intelligent summaries.[1][6]
PatientKeeper's trajectory points to deeper AI embedding, like expanded multi-modal LLMs for predictive analytics and personalized care plans, capitalizing on Commure's resources. Trends such as value-based care, ambient AI adoption (projected $5B market by 2027), and EHR consolidation will propel growth, especially as providers demand mobile, scribe-like efficiency.[1] Its influence may evolve from workflow enhancer to ecosystem orchestrator, potentially integrating with wearables or RPM for holistic care.
Tying back to its clinician-first roots, PatientKeeper exemplifies how targeted tech—commanding EHR chaos—empowers providers, ensuring its enduring role in human-centered healthcare innovation.[1][2]
PatientKeeper has raised $27.0M in total across 3 funding rounds.
PatientKeeper's investors include Flybridge, General Catalyst, M33 Growth.
PatientKeeper has raised $27.0M across 3 funding rounds. Most recently, it raised $6.0M Venture Round in December 2011.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Dec 1, 2011 | $6.0M Venture Round | Flybridge, General Catalyst, M33 Growth | |
| Dec 1, 2009 | $13.0M Series G | Flybridge, General Catalyst, M33 Growth | |
| Aug 1, 2008 | $8.0M Series F | Flybridge, General Catalyst, M33 Growth |