Tebra
   HOME

TheInfoList



OR:

Tebra is an American company that develops healthcare software. As of 2023, the company supports more than 150,000 healthcare providers covering approximately 123 million patients in the United States. In 2022, the company reached
unicorn The unicorn is a legendary creature that has been described since Classical antiquity, antiquity as a beast with a single large, pointed, spiraling horn (anatomy), horn projecting from its forehead. In European literature and art, the unico ...
status with a valuation of over $1 billion.


History

Tebra was founded in November 2021 in California when Kareo and PatientPop, clinical, financial, and practice growth technology companies, merged. It was established by Dan Rodrigues, Travis Schneider, and Luke Kervin. On November 6, 2021, Tebra completed a Series A funding round, with
Golub Capital Golub Capital is a credit asset manager based in the United States with over $60 billion of capital under management. The firm has primary business lines in middle market lending, late stage lending, and broadly syndicated loans. The firm is a ...
serving as the lead investor, and raised $65 million. The startup's other investors include
Commonfund Based in Connecticut, Commonfund is an American asset management firm founded in 1971 with a seed grant from the Ford Foundation. As a private nonprofit organization, the firm manages customized investment programs for endowments, foundations, pub ...
, HLM Venture Partners,
OpenView HP OpenView is the former name for a Hewlett-Packard product family that consisted of network and systems management products. In 2007, HP OpenView was rebranded as HP BTO (''Business Technology Optimization'') Software when it became part of the ...
,
StepStone Group StepStone Group LP is a global private markets firm providing customized investment, portfolio monitoring and advice to investors. StepStone covers primary fund investments, secondary fund investments and co-investments across private equity, ...
,
Stripes Group Stripes (Stripes, LLC) is a private equity and venture capital firm based in Manhattan, New York, founded in 2008.
, Montreux Equity Partners, Toba Capital, Transformation Capital, and
Vivo Capital Vivo Capital ("Vivo") is an American investment firm headquartered in Palo Alto, California. It is focused on making public and private investments in the healthcare and biotechnology industries. Background The firm was originally founded i ...
. On July 6, 2022, Tebra completed a Series B funding round led by Golub Capital, which raised $72 million. The company reached evaluation of more than $1 billion. In 2022, Tebra was named a top workplace by ''
The Orange County Register ''The Orange County Register'' is a paid daily List of newspapers in California, newspaper published in California. The ''Register'', published in Orange County, California, is owned by the private equity firm Alden Global Capital via its Digit ...
''. Tebra was named on 2023 list of top healthcare technology companies by the ''Healthcare Technology Report''. Tebra is headquartered in Newport Beach, California. It also has an office in
Santa Monica, California Santa Monica (; Spanish language, Spanish: ''Santa Mónica'') is a city in Los Angeles County, California, Los Angeles County, situated along Santa Monica Bay on California's South Coast (California), South Coast. Santa Monica's 2020 United Sta ...
. In February 2023, Tebra announced the opening of another one in
Costa Rica Costa Rica, officially the Republic of Costa Rica, is a country in Central America. It borders Nicaragua to the north, the Caribbean Sea to the northeast, Panama to the southeast, and the Pacific Ocean to the southwest, as well as Maritime bo ...
.


Early history (Kareo)

In 2004, Dan Rodrigues founded Kareo and opened its first office in Irvine, California. Kareo was a cloud-based technology platform including clinical and financial solutions for independent healthcare providers. The Kareo platform helped providers find more patients, manage patient care with a fully certified and easy-to-use EHR, and get paid quickly within a unified solution. In 2018, Kareo expanded its offices to include San Diego. In 2019, Kareo processed $25 billion in insurance claims.


Early history (PatientPop)

In 2014, Luke Kervin and Travis Schneider co-founded PatientPop.


Products & services

Tebra is a comprehensive digital healthcare platform. It offers a practice operations platform that includes an electronic health record solution and billing and payments management. It also provides patient experience enhancements, like an online portal and telehealth services, and marketing services to support practice growth. The platform features analytics on practice growth and revenue, data cloud services, and API integration. It includes robotic process automation (RPA) to streamline operations and deliver modern conveniences to providers and patients.


Staff

Key individuals at Tebra include: * Dan Rodrigues - Chief Executive Officer * Mike Doktorczyk - Chief Financial Officer * Kyle Ryan - Chief Technology Officer * Kevin Marasco - Chief Marketing Officer * Amanda Piwonka- Chief People Officer * Colin Morris - General Counsel * Andrea Weisz - SVP of Customer Success


The Intake

In August 2023, Tebra launched ''The Intake'', a daily news and information publication about the business of running an independent healthcare practice.


References

{{Reflist Software companies of the United States 2021 establishments in the United States Medical technology companies of the United States Software companies established in 2021 Health care companies established in the 21st century Medical software