Tebra
Tebra provides an integrated cloud-based EHR+ platform combining clinical documentation, billing and revenue cycle, patient experience, and practice marketing for independent US healthcare practices and third-party medical billing companies. It serves 150,000+ providers across 42,000+ practices.
- Company typePrivate
- Founded2022
- HeadquartersCorona Del Mar, United States
- Headcount501–1,000
- GTM typeB2B
- OfferingSoftware
What Tebra does
Tebra is a US-based healthcare technology company that provides an integrated cloud-based EHR+ platform for independent medical practices and medical billing companies. Formed in 2022 through the merger of Kareo and PatientPop, the platform consolidates electronic health records, billing and revenue cycle management, patient experience (scheduling, intake, messaging), practice marketing (websites, SEO, reputation), and payments into a single HIPAA-, HITRUST-, ONC-, AICPA-, and PCI-compliant system. The technology layer includes HL7/FHIR/API bridges, eligibility checks across 2,700+ payers via ANSI-X12 270/271, electronic ordering with 700+ labs, and a proprietary AI suite (AI Note Assist, AI Review Replies, AI Review Insights, RPA for billing). AI Note Assist alone generated more than 500,000 clinical notes in the second half of 2025, and the company reports AI-driven documentation time savings of about 60% per note.
The company serves two primary customer segments: independent US healthcare practices (spanning family medicine, primary care, pediatrics, mental health, and nurse practitioners) with 1-10 providers, and third-party medical billing companies (1,600+ channel partners representing 50,000+ additional providers). Tebra monetizes through quote-based SaaS subscriptions across the EHR+ modules, integrated payment processing fees, billing-partner channel revenue, and premium professional services (SEO, SEM, social media, website builds). Go-to-market combines direct inside sales with a self-serve product tour and free interactive assessment tools, supplemented by webinars and a large review-led content program. Tebra is self-described as a "profitable pure-play SaaS leader" operating in a $20B+ independent-practice software market, serving 150,000+ providers across 42,000+ practices managing 125 million patient records. The company closed a $250 million equity and debt financing round in December 2025 led by Hildred to accelerate AI development across the platform.
Tebra firmographics
Firmographics- Name
- Tebra
- Legal name
- Tebra Technologies, Inc.
- Website
- https://tebra.com
- Company type
- Private
- Founded year
- 2022
- Operating status
- Operating
- Headcount range
- 501–1,000 employees
- Short description
- Tebra provides an integrated cloud-based EHR+ platform combining clinical documentation, billing and revenue cycle, patient experience, and practice marketing for independent US healthcare practices and third-party medical billing companies. It serves 150,000+ providers across 42,000+ practices.
- Ownership category
- akta.pro rank
Tebra industry classification
Industry- Product category
- Healthcare Practice Management Software
- NAICS
- Software Publishers (5132)
- SIC
- Services-Computer Programming, Data Processing, Etc. (7370), Services-Health Services (8000)
- akta.pro primary industry
- Revenue Cycle, Coding & Telehealth Compliance Platforms (for provider orgs) (HLALABAM)
- akta.pro secondary industry
- Patient Engagement, Education & Messaging Platforms (portal/CRM integrated) (HLALABAJ)
Keywords
Where Tebra is headquartered
LocationHeadquarters
- HQ city
- Corona Del Mar
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
Tebra business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure
Revenue model
- SaaS subscriptions (EHR+ platform): Tebra describes itself as a "profitable pure-play SaaS leader" with a subscription-based EHR+ platform (EHR, billing, patient experience, marketing). Revenue is recurring with land-and-expand dynamics across product modules and additional providers/locations added as practices scale.
- Payment processing fees: Integrated Tebra Payments generates transaction-based revenue on credit card, ACH, mobile wallet, and virtual credit card transactions processed through the platform.
- Billing partner channel revenue: Tebra monetizes through its billing partner program, providing customized pricing, sales enablement, and enhanced support to 1,600+ medical billing companies that resell/deploy Tebra to their practice clients.
- Premium professional services (marketing, SEO, SEM, social): Premium add-on services including expert-led SEO, paid SEM campaigns, social media management, and custom website builds generate one-time and recurring service revenue on top of the SaaS base.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Monthly | Custom quote-based SaaS pricing for the integrated EHR+ platform (EHR, billing, patient experience, marketing) |
Go-to-market motion4 records
Distribution channels5 records
Marketing channels10 records
Tebra product offering
Product offeringCore offering
Tebra operates an integrated cloud-based EHR+ SaaS platform that combines electronic health records, medical billing and revenue cycle management, patient experience tools, and practice marketing for independent healthcare practices in the United States. The platform also embeds AI-powered documentation (AI Note Assist), robotic process automation for claims, integrated payment processing, and a billing partner program that serves 1,600+ third-party medical billing companies. Tebra serves over 150,000 providers across 42,000+ practices and reports being a profitable pure-play SaaS leader in a $20B+ independent practice software market.
Differentiator
Problem solved
Functional benefit
Brands
- Kareo: Former standalone brand for practice operations / clinical and billing software, now operated as a product line under Tebra (sign-in page references "Practice Operations PREVIOUSLY KAREO").
- PatientPop
Products and services
- Tebra EHR Cloud-based, HIPAA-compliant, ONC-certified electronic health records system combining charting, e-prescribing, labs, telehealth, scheduling, billing, and AI-powered documentation into a single connected platform for independent healthcare practices.
- Tebra Billing Medical billing and revenue cycle management software offering automated insurance eligibility against 2,700+ payers, electronic claim submission, denials management, patient statements, robotic process automation, and integrated payments for in-house billers, outsourced billing, and billing companies.
- Tebra Payments Healthcare payment processing solution with automated digital reminders, automated patient billing, card-on-file tokenization, online pay, and virtual credit card processing fully connected to Tebra Billing and the EHR.
- Tebra Patient Experience Patient engagement platform combining AI-powered reputation management, online scheduling, automated reminders, customizable digital intake, HIPAA-compliant two-way messaging, and post-visit surveys to reduce no-shows and grow patient loyalty for independent practices.
- Tebra Medical Practice Marketing Marketing software for independent practices offering custom websites, SEO and SEM services, HIPAA-compliant reputation management with AI Review Replies, social media management, and synchronized web profiles across 80+ directories including Google and Tebra Care Connect.
- AI Smart Staff (AI & Automation) Suite of AI and automation capabilities including AI Note Assist, AI Review Replies, AI Review Insights, and automated patient billing that work across the Tebra EHR+ platform to reduce administrative work for independent practices.
Quantifiable outcome
- 60% average documentation time saved per clinical note using AI Note Assist
- +14 more outcomes
Companies that use Tebra
Customer profileNamed customers31 records
Segments8 records
Ideal customer profiles4 records
Tebra technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration8 records
AI capability8 records
Feature8 records
Tebra partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered legal counsel for december 2025 financing, strategic integration partner and strategic affiliation.
- Fenwick & Westlegal counsel for december 2025 financingFenwick represented Tebra in securing the $250 million December 2025 financing round led by Hildred.
- DrFirststrategic integration partnerTebra and DrFirst partnered to launch RxInform, an integrated medication-adherence solution combining automated outreach and educational resources for private practices. Announced December 10, 2024.
- Medusindstrategic affiliationStrategic affiliation announced November 19, 2024 to expand RCM solutions and practice management support for independent medical practices, combining Medusind's revenue cycle services with the Tebra platform.
Scale indicators11 records
Recent moves6 records
Expansion highlights6 records
Tebra competitors and assessment
Company assessmentDirect peers
- athenahealth: athenahealth is a direct competitor offering cloud-based EHR, practice management, and revenue cycle management for independent practices and medical groups. It is one of the largest EHR+PM+RCM platforms serving the same SMB ambulatory segment as Tebra, with comparable integrated workflow model.
- eClinicalWorks: eClinicalWorks provides integrated EHR, practice management, and revenue cycle management software for ambulatory practices, directly competing with Tebra in the independent and small-group practice segment with a similar all-in-one platform positioning.
- NextGen Healthcare: NextGen Healthcare offers EHR, practice management, and RCM solutions for ambulatory practices of all sizes. It directly competes with Tebra in the independent practice segment and is similarly focused on specialty and primary care workflows with integrated billing.
- AdvancedMD: AdvancedMD provides cloud-based EHR, practice management, and medical billing software tailored for independent practices and medical groups, with a similar integrated platform approach and target customer base as Tebra.
- DrChrono: DrChrono (now part of EverHealth) provides cloud-based EHR, practice management, and medical billing software for independent practices, directly competing with Tebra in the SMB ambulatory segment with comparable subscription + RCM economics.
- CareCloud (MTBC): CareCloud offers cloud-based EHR, practice management, and revenue cycle management solutions for small and medium-sized medical practices, with a comparable subscription-based business model and similar target customer profile as Tebra.
- Practice Fusion (Veradigm): Practice Fusion, now part of Veradigm (formerly Allscripts), provides cloud-based EHR for independent practices. It directly competes with Tebra in the SMB ambulatory EHR segment with a similar self-serve, subscription-based positioning for smaller providers.
Emerging players
- ModMed (Modernizing Medicine): ModMed offers specialty-specific EHR systems (e.g., dermatology, gastroenterology, ophthalmology) with integrated practice management and RCM. It overlaps with Tebra in specialty segments but focuses more narrowly on specialty workflows rather than serving all independent practice types.
Broad incumbents
- Epic Systems: Epic is the dominant enterprise EHR vendor, primarily serving large hospital systems but progressively expanding into the ambulatory and independent practice segment. As a broad incumbent with vastly greater resources, Epic represents the most significant long-term competitive threat to Tebra's core market.
- Oracle Health (Cerner): Oracle Health (formerly Cerner) is a broad incumbent EHR and healthcare IT vendor serving hospital systems and increasingly ambulatory practices. It overlaps with Tebra in the practice management and RCM dimensions but operates at a much larger scale across the full care continuum.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks2 records
Key highlights7 records
Customer concentration
Tebra social profiles
Digital presenceTebra compliance and trust
Trust signalCompliance6 records
Tebra financial estimates
Financial estimateRevenue estimate
Valuation estimate
Tebra leadership team
Management profileNumber of profiles
Profiles12 records
Tebra subsidiaries and ownership
Company hierarchySubsidiaries2 records
Tebra funding detail
Funding detailFunding overview
Funding rounds6 records
Investors12 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Tebra M&A and investment
M&A and investmentM&A2 records
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Tebra
What does Tebra do?
Tebra operates an integrated cloud-based EHR+ SaaS platform that combines electronic health records, medical billing and revenue cycle management, patient experience tools, and practice marketing for independent healthcare practices in the United States. The platform also embeds AI-powered documentation (AI Note Assist), robotic process automation for claims, integrated payment processing, and a billing partner program that serves 1,600+ third-party medical billing companies. Tebra serves over 150,000 providers across 42,000+ practices and reports being a profitable pure-play SaaS leader in a $20B+ independent practice software market.
Is Tebra a public or private company?
Tebra is a private company. It is classified as private equity controlled and is currently operating.
When was Tebra founded?
Tebra was founded in 2022. It employs 501 to 1,000 people.
Where is Tebra based?
Tebra is headquartered in Corona Del Mar, United States, in the North America region.
How does Tebra make money?
Four revenue lines are on record. SaaS subscriptions (EHR+ platform) is the primary driver. The others are payment processing fees, billing partner channel revenue and premium professional services (marketing, SEO, SEM, social).
Who are Tebra's main competitors?
Direct peers on record are athenahealth, eClinicalWorks, NextGen Healthcare, AdvancedMD, DrChrono, CareCloud (MTBC) and Practice Fusion (Veradigm). ModMed (Modernizing Medicine) is listed as an emerging player. Broad incumbents are Epic Systems and Oracle Health (Cerner).
Does Tebra have an API?
Yes. Tebra exposes APIs (including HL7/FHIR/API bridges) that allow billing companies and third-party applications to integrate with Tebra's HIPAA-compliant data cloud. The APIs support billing and EHR workflows and can integrate with third-party applications. No public documentation URL or SDK details are provided in the source material.
What industry is Tebra in?
Tebra's product category is Healthcare Practice Management Software. Its primary akta.pro industry code is HLALABAM, Revenue Cycle, Coding & Telehealth Compliance Platforms (for provider orgs), with a secondary code of HLALABAJ, Patient Engagement, Education & Messaging Platforms (portal/CRM integrated). Its NAICS code is 5132 and its SIC code is 7370.