UpHealth
UpHealth is a public digital health technology platform that serves providers, health systems, and payors with care management tools, operating as a US-domiciled company listed on OTC markets following a recent NYSE downlisting.
- Company typePublic
- Founded2019
- HeadquartersDelray Beach, United States
- Headcount101–250
- GTM typeB2B
- OfferingSoftware
What UpHealth does
UpHealth, Inc. is a public digital health technology platform incorporated in the United States and headquartered in Delray Beach, Florida. Per its investor communications, the company empowers providers, health systems, and payors to manage care for people, serving a horizontal customer mix across the healthcare value chain. The company was founded in 2019, lists 101-250 employees, and trades publicly on OTC markets under the ticker UPHL, with a previously referenced NYSE listing (UPH) reflecting a downlisting. Specific underlying technology stack, product modules, and platform architecture details are not disclosed in available sources; the company maintains a corporate website (uphealthinc.com) and a structured investor-relations site, with primary communication channels focused on SEC filings, quarterly reports, and investor email alerts.
UpHealth's business model is enterprise B2B in nature — it sells a care-management technology platform to provider organizations, health systems, and payors — though specific pricing models, contract structures, and revenue mechanics are not publicly disclosed. The company scaled in part through M&A, including the June 2021 acquisition of Equiti, and has funded operations with capital markets activity: in August 2022, UpHealth issued $67.5 million in convertible senior secured notes due 2025, raising $22.5 million net after debt repurchase. The company carries ongoing capital-structure obligations referenced in its 2025-Notes and 2026-Notes Fundamental Change Company Notices.
Operationally, UpHealth has undergone significant turbulence in 2024. The company announced a CEO transition and organizational changes on July 15, 2024, and has been engaged in legal disputes, including perjury filings on June 18, 2024 and an arbitration award upheld by the U.S. District Court in UpHealth's favor on September 30, 2024. Leadership spans a Co-Founder/Co-Chairman (Chirinjeev Kathuria), Chairman Avi Katz, CEO Martin Beck, CFO Jay Jennings, behavioral health President Dr. Azfar Malik, and several senior vice presidents across U.S. services and strategy functions. With stock now trading on OTC markets at minimal volume and convertible debt maturing in 2025, the company's near-term strategic priority appears to be management of its capital structure rather than aggressive platform expansion.
UpHealth firmographics
Firmographics- Name
- UpHealth
- Legal name
- UpHealth Holdings Inc.
- Website
- https://uphealthinc.com
- Company type
- Public
- Founded year
- 2019
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- UpHealth is a public digital health technology platform that serves providers, health systems, and payors with care management tools, operating as a US-domiciled company listed on OTC markets following a recent NYSE downlisting.
- Ownership category
- akta.pro rank
UpHealth industry classification
Industry- Product category
- Digital Health Platform
- NAICS
- Other Ambulatory Health Care Services (6219), All Other Outpatient Care Centers (621498), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518)
- SIC
- Services-Health Services (8000), Services-Prepackaged Software (7372), Services-Offices & Clinics Of Doctors Of Medicine (8011)
- akta.pro primary industry
- Care Navigation, Referral & Digital Front Door Platforms (HLALABAH)
- akta.pro secondary industry
- Behavioral Health & Psychiatry Virtual Care (Payer Network) (HLALACAC)
Keywords
Where UpHealth is headquartered
LocationHeadquarters
- HQ city
- Delray Beach
- HQ country
- United States
- HQ region
- North America
Markets served
UpHealth business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales
Distribution channels1 record
Marketing channels4 records
UpHealth product offering
Product offeringCore offering
UpHealth operates as a digital health technology platform that delivers care management capabilities to healthcare providers, health systems, and payors. The company offers behavioral health, integrated care, and population health programs through its platform, supporting institutional buyers in managing care for patient populations.
Differentiator
Problem solved
Functional benefit
Companies that use UpHealth
Customer profileIdeal customer profiles1 record
UpHealth technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
UpHealth partnerships and signals
Strategic signalScale indicators1 record
Recent moves5 records
Expansion highlights2 records
UpHealth competitors and assessment
Company assessmentDirect peers
- Amwell: Amwell (formerly American Well) is a direct competitor as a B2B telehealth and care-orchestration platform serving health systems, health plans, and providers — directly overlapping UpHealth's stated three-stakeholder focus.
- Teladoc Health: Teladoc Health is a comprehensive virtual care platform spanning primary care, behavioral health, chronic condition management, and provider/payor partnerships — overlapping UpHealth's multi-stakeholder digital health footprint.
- Talkspace: Talkspace operates a payer- and employer-sponsored virtual behavioral health platform, comparable to UpHealth's behavioral health service line led by a dedicated President of Behavioral Health.
- SOC Telemed (Patient Square Capital): SOC Telemed provides acute-care and specialty virtual care to hospitals and health systems, directly comparable to UpHealth's provider-integrated virtual care positioning before its take-private.
Emerging players
- Lyra Health: Lyra Health is an employer- and health-plan-sponsored virtual behavioral health provider. It is comparable to UpHealth's behavioral health vertical but operates on a more focused, venture-backed model.
- Iris Telehealth: Iris Telehealth is a specialty virtual behavioral health provider for health systems and community mental health centers, comparable to UpHealth's behavioral health services line at a smaller scale.
- eVisit: eVisit is an enterprise virtual care platform for health systems and providers, comparable in go-to-market to UpHealth's provider/payor-facing digital health orientation though more narrowly focused on telehealth workflow.
Broad incumbents
- Hims & Hers Health: Hims & Hers is a broad incumbent in direct-to-consumer virtual care, overlapping UpHealth in digital health delivery but oriented to consumer cash-pay rather than provider/payor contracts.
- Doximity: Doximity is a digital platform serving physicians and health systems with workflow and communication tools — comparable to UpHealth's provider-facing digital health layer though narrower in clinical services.
- Health Catalyst: Health Catalyst is a data and analytics platform for health systems and providers, an adjacent but comparable enterprise digital health vendor serving similar buyer segments as UpHealth.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat2 records
Key risks6 records
Key highlights4 records
Customer concentration
UpHealth social profiles
Digital presenceUpHealth financial estimates
Financial estimateRevenue estimate
Valuation estimate
UpHealth leadership team
Management profileNumber of profiles
Profiles9 records
UpHealth funding detail
Funding detailFunding overview
Funding rounds1 record
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
UpHealth M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about UpHealth
What does UpHealth do?
UpHealth operates as a digital health technology platform that delivers care management capabilities to healthcare providers, health systems, and payors. The company offers behavioral health, integrated care, and population health programs through its platform, supporting institutional buyers in managing care for patient populations.
Is UpHealth a public or private company?
UpHealth is a public company. It is classified as public and is currently operating.
When was UpHealth founded?
UpHealth was founded in 2019. It employs 101 to 250 people.
Where is UpHealth based?
UpHealth is headquartered in Delray Beach, United States, in the North America region.
Who are UpHealth's main competitors?
Direct peers on record are Amwell, Teladoc Health, Talkspace and SOC Telemed (Patient Square Capital). Emerging players are Lyra Health, Iris Telehealth and eVisit. Broad incumbents are Hims & Hers Health, Doximity and Health Catalyst.
Does UpHealth have an API?
No public API is recorded for UpHealth.
What industry is UpHealth in?
UpHealth's product category is Digital Health Platform. Its primary akta.pro industry code is HLALABAH, Care Navigation, Referral & Digital Front Door Platforms, with a secondary code of HLALACAC, Behavioral Health & Psychiatry Virtual Care (Payer Network). Its NAICS code is 6219 and its SIC code is 8000.