Kareo
Kareo provides cloud-based EHR, practice management, and medical billing software for U.S. independent healthcare practices, now operating as part of Tebra following its 2023 merger with PatientPop, serving approximately 150,000 providers via an integrated subscription platform.
- Company typePrivate
- Founded2004
- HeadquartersIrvine, United States
- Headcount501–1,000
- GTM typeB2B
- OfferingSoftware
What Kareo does
Kareo, founded in 2004 and headquartered in Corona Del Mar, California, provides cloud-based electronic health record (EHR), practice management, and medical billing software targeting independent healthcare practices in the United States — solo practitioners, small group practices, and specialty providers across mental health, pediatrics, family medicine, dental, and other verticals. The platform combines clinical documentation, revenue cycle management, patient scheduling, patient engagement, and practice marketing tools within a single-login integrated suite, with specialty-specific templates, MACRA/MIPS support, HIPAA/HITRUST CSF/PCI DSS compliance, and an emerging AI Smart Staff module that adds AI-assisted clinical note generation, automated patient review responses, practice analytics, and robotic process automation for billing workflows.
The company's revenue model is primarily subscription-based, sold via direct sales (field and inside) with quote-based monthly pricing that is not publicly disclosed, supplemented by transaction-fee revenue from integrated patient payment processing. Go-to-market combines sales-led motions with product-led growth tools (EHR cost calculator, billing calculator, competitive scanner, efficiency grader) and a curated Partner Marketplace channel. In December 2023 Kareo merged with PatientPop to form the combined Tebra entity, expanding into patient acquisition, reputation management, and marketing automation; the combined platform serves approximately 150,000 providers across more than 1,916 companies, with 98.48% of customers based in the United States. Kareo has historically been venture-backed (over $160 million raised across rounds from 2005-2018, including a $55.4M round in 2015 led by Montreux Equity Partners with Silver Lake participation) and has executed three disclosed acquisitions (ECCO Health in 2013, DoctorBase in 2015, PatientlySpeaking in 2021) to extend its product surface.
Kareo firmographics
Firmographics- Name
- Kareo
- Legal name
- Kareo
- Website
- https://kareo.com
- Company type
- Private
- Founded year
- 2004
- Operating status
- Operating
- Headcount range
- 501–1,000 employees
- Short description
- Kareo provides cloud-based EHR, practice management, and medical billing software for U.S. independent healthcare practices, now operating as part of Tebra following its 2023 merger with PatientPop, serving approximately 150,000 providers via an integrated subscription platform.
- Ownership category
- akta.pro rank
Kareo industry classification
Industry- Product category
- Healthcare Practice Management Software
- NAICS
- Software Publishers (513210), Software Publishers (51321)
- SIC
- Services-Prepackaged Software (7372)
- akta.pro primary industry
- Patient Engagement, Education & Messaging Platforms (portal/CRM integrated) (HLALABAJ)
- akta.pro secondary industries
- Care Navigation, Referral & Digital Front Door Platforms (HLALABAH), Virtual Visit & Scheduling Platforms (EHR-integrated) (HLALABAA)
Keywords
Where Kareo is headquartered
LocationHeadquarters
- HQ city
- Irvine
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Kareo business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Infrastructure, Operations
Revenue model
- Medical Billing Software Subscriptions: Kareo generates revenue primarily through subscription-based pricing for its medical billing software, practice management, and EHR solutions. The platform is sold as an integrated all-in-one solution for independent healthcare practices.
- Patient Payments: Additional revenue streams include patient payment processing through integrated billing and payments features.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | All-in-one EHR+ platform subscription |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels5 records
Kareo product offering
Product offeringCore offering
Kareo delivers a cloud-based, all-in-one EHR+ platform for independent healthcare practices, integrating electronic health records, medical billing and claims management, patient payments, patient engagement (online scheduling, intake, messaging), and practice marketing (websites, SEO, reputation management). The platform is sold primarily as a monthly subscription and incorporates AI-powered automation (AI Note Assist, AI Review Replies, generative AI billing appeal letters, and robotic process automation) to reduce administrative workload.
Product overview
Tebra (formerly Kareo) offers an all-in-one EHR+ platform for independent healthcare practices combining clinical, financial, and growth tools. The integrated suite includes EHR for clinical documentation, Billing and Payments for revenue cycle management, Patient Experience for engagement and scheduling, Practice Marketing for online presence, and AI Smart Staff for workflow automation. All products share a unified database and single login, enabling seamless data flow between charting, billing, scheduling, and patient communication workflows. Kareo was rebranded as Tebra following a December 2023 integration, consolidating its medical practice management capabilities under a single brand.
Differentiator
Problem solved
Functional benefit
Products and services
- EHR (Electronic Health Records) Cloud-based electronic health record system that streamlines clinical documentation with AI Note Assist for automated clinical note generation, e-prescribing, electronic labs, telehealth, provider scheduling, complete patient history, and MACRA/MIPS support. Sold to independent healthcare practices and specialty practices.
- Billing Integrated medical billing and claims management platform covering practice management, real-time insurance eligibility verification, claims processing, denial management, electronic claim submission, and robotic process automation for revenue cycle. Sold to independent practices, specialty practices, and medical billing companies.
- Payments Patient payment collection solution enabling online pay, card-on-file functionality, and automated statements for streamlined payment processing. Sold to independent healthcare practices for patient-facing billing.
- Patient Experience Patient engagement platform providing online scheduling, appointment reminders, digital intake forms, and HIPAA-compliant two-way messaging to improve patient communication and reduce no-shows. Sold to independent healthcare practices.
- Practice Marketing Marketing solution for independent practices including custom practice websites, SEO optimization, online profile management across Google and directories, and AI-powered review response capabilities. Sold to independent healthcare practices to grow patient volume.
- AI Smart Staff AI-powered automation suite comprising AI Note Assist for clinical documentation, AI Review Replies for patient feedback, AI Powered Insights for practice analytics, and automated patient billing workflows. Sold to independent healthcare practices to reduce administrative workload.
Quantifiable outcome
- Trusted by 150,000+ providers
- +2 more outcomes
Companies that use Kareo
Customer profileNamed customers6 records
Segments3 records
Ideal customer profiles3 records
Kareo technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability4 records
Feature5 records
Kareo partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- TebracoreKareo integrated with Tebra in December 2023, combining Kareo's medical billing and practice management expertise with PatientPop's patient engagement capabilities to create a comprehensive operating system for independent practice success. The combined entity operates under the Tebra brand while leveraging Kareo's established market presence.
Scale indicators3 records
Recent moves6 records
Expansion highlights6 records
Kareo competitors and assessment
Company assessmentBroad incumbents
- athenahealth: athenahealth offers cloud-based EHR, practice management, and billing services primarily for small to mid-sized practices and large medical groups. It is directly comparable to Kareo/Tebra in target market and integrated RCM offering, though it serves a broader range including larger enterprises.
- athenaOne: athenahealth's athenaOne suite bundles EHR, practice management, and patient engagement for ambulatory groups. It is a broader incumbent competitor to Tebra/Kareo's integrated offering in the SMB and mid-market practice segment.
- NextGen Healthcare: NextGen Healthcare delivers EHR and practice management solutions to ambulatory practices of all sizes, including a meaningful independent practice segment. It competes with Kareo across the SMB ambulatory market while also serving larger enterprise clients.
Direct peers
- ModMed: ModMed (Modernizing Medicine) offers specialty-specific EHR and practice management systems for independent specialty practices. It overlaps with Kareo's specialty practice go-to-market and shares a SaaS-based, integrated clinical+financial product approach.
- Practice Fusion: Practice Fusion offers a cloud-based EHR primarily for independent practices, with a similar low-friction, SMB-friendly positioning to Kareo. Both compete for the same solo practitioner and small group buyer with subscription-based cloud delivery.
- DrChrono (EverHealth): DrChrono (now part of EverHealth) provides cloud-based EHR, practice management, and billing tools specifically built for small and specialty practices. It overlaps directly with Kareo in target customer profile, mobile/cloud delivery, and integrated billing.
- eClinicalWorks: eClinicalWorks offers EHR, practice management, and patient engagement tools serving independent practices and small group practices. Its target customer base, bundled EHR+PM model, and pricing transparency closely mirror Kareo's go-to-market approach.
- Greenway Health: Greenway Health provides EHR, practice management, and revenue cycle management solutions to ambulatory practices, including the SMB independent segment. Its integrated ambulatory suite competes head-to-head with Kareo's all-in-one platform.
- CareCloud: CareCloud delivers cloud-based EHR, practice management, and medical billing solutions to small and mid-sized medical practices. It is a direct competitor in the same SMB ambulatory EHR+billing market that Kareo serves.
- AdvancedMD: AdvancedMD provides cloud-based EHR, practice management, and medical billing software for independent practices and billing companies. It is the most direct competitor to Kareo/Tebra in the SMB independent practice segment with a comparable all-in-one positioning.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks5 records
Key highlights7 records
Customer concentration
Kareo social profiles
Digital presenceKareo compliance and trust
Trust signalCompliance4 records
Kareo financial estimates
Financial estimateRevenue estimate
Valuation estimate
Kareo leadership team
Management profileNumber of profiles
Profiles5 records
Kareo funding detail
Funding detailFunding overview
Funding rounds12 records
Investors10 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Kareo M&A and investment
M&A and investmentM&A3 records
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Kareo
What does Kareo do?
Kareo delivers a cloud-based, all-in-one EHR+ platform for independent healthcare practices, integrating electronic health records, medical billing and claims management, patient payments, patient engagement (online scheduling, intake, messaging), and practice marketing (websites, SEO, reputation management). The platform is sold primarily as a monthly subscription and incorporates AI-powered automation (AI Note Assist, AI Review Replies, generative AI billing appeal letters, and robotic process automation) to reduce administrative workload.
Is Kareo a public or private company?
Kareo is a private company. It is classified as venture growth investor backed and is currently operating.
When was Kareo founded?
Kareo was founded in 2004. It employs 501 to 1,000 people.
Where is Kareo based?
Kareo is headquartered in Irvine, United States, in the North America region.
How does Kareo make money?
Two revenue lines are on record. Medical Billing Software Subscriptions are the primary driver. The others are patient Payments.
Who are Kareo's main competitors?
Broad incumbents on record are athenahealth, athenaOne and NextGen Healthcare. Direct peers are ModMed, Practice Fusion, DrChrono (EverHealth), eClinicalWorks, Greenway Health, CareCloud and AdvancedMD.
Does Kareo have an API?
No public API is recorded for Kareo.
What industry is Kareo in?
Kareo's product category is Healthcare Practice Management Software. Its primary akta.pro industry code is HLALABAJ, Patient Engagement, Education & Messaging Platforms (portal/CRM integrated), with a secondary code of HLALABAH, Care Navigation, Referral & Digital Front Door Platforms. Its NAICS code is 513210 and its SIC code is 7372.