Apero Health

What Apero Health does

Apero Health is a San Francisco-based, privately held healthcare technology company founded in 2019 that sells a modular, API-first medical billing and practice management platform to digital health startups and medical practices of all sizes, including enterprise customers. The platform unifies scheduling, clinical notes, eligibility verification, end-to-end insurance billing, e-prescribing (including controlled substances), patient billing, accounting, and financial reporting into a single system, with documented integrations to thousands of payers across all 50 states and to EHR systems including Athena, DrChrono, Elation, Healthie, Kareo, and Practice Fusion. The company markets itself primarily on speed of implementation (claims submission within 24 hours of sign-up), an 80% reduction in billing time, and enterprise-grade security credentials (SOC I, SOC II Type 2, HIPAA) tied to the NSA-veteran founding team.

The company monetizes through quote-based software subscriptions (monthly or annual) combined with a commission on net collections for its revenue cycle management services, with pricing tailored to each practice's estimated monthly visit or claim volume. Its go-to-market is dual-pronged: a sales-led motion targeting healthcare innovators via a contact form that captures monthly volume and current EHR, and an API-first motion targeting developer teams at digital health startups that can reach proof of concept in hours and production in weeks. Founded by CEO Nick Shelly and co-founder Jacinda Shelly with backgrounds at the National Security Agency, the company is a Y Combinator alumnus and has raised a disclosed $150,000 in early funding from Duro Ventures, Initialized Capital, MAGIC Fund, Soma Capital, South Park Commons, UpHonest Capital, and Y Combinator, with no subsequent funding rounds identified in the source data.

Name

Apero Health

Legal name

Apero Health, Inc.

Website

https://aperohealth.com

Company type

Private

Founded year

2019

Operating status

Operating

Headcount range

11–50 employees

Short description

Apero Health is a San Francisco-based, API-first medical billing and practice management platform founded in 2019, serving digital health startups and medical practices with integrated scheduling, RCM, eligibility, e-prescribing, and reporting.

Ownership category

akta.pro rank

Product category

Healthcare Practice Management Software

SIC

Hospital & Medical Service Plans (6324)

akta.pro primary industry

Patient Access, Registration & Intake (Front-End RCM) (HLACACAE)

Keywords

• Medical billing software
• Revenue cycle management
• Practice management platform
• Healthcare eligibility verification
• E-prescribing software

Headquarters

HQ city

San Francisco

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Marketing or Sales, Operations, Infrastructure

Revenue model

1. Medical Billing Services (Commission): Revenue generated through net collections commission model. Net collections defined as total sum of all monies collected or processed by Apero for medical services rendered, less refunds, credits for overpayments, erroneous payments, or bad checks. Self-pay and copay amounts collected by the practice are also included.
2. Software Subscription: Monthly or annual subscription fees for access to the Apero platform including scheduling, visit notes, RCM, patient billing, prescriptions, and financial reporting.

Pricing tiers

Go-to-market motion2 records

Distribution channels1 record

Marketing channels3 records

Core offering

Apero Health provides a cloud-based, API-first healthcare practice management and medical billing platform that combines scheduling, clinical notes, revenue cycle management (RCM), insurance eligibility verification, patient billing, e-prescribing, and financial reporting into a single modular system. It targets medical practices and digital health startups, offering payer enrollment, automated claims processing, and integration with EHR systems, with implementation in under one day.

Product overview

Apero Health is a modular healthcare software platform combining everything needed to operate and scale a medical practice. The core offering integrates Scheduling, Visit Notes (Clinical Notes), Revenue Cycle Management (RCM), Patient Billing, E-Prescriptions, and Financial Reporting into a unified system. Insurance Billing and Eligibility Verification serve as the primary revenue cycle components, while Patient Billing and Accounting handle financial operations. Advanced Security features including IP geofencing and audit logging are built-in. The platform connects with 1,000s of payers and supports EHR integrations with systems like Athena, DrChrono, Elation, Healthie, Kareo, and Practice Fusion.

Differentiator

Problem solved

Functional benefit

Products and services

• Insurance Billing Complete end-to-end insurance billing platform with support for institutional and professional claims, government and commercial payers, TPAs and IPAs. Reduces billing time by up to 80% through APIs and advanced claims software.
• Eligibility Verification Real-time insurance eligibility verification providing comprehensive plan descriptions, deductible and copay amounts, out-of-pocket maximums, in-network vs. out-of-network details, and embeddable patient cost estimation.
• Scheduling Patient scheduling system integrated with clinical workflows for appointment management, including video visit support.
• Clinical Notes Visit note-taking and clinical documentation system for healthcare providers to record patient encounters.
• E-Prescribing Electronic prescription system supporting all specialties including controlled substances, with prescriber choice of medication and patient choice of pharmacy, including medication history viewing and cost estimation.
• Reporting Advanced reporting with in-app dashboards and integration with major business intelligence platforms, including real-time trend analysis and industry benchmark comparisons.
• Patient Billing Digital-first patient billing with email statements, online payment capabilities, white-label branding, and custom patient statement sequences with open tracking.
• Accounting Financial tracking with bank deposit reconciliation, revenue prediction and recognition, and cohort and customer analysis.
• Advanced Security Security features including IP geofencing, advanced audit logging, fine-grained permissions and roles, and operator activity reporting.
• Patient Messaging Patient communication system for sending statements and messages with tracking capabilities.

Quantifiable outcome

• 80% reduction in billing time
• +2 more outcomes

Named customers8 records

Segments2 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration11 records

AI capability3 records

Feature8 records

Scale indicators5 records

Recent moves5 records

Expansion highlights5 records

Emerging players

• Rectangle Health: Healthcare payments and practice management platform offering patient billing, scheduling, and payment processing for medical practices. Comparable to Apero's patient-billing and payment-processing capabilities.
• Cedar: Patient billing and engagement platform that competes specifically on the patient-billing/statement experience piece of Apero's product, with comparable design-led and API-driven approach for digital health.

Broad incumbents

• Waystar: Enterprise revenue cycle management platform for hospitals and large practices covering claims management, eligibility, and patient payments. Represents the larger, more established RCM player Apero would compete against upmarket.
• Athenahealth: Large incumbent EHR and revenue cycle management vendor serving ambulatory practices, hospitals, and health systems. Apero explicitly lists Athena as an integration partner, confirming overlap in target customers and workflows.

Direct peers

• DrChrono: Cloud-based EHR, practice management, and medical billing platform for ambulatory practices, including e-prescribing and patient portal. Direct competitor also listed as an Apero integration partner.
• Tebra (formerly Kareo): Cloud-based EHR and practice management platform with integrated billing, scheduling, and patient engagement. Competes with Apero for medical practices of all sizes needing a full-stack operating system.
• Practice Fusion: Cloud-based EHR with integrated e-prescribing and billing for small to mid-sized ambulatory practices. Listed as an Apero integration partner, confirming overlapping product and customer set.
• Healthie: Practice management and EHR platform purpose-built for nutrition, wellness, and digital health practices, with scheduling, billing, and telehealth. Overlaps with Apero's digital-health-startup customer base.
• Elation Health: EHR and clinical documentation platform for independent primary care practices with billing support. Comparable to Apero in serving digitally minded practices needing modern clinical plus billing workflows.
• Candid Health: API-first revenue cycle management platform built specifically for digital health startups. Direct competitor to Apero in the developer-friendly, modern-billing-stack category, targeting the same customer segment.

Market position

Strengths1 record

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/aperohealth
• LinkedInlinkedin.com/company/apero-health

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds2 records

Investors8 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Apero Health