Practice Fusion

What Practice Fusion does

Practice Fusion is a cloud-based electronic health record (EHR) and revenue cycle management provider headquartered at 731 Market Street, Suite 400 in San Francisco, operating as a wholly owned subsidiary of Veradigm. The company's platform, including the ONC-certified Practice Fusion EHR 3.7 (certified August 26, 2024 under CHPL ID 15.04.04.2924.Prac.37.01.1.240826), combines charting, e-prescribing, integrated billing, patient engagement, and FHIR-based interoperability APIs, alongside an AI-assisted clinical documentation tool called Practice Fusion Scribe and an EHI Export capability maintained across nine documented versions. Distribution is primarily US-focused and directed at independent medical practices, supported by a marketplace of more than 600 partner companies and integrations with Updox, Veradigm FollowMyHealth, MedAllies, and Weave.

Practice Fusion generates revenue primarily through recurring monthly subscriptions starting at $199 per provider per month, with a required annual commitment and optional add-on modules for billing services, billing software, patient engagement, and chart retrieval. The go-to-market combines a product-led free 2-week trial with inside sales for mid-market and enterprise onboarding, and the company advertises 99.97% platform uptime over the trailing 90 days with 99.98% uptime on the e-prescribing system. Practice Fusion operates as a HIPAA business associate and maintains CCPA and multi-state privacy compliance mechanisms through a Supplemental State Privacy Notice.

Practice Fusion's history includes approximately $155 million of historical venture funding across rounds from 2009 through 2016 and a 2014 acquisition of Ringadoc. The company was acquired by Veradigm (formerly part of Allscripts) in 2018 and now operates as a subsidiary within the Veradigm Network. Practice Fusion previously reached a $145 million settlement with the U.S. Department of Justice to resolve allegations of accepting kickbacks from an opioid manufacturer in exchange for clinical decision support influencing prescribing behavior, a material regulatory event in its corporate history. Leadership includes Ryan Howard as Chairman of the Board, Claire Grimmett as Vice President of Engineering, Colette Foulke as Vice President of Program Management, and Joseph Priest as Vice President of Pharmaceutical Partnerships.

Name

Practice Fusion

Legal name

Practice Fusion, Inc.

Website

https://practicefusion.com

Company type

Private

Founded year

2005

Operating status

Operating

Headcount range

101–250 employees

Short description

Practice Fusion is a Veradigm-owned cloud-based EHR and revenue cycle management platform serving US independent medical practices through subscription software, integrated billing, e-prescribing, and a 600-partner integration marketplace.

Ownership category

akta.pro rank

Product category

Electronic Health Records (EHR) Software

NAICS

Custom Computer Programming Services (541511), Computer Systems Design and Related Services (54151)

SIC

Services-Prepackaged Software (7372), Services-Computer Programming, Data Processing, Etc. (7370), Services-Health Services (8000)

akta.pro primary industry

EHR Implementation, Optimization, Training & Managed Services (HLACAAAL)

akta.pro secondary industries

EHR/EMR Integration & Interoperability Middleware (HL7/FHIR) (HLALAKAD), Patient Engagement, Education & Messaging Platforms (portal/CRM integrated) (HLALABAJ)

Keywords

• Electronic health records
• Medical practice software
• Cloud EHR platform
• E-prescribing software
• Revenue cycle management

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, Infrastructure, Marketing or Sales, Operations

Revenue model

1. Subscription - EHR Platform: Monthly subscription model for EHR software starting at $199/month per provider with required annual commitment
2. Billing Services: EHR with integrated billing services for revenue cycle management
3. Value-add Options: Additional features including patient engagement tools and chart retrieval services available as add-ons

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels4 records

Core offering

Practice Fusion provides a cloud-based electronic health record (EHR) platform with integrated billing services and practice management technology for independent medical practices. The platform includes ONC-certified clinical charting, certified e-prescribing, revenue cycle management, AI-assisted documentation, and patient engagement tools, delivered via SaaS subscription with required annual commitment.

Product overview

Practice Fusion is an EHR and Billing Services platform comprising multiple integrated products: the ONC-certified Practice Fusion EHR 3.7 as the core electronic health record, supplemented by EHR with Billing Services and EHR with Billing Software modules for revenue management. Key capabilities include e-Prescribe for electronic prescribing and Practice Fusion Scribe for clinical documentation. The platform offers FHIR APIs and EHI Export functionality for interoperability, supported by a marketplace of over 600 partner integrations. Patient-facing access is provided through Patient Fusion PHR, with additional value-add options for patient engagement and chart retrieval.

Differentiator

Problem solved

Functional benefit

Products and services

• Practice Fusion EHR

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

Feature8 records

Partnerships

One partnership is on record.

• VeradigmcoreStrategic or Co-development PartnerVeradigm is the parent company of Practice Fusion. Practice Fusion is described as 'a Veradigm Network solution.' Veradigm is a dynamic, open community of solutions that can add value to the Practice Fusion experience. The partnership provides access to Veradigm's broader network of solutions and data insights.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• athenahealth: Cloud-based EHR and revenue cycle platform serving independent and small-group practices, with a network-effect marketplace (athenaGalleries). Directly comparable on PLG-style trial, subscription pricing, ambulatory focus, and integrated billing.
• eClinicalWorks: Ambulatory EHR with integrated billing, patient engagement, and interoperability used by thousands of independent practices across the US. Comparable target customer (independent physician practices) and integrated billing/EHR product structure.
• NextGen Healthcare: Cloud-based EHR, practice management, and revenue cycle suite targeted at ambulatory and specialty practices. Direct overlap on customer segment, subscription model, and integrated RCM capability.
• Greenway Health: EHR, practice management, and revenue cycle platform serving ambulatory practices and Community Health Centers. Comparable in serving physician-owned practices with end-to-end clinical and billing workflows.
• Tebra (Kareo): Cloud EHR and billing platform built for independent practices, formed by the Kareo+PatientPop combination. Closely matched on PLG-style onboarding, ambulatory independent-practice focus, and integrated billing.
• DrChrono (EverHealth): Cloud-based EHR with iPad-native workflows and integrated billing for small and specialty practices. Comparable subscription EHR model aimed at independent providers.

Broad incumbents

• Oracle Health (formerly Cerner): Large-scale EHR and health IT vendor serving hospitals, IDNs, and ambulatory sites. Broader portfolio than Practice Fusion, but overlapping ambulatory and interoperability capabilities (Millennium, HealtheIntent) make it a relevant incumbent benchmark.
• Epic Systems: Dominant enterprise EHR for hospitals and large medical groups. Not a direct SMB competitor, but Epic's Community Connect and specialty modules increasingly encroach on the independent-practice segment Practice Fusion serves.

Others

• Veradigm: Practice Fusion's parent company and a healthcare technology network that bundles EHR, revenue cycle, and data solutions. Included as an OTHERS / ecosystem peer because it controls and cross-sells through Practice Fusion rather than competing with it directly.

Emerging players

• Suki AI: AI-powered ambient clinical documentation assistant that integrates with multiple EHRs including ambulatory platforms. Direct overlap with Practice Fusion's Scribe module as an AI documentation feature competing in the same workflow.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/PracticeFusion
• Facebookfacebook.com/practicefusion
• LinkedInlinkedin.com/company/practice-fusion

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds11 records

Investors24 records

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

M&A1 record

Investments

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

Frequently asked questions about Practice Fusion