FlexscanMD

What FlexscanMD does

FlexScanMD, operated by Kestrel Software LLC and founded in 2009, is a cloud-based SaaS platform that provides real-time medical inventory management for healthcare practices. The system tracks medications, vaccines, implants, supplies, equipment, and retail products across single or multi-location facilities, supporting lot, expiration, break-open, and program-level (VFC, 340B, VFA, Family Planning) tracking with FIFO/LIFO methods. Its technology stack combines a multi-tenant cloud platform with an Android mobile application featuring 1D/2D barcode scanning and NFC login, a multi-factor-authenticated security layer (SOC 2 Type II, AES-256, RBAC), and automated compliance reporting for HIPAA, HITECH, and DSCSA.

The platform operates as a core product plus modular add-ons (Alerts & Reporting, Barcodes, Point of Sale, Asset Management, Purchase Order Module, Preference Cards for ASCs, Scalability for multi-location). Its commercial differentiator is deep workflow integration: bidirectional EHR/EMR data flows with Epic, Athenahealth, CureMD, Allscripts, Altera Health, Fusion, Hint, and Veradigm cause dispensed medications to auto-decrement inventory in real time, while EDI-based purchase order automation connects customers directly to McKesson, Henry Schein, AmerisourceBergen, Amazon, and AndaMeds for replenishment.

Commercially, FlexScanMD uses a quote-based, annual subscription pricing model sold through a hybrid direct enterprise sales motion and product-led self-serve web and Android app channels. It serves ten healthcare verticals including ambulatory surgical centers, dermatology, direct primary care, durable medical equipment, hospitals, integrative medicine, optical, pain management, sleep clinics, and health clinics, claiming thousands of customer facilities globally. The company is bootstrapped, privately held, headquartered in Pawling, New York, with a stated headcount of 1-10 employees and no disclosed external funding.

Name

FlexscanMD

Legal name

Kestrel Software LLC

Website

https://flexscanmd.com

Company type

Private

Founded year

2009

Operating status

Operating

Headcount range

1–10 employees

Short description

FlexScanMD, a Kestrel Software LLC product founded in 2009, is a cloud-based SaaS platform that provides real-time medical inventory management, barcode scanning, EHR integration, and regulatory compliance for thousands of healthcare facilities across ten specialty verticals.

Ownership category

akta.pro rank

Headquarters

HQ city

Pawling

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 Revenue: Subscription-based pricing model for cloud-based inventory management services, likely tiered by practice size or feature access.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

Core offering

FlexScanMD is a cloud-based SaaS inventory management platform that enables healthcare practices to track, manage, and dispense medications, vaccines, supplies, and equipment in real time across single or multiple locations. The platform provides barcode scanning, automated purchase orders via EDI, native EHR/PM integrations, and built-in HIPAA, HITECH, and DSCSA compliance for ambulatory surgical centers, hospitals, dermatology, optical, pain management, sleep, and other medical specialties.

Product overview

FlexScanMD is a cloud-based medical inventory management platform offered by Kestrel Software LLC, founded in 2009. The core product is FlexScanMD, which serves as the unified platform for managing medical inventory across healthcare practices. The system operates as a platform-plus-modules architecture, where the core FlexScanMD platform provides foundational inventory management capabilities, augmented by specialized modules including Mobile App (Android), Alerts & Reporting, Barcodes, Security, Compliance, Scalability (multi-location tracking), Point of Sale, Tracking Options, Inventory Anything, Cloud-Based access, Purchase Order Module, Asset Management, and Preference Cards Module. These modules are designed to work together, with the core platform integrating with EHR and Practice Management systems (Epic, CureMD, Athenahealth, etc.) and supply chain partners (McKesson, Henry Schein, AmerisourceBergen) to provide end-to-end inventory control for medical practices of all specialties and sizes.

Differentiator

Problem solved

Functional benefit

Products and services

• FlexScanMD
• FlexScanMD Mobile App (Android)

Quantifiable outcome

• Supports thousands of healthcare facilities with real-time inventory visibility

Segments10 records

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration15 records

Feature4 records

Partnerships

Ten partnerships are on record, tiered core.

• AmazoncoreTechnology or IntegrationAmazon Purchase Order System integration enables automated purchase order workflows, streamlining procurement processes for healthcare facilities using FlexScanMD's inventory management platform.
• EpiccoreTechnology or IntegrationIntegration with Epic Electronic Health Record system, one of the largest EHR platforms in healthcare, enabling bidirectional data flow between inventory management and patient care records.
• CureMDcoreTechnology or IntegrationIntegration with CureMD's EHR and Practice Management platform, connecting inventory operations with clinical and administrative workflows for healthcare practices.
• AllscriptscoreTechnology or IntegrationIntegration with Allscripts Electronic Medical Record platform, enabling healthcare providers to coordinate inventory management with clinical documentation and care delivery.
• HintcoreTechnology or IntegrationIntegration with Hint Practice Management platform, specializing in direct primary care and membership-based medical practices.
• Henry ScheincoreTechnology or IntegrationIntegration with Henry Schein Purchase Order System, connecting FlexScanMD with one of the largest medical supply distributors for automated procurement and inventory replenishment.
• FusioncoreTechnology or IntegrationIntegration with Fusion EHR and Practice Management platform, providing comprehensive connectivity between inventory management and clinical/administrative systems.
• McKessoncoreTechnology or IntegrationIntegration with McKesson Purchase Order System, connecting FlexScanMD with one of the largest pharmaceutical and medical-surgical supply distributors in North America.
• AthenahealthcoreTechnology or IntegrationIntegration with Athenahealth Practice Management and EHR platform, one of the leading cloud-based healthcare software providers, enabling comprehensive workflow connectivity.
• FramesDatacoreTechnology or IntegrationFramesData optical frames database integration specifically supports optical practice customers by providing comprehensive frames catalog data for eyewear inventory management.

Scale indicators2 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• WaveMark (Cardinal Health): WaveMark, a Cardinal Health company, provides RFID-based medical supply and implant inventory management for hospitals and IDNs. It directly competes with FlexScanMD in the same healthcare inventory management category with similar end-customers.
• LogiTag Systems: LogiTag offers RFID-based smart cabinets and inventory tracking solutions for hospitals and healthcare providers. It targets the same core use case as FlexScanMD—automated inventory visibility of medical supplies and high-value implants.
• Bluesight (Kit Check): Bluesight's Kit Check product provides hospital pharmacy and operating room inventory management with RFID, analytics, and diversion detection. It overlaps with FlexScanMD's medication and surgical supply tracking for hospitals.
• Invistics: Invistics provides cloud-based inventory analytics and diversion detection for hospital pharmacies and healthcare systems. It targets similar customers (hospitals and health systems) with a focus on controlled substance and supply chain visibility.
• QuicksortRx: QuicksortRx provides pharmacy inventory management and analytics for hospitals and health systems. It competes directly with FlexScanMD in medication inventory visibility and procurement optimization.
• SupplyLogix: SupplyLogix provides pharmacy inventory optimization and analytics for retail and hospital pharmacies. It is a comparable SaaS-based inventory management provider targeting healthcare supply chain visibility.

Broad incumbents

• Omnicell: Omnicell is a large public healthcare technology company providing medication management, automated dispensing cabinets, and inventory solutions across hospitals and health systems. It is a much broader incumbent that overlaps with FlexScanMD's inventory and medication tracking capabilities.
• BD Pyxis: BD's Pyxis line of automated medication dispensing and supply management cabinets serves hospitals and health systems globally. As part of Becton Dickinson's broad medical device portfolio, it overlaps with FlexScanMD's medication and supply inventory tracking.
• Infor CloudSuite Healthcare: Infor provides cloud ERP and supply chain management solutions for healthcare providers, including inventory and procurement modules. It represents a broader ERP-suite incumbent that competes with FlexScanMD for enterprise healthcare inventory software budgets.

Emerging players

• Citra Health Solutions: Citra Health offers care management and healthcare technology services with elements of supply chain and inventory support. It overlaps partially with FlexScanMD's provider-facing operational software suite.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/flexscanmd

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

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 FlexscanMD