Medisprout

What Medisprout does

MediSprout (legal entity Medisprout, Inc., headquartered in Valhalla, New York) is a clinician-owned developer of an integrated EHR and practice management platform purpose-built for independent mental health practices. Founded in 2015 by Dr. Samant Virk, a physician with 15 years of clinical experience, the company's V2MD platform unifies telehealth video visits, patient intake and portal, scheduling, billing, insurance claims processing, and AI-assisted documentation into a single product, with companion iOS and Android apps (MyPractice Assistant for providers, MyMedi Health for patients). The technical stack emphasizes HIPAA-compliant, SOC 2 Type II certified, PCI-compliant infrastructure with end-to-end encryption and role-based access controls.

The target customer base is solo and small-group mental health practitioners in the United States: Licensed Clinical Social Workers, Licensed Mental Health Counselors, psychologists (PhDs/PsyDs), and Principal Illness Navigators. The go-to-market is product-led growth via a free core platform (with 4 free video visits per month per provider) and self-serve sign-up with no credit card required, supplemented by founder-led sales ("Talk to the Founder") and a Clinical Integrity Board that gives practicing clinicians binding governance authority over platform decisions. Distribution is primarily domestic direct-to-consumer through the website, content marketing, SEO, and app stores.

Revenue mechanics combine freemium acquisition with paid upgrades: Unlimited Video Visits at $49 per provider per month, AI Notes at $0.11 per minute via MyPractice Assistant, Stripe pass-through transaction fees on private-pay invoices, AMA CPT licensing pass-through, and a forthcoming claims-based transaction fee on insurance reimbursements. The company explicitly positions itself against VC-backed competitors (e.g., SimplePractice) on the basis of clinician ownership, no investor pressure, and no data monetization, a structural feature rather than a marketing slogan given the absence of disclosed institutional funding beyond a 2014 StartUp Health affiliation. The team is 1–10 employees, structured around an international development organization with a US-based clinical and executive leadership.

Name

Medisprout

Legal name

Medisprout, Inc.

Website

https://medisprout.com

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

1–10 employees

Short description

MediSprout is a clinician-owned, US-based EHR and practice management platform serving independent mental health practices (LCSWs, counselors, psychologists, and Principal Illness Navigators) with integrated telehealth, billing, AI-assisted documentation, and automated claims processing on a freemium pricing model.

Ownership category

akta.pro rank

Product category

Mental Health Practice Management Software

SIC

Services-Misc Health & Allied Services, Nec (8090)

akta.pro primary industry

Psychiatry & Medication Management Platforms (HLALAEAB)

Keywords

• Mental health EHR
• Practice management software
• Telehealth platform
• Clinical documentation
• Insurance claims processing

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. Core Platform (Freemium): Free core platform with 4 video visits per month per provider. Serves as acquisition layer for paid upgrades. No subscription cost, revenue comes from premium features.
2. Unlimited Video Visits Subscription: $49/month per provider. Unlimited video visits beyond the 4 free visits included in core platform. Flat per-provider subscription model.
3. AI Notes (Usage-based): $0.11 per minute for voice transcription and note creation via MyPractice Assistant app. Usage-based pricing on top of platform subscription.
4. Insurance Claims Processing: Claims-based pricing coming soon. Automated insurance claims processing with direct submission to insurers. Percentage-based fee per successful claim paid.
5. Payment Processing: Stripe transaction fees: 2.9% + $0.30 per transaction for private pay invoicing and payments.
6. CPT License: AMA CPT license 2026: $18.50 + $2 processing fee per user per year. Annual license cost for medical coding.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels7 records

Core offering

MediSprout provides a unified, clinician-owned EHR and practice management platform purpose-built for independent mental health practices. The V2MD technology platform combines telehealth, patient intake, scheduling, billing, AI-assisted documentation, and automated insurance claims processing with companion mobile apps for providers (MyPractice Assistant) and patients (MyMedi Health).

Product overview

MediSprout is a clinician-owned, ethics-driven EHR and practice management platform purpose-built for independent mental health practices. The offering is a single unified platform (MediSprout Core Platform) with integrated modules and companion apps. The core platform is free and includes telehealth video, patient intake and portal, scheduling and calendar, billing, and admin automation. Two companion mobile apps extend the platform: MyPractice Assistant (for providers) and MyMedi Health (for patients). Optional paid add-ons include an Unlimited Video Visits upgrade ($49/provider/month), AI Notes transcription ($0.11/minute), and Automated Insurance Claims Processing with a built-in smart clearinghouse. The platform serves Licensed Clinical Social Workers, Licensed Mental Health Counselors, Psychologists, and Principal Illness Navigators.

Differentiator

Problem solved

Functional benefit

Brands

• MyPractice Assistant: Voice-enabled AI assistant app for therapists with visit recording, transcription, and scheduling capabilities.
• MyMedi Health
• V2MD

Products and services

• MediSprout Core Platform A unified EHR and practice management platform for independent mental health practices. The core platform is free and includes telehealth video, HIPAA-compliant security, patient intake, scheduling, billing, and automated admin tools for the full care lifecycle. Purpose-built for LCSWs, LMHCs/LPCs, PhDs/PsyDs, and Principal Illness Navigators.
• MyPractice Assistant App A mobile app for providers featuring AI-assisted notes and visit recording, voice-enabled scheduling, and mobile calendar management. The app unifies workflows, communications, and care data to help therapists strengthen therapeutic relationships and deliver better care outcomes.
• MyMedi Health App A patient-facing mobile app providing full account access, appointment requests, video visit joining, records access, family account management, and payment setup. Available on iOS and Android, it elevates patient engagement and care connectivity.

Quantifiable outcome

• 2,400+ therapists onboarded to platform
• +4 more outcomes

Named customers8 records

Segments6 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

AI capability7 records

Feature8 records

Partnerships

Four partnerships are on record, tiered minor and core.

• Cancer Care ConciergeminorStrategic or Co-development PartnerPartnership with Cancer Care Concierge led by Joseph A. Bauer, PhD. Quote: 'We are proud to partner with a team that shares our values and is dedicated to elevating patient care across the country.' Represents alignment with healthcare practices sharing similar ethics-driven values.
• StripecoreTechnology or IntegrationStripe is used for payment processing including private pay invoicing and transaction handling. Transaction fee of 2.9% + $0.30 per transaction. Integrated for secure payment processing with Level 1 security and end-to-end encryption.
• Independent Third-Party Security ValidatorscoreTechnology or IntegrationSecurity and compliance technology validated through independent third-party specialist. SOC 2 Type II certification and HIPAA compliance verified by external auditors.
• Third Party Service ProviderscoreTechnology or IntegrationThird party service providers including hosting, data analysis, IT services, customer service, email delivery, auditing, translation services, PHI transmission, and pharmacy/integrated healthcare services.

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Valant: Behavioral health EHR and practice management platform targeting outpatient mental health providers. Comparable to MediSprout in vertical focus on psychiatry and therapy practices, with overlapping scheduling, notes, and billing features.
• SimplePractice: The dominant EHR and practice management platform for solo and small-group mental health practices in the US. Direct competitor to MediSprout across telehealth, scheduling, billing, and notes; explicitly named by MediSprout in its positioning as the VC-backed incumbent it differentiates against.
• TherapyNotes: EHR and practice management software purpose-built for behavioral health therapists, including scheduling, notes, and billing. Closely comparable to MediSprout in target customer (LCSWs, LMHCs, psychologists) and feature scope.
• TheraNest: Practice management and EHR software for mental health, ABA, and behavioral health practices. Direct competitor to MediSprout in serving small-group mental health clinics with notes, scheduling, telehealth, and billing.
• Jane App: Practice management platform serving allied health and mental health practitioners with scheduling, charting, billing, and telehealth. Comparable in targeting independent practitioners and small clinics with an integrated workflow product.

Emerging players

• Sessions Health: All-in-one practice management platform for therapists with telehealth, notes, and billing. Comparable feature scope to MediSprout but a smaller, newer entrant with overlapping solo and group practice segments.
• Headway: Mental health-focused platform that helps therapists accept insurance and grow their practices. Comparable mental health vertical focus and therapist-centric positioning; overlaps with MediSprout in serving independent therapists but addresses insurance access rather than EHR/practice management.

Broad incumbents

• Kareo (Tebra): Larger practice management and EHR suite serving a broad range of specialties beyond mental health. Overlaps with MediSprout in scheduling, billing, and telehealth but does not specialize in the mental health therapist workflow.
• athenahealth: Large enterprise EHR and practice management vendor serving hospitals, health systems, and larger ambulatory practices. Comparable in offering telehealth and billing functionality but operates at significantly larger scale and broader scope than MediSprout's mental health focus.
• DrChrono: EHR and practice management platform with integrated telehealth, billing, and scheduling. Comparable technology stack and SaaS model to MediSprout, though DrChrono serves a broader medical specialty mix rather than mental health therapists specifically.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/medisprout
• Facebookfacebook.com/medisprout
• LinkedInlinkedin.com/company/medisprout

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles13 records

Funding overview

Funding rounds1 record

Investors1 record

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 Medisprout