Kareo
TypePrivate
FoundedIrvine, California, United States (2004)
Headquarters3353 Michelson Dr. Suite 400
Irvine, CA 92612
Key people
Dan Rodrigues,
Founder & Chief Executive Officer
ProductsElectronic Health Record, Practice Management Software, Billing Services
Websitekareo.com

Kareo is a company based in Irvine, California that provides software as a service for independent medical practices.[1][2] The company offers cloud computing products and services for electronic health record (EHR) management, medical practice management software, managed billing services and software to help practices engage with their patients. In 2019, the company reported over 55,000 providers using its technology.[3][4][5]

History

Kareo was established by former Scour Inc. founder Dan Rodrigues in 2004.[6] The company is headquartered in Irvine, CA and has offices in Las Vegas, NV and Indianapolis, IN.

In July 2013, Kareo made its first acquisition of a full-service provider of medical billing and associated solutions company, ECCO Health, LLC.[7]

Over the years, the company has received funding from a variety of venture capital firms including CNET founder Halsey Minor's Minor Ventures and OpenView Venture Partners.[8]

On March 14, 2014, Kareo EHR achieved Meaningful Use 2014 Edition Stage 2 certification by the Drummond Group, which is an Office of the National Coordinator for Health Information Technology Authorized Certification Body (ONC-ACB).[9]

Kareo acquired DoctorBase, a mobile-based patient engagement and practice marketing platform on March 10, 2015.[10][2]

On April 2, 2015, the company announced that it joined Commonwell Health Alliance, a not-for-profit trade association of health IT companies working together to create universal access to health care data.[11]

On November 2, 2021, Kareo announced it was merging with healthcare marketing company PatientPop to form Tebra.[12]

Awards

In 2020, Kareo was ranked on the Investopedia "7 Best Medical Billing Companies" and rated as "Best for Independent Physician."[13]

In 2022, Kareo was rated #65 on the "100 Best Large Companies to Work For in Los Angeles" by BuiltIn LA.[14]

In 2022, Kareo was mantioned by Forbes Advisor as "Best Medical Billing Software Of 2022" along with other top EHR providers. [1]

References

  1. ^ a b Forbes (2015)
  2. ^ a b "Kareo acquires DoctorBase to integrate its practice management, patient communication offerings". MobiHealthNews. 2015-03-10. Retrieved 2018-06-18.
  3. ^ "Kareo nabs $30M to bring cloud tools to medical practices — starting with a free EHR", Venturebeat, January 2014
  4. ^ "Kareo Launches Free EMR Software For Improved Billing, Patient Interaction", Becker's ASC Review
  5. ^ "Kareo the "Doctor's Cloud" Secures $29.5 Million in Growth Capital". TechZulu. 2014-01-31. Retrieved 2014-02-07.
  6. ^ "Company Overview of Kareo, Inc.", Bloomberg Businessweek'
  7. ^ "Kareo acquires medical billing company ECCO Health", ModernHealthcare.com'
  8. ^ Medical Office Software Maker Kareo Raises $55M, techcrunch.com.
  9. ^ "Certified Health IT Product List". force.com. Retrieved 2015-07-15.
  10. ^ "Med software vendor Kareo expands offerings with acquisition", ModernHealthcare.com
  11. ^ "Meditech joins CommonWell, among others", HealthcareITNews.com
  12. ^ "Kareo and PatientPop merge to create all-in-one provider platform". FierceHealthcare. Retrieved 2022-01-06.
  13. ^ Elliott, Jessica. "The 7 Best Medical Billing Companies of 2020". Investopedia. Retrieved 2020-11-20.
  14. ^ "Best Medical Billing Software Of 2022 - Forbes Advisor". www.forbes.com. Retrieved 2022-03-23.((cite web)): CS1 maint: url-status (link)