# simplifyMD

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/simplifymd

- Industry: Healthcare
- Headquarters: Alpharetta, US
- Website: www.simplifymd.com
- Total disclosed funding: $4.5M
- Latest round: Series A (Nov 15, 2011)
- Investors on record: 1

## About

simplifyMD is a technology company that provides cloud-based electronic health record (EHR) and billing solutions tailored for ambulatory clinics and rural hospitals, enhancing operational efficiency and patient care delivery.Founded in 2006 in Alpharetta, US, simplifyMD specializes in cloud-based healthcare solutions for ambulatory clinics and rural hospitals. The company has completed 3 deals, with its most recent funding round occurring on May 8, 2014, when it raised USD 0.5 million. There are no mentions of any changes in business operations or structure since its inception.simplifyMD offers a comprehensive suite of AI-powered, cloud-based electronic health record (EHR) and billing solutions designed specifically for ambulatory clinics and rural hospitals. Their primary product is an integrated platform that simplifies patient care, streamlines billing processes, and enhances operational efficiency. Key functionalities include a Clinical Assistant for structured note generation and voice-enabled transcription, as well as a Billing Assistant that automates the detection of billing errors and missing information. These features significantly reduce administrative workload and allow healthcare providers to focus more on patient care, addressing challenges such as clinician burnout. The company serves a diverse client base, including hospitals, rural health clinics, ambulatory practices, and billing companies across the United States and other regions, focusing on enhancing healthcare delivery and financial stability for these organizations.simplifyMD generates revenue through a subscription-based model, where clients pay for access to their software solutions. These transactions typically involve healthcare providers subscribing to different tiers of service, which may include features tailored to their operational needs, such as EHR capabilities, billing services, and analytics tools. The structure allows for flexibility, enabling clients to select specific services based on their requirements. While specific pricing details for individual products or services are proprietary, the revenue model ensures a consistent stream of income as healthcare organizations increasingly seek integrated solutions to optimize their operations. This strategic approach positions simplifyMD to capture value from their flagship offerings, catering to an evolving market that demands efficient, technology-driven healthcare solutions.Following their most recent funding on May 8, 2014, when simplifyMD raised USD 0.5 million, the company plans to utilize these resources for expanding its product offerings and entering new markets. The focus is on developing new features within their existing platform and targeting additional healthcare markets, particularly in underserved regions, with a goal of enhancing access and efficiency in those areas. Specific timelines or additional details regarding these product launches and market expansions have yet to be disclosed.

## Funding rounds

- Series A, Nov 15, 2011, $4.5M — Intersouth Partners

## Investors

- Intersouth Partners (https://capitalatlas.ai/funds/intersouth-partners) — Series A