Drchrono, mobile EHR provider, has raised $12 million in Series A funding supervised by Runa Capital with participation from Eric Dunn (CEO of Quicken Inc. and Intuit’s first CTO), Maxfield Capital, and FundersClub. Andre Bliznyuk from Runa Capital and Oleg Koujikov from Maxfield Capital have merged with the drchrono board of directors as part of this funding round. To utilize the funding, the company plans to invest in their mobile EHR platform, talent acquisition, operation expansion to support their growth demand and also concentrate on advancing iOS apps as an Apple mobility partner.
drchrono has expanded its EHR characteristics, capabilities and RCM services since its inception for greater healthcare agencies as well as its API to permit other developers to develop on top of the drchrono platform. Numerous developers have integrated apps on the platform from startups such as Eko Devices wearable digital stethoscope, to Health Gorilla, which permits practices to connect to any lab company. Larger companies such as ZocDoc and DemandForce have also integrated with drchrono to establish a better provider experience.
Over 1 million appointments per month are being scheduled by the company and have over $12M in yearly recurring revenue. The platform has over 8 million sufferers under the care of drchrono physicians. More than $3.5 billion in medical claims have been submitted via drchrono. Physicians are now leveraging distinctive aspects of the platform involving electronic health (EHRs) records, practice management, sufferer education, as well as medical billing and RCM services to handle and grow their practices.