DrChrono Closes $20M to Grow Practice Management Platform

DrChrono has announced it has raised a $20 million growth capital round from ORIX Growth Capital to spur expansion and increase market share through further investment in the technology platform (EHR, medical billing and API) and expansion of engineering, sales, and support functions.

To date, DrChrono says that the platform is used by thousands of physicians, has over 17.8 million patients under the care of DrChrono providers, facilitated the booking of 69 million appointments and the processing of more than $11 billion of medical billing to date.

“After meeting the DrChrono executive team, we were excited about their vision of the future, where healthcare will simply work for physicians and for their patients on a modern platform,” said David Orlandella of ORIX Growth Capital. “Clearly having a modern cloud-based platform is part of the future.”