September 01, 2014 7:42 PM ET

Health Care Technology

Company Overview of Kareo, Inc.

Company Overview

Kareo, Inc. provides cloud-based medical office software and services platform for small medical practices, including doctors, practice managers, and billing companies. It offers electronic health record, practice management, and billing services solutions. The company was founded in 2004 and is based in Irvine, California with an additional office in Las Vegas.

3353 Michelson

Suite 400

Irvine, CA 92612

United States

Founded in 2004

Phone:

888-775-2736

Fax:

949-209-3473

Key Executives for Kareo, Inc.

Chief Financial Officer
Chief Medical Information Officer
Age: 48
Director of Marketing & Communications
Director of Human Resources
Compensation as of Fiscal Year 2014.

Kareo, Inc. Key Developments

Kareo, Inc. Announces Opening of Las Vegas Office to Support Medical Practice Success

Kareo Inc. announced the opening of a new operations center in Las Vegas. The Las Vegas area is known as a strong source of skilled talent for account services and technology support roles. In partnership with state and local agencies, Kareo is making a commitment to the Las Vegas area to support the growth of new jobs and infrastructure. Based on Kareo's current and projected growth rate for the billing solutions division, the company expects to maintain its strong hiring activity with 70 employees on site, over 100 projected by year-end and several hundred by the end of 2015. The Las Vegas team supports thousands of medical practices helping physicians to reduce their focus on paperwork and allowing them to focus on delivering outstanding patient care.

Kareo Inc. and Falcon EHR Cooperate to Deliver Cloud-Based Solution to Nephrology Practices

Kareo Inc. announced the launch of a new cooperative relationship with Falcon EHR, a division of DaVita HealthCare Partners Inc. Together, the companies provide an integrated solution of software and services designed to help nephrologists successfully manage the clinical and business aspects of their practice. Physicians use Kareo Practice Management software to complete tasks such as creating patient records, scheduling appointments and updating patient information. These data are then dynamically updated in Falcon EHR, eliminating double entry or manual entry. In a similar fashion, data entered in the Falcon EHR Superbill are automatically uploaded to the Kareo PM for speedy and accurate billing. This seamless integration can now be purchased by physicians, and it reduces risk, lowers costs and allows more time for physician/patient engagement.

Kareo and ChartLogic Deliver a New Cloud-Based Solution for Practices in Complex Areas of Medicine

Kareo Inc. announced the launch of a new partnership with ChartLogic. Together, the companies provide an integrated solution of software and services designed to help independent practices successfully manage the clinical and business aspects of their practice. The urgent need for an integrated solution was highlighted in the recent 2014 Black Book Survey. According to the survey, 90% of practice managers believe that an innovative, seamless EHR/PM/RCM system will ensure long-term practice independence and greatly improve productivity and profitability. With a decade of leadership in practice management workflow and medical billing, Kareo's Practice Management software and team of billing professionals will help orthopedic and otolaryngology practices manage the patient flow and revenue streams of the business. Like Kareo, ChartLogic's easy-to-use software is designed to help doctors practice medicine better, not slow them down, which is why doctors can document a unique patient note in 90 seconds or less.

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Recent Private Companies Transactions

Type
Date
Target
Private Placement
January 21, 2014
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