Medsphere Systems

Medsphere Systems is a leading provider of efficient and interoperable healthcare information technology (IT) software solutions and services.

Medsphere enables better patient care and lower costs by providing comprehensive healthcare IT systems and services for community hospitals, inpatient behavioral health facilities and physician practices.

Medsphere Systems was founded in 2002 by Rick Stockell. The company is headquartered in Carlsbad, California, with an office in San Francisco.

 

Medsphere’s inpatient portfolio includes CareVue, an integrated EHR system that incorporates clinical, financial, and patient accounting solutions, and RCM Cloud, a complete end-to-end revenue cycle management solution.

 

Medsphere’s OpenVista® is an acute and inpatient behavioral health-oriented portfolio of clinical products and services that leverages the VistA electronic health record (EHR) system developed by the Department of Veterans Affairs (VA) and the Indian Health Service (IHS).

 

Medsphere is backed by Morgan Stanley Expansion Capital, TPG Sixth Street Partners, Azure Capital, EPIC Ventures, NextEquity and others. The company raised $40M in a latest financing on Jan 14, 2020. This new round brings Medsphere's total funding to $134.2M to date.

 

 

  • Year founded: 2002
  • Funding Info: $134.2M over 7 Rounds (Latest Funding Type: Venture- Series Unknown)
  • Yearly Revenue: $20M-$50M (2019)
  • Employee Size: 51-200
  • Business Valuation: NA
  • City/Town: Carlsbad
  • State: California
  • Country: United States
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