DrChrono

DrChrono is an American digital health technology company providing a software and billing service platform consisting of Web- and cloud-based apps for doctors and patients. It makes electronic health records (EHR), practice management software and medical billing software available digitally and provides medical revenue cycle management (RCM) services. The company is based in Sunnyvale, California

DrChrono
Private
IndustryHealthcare
Founded2009
FoundersMichael Nusimow (CEO)
Daniel Kivatinos (COO)
HeadquartersSunnyvale, CA, USA
Hunt Valley, MD, USA
ProductsDrChrono
OnPatient
ServicesHealth records
Websitewww.drchrono.com

History

DrChrono was founded in New York City in 2009 by Daniel Kivatinos and Michael Nusimow.[1][2] The company spent time in the Rose Tech Ventures incubator in New York City before moving to Silicon Valley to join Y Combinator.[2][3] Nusimow, a computer engineer, created the program with the intention of streamlining patient-doctor visits.[4] In February 2011, DrChrono launched as an EHR app for the iPad,[5][6] allowing doctors to complete tasks and access information without needing to use paper records. The information gathered and accessed through the app is also available from a Web browser, iPhone or Android device,[1][6] on Google Glass and the Apple Watch.[7]

In June 2011, the company released the first tablet EHR system to be certified for meaningful use by Infogard Laboratories.[8] Doctors who used their EHR app to store and track patient data received up to $44,000 in incentives from federal subsidies.[9] In August 2012, DrChrono released OnPatient, an iOS and Android app to replace and expedite the traditional handwritten patient check-in process. It integrates with DrChrono's medical records interface.[10]

In 2014, DrChrono was ranked #249 on Inc. magazine's Inc. 5000, and it was ranked #357 in 2015, with a three-year growth of 1,311%.[11] As of December 2018, the platform has booked over 41.6 million patient appointment visits, with 13.2 million patients under the care of DrChrono providers. Over $3 billion in medical claims are processed annually through the platform.[12]

In January 2020, the company has raised $20 million growth capital round from ORIX Growth Capital a subsidiary of Orix USA to stimulate expansion and increase market share By investing further in the technology platform (EHR, medical billing and API) and expanding engineering, sales, and support functions.[13]

Products and software

DrChrono

DrChrono's EHR platform is built on open source technologies including Linux, Python, MySQL, and Django, atop Apple's iOs platform.[14] In 2013, it opened up its application programming interface (API) so that developers could build apps intended for the physicians and million patients in its system. DrChrono vets the best apps and features them on its website.[15]

The company makes electronic health records of patients available digitally, as an iOS app on the iPhone, iPad and Apple Watch, and also as an app available on most Android phones.[4][7] Doctors can customize the interface, schedule appointments, take notes and photos, write prescriptions and send them to pharmacies, look at lab results and update a patient's records. The service offers paid monthly subscriptions for premium services, such as dictation, medical billing software and storage for medical records. Patients can use a version of the app to keep track of their own results and appointments.[1] Its Revenue Cycle Management service helps physicians and medical practices manage billing, collections, accounts receivable, insurance processing and other paperwork.[16] It offers direct integration with Acronis for exchanging large files,[17] as well as a revenue cycle management option called Apollo-plus.[18]

In June 2014, DrChrono created the first health record system app for Google Glass, creating a wearable health record allowing doctors to record patient visits, with the patient's permission, releasing the app in a beta phase. Videos, photos and notes are stored in the patient's electronic medical record or in Box, a cloud-based storage and collaboration service.[19] In April 2015, DrChrono migrated its app to the Apple Watch, which had just been announced. Health records on the iPad, iPhone and Apple Watch sync up together and link to Apple's HealthKit data repository and contribute to the patient's ongoing electronic health record.[7] In September 2016, the company announced its EHR iOS app was the first to be certified for Electronic Prescriptions for Controlled Substances (EPCS), allowing doctors to prescribe electronic prescriptions for controlled substances to pharmacies.[20]

In November 2017, DrChrono became the first EHR to use Apple's facial recognition feature for login, allowing the provider to log in quicker.[21] In April 2018, the company introduced leasing plans to provide medical practices with new Apple hardware.[22] In February 2019, DrChrono's EHR attained ONC certification for Meaningful Use Stage 3, the first to obtain that certification for a mobile-based product, enabling it to share data with other MU3-certified EHRs.[23]

OnPatient

OnPatient is a separate application for patients, offering a range of tools for managing health day-to-day. It offers reminders of upcoming appointments, bill-paying capabilities, and allows for text messaging with health professionals.[7] Following the discontinuation of Google Health in 2011, the data from that program can be imported into OnPatient.[24] The application puts an emphasis on primary data recorded by patients themselves through smartphones and apps. The data is used to find doctors, schedule appointments and send secure messages between patients and professionals. The app is free for patients; full access to OnPatient is part of the paid subscription plan for doctors.[24] It is available on Android or iOS devices.[18]

Investors

In 2011, the company raised $1.3 million from a number of angel investors, including Y-Combinator, Gmail creator and FriendFeed founder Paul Buchheit, General Catalyst, Charles River Ventures and 500 Startups.[1][10] In January 2012, the company announced a $2.8 million seed round of funding led by Russian tech mogul Yuri Milner, as well as Google engineer Matt Cutts.[1][10] In 2017, DrChrono raised $12 million in a series A funding round led by Runa Capital.[25] In 2018, the company raised $10 million in funding from SQN Ventures, bringing its total raised to nearly $29 million.[25][12]

Partnerships

Hundreds of developers have integrated apps on the platform, including CoverMyMeds, FIGmd, Ambra Health, Square, DemandForce, and NextPatient.[12] In April 2016, DrChrono announced four new medical application programming interface partners: Health Gorilla, Inuvio, Medisafe and Wink Health. The partnerships bring the DrChrono platform access to US labs for labs and imaging ordering; streamlined patient data collection; increased access for Medisafe physicians; and integration of sleep studies from a patient's home.[26] In late 2017, the company partnered with FlexScanMD, to help medical practices track inventory.[27] In 2019, DrChrono announced numerous partnerships, with companies including CoverMyMeds to help expedite insurance authorization processing;[28] Beam Health to allow doctors to conduct smartphone video consultations; 3D4Medical, to give medical practices access to 3D interactive modeling and animation videos from within their EHR;[27] Jamf, to help healthcare practices manage their Apple devices and apps;[17] Genomind, to help integrate genetic tests into the app;[29] Kapitus, to help healthcare practices secure additional funding;[30] DeepScribe, to use artificial intelligence to integrate medical notes directly into their EHR;[31] HeathFeed for educational content for providers;[32] Updox to consolidate various administrative tasks;[33] and OutcomeMD, to make it easier to track and analyze patient data.[34]

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References
  1. Jenna Wortham, "DrChrono Raises $2.8 Million to Digitize Doctor's Visits," The New York Times, January 26, 2012.
  2. Adrianne Jeffries, "New York-Born, Y Combinator-Bred DrChrono Raises $675K to Get Doctors on the iPad," New York Observer, July 14, 2011.
  3. Adrianne Jeffries, "Across Time Zones with DrChrono's Daniel Kivatinos," New York Observer, May 4, 2011.
  4. Douglas MacMillan, "Electronic Medical Records: A Silicon Valley Gold Rush," Bloomberg Businessweek, September 22, 2011.
  5. Leena Rao, "Drchrono Raises Funding To Bring Medical Records To The iPad," TechCrunch, July 14, 2011.
  6. Jolie O'Dell, "The iPad will see you now: Meet Dr. Chrono," USA Today, April 18, 2011.
  7. Timothy Hay, "DrChrono is Bringing Electronic Health Records to the Apple Watch," The Wall Street Journal, April 13, 2015.
  8. Husain, Iltifat (28 April 2010). "The First Electronic Health Record Customized For The iPad Has Arrived". iMedicalApps. Retrieved 28 October 2010.
  9. Darrell Etherington, "Electronic medical records get a boost from iPad, federal funding," GigaOm, July 28, 2011.
  10. Leena Rao, "DrChrono Raises $2.8M From Yuri Milner And Others To Help Bring Medical Records To The iPad," TechCrunch, January 26, 2012.
  11. DrChrono, Inc., 2015.
  12. "DrChrono Raises $10M to Expand EHR Platform to Large-Scale Practices". hitconsultant.net. Retrieved 6 December 2019.
  13. "DrChrono closes $20M to grow its mobile-friendly EHR, practice management platform", mobihealthnews.com/
  14. Sarah Perez, "DrChrono Now Lets Doctors Accept Payments Via Square, View Real-Time Insurance Info On iPad," TechCrunch, June 7, 2012.
  15. Christina Farr, "DrChrono to developers: Use our API to help us fix health care," VentureBeat, December 11, 2013.
  16. "drchrono Brings the Future of Revenue Cycle Management to EHR Platform," mHealth Times, May 19, 2016.
  17. "Acronis selects DrChrono as its first electronic health record partner". dotmed.com. Retrieved 6 December 2019.
  18. "DrChrono Review". pcmag.com. Retrieved 6 December 2019.
  19. Vamien McKalin, "Drchrono 'wearable health record' app for Google Glass looks to revolutionize how physicians store patient data," Tech Times, June 17, 2014.
  20. "drchrono Launches First Native iOS EHR App Certified for EPCS," hitconsultant.net, September 30, 2016.
  21. "Drchrono becomes first EHR to use Apple's facial recognition for login". mobilehealthnews.com. Retrieved 6 December 2019.
  22. "DrChrono to offer Apple hardware leasing for physician practices". healthcareitnews.com. Retrieved 6 December 2019.
  23. "DrChrono gets Meaningful Use Stage 3 certification for its mobile-first EHR". mobilehealthnews.com. Retrieved 6 December 2019.
  24. Ingrid Lunden, "As Google Health Flatlines, Drchrono Picks Up The Slack With Onpatient, A Health Database With A Quantified Self Twist," TechCrunch, December 19, 2012.
  25. "DrChrono raises $12 million". techcrunch.com. Retrieved 6 December 2019.
  26. Bill Siwicki, "DrChrono adds lab, imaging, medication adherence to EHR via APIs and partnerships," Healthcare IT News, April 4, 2016.
  27. "These companies are bringing 3D modeling to the EHR". medcitynews.com. Retrieved 6 December 2019.
  28. "DrChrono partners with CoverMyMeds for prior authorization, price transparency". healthcareitnews.com. Retrieved 6 December 2019.
  29. "Genomind to Further Integrate Genetic Tests Into DrChrono EHR". genomeweb.com. Retrieved 6 December 2019.
  30. "DrChrono Partners with Kapitus to Provide Financing Options for Physician Practices". businessinsider.com. Retrieved 6 December 2019.
  31. "DrChrono EHR Adds AI-Powered Medical Notes Integration for Medical Practices". hitconsultant.com. Retrieved 6 December 2019.
  32. "HealthFeed Integrates Patient Education Module With DrChrono EHR". hitconsultant.com. Retrieved 6 December 2019.
  33. "Updox Integrates Collaboration Platform with DrChrono EHR to Help Practices Eliminate Staff Fatigue". hitconsultant.com. Retrieved 6 December 2019.
  34. "DrChrono and OutcomeMD Announce Partnership Making it Easier to Track and Analyze Patient Outcome Data and Confounding Factors". globenewswire.com. Retrieved 6 December 2019.
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