Silicon Valley is finally starting to have a real impact on the health care industry, and Practice Fusion, an Electronic Medical Records (EMR) company, is leading the way. In addition to replacing paper charts, its free, web-based product helps doctors with everything from appointment scheduling to prescription management. With major VC backing and vocal support from investors like Peter Thiel, the managing partner at Founders Fund and former CEO of PayPal, the company is positioned to scale quickly and dominate the digital health care revolution.
According to Ryan Howard, founder and CEO of Practice Fusion, the startup already has 150,000 users and 34 million patients under management. That represents about 10% of the U.S. population and averages out to about 70,000 patients a day. It’s also connected directly to over 70,000 pharmacies across the U.S.
