Parker Health

Overview
Hospital Management?
Product stageSegments
Early
?
Clinical operations and workflow management
?

Parker Health is a multinational health technology company founded in 2019 that offers digital solutions for the healthcare sector. Its flagship product, the Parker Suite, is a cloud-based health management system that utilizes artificial intelligence to organize patients' electronic health records. The platform is claimed to be the first fully compliant with the Fast healthcare Interoperability Resources (FHIR) standard for electronic health records in the US market. Parker Health has also developed a subscription-based service to connect patients with local healthcare professionals, offering services such as primary and specialty care, annual physicals, immunizations, diagnostic testing, and screenings.

In addition to the Parker Suite, the company has created FDB Vela, a cloud-native electronic prescribing network that facilitates the exchange of critical medication prescription information among prescribers, payers, pharmacies, and other stakeholders. Parker Health has partnered with prominent technology companies like Microsoft, Google, and Garmin, which are among its clients.

In February 2023, Parker Health challenged Oracle-Cerner's USD 16 billion VA EHR Modernization contract by submitting whitepapers and testimonies before the Committee on Veterans Affairs of the US Congress. The company has also participated in drafting and developing new policies for US Health IT standards and has formed research partnerships with institutions such as NYU, UCF, and OSU.

Key customers and partnerships

Parker Health has secured partnerships with several renowned research and development facilities, technology giants, governmental agencies, and non-governmental organizations that share the company's goal of promoting innovation, increasing access to care, affordability, and enhancing the overall care experience for patients, staff, and communities.

Some of Parker Health's notable clients include Microsoft, Google, and Garmin, which utilize the company's Parker Suite health management system. The company has also played a role in the development of the nation's first fully integrated SMART hospital in West Texas.


Sources

Disclaimer: This company profile has been generated using data obtained through automated web searches and advanced generative AI technology. While we strive to ensure the accuracy and reliability of our sources, auto-generated information could be outdated or inaccurate and should be verified independently.
HQ location:
1215 31st Street NW #3931 #3931 Washington DC USA
Founded year:
2020
Employees:
11-50
IPO status:
Private
Total funding:
USD 26.3 mn
Last Funding:
USD 25.0 mn (Series A; Jul 2023)
Last valuation:
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Key competitors
 
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