Commure

Overview
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Hospital Interoperability?
Product stageSegments
Expansion
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Data Interoperability Platform
?

Commure is a healthcare technology company that provides a unified platform to connect different solutions, make data accessible for clinicians, and optimize the efficiency of healthcare organizations. The company's flagship product, CommureOS, is a transformation platform designed to help healthcare providers synthesize existing solutions, build intelligent workflows, and facilitate connected innovation.

Commure offers a suite of applications, including solutions for enhancing clinical workflows, improving staff safety, and bolstering revenue operations. Its technology integrates with major electronic health records (EHRs) and leverages artificial intelligence (AI) to streamline processes like revenue cycle management, transcription, and patient engagement.

In October 2023, Commure merged with Athelas, a provider of healthcare workflow automation software and revenue cycle tools. The combined entity, valued at USD 6 billion, aims to drive long-term value for hospitals through scalable, automation-driven solutions. As of October 2023, the company reported an annual recurring revenue run rate of USD 150 million and served over 500 healthcare facilities.

In November 2023, Commure acquired Rx.Health, a clinical care coordination platform, to enhance its patient engagement capabilities. The acquisition added over two dozen health system, payor, and life science customers to Commure's network.

Key customers and partnerships

Commure's key customers include prominent healthcare providers such as HCA healthcare, Jefferson Health, Providence Health & Services, and the US Department of Veterans Affairs. The company served over 160,000 clinicians and staff across more than 500 care facilities as of October 2023. Through the acquisition of Rx.Health Commure added customers like Yale New Haven Health and UnitedHealthcare to its portfolio.


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 While we strive to ensure the accuracy and reliability of our sources, auto-generated information could be outdated or inaccurate and should be verified independently.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:
376 Brannan Street San Francisco CA USA
Founded year:
2017
Employees:
501-1,000
IPO status:
Private
Total funding:
USD 620.5 mn
Last Funding:
USD 4.5 mn (Series Unknown; May 2024)
Last valuation:
USD 6.0 bn (Oct 2023)
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