With the funding, DrChrono plans to further invest in its technology platform, which includes its EHR, medical billing service and application programming interface. Additionally, the EHR vendor will use the funding to expand its engineering, sales and support functions.
Investment company ORIX Growth Capital led the funding round. ORIX Growth Capital has invested approximately $1.8 billion in more than 150 companies.
DrChrono’s platform is currently used by thousands of physicians across the U.S. More than 17.8 million patients use its platform. The company estimates that 69 million appointments have been scheduled through its EHR and that it has processed more than $11 billion in medical billing.
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